US government tops global Bitcoin holdings with $15b in assets

Among all countries globally, the U.S. government holds the most significant amount of Bitcoins, valued at around $14.7 billion. Based on Arkham’s information, the U.S. government owns approximately 212,847 Bitcoin in its treasury wallets. This puts them second only to MicroStrategy, which holds 214,246 Bitcoin, currently worth around $14.8 billion. Our team developed a user-friendly … Read more

What is Bitcoin Pizza Day? Celebrating a milestone in cryptocurrency history

Discover the importance of Bitcoin Pizza Day, which represents the initial use of Bitcoin for purchasing tangible items in a transaction that is historically recorded, and its influence on the cryptocurrency market. Annual commemoration among crypto enthusiasts: Bitcoin Pizza Day! Marking a pivotal moment in crypto history, but when does this observance fall, and why … Read more

Solana passed scalability test despite outages, analyst says

Amidst another blackout for Solana, crypto.news explores the repercussions with industry insiders and ponders over potential implications for the platform’s future. Starting from its beginning, Solana network has become a major contender in the blockchain industry, known for its quick transactions and affordable fees. Yet, this impressive growth has been accompanied by several outages that … Read more

Aave fork on Blast mistakenly liquidated $26m

On the Blast network, a branch of the Aave protocol called a fork, mistakenly triggered liquidations of user positions valued at approximately $26 million due to an incorrect adjustment in a threshold setting. On April 11, Pac Finance, which is built on top of decentralized finance platform Aave but runs on Coinbase’s layer-2 chain Blast, … Read more

Hong Kong to reportedly approve first Bitcoin, Ethereum ETFs

Hong Kong regulators are poised to authorize the launch of Bitcoin and Ethereum ETFs. Based on Bloomberg’s reports, the approval for Bitcoin and Ethereum ETFs in Hong Kong could be made public as soon as April 15. If approved, Hong Kong would be the first Asian nation to offer functioning cryptocurrency ETFs for Bitcoin and … Read more