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The DePIN project named Spacecoin has successfully launched its first satellite into Earth's orbit for its space blockchain network. Before the full mainnet launch, the company plans to deploy a "constellation" of seven to ten satellites in 2025.
The first device was sent into space on December 21 along with the SpaceX Falcon Heavy rocket. The blockchain node consists of two compact devices, roughly the size of a laptop hard drive, and a data transmission module.
"This can be seen as a reliable hardware platform, protected from leaks. No one can interfere with the satellite's software, not even us," project representatives clarified.
Spacecoin is positioned as an extraterrestrial backup layer for blockchains and a marketplace for "celestial services." In the initial stages, the key task is to create a space data center that will provide a level of security unattainable on Earth.
The first device was sent into space on December 21 along with the SpaceX Falcon Heavy rocket. The blockchain node consists of two compact devices, roughly the size of a laptop hard drive, and a data transmission module.
"This can be seen as a reliable hardware platform, protected from leaks. No one can interfere with the satellite's software, not even us," project representatives clarified.
Spacecoin is positioned as an extraterrestrial backup layer for blockchains and a marketplace for "celestial services." In the initial stages, the key task is to create a space data center that will provide a level of security unattainable on Earth.
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$BTC Volatility is increasing above the $100k mark, but it is still far from what we saw in the last cycle or at the beginning of this cycle.
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The United Arab Emirates' potential holdings of 411,978 bitcoins would make them
· Top 3 of the TOP 10 KNOWN ENTITIES on BITCOIN CAPTABLE
· Largest government holders
· Top 3 of the TOP 10 KNOWN ENTITIES on BITCOIN CAPTABLE
· Largest government holders
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The United Arab Emirates (UAE) has made a significant step in the field of cryptocurrencies, reaching an impressive amount of 40 billion dollars in #биткоинах
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Sailor bought again, we'll find out how much tomorrow
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Peter Schiff proposed to replace Bitcoin with USAcoin
Peter Schiff, known as the 'gold bug' and president of Euro Pacific Capital, proposed the creation of the crypto asset USAcoin instead of Bitcoin as a strategic reserve in the US. USAcoin will have the same limited supply of 21 million coins and an 'advanced blockchain truly suitable for making payments'.
'In this way, all of us will have the opportunity to get rich,' he noted, being a staunch critic of digital gold.
Schiff also used Grok to create an image with Elon Musk and Donald Trump against the backdrop of Bitcoin, emphasizing that achieving a similar result in ChatGPT was unsuccessful due to 'content limitations'.
'Here's what this token might look like. HODL to the Moon, America!' added Peter Schiff.
Peter Schiff, known as the 'gold bug' and president of Euro Pacific Capital, proposed the creation of the crypto asset USAcoin instead of Bitcoin as a strategic reserve in the US. USAcoin will have the same limited supply of 21 million coins and an 'advanced blockchain truly suitable for making payments'.
'In this way, all of us will have the opportunity to get rich,' he noted, being a staunch critic of digital gold.
Schiff also used Grok to create an image with Elon Musk and Donald Trump against the backdrop of Bitcoin, emphasizing that achieving a similar result in ChatGPT was unsuccessful due to 'content limitations'.
'Here's what this token might look like. HODL to the Moon, America!' added Peter Schiff.
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The company Tai Mo Shan, a subsidiary of Jump Crypto, agreed to pay 123 million dollars to the U.S. Securities and Exchange Commission for misleading investors about the stability of the algorithmic stablecoin TerraUSD (UST) prior to its collapse.
According to case materials, the firm signed an agreement with TerraformLabs to purchase tokens #LUNA . Additionally, Tai Mo Shan acquired UST for approximately 20 million dollars with the aim of maintaining its peg.
According to case materials, the firm signed an agreement with TerraformLabs to purchase tokens #LUNA . Additionally, Tai Mo Shan acquired UST for approximately 20 million dollars with the aim of maintaining its peg.
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In 2024, North Korean hackers stole $1.3 billion in cryptocurrencies
In 2024, the volume of cryptocurrency thefts rose to $2.2 billion, which is 21% more than last year, according to the report by Chainalysis analysts.
Since the beginning of the year, the crypto industry has experienced 303 hacker attacks compared to 282 in 2023. These hacks led to significant losses, with the majority of funds, nearly $1.58 billion, being stolen from January to July. This period accounted for 72% of the total industry losses in 2024, which is 84% more than in the same period in 2023.
Since the beginning of the year, the crypto industry has experienced 303 hacker attacks compared to 282 in 2023. These hacks led to significant losses, with the majority of funds, nearly $1.58 billion, being stolen from January to July. This period accounted for 72% of the total industry losses in 2024, which is 84% more than in the same period in 2023.
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This week, NFT sales grew by 33% to $302 million
This week, the total sales volume of non-fungible tokens reached $302.2 million. This is 32.93% higher compared to $224 million recorded last week.
According to data from CryptoSlam, over the past seven days, the number of NFT buyers nearly doubled, increasing by 92.39% to 349,972. The number of sellers grew by 77.18% to 207,672. There were 1.65 million NFT transactions conducted over the week, which is 7.28% more than the previous week.
According to data from CryptoSlam, over the past seven days, the number of NFT buyers nearly doubled, increasing by 92.39% to 349,972. The number of sellers grew by 77.18% to 207,672. There were 1.65 million NFT transactions conducted over the week, which is 7.28% more than the previous week.
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The best blockchains with upcoming TGE, supported by major companies
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The offer of short-term holders (STH) reached 5,439,700,768,546,809,70TC — the highest level in 40 months!
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Analyst: #Биткоин : $120,000 in 2 months?
This is my best estimate of the price of Bitcoin based on the flows of US ETF funds. This is a conservative model, where the price exceeds the estimated value in 80% of cases. For Bitcoin to reach $120,000, fund flows would need to increase by 27% to $46 billion (an additional $10 billion). But at the current growth rate, this is achievable in 60 days.
This is my best estimate of the price of Bitcoin based on the flows of US ETF funds. This is a conservative model, where the price exceeds the estimated value in 80% of cases. For Bitcoin to reach $120,000, fund flows would need to increase by 27% to $46 billion (an additional $10 billion). But at the current growth rate, this is achievable in 60 days.
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Main upcoming events in December!
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The most significant support threshold for#Bitcoin$BTC is between $99,000 and $97,000 based on the price distribution
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The Left Populist Party of MK in South Africa also advocates for a strategic reserve #биткоинов