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ZK Rollups: A Foundational Technology, Not Just a Fleeting Trend, According to Quicknode VP

According to Josh Neuroth, the Vice President of Product at Quicknode, Layer-2 (L2) scaling solutions known as zero-knowledge (ZK) rollups can potentially solve the most pressing issues in blockchain technology. Hence, the buzz around them is…

US Senator Hails Bitcoin’s Potential to Democratize Finance and Improve Financial Inclusion

Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference. He criticized the Biden administration’s approach to digital assets and endorsed efforts to…

Trump at Bitcoin 2024: Vows to Make US the Bitcoin Superpower, Plans to Fire SEC Chair Gensler

On Saturday, July 27, 2024, the 45th president of the United States spoke to a massive crowd at the Bitcoin 2024 conference in Nashville. The event began with David Bailey, CEO of Bitcoin Magazine, presenting Trump with a 2013 Casascius physical…

Edward Snowden Highlights Political Pitfalls and Privacy Issues in BTC at Bitcoin 2024 Event

The renowned whistleblower Edward Snowden, former CIA and NSA contractor, delivered a powerful speech emphasizing the pitfalls of political allegiance and the privacy concerns surrounding Bitcoin. He urged individuals to participate in voting but…

Bitcoin Policy Group Urges UK to Retain Bitcoin Holdings

The Bitcoin Policy Group has issued a warning to the United Kingdom, advising against the sale of its 61,000 bitcoins. The group argues that maintaining these holdings is crucial for the nation’s economic strategy and future financial…

RFK Jr. Pledges to Ensure US Government Holds 4 Million Bitcoins as Strategic Reserve if Elected President

U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised significant bitcoin-related changes if elected. On day one of his presidency, he plans to transfer 200,000 bitcoins to the U.S. Treasury and mandate the government to purchase…

US Ether ETFs See Negative Flows as Grayscale Offloads $356.26M

U.S. spot ethereum exchange-traded funds (ETFs) experienced negative inflows once again, driven by Grayscale’s Ethereum Trust (ETHE) offloading a substantial $356.26 million on Friday. To date, ETHE has recorded more than $1.5 billion in…

Wazirx Rolls Out Socialized Loss Strategy Across All Users Post $230M Cyberattack

Indian cryptocurrency exchange Wazirx is implementing a socialized loss strategy to distribute the impact of the recent $230 million cyberattack among all its users. The exchange stated that 55% of users’ crypto assets will be accessible…

Weekly NFT Sales Rise to $108.59 Million, Up 7.59%

Over the past week, non-fungible token (NFT) sales experienced a 7.59% rise, with $108.59 million in transactions finalized during the last seven days. Ethereum topped NFT sales for the week, generating $32.59 million, a 5.95% increase. NFT Market…

Several AI Chatbots Predict Trump Victory in 2024 Election, Two Decline to Answer

Over recent weeks, Bitcoin.com News has been covering prediction markets linked to the U.S. election. Our newsdesk also tested various artificial intelligence (AI) chatbots to forecast the prices of bitcoin, gold, and ethereum by the end of 2024…

Senator Warren Calls for Tougher Regulations to Combat National Security Risks From Foreign Crypto Mines

Senator Elizabeth Warren has called for stricter regulations to address the risks of foreign-owned cryptocurrency mining facilities in the U.S. She highlighted the environmental and national security threats, especially from Chinese-owned…

Study: AI Success in Africa Depends on Availability of Local Language Data and AI Talent

According to the latest Global System for Mobile Communications (GSMA) study report, the success of artificial intelligence (AI) in Africa hinges largely on the availability of local language data and addressing the AI skills gap. The report urges…

Bitcoin Investors Won’t Sell BTC Even if Price Drops to $3K, Peter Schiff’s Poll Shows

Gold advocate Peter Schiff has conducted two polls regarding bitcoin’s value and investors’ actions if the crypto’s price falls significantly. Despite his consistent criticism of bitcoin, the majority of respondents expressed…

Michael Saylor: US Government Should Own Majority of Bitcoin in the World

Michael Saylor, executive chairman of Microstrategy, believes the U.S. government should hold the majority of the world’s bitcoin, arguing this would strengthen the U.S. dollar. Drawing parallels to historic acquisitions, he views bitcoin as…