Last October Robin Linus from Zerosync dropped a bit of a bomb in the form of BitVM. One of the longest running criticisms of Bitcoin is that it is not possible to make arbitrary programs to control how money is spent or locked. Bitcoin only has a very limited amount of programmability in its scripting language, and the primitives available are extremely constrained. You can check a signature, you can add a timelock to something, you can manipulate data in a few simple ways, but that’s it.

You can program a Bitcoin UTXO to require a signature check, a timelock verification, etc. But you cannot program it to unlock based on any arbitrary conditions. Robin’s insight with BitVM was that…

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Singapore is set to revolutionize its approach to digital finance by expanding the Payment Services Act to include token custody and a broader spectrum of financial transactions. This development, effective from April 4, 2024, as announced by the Monetary Authority of Singapore (MAS), is geared towards establishing Singapore as a leading hub for digital assets. The amendments aim to bolster investor protection and maintain financial stability by introducing rigorous requirements for digital payment token (DPT) service providers.

With an eye on competing with global financial centers like Hong Kong and Dubai, Singapore’s updated regulations mandate closer oversight of firms involved in the exchange and transfer of digital tokens. Entities affected by the new regulations must promptly comply by notifying MAS within 30 days and submitting a licensing application within six months. The move underscores Singapore’s commitment to fostering innovation in the digital asset space while ensuring stringent safeguards against money laundering and terrorism financing, marking a significant step in its regulatory evolution.

Bloomberg

Arkon Energy US Holdco LLC, a leading player in Bitcoin mining infrastructure, has placed a significant order with Bitmain Development Pte. Ltd. for 27,700 new-generation Bitcoin mining machines, according to a press release sent to Bitcoin Magazine. This purchase includes 14,200 T21 machines and 13,500 S21 machines, with deliveries slated to commence in June 2024.

“We are very excited to announce the purchase order of 6 EH/s worth of new generation Antminer S21s and T21s from Bitmain,” said Founder and Chairman, Josh Payne. “This transaction marks a turning point for Arkon, as we become a vertically integrated operator of both Hosting and Self Mining infrastructure across our…

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As the bitcoin bull run continues forward, investors brace themselves for the transition into the second and final phase, marked by euphoria and frenzied price movements. James Check, lead on-chain analyst at Glassnode, sheds light on this impending shift, offering insights into what lies ahead for the digital asset market.

Bitcoin Bull Run: Second Phase of the Market

According to Check, the current phase, characterized by enthusiastic bullish sentiment, commenced in October 2023 and reached its peak when bitcoin soared to an all-time high earlier in March. However, Check predicts that the next phase will be defined by heightened excitement among investors, leading to increased volatility…

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Presented by Meanwhile, the first and only life insurance company denominated in Bitcoin

Inheritance planning is one of the most prudent actions a Bitcoiner can take. Unfortunately, it’s not as popular within the community as one would think, but this reluctance is understandable. 

Nobody enjoys contemplating their own mortality. Yet, once Bitcoin becomes a part of your life, forward-thinking tendencies often kick in. People start adopting healthier habits and focusing on long-term financial strategies. 

The Risks of Not Planning Your Bitcoin Inheritance

However, despite this forward-looking mindset, many Bitcoiners overlook inheritance planning, a critical oversight.

Without proper…

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Anthony Pompliano, the founder of Pomp Investments, shared his perspective on bitcoin’s current state and future potential during a CNBC “Squawk Box” interview. Pompliano highlighted bitcoin’s unique position as both a risk-on asset and a hedge against inflation.

He underscored a significant milestone for bitcoin, achieving the highest weekly, monthly, and quarterly close before the halving event.

Anthony Pompliano Sees 300% Surge in BTC’s Price

Pompliano pointed out that historically, such milestones have preceded substantial appreciation in bitcoin’s value, citing instances where bitcoin appreciated at least 300% during bull markets following similar occurrences.

Addressing…

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Crypto.com, a global leader in cryptocurrency services, is set to make waves in South Korea by launching its Crypto.com App, enabling Korean retail users to trade selected cryptocurrencies. With an impressive customer base of over 80 million worldwide, the platform boasts unparalleled security and privacy standards. This move will offer Korean users access to over 150 cryptocurrencies, alongside exclusive NFT projects and educational resources through Crypto.com University. Eric Anziani, the COO, expressed enthusiasm about entering the Korean market, highlighting the significance of South Korea’s forward-thinking regulatory framework for crypto.

As the launch date approaches on April 29th, Crypto.com is winding down services for the OK-BIT platform users, ensuring a smooth transition in compliance with local regulations. Patrick Yoon, General Manager for Crypto.com in South Korea, emphasized the tailored approach taken to meet the highly engaged South Korean crypto community’s needs. This strategic expansion not only marks Crypto.com as the first major global cryptocurrency exchange to enter the Korean market but also reinforces its commitment to ethical practices and regulatory compliance, promising a new era of secure and comprehensive Web3 services for Korean enthusiasts.

Source

$1M – $10M MarketCap:

1. ivendPay (IVPAY): 63%
2. BRCStarter (BRCST): 47%
3. Root Protocol (ISME): 35%
4. Patex (PATEX): 19%
5. UpOnly (UPO): 17%

$10M – $100M MarketCap:

1. Bullieverse (BULL): 40%
2. Credefi (CREDI): 32%
3. r/FortNiteBR Bricks (BRICK): 32%
4. Elastos (ELA): 27%
5. Epik Prime (EPIK): 25%

$100M – $1B MarketCap:

1. Aavegotchi (GHST): 40%
2. BinaryX (BNX): 24%
3. Verge (XVG): 20%
4. BitMart Token (BMX): 18%
5. BOOK OF MEME (BOME): 7.9%

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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