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2024-04-12 09:59:47 Bitcoin Ecosystem Thrives: 43 Projects Secure $127M Funding in 2024

The crypto world is buzzing with excitement as Bitcoin takes center stage once again. According to Coin98 Analytics, a whopping 43 projects within the Bitcoin ecosystem have recently scored big with $127.19 million in funding, as reported by crypto-fundraising.

From layer two (L2) solutions like Bitflow and Merlin Chain, to innovative wallets such as Unisat and Oyl, the infographic showcases a diverse range of startups. Not to mention the rise of decentralized finance (defi), gaming, bridges, APIs, launchpads, and NFT marketplaces – it's a vibrant landscape!

These projects have caught the attention of some heavy hitters in the investment world. With backers like Castle Island Ventures, Ribbit Capital, and Arrington Capital, it's clear that big players are betting on Bitcoin's continued success.

And the funding stories keep pouring in! Just look at Alpen Labs' impressive $10.6 million round or Ordinalsbot's seed funding of $3 million. It's an exciting time for Bitcoin enthusiasts as these ventures gear up for their next big moves.

While some projects have already launched tokens, others are still keeping us on our toes with their promising plans. So keep an eye out for these 43 Bitcoin-focused initiatives – they're shaping the future of crypto! Open / Comment

2024-04-11 22:42:29 It’s happening NOW! Scorpion Casino's pre-sale on Pinksale has officially launched and is taking the crypto world by storm! Will they set a new record? With a soft cap of 3500 BNB and a hard cap of 14,000 BNB, the stakes couldn’t be higher and the race is on until April 14th at midnight UTC!

Why the buzz? Check this out:

Anticipate their listing on acclaimed exchanges like Bitmart, Lbank, & XT, among others gearing up to join the list.
They're fortified with audits by Solid Proof, InterFi, and Cyberscope, ticking all boxes for security and transparency.
With a KYC verification by Assure, they’re a beacon of trust in the iGaming space.
Already boasting over $10M raised from a passionate community of 20K+ holders!
Their licensed casino has been making waves since 2022, with a live gaming experience that’s pure adrenaline.
Commanding partnerships and a shining SIGMA presence underscore their industry dominance.

This is more than a pre-sale; it's a showstopper! As Scorpion Casino dashes towards their 14,000 BNB hard cap, the energy is electric.

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#ScorpionCasino #Pinksale #Crypto #Gaming Open / Comment

2024-04-11 20:00:22 The moment is here! Scorpion Casino's pre-sale on Pinksale is LIVE NOW! They’re in the running to potentially break the Pinksale record, with the action unfolding until April 14th at midnight UTC.

What’s the rave about?

: Live listings in the pipeline on elite exchanges such as Bitmart, Lbank, & XT, with others set to join.
An impressive raise of over $10M from a strong 20K+ holder base.
Proven track-record with their licensed casino platform that’s been all the rage since 2022.
Solid partnerships and a standout presence at SIGMA, cementing their status in the iGaming realm.

As Scorpion Casino strives for an awe-inspiring 14,000 BNB goal on Pinksale, the excitement is palpable.
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2024-04-11 17:32:16 Scorpion Casino's pre-sale on Pinksale is LIVE NOW! They’re in the running to potentially break the Pinksale record, with the action unfolding until April 14th at midnight UTC.

What’s the rave about?

: Live listings in the pipeline on elite exchanges such as Bitmart, Lbank, & XT, with others set to join.
An impressive raise of over $10M from a strong 20K+ holder base.
Proven track-record with their licensed casino platform that’s been all the rage since 2022.
Solid partnerships and a standout presence at SIGMA, cementing their status in the iGaming realm.

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2024-04-11 11:00:48 Waterfall is the most decentralized BlockDAG protocol currently available

Key Features:

This decentralized platform has the potential to attract much more validators than other protocols.
Minimal hardware requirements: Dual-Core CPU, 4GB RAM (your cellphone has 2-4 times more than that).
High performance and scalability, thanks to parallelism in BlockDAG compared or even higher potentially that the most scalable currently popular protocols
Compatible with EVM and Ethereum API.

The team includes senior people who were successfully building the ecosystem for Ethereum and those who were successfully competing against it:

Ron Resnick is the CEO of the company-developer of Waterfall, is also a former Executive Director of Enterprise Ethereum Alliance and a former Investment Director of Intel Capital.

Jeff McDonald is the Director at the Board of Directors for Swiss Association, is also a Former Co-Founder of Nem, which used to be in Top-5 and for a short time in Top-3 right after Ethereum.

The Chairman of Board of Swiss Association is Richard Wang, who is also General Partner at Draper Dragon Fund.

R&D team has been rigorously testing technology since 2021.

