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While still not convinced by Bitcoin, billionaire investor Ray Dalio believes a cryptocurrency with anti-inflation properties could have greater potential. Ray Dalio, the billionaire founder of Bridgewater Associates, has maintained his critical stance on the world’s largest cryptocurrency, Bitcoin. In a recent interview with CNBC, Dalio commented: “[Bitcoin] is
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Bitcoin has reached its highest value since August 2022 following the Federal Reserve's announcement of a 0.25% interest rate hike. Fed Slows Rate Hikes As reported by Coin68, on the early morning of February 2, the Federal Reserve (Fed) announced its latest interest rate adjustment, increasing the
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Cross-chain bridge protocol Stargate Finance has announced plans to reissue all STG tokens in response to the FTX hack and its ties with Alameda Research, leading to a significant surge in STG’s price. According to a proposal posted early on February 2, Stargate Finance (STG) will reissue all STG
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In February 2023, 17 projects, including 1inch, Tornado Cash, Moonbeam, ApeCoin, and Aptos, will unlock a portion of their tokens. The total value of tokens set to be unlocked this February amounts to $588.4 million, according to Token Unlocks. Among these, 1inch, Moonbeam, Aptos, ApeCoin, and Tornado Cash are
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The Ethereum Layer-2 protocol, Optimism, is in the final stages of preparing to launch its significant upgrade, Bedrock. On the morning of February 2, the layer-2 project Optimism (OP) announced that it has submitted the Bedrock upgrade proposal to the Token House governance board for review, as part of its
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Charlie Munger, Vice Chairman of Berkshire Hathaway and a long-time critic of Bitcoin, has recently called for the United States to follow China's lead and impose a complete ban on cryptocurrencies. In a recent op-ed for the Wall Street Journal, investing mogul Charlie Munger argued that the rise
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The Bitcoin network has just recorded a massive 4 MB transaction block—four times the usual limit—due to the recent NFT craze. As previously reported by Coin68, the Bitcoin community has been debating the network's primary use case—whether it should remain a payment system or expand
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Axie Infinity players can now borrow up to 30% of their digital assets' value and earn rewards through staking. According to an announcement made on February 2, Ronin Network has partnered with lending company MetaLend to facilitate in-game asset loans for its users. 1/ @MetaLend_DeFi has deployed on
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To test the upcoming Shanghai hard fork scheduled for March, Ethereum developers are launching a testnet that will simulate ETH staking withdrawals. Update on February 7, 2023: Around 10:00 PM on February 7, Ethereum developers announced the successful testing of the Shanghai hard fork on the Zhejiang testnet, including
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dYdX, one of the leading derivatives exchanges, had a notably successful year in 2022. But what were the driving factors? According to the annual report released by the dYdX Foundation on January 31, the platform saw a cumulative trading volume of $466.3 billion and fee revenue of $137.8
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Electric vehicle giant Tesla, led by billionaire Elon Musk, has faced a significant setback from its Bitcoin investment over the past year. According to a filing with the U.S. Securities and Exchange Commission (SEC) on January 31, Tesla reported a total loss of $204 million for 2022 from its
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BNB Chain, the blockchain supported by Binance, has officially launched its latest product, the BNB Greenfield data storage blockchain. According to the BNB Greenfield white paper, this decentralized data storage solution is based on BNB Chain's blockchain technology, enabling users and dApps to create, store, and transact data