In the midst of a banking crisis, the price of Bitcoin (BTC) has risen 16% in seven days, exceeding $28,000 per unit.During the weekend, the price reached more than $28,000 per unit, a price that had not been reached since June 2022.The last few weeks have been marked by news about major banks in trouble and governments issuing bailouts to save them, and in the midst of all this, Bitcoin (BTC) price has risen 16% in seven days. Is this your chance to show your potential?For those who may not know, Bitcoin was born as a response to the crisis…
Author: Ferret Weasels
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Microsoft is behind a non-custodial crypto wallet prototype within its Edge browser.According to some filtered screenshots, the crypto wallet will offer the possibility of buying cryptocurrencies through Coinbase and MoonPay. If this application is launched, Edge will join browsers such as Opera and Brave, which already have this service.Microsoft It is one of the most important companies in the world and not only in terms of technology. In the list of largest companies by market capitalization, it appears second, with a total of $2.018 billion dollars, only behind Apple ($2.504 billion), and it is close to launching a novelty that…
Fireblocks published a report revealing the details of a critical vulnerability found in a BitGo cryptocurrency wallet related to the wallet’s private key.Fireblocks named the flaw as ‘BitGo Zero Proof Vulnerability’.Bitgo stated that the report made by Fireblocks is full of false claims intended to damage its reputation. fire blockyes public a report revealing the details of a critical vulnerability found in a BitGo cryptocurrency wallet that could jeopardize the security of the assets of the clients of the wallet.According to Fireblocks, the flaw is related to wallets that use the Threshold Signature Scheme (TSS)a technology that BitGo He launched…
USDT supply has grown 10% year-to-date reaching its 10-month high with a market capitalization of $75 billion.Over the past 30 days, Tether’s currency has grown by approximately $5 billion while its competition has fallen.Tether has a 56.4% dominance in the stablecoin market.The crypto ecosystem is in a moment of high tension. While Bitcoin and the rest of the big cryptocurrencies grow, reaching highs during the last 90 days, another part of the sector laments. The major stablecoins are losing their battle to Tether, which promises to make USDT ever stronger.According to the data shown by the site CryptoSlate, USDT supply…
Ethereum developers have agreed on April 12 for “Shapella”, the Shanghai upgrade that will mark the completion of Ethereum’s full transition from PoW to PoS, to take place.With the arrival of Shapella, withdrawals will be allowed, which will mean that the ETH wagered by the validators since The Merge began can be withdrawn from staking.Six months have passed since Ethereum began its migration from being a Proof of Work (PoW) to a Proof of Stake (PoS) blockchain and it seems that the date for completing this transition has finally been set. During Execution Layer Developer Call 157, Ethereum developers have…
The latest version of the artificial intelligence chatbot, ChatGPT v4, is capable of identifying vulnerabilities in Smart Contracts, or smart contracts.Former Coinbase head Conor Grogan embedded an Ethereum smart contract into GPT-4 and the chatbot identified “security vulnerabilities.”The latest version of the artificial intelligence chatbot, ChatGPT v4, is much more powerful than the previous version, so much so that It is capable of identifying vulnerabilities in Smart Contracts, or smart contracts.GPT-4 is the latest milestone of Open AI that, “while less capable than humans in many real-world scenarios, he exhibits human-level performance in various academic and professional benchmarks”.In fact, it…
US-based crypto firms are attempting to open Swiss bank accounts following the reeling collapse of the nation’s banking sector.These entities have chosen “Crypto Valley” as their destination, a place located in Zug, Switzerland, a popular area because private banking has been open to accepting capital and digital companies.Today, European banks do not have the development that the Americans did.March set off the alarms. After a chaotic 2022 that took two giants of the crypto industry such as the Terra ecosystem and FTX, the crisis reached three banks allied to digital assets: Silvergate Capital, Silicon Valley Bank and Signature Bank. Given…
Cryptocurrencies have presented a price recovery this Monday after the United States announced its intervention in the current banking crisis.Bitcoin (BTC) has increased by 15.24% and Ethereum presented an increase of 9.73%, but the most important recovery has been that of USD Coin (USDC), the Stablecoin most affected by the recent banking crisis.These have been days marked by uncertainty after Silvergate Bank voluntarily closed operations on March 8, Silicon Valley Bank (SVB) went bankrupt on March 10 and Signature Bank was closed by regulators on March 12.All three are US-regulated banks whose crash shocked the cryptocurrency market; which is particularly…
Following the fall of Silicon Valley Bank, the United States government is considering safeguarding Silicon Valley Bank’s uninsured deposits, which amount to 85% of SVB depositors.The Federal Reserve reported funding of $25 billion to support banks that may be in trouble.After the government announcements, the cryptocurrency market had remarkable growth, for example, Bitcoin went from $19,000 to $26,000.Every event that happens both in the financial world and on a day-to-day basis, as happened during the COVID pandemic, has a strong influence, both negatively and positively, on the price of digital assets.When traditional stocks fall, BTC often does, and when they…