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Bitcoin
Bitcoin is the pioneer of blockchains and cryptocurrencies, introduced in a white paper released in 2008 by an apparently pseudonymous person or group of people known as Satoshi Nakamoto. The document described a peer-to-peer method of transferring money without the use of financial institutions. The cryptocurrency known as bitcoin or BTC debuted in 2009. Transactions are recorded on a public ledger (a blockchain) by entities known as miners who engage in process called proof-of-work. Miners are rewarded for doing that by getting newly minted bitcoin. Some proponents view BTC as an alternative to fiat currencies and a hedge against inflation. Bitcoin has inspired the creation of numerous other cryptocurrencies and blockchain projects.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
What Binance's Exit From Nigeria Means for P2P Bitcoin
The exchange was forced to leave Nigeria, and I’m sure it will happen to other crypto companies in other countries, Ray Youssef, CEO of NoOnes, writes.
Protocol Village: Algorand Claims First L1 Using Python as Programming Language
The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 21-26.
BOB, a 'Hybrid' Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M
The fundraising round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management
The Bitcoin Halving Could Accelerate Consumer Adoption of BTC
By spurring adoption of secondary scaling layers like Lightning, the halving could make using bitcoin less expensive and more accessible — or in a word, more like other monies, Azteco's David Bailey writes.
Nayib Bukele Update on El Salvador Bitcoin Holdings Shows Growing Stack
At the current price just above $70,000, the nation now holds about $400 million worth of bitcoin.
First Mover Americas: Bitcoin ETNs to Debut on London Stock Exchange
The latest price moves in crypto markets in context for March 26, 2024.
Bitcoin ETFs Snap Outflows Streak, Accumulate $15.4M
One analyst said quarter-end inflows could be stronger than usual.
Crypto Traders Dismiss Waning ETF Inflows as Bitcoin Holds Steady Over $70K
Grayscale's GBTC product saw large outflows last week and inflows to other ETFs did not increase in tandem, briefly fueling concerns of a spot-driven selloff.