More than 350 Workers(block producers) on the TestNet are owned by the developers and future users of Waterfall.

On the first day after the new TestNet announcement, 115 Workers connected and more than 450 000 transactions were processed.

On January the 2nd more than 650 000 transactions was successfully processed.

Find out more details in their communities:
https://t.me/waterfall_network
https://twitter.com/waterfall_dag
https://discord.gg/Nwb8aR2XvR Open / Comment

2024-04-09 16:31:28 Blockstream CEO Adam Back Slams MicroStrategy Short ETF as a "Terrible Product"

Risky Business: Back Warns Against Betting Against MSTR
Adam Back, the CEO of Blockstream, has taken aim at the newly launched Defiance 2X Short MSTR ETF. In a recent X thread, he didn't mince words, labeling the ETF as a "terrible product" that's unlikely to deliver the desired results.

Navigating Choppy Waters: The Perils of Shorting MSTR
Back's main concern lies in the inherent riskiness of shorting MicroStrategy. Even if investors believe the company is overvalued, he warns that the ETF could still face significant challenges due to auto-rebalancing in a volatile market. As he puts it, "you'll get rekt anyway."

MicroStrategy's Bitcoin Bounty: A Thorn in the ETF's Side
With MicroStrategy boasting an impressive stash of over 210,000 BTC, worth a staggering $15.2 billion, Back sees the idea of a short ETF as particularly weak. He highlights that the company's valuation is now closely tied to its Bitcoin investments, making the ETF's 2x auto-rebalancing mechanism a potential recipe for disaster.

Saylor Stands Firm: MicroStrategy's Bitcoin Bet Remains Unshaken
Despite mounting criticism and even short sellers like Kerrisdale Capital taking aim at MicroStrategy, CEO Michael Saylor remains steadfast in his commitment to Bitcoin. He believes in its technical superiority and isn't swayed by those who argue there are cheaper ways to gain exposure to the digital gold. Open / Comment

2024-04-06 19:32:29 Binance Suspends Bitcoin Ordinals Trading – What’s Going On?

Binance dropped a bombshell on April 4, announcing the suspension of Bitcoin Ordinals trades and deposits starting April 18, 2024. Holders of these unique NFTs were urged to withdraw their assets from the platform's marketplace before May 18, 2024.

The reason behind this move remains a mystery as Binance simply stated it was looking to "streamline product offerings." Furthermore, the exchange's NFT marketplace will no longer offer perks related to Bitcoin NFTs after April 10, 2024.

Despite Binance's decision, rival exchange OKX is doubling down on Bitcoin Ordinals, planning to support four new inscription standards in anticipation of their importance in 2024.

The suspension comes at a time when interest in NFTs, including Bitcoin-based ones, is at a low point. Sales have plummeted from their peak of 117,000 in August 2021 to a meager 2,400 across various blockchains.

Concerns about network security and congestion have also been raised. Bitcoin NFTs have been blamed for clogging up the network and causing increased fees. The high volume of inscriptions has led to slow transaction processing and hefty fees totaling over $430.7 million. Open / Comment

2024-04-05 19:02:02 Access alert: Be one of the 10,000 pioneers in Onmi

Onmi is almost ready to launch a first real on-chain mobile game. We just sent a version for iPhones to the App Store and will send for Android in two weeks. Already, 500,000 people on our waitlist, and there are over 200,000 wallets made. But, only 10,000 people will get to test the full mainnet game first, so you should join fast.

It's not just a game; it's a new way to see the world with your phone, making everyday walk fun and rewarding. Onmi works with famous artists like Nina Kraviz and Polygon to make this happen.

Here’s what you can do:
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Onmi Community Open / Comment

2024-04-03 16:31:21 Russian Crypto Exchange Transactions Hit $52B in 2023: Central Bank Reveals Surge!

The Russian crypto market is booming, with transactions on major exchanges reaching a staggering $51.67 billion in Bitcoin and Ethereum alone, according to the Central Bank's latest report.

While this figure is impressive, it may just be the tip of the iceberg. The report hints that most Russians prefer the privacy and flexibility of peer-to-peer (P2P) platforms, suggesting an even higher total volume.

P2P transactions have become the go-to method for acquiring digital assets in Russia, with a significant 50% increase in average monthly volumes among citizens.

How did the Central Bank arrive at these numbers? They credit their accuracy to the cutting-edge blockchain analytics tool, Prograchniy Blockchain, developed by Rosfinmonitoring. This tool has even helped solve a crypto-powered contract killing case!

With its ability to trace transactions across multiple blockchain networks, Prograchniy Blockchain provides invaluable insights into both senders and recipients of cryptoassets. Open / Comment