Paramjit Singh

Broxus CEO Vlad Ponomarev on Everscale and Developing a Universal Bridge Mechanism – Interview Bitcoin News

Everscale is the most scalable network in DeFi. With the capacity to process over a million transactions per second, Everscale is able to offer users some of the fastest transaction speeds paired with fractional fees. The Everscale ecosystem includes a cross-chain bridge platform with a unique Universal Bridge mechanism that facilitates liquidity transfers to and from virtually any network, a…

Rumors Claim Large Bitcoin Wallet Is a Whale’s Stash or Microstrategy’s Wallet Despite Conflicting Data – Featured Bitcoin News

Five months ago, Bitcoin.com News published a story concerning the speculation surrounding the third-largest bitcoin wallet, as many observers believe the address is a mega whale. The report noted at the time that the address “1P5ZED” shows all the tell-tale signs that it’s an exchange platform, but to this very day speculators still assume and still publish odd conjecture on why they think…

Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD – Bitcoin News

On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody service for the $10 [billion] worth of highly liquid assets raised from blockchain industry initiators and use them as an early-stage reserve.” Tron to Launch a Native Stablecoin Called USDD Justin Sun from the…

US Treasury Takes Aim at Russia’s Crypto Mining Industry With New Sanctions

The United States Treasury now has its crosshairs on Russian crypto miners for the first time as Russia’s invasion of Ukraine enters its third month. The US Treasury Department’s Office of Foreign Asset Control (OFAC) released a press release on April 20 announcing new sanctions against Russia-based cryptocurrency miner BitRiver as well as 10 subsidiaries to its Specially Designated Nationals…

MetaGods NFT Land Sale’s Resounding Success Attracts Traditional Investors – Press release Bitcoin News

press release PRESS RELEASE. MetaGods is showing tremendous strength after their highly successful, sold-out NFT land sale attracted large new investors from traditional finance. MetaGods recently concluded an NFT land sale that received overwhelming investor support from traditional finance as the new gaming company onboarded some big players and family offices from mainstream markets into…

US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential – Mining Bitcoin News

In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid concerns that Moscow may use the minting of digital coins to monetize its energy resources. Zug-Based Bitriver and Its Russian Subsidiaries Blacklisted by United States The U.S. Treasury Department has…

Netgear Nighthawk RAX10 (AX1800) Wi-Fi 6 Router With 1.8Gbps Connectivity Launched in India

Netgear Nighthawk RAX 10 (AX1800) dual-band Wi-Fi 6 router was launched in India on Thursday. The router offers four simultaneous Wi-Fi 6 streams for 8K UHD video streaming or low latency gaming on four compatible devices. It features backwards compatibility, according to the company. The Netgear Nighthawk RAX 10 (AX1800) router is equipped with a 1.5GHz quad-core processor and sports three…

Belarus Adopts Legal Procedure for Seizure of Illicit Cryptocurrency – Regulation Bitcoin News

Implementing a recently signed presidential decree, the government of Belarus has introduced a procedure allowing the state to seize digital currency holdings. The move will grant law enforcement authorities in Minsk powers to seize crypto assets linked to illegal activities. Justice Ministry Regulates Confiscation of Digital Coins in Belarus The Ministry of Justice of Belarus has established a…

Bitcoin, Ether Continue to Hold Their Ground in a Day of Mixed Market Mood

Indecisiveness ruled the crypto market mid-week as Bitcoin flipped between gains and losses on the day to eventually remain in the green as optimism around more BTC exchange-traded funds (ETF) being approved helped its cause. In terms of value, Bitcoin continues to hold firm ground at around the $41,600 (roughly Rs. 32 lakh) mark across exchanges like CoinMarketCap, Coinbase and Binance. At the…

Apple MagSafe Battery Pack Gets New Firmware Update for Charging iPhones Faster: How to Download

Apple has released a new update for the MagSafe Battery Pack, which brings an improvement to its charging performance. You will now be able to charge your iPhone handsets wirelessly with this battery pack at a speed of 7.5W compared to 5W prior to the update. The MagSafe Battery Pack is compatible with the iPhone 12 and iPhone 13 models. According to the company, depending on the iPhone variant,…

Catering to the need for Metaverse Development with its Experience and Expertise – Press release Bitcoin News

press release PRESS RELEASE. Mohali, India, April 21, 2022: Amidst the rapidly growing popularity of metaverse, and global giants like Facebook, Microsoft, Gucci, Louis Vuitton, and more tapping into the metaverse world, Antier Solutions is helping businesses to ride the wave with its diligently-crafted metaverse development services. The metaverse gained exposure and momentum in October when…

‘Everyone Has a Right to Access Funds and Financial Freedom’ – Interview Bitcoin News

Cryptocurrencies have been proven to be a financial tool that can be used to store value or make payments by those excluded from the financial system. Yet, despite this being true in many jurisdictions, many of those that might benefit from cryptocurrencies are still not using them. Regulatory Uncertainty and Ignorance There may be several different reasons why this is the case, but as many in…

Game Studio Blizzard Is Polling Players About Crypto and NFTs – Games Bitcoin News

Blizzard, a game studio and part of the Activision-Blizzard company, has started polling some gamers about the use of NFTs and cryptocurrency elements. The survey, which was only directed to some of its players, raised rumors about the possibility of the company introducing some of these elements into its games. However, Mike Ybarra, head of the studio, denied this possibility. Blizzard Makes…

Apple Supplier Unimicron Partially Resumes Production in China

Taiwan’s Unimicron Technology said on Thursday that one of its two plants in eastern China’s Kunshan would remain closed to comply with COVID-19 curbs but the other would resume production. Unimicron, a chip substrate and printed circuit board maker that supplies Apple and Intel, said in a statement one plant had resumed some production under a “closed loop management” system that keeps workers…

$19.2 Billion in Staked Assets — Liquid Staking Solution Lido Set to Surpass Curve’s TVL – Defi Bitcoin News

While the total value locked (TVL) in decentralized finance (defi) hovers just above the $214 billion mark, a defi protocol called Lido has been moving closer toward taking Curve’s top spot in terms of TVL in a defi protocol. Currently, the liquid staking solution Lido has $19.2 billion in staking assets derived from five different blockchain networks including Ethereum, Solana, Terra, Polygon,…

Elon Musk Proposes DOGE as Payment Mode for Twitter Blue Services

Elon Musk has pitched his favourite cryptocurrency, the Dogecoin, as a payment option for users seeking to avail Twitter Blue services. Musk was replying to a Twitter user from Argentina, who said Twitter Blue’s current subscription of $3 (roughly Rs. 230) is as high as the cost of feeding a family in Argentina. The development comes just days after the Tesla CEO purchased a 9.2 percent stake in…

Square Enix Insists on Integrating Blockchain Elements Into Its Games – News Bitcoin News

Square Enix, the Japanese gaming company, is pressing on with its vision of integrating blockchain elements into its games. In a recent interview, president Yosuke Matsuda talked about the importance of user-generated content and the advantages that allowing this kind of development, as well as introducing blockchain-based self-sustained economies, might bring to the future of the gaming…