Occurring approximately every four years, Bitcoin's upcoming halving in April 2024 will reduce its new issuance rate by 50% overnight. With miners rewards slashed while coin scarcity spikes, the stage appears set for the next supply-shock bull market. Or does it? Reviewing history, significant appreciation has followed every halving event. Both 2012 and 2016 saw minor initial dips before torrential uptrends kicking off the most parabolic rallies ever — new highs up to 8,800% above prior peaks. And 2020 played out similarly, with values exploding 548% post-halving.
Zeko Labs, a pioneering blockchain company realizing the vision of a world powered by zero-knowledge technology, announces the successful completion of a $3 million pre-seed funding round from a consortium of early-stage investors. This funding will accelerate the development and deployment of the Zeko Protocol, a cross-chain zero-knowledge scaling protocol built on Mina and designed for the next generation of developers shaping the future of finance, AI, gaming, and the internet.
Ethiopia is set to host a major megawatt mining facility, with its first line to be launched by autumn 2024. The project is being carried out by UMINERS (HK), a mining company and data centers operator. The construction of the first phase with 24,000 high-performance ASIC miners with a total 100 MW of power capacity is already underway. The facility will deploy the latest...
The Runes Protocol, conceived by Casey Rodarmor, the creator of the esteemed Ordinals protocol, facilitates the issuance of fungible tokens on the Bitcoin network. Debuting in September 2023, Runes is currently undergoing testing in its version 0.18.1 (Latest), with plans to launch its mainnet during the Bitcoin Halving event at block 840,000 in April 2024.
aelf, the high-performance Layer 1 blockchain, and AgentLayer, the world's first decentralised network tailored for AI agents, have formed a strategic alliance to advance the integration of blockchain with artificial intelligence. Together, they aim to launch a pioneering decentralised AI infrastructure and ecosystem. This alliance plans to bring together stakeholders from across Asia...
Changelly, a global crypto exchange platform, marks its 9th anniversary with a new milestone of over 7 million registered users worldwide. Established in 2015, Changelly has become the leading crypto exchange platform and the trusted exchange API partner for over 500 Web3 companies.
Industry-leading FinTech firm, SquaredFinancial, launches the latest version of its all-in-one mobile application. This next-generation platform aims at empowering investors to trade anytime, wherever they go, and offers them a client-focused seamless and cross-channel experience. The SquaredFinancial mobile app is available on Android and iOS devices, and users can download it for free on Apple Store and Google Play Store.
Cardano Spot is thrilled to announce a partnership with TapTools, Cardano's native assets data aggregator. Cardano Spot, the first Cardano Social network, strives to educate and spread awareness about the ecosystem. This collaboration focuses on bringing the latest crypto news to the community.
Collaborative Digital Innovations (CDI), a Florida-based Regulatory Technology (RegTech) company makes waves revealing they will be using the Vitreus platform, a budding Layer 0 blockchain, to power their flagship product, COMPLiQ. This is an incredible milestone for both parties as this relationship represents opportunities for...
Today, the Nomic DAO Foundation announced its plans to integrate Babylon's pioneering Bitcoin staking protocol into its decentralized, non-custodial Bitcoin bridge. Leveraging Babylon's technology, Nomic is introducing stBTC, a groundbreaking Bitcoin Liquid Staking Token (LST). Additionally, through the integration of Babylon's Bitcoin staking protocol, Nomic will roll out dual-stake security, where Nomic will become secured both...