The memecoin airdrop temporarily reduces the cost of the Solana phone “Chapter 2”
The Cryptonomist
by Alessia Pannone
26m ago
Two cat-themed memecoin airdrops for customers of the Solana “Chapter 2” phone temporarily covered the cost of the device on Thursday.  Currently, the combined value of these airdrops for Chapter 2 is estimated to be around 385 dollars, while the price of the phone pre-orders is 450 dollars, awaiting its expected launch in 2025. Let’s see below all the details.  The value of the airdrop almost covers the price of the pre-order: the cost of the Solana phone reduced thanks to memecoins As anticipated, the cat-themed airdrops for the new Solana phone “Chapter 2” could cover the cost of ..read more
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OpenDelta raises 2.5 million for its stablecoin linked to Bitcoin
The Cryptonomist
by Alessia Pannone
26m ago
OpenDelta, a stablecoin linked to Bitcoin, recently raised $2.5 million in funding. This startup is among the first to develop tokenization technology designed for the Bitcoin era. Let’s see below all the details.  The success of OpenDelta reflects the interest in the Bitcoin stablecoin sector As anticipated, the company focused on Bitcoin-backed stablecoins, OpenDelta, has raised $2.15 million in a pre-seed funding round led by 6th Man Ventures, as confirmed by CEO Konstantin Wünscher:  “Our goal is to use Bitcoin to generate stable value in a fiat currency.” OpenDelta is building ..read more
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ARK Invest sells its remaining shares of ProShares Bitcoin Strategy ETF (BITO)
The Cryptonomist
by Alessia Pannone
4h ago
At the end of last year, ARK purchased over 4 million BITO shares as a short-term investment, anticipating the approval of spot Bitcoin ETFs in the United States and planning to sell them once authorization is obtained.  However, after a series of consistent sales in January, ARK sold its last BITO shares last week. Let’s see all the details below.  ARK divests from BITO shares As anticipated, on Thursday, ARK Invest, led by Cathie Wood, sold its last shares of the ProShares Bitcoin Strategy ETF (BITO).  The company has sold 237,983 BITO shares, obtaining 6.7 million dollars at ..read more
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Wormhole Expands on Multiple Networks, W Price Pumps, This New Meme Coin Goes Multi-chain
The Cryptonomist
by Massimo De Vincenti
4h ago
This article was paid for* The Wormhole (W) token price is up 15% today, making it one of the top gainers among the top 100 cryptocurrencies by market capitalization. In a generally boring market, a 15% gain is certainly noteworthy. We’ll explore the reasons behind this pump.  Simultaneously, Dogeverse, a new multi-chain meme coin, has raised over $11 million in its crypto presale within a few weeks and recently added support for purchases on Base, Avalanche, Solana, Polygon, and BNB Chain, alongside Ethereum. What’s Behind the Wormhole (W) Price Pump? Last night, the official Wormhole t ..read more
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The mining of Bitcoin consumes less energy than banks
The Cryptonomist
by Marco Cavicchioli
4h ago
A recent study has calculated that global Bitcoin mining is consuming less energy than banks consume.  The research was conducted by Payless Power, a retail energy provider serving the state of Texas, and analyzed the energy consumption of both Bitcoin mining and the traditional banking system.  According to Payless Power’s calculations, the Bitcoin network consumes about 167 TWh of energy per year, while the global banking system consumes more than 258 TWh. In other words, according to this research Bitcoin would consume 35% less than traditional banks.  Bitcoin vs. banks: min ..read more
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Bitcoin (BTC): the new global ETP on Deutsche Börse XETRA
The Cryptonomist
by Marco Cavicchioli
6h ago
Yesterday, the ETC group announced the launch of BTC1, a global ETP on Bitcoin (BTC) listed on Deutsche Börse XETRA. This is a new ETP on Bitcoin designed for long-term investors focused on the benchmark. The new ETP on Bitcoin (BTC) listed on Deutsche Börse The ETC Group Core Bitcoin ETP (ticker BTC1; ISIN DE000A4AER62) is an Exchange-Traded Product specifically designed for long-term buy-and-hold investors, and for global institutional investors with extensive liquidity and risk management needs. The ETC group has already launched several similar tools in the past, managing now an AUM of ov ..read more
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Movement Labs led by Polychain Labs secures $38 million in Series A funding to bring Facebook’s Move to Ethereum
The Cryptonomist
by Andrea Porcelli
6h ago
Movement Labs, a pioneering team based in San Francisco, has announced a significant Series A funding of $38 million, led by Polychain Capital, for their ambitious goal of integrating Facebook’s Move Virtual Machine onto the Ethereum blockchain.  A move that aims to revolutionize the application of smart contracts by mitigating vulnerabilities and increasing transaction capacity. A solid investment context led by Polychain with the goal of bringing Facebook’s Move to Ethereum The investment round saw the contribution of a number of notable venture capital entities, including Hack VC, Pla ..read more
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Tezos blockchain: the partnership with Magic tackles one of the most pressing challenges of Web3
The Cryptonomist
by Stefania Stimolo
6h ago
Tezos Foundation has formed a new partnership with Wallet-as-a-Service provider Magic, to address one of the most pressing challenges of Web3. Thanks to the integration of the Tezos blockchain, Magic’s dApps will be able to offer users a frictionless onboarding experience.  Tezos blockchain and Magic to overcome the challenge of Web3: user onboarding and authentication Tezos Foundation has formed a new partnership with Wallet-as-a-Service provider Magic. The goal is to address one of the most pressing challenges in the Web3 space: user onboarding and authentication "For the past 12 mont ..read more
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The app will allow you to buy Bitcoin for free with SEPA transfer
The Cryptonomist
by Alessandro Adami
6h ago
Strike, a digital payment company owned by Jack Mallers, is launching its own app in Europe, opening the doors to free and instant Bitcoin purchases via SEPA transfer. According to Bitcoin Magazine, European users can now buy and sell Bitcoin directly from their bank accounts, relying on one of the most reliable and well-known payment apps worldwide, The purchased BTC can then be sent (as well as sold for FIAT) to any Bitcoin or lightning cryptographic wallet without any kind of limit. The Strike payment app lands in Europe: free and instant Bitcoin purchases with SEPA transfer Today is a gre ..read more
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The essential tools for beginners in the crypto field: Blockchain.com and others still
The Cryptonomist
by Alessia Pannone
6h ago
For those who are new to the crypto world, knowing the right platforms and tools, such as CoinMarketCap and Blockchain.com, is essential.  In particular, we see that CoinMarketCap helps users in researching the main cryptocurrencies, while Blockchain.com is useful for exploring blockchains. However, there are also other valid platforms.  Let’s see in this article everything there is to know about it.  A quick guide to crypto platforms and tools: Blockchain.com Blockchain.com, founded in 2011, has emerged as the leading crypto finance company, serving individuals, projects, prot ..read more
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