The Vladimir Club is a term that refers to the elite group of cryptocurrency holders who own at least 1% of 1% of the maximum supply of a Bitcoin. The concept was first introduced in 2012 by a BitcoinTalk forum user named Vladimir, who suggested that owning 0.01% of Bitcoin was a good idea. Since then, the term has been applied to other cryptocurrencies as well, such as Binance Coin (BNB), Ethereum (ETH), and Cardano (ADA).
#Bitcoin and crypto firm Zodia, owned by banking giant Standard Chartered, is launching in Hong Kong
Zodia Custody, a crypto subsidiary of British bank Standard Chartered, is set to roll out its crypto storage services in Hong Kong, following the region’s recent introduction of a new licensing system.
The expansion signifies the UK-based company’s growing presence in the Asia Pacific area.
Tesla maintains $184M worth of #Bitcoin holdings: Q3 report
Tesla’s Q3 2023 financial results, released on 18 October, revealed that as of 30 September, the company still held approximately $184 million worth of digital assets. This holding is a fraction of the $1.5 billion worth of $BTC Tesla initially purchased in March 2021.
Electric vehicle maker Tesla made no changes to its sizeable Bitcoin holdings for the fifth quarter in a row. However, it has directed more funds to double its computing capacity amid artificial intelligence (AI) efforts.
Lido Finance has announced its decision to halt $SOL staking service after DAO vote
Decentralized liquid staking giant Lido Finance, known for its liquid staking solution, will no longer accept new staking requests for Solana tokens. This comes after Lido token holders voted in large numbers to pause the service.
More than 92% of the Lido community voted to end the product rather than keep it going, according to a vote that closed on Oct. 5.
Blockchain developer #ZeroSync co-founder Robin Linus unveiled a whitepaper for BitVM, aiming to enhance Bitcoin smart contract capabilities without requiring a soft fork upgrade to the network's consensus rules.
BitVM aims to enhance Bitcoin smart contract capabilities without fork BitVM proposes a new method for expressing Turing-complete Bitcoin smart contracts without altering the network’s consensus rules. The system leverages fraud proofs and a challenge-response protocol, enabling any computable function to be verified on Bitcoin, according to a whitepaper.
BitVM means Bitcoin can now be as Turing-complete as any other chain, Turing completeness refers to a system that can perform any computation given enough time and resources. $BTC
DeFi Mainstream Adoption: Challenges and Opportunities
DeFi, or decentralized finance, is a term that refers to the use of blockchain technology and smart contracts to create financial services that are open, transparent, and accessible to anyone. DeFi aims to challenge the traditional, centralized financial system by empowering individuals with peer-to-peer digital exchanges, without intermediaries or gatekeepers. DeFi has been growing rapidly in the past few years, especially in 2020 and 2021, when the total value locked (TVL) in DeFi protocols in
Chainlink $LINK has launched its cross-chain interoperability protocol on Layer 2 Base Chainlink $LINK , a provider of real-world data to blockchains, rolled out its CCIP on #Base, an Ethereum L2 network backed by Coinbase and built on OP Stack. The move aims to enable Base developers to build cross-chain applications and services across multiple blockchain networks. Recently, Chainlink launched CCIP on Avalanche, Ethereum, Optimism, and Polygon.
DeFi, or decentralized finance, is a term that refers to the use of blockchain technology and smart contracts to create financial services that are open, transparent, and accessible to anyone. DeFi aims to challenge the traditional, centralized financial system by empowering individuals with peer-to-peer digital exchanges, without intermediaries or gatekeepers.One of the key metrics that is used to measure the growth and popularity of DeFi is TVL, or total value locked. TVL represents the amount
JUST IN: #MicroStrategy Bought additional 5,445 $BTC for $147.3 Million. Company Now Holds 158,245 $BTC acquired for ~$4.68 billion at an average price of $29,582 per bitcoin.
#Bitcoin is down 61% from its ATH and MicroStrategy just keeps buying more!
Mixin Network $XIN, a decentralized crypto network has been hacked with $200M confirmed stolenMixin Network $XIN , a decentralized wallet service, has been exploited for at least $200M worth of assets. The platform temporarily suspended deposit and withdrawal services following attacks by hackers. According to SlowMist, a blockchain security company, said that the Mixin Network cloud service provider database was attacked. After the exploit, the price of $XIN dropped by about 10%. The current $XIN price is $190. Fully diluted market cap is $190M.
Busan, South Korea's second largest city, is building an urban blockchain that is compatible with Ethereum, Cosmos, etc. In the first half of 2024, it will launch an city exchange that can trade tokenized gold, silver, copper and oil, and has established a 100 billion won (75 million USD) blockchain fund.
On the 21st, the city of Busan announced that it will promote the development of the blockchain mainnet as a mid- to long-term task through the 'Busan Digital Asset Exchange Establishment Promotion Plan and Future Schedule' plan.
It also announced plans to implement Busan as a'blockchain city' centered on the Busan Digital Asset Exchange and to create a blockchain innovation fund.
Bitcoin vs. Gold: Which One Is the Best for Investment?
Bitcoin and gold are two of the most popular assets that investors consider as safe havens or hedges against inflation and economic uncertainty. Both have their advantages and disadvantages, but which one is the best for investment in 2023? Here are some factors to compare:
Performance
Bitcoin has outperformed gold in terms of price appreciation in the past decade, especially in 2020 and 2021, when it reached new highs and crossed the $1 trillion market capitalization mark. Bitcoin’s $BTC pri
#Ethereum launches #Holesky testing network, celebrating one year since transitioning from energy-intensive proof-of-work to proof-of-stake!
Ethereum developers launched a new testnet on Sept. 15. Called “Holesky,” the network is expected to be used for staking, infrastructure and protocol development, according to its developer documents. Sepolia will remain the dominant network for application development.
An initial supply of 1.6 billion Holesky testnet Ether (HETH) will be allocated to validators on Holesky’s launch day to bootstrap the network into operation, according to Ethereum developer Tim Beiko. This represents 10 times the amount of Ether $ETH present on mainnet. Beiko stated that developers were comfortable with producing this amount because “devnets [are] regularly using 10B supply.”
Monitor the launch here: https://holesky.beaconcha.in
The Twitter account of Ethereum $ETH co-founder Vitalik Buterin is suspected of being hacked and posting phishing links. The tweet containing the phishing link has been deleted.
This hacked causing his followers to lose $691,000 through malicious links. Previously, the founder of Uniswap and member of the Ethereum Foundation also encountered similar things.
Check out this article on How to Protect Your Crypto Investment from Scams