In response to the rising number of cryptocurrency-related crimes in Hong Kong, Bitrace has taken proactive measures to address the issue. The data analysis company recently conducted training sessions focusing on on-chain fund tracking for members of the Hong Kong Police Force. This initiative is part of Bitrace’s Corporate Social Responsibility efforts aimed at enhancing
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Bitcoin, the original cryptocurrency, has once again grabbed the attention of investors as recent market trends suggest the possibility of a significant price retracement. Renowned crypto analyst Rekt Capital has delved into the current state of the Bitcoin market, drawing parallels with historical cycles to provide insights into potential future movements. While the market is
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In the year 2023, despite an overall decline in venture capital activity, Bitcoin startups saw a massive increase in funding. According to a report by Trammell Venture Partners (TVP), the number of Bitcoin-native pre-seed deals skyrocketed by 360%, with the number of funded Bitcoin companies rising by an impressive 56.9%. The report defines a “Bitcoin
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Ripple’s XRP recently experienced a significant drop of 20% following a broader market downturn. However, some analysts view this as a potential buying opportunity rather than a cause for concern. Despite the negative trend, there are optimistic predictions indicating a bullish outlook for the asset. One analyst, going by the name EGRAG CRYPTO, believes that
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The issue of data ownership on the blockchain presents a challenging dilemma. On one hand, there is a desire for transparency and immutability that can disrupt the control of data by large entities. However, on an individual level, there is also a need for personal autonomy over one’s own data. Finding a balance between these
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Bitcoin Layer 2 solutions have been a topic of discussion in the cryptocurrency community, with both supporters and critics weighing in on their efficacy. One of the most vocal critics of these solutions is Mempool founder Mononaut, who has raised several technical concerns. Mononaut’s stance has found backing from Bitcoin Ordinals founder Casey Rodarmor, adding
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Over the weekend, the cryptocurrency market experienced a significant downturn, with Bitcoin leading the way by dropping five thousand dollars to a multi-week low of around $61,000. This downward spiral was further compounded by the altcoins, which saw even larger double-digit declines. The main trigger for this crash was the escalating tension between Iran and
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ICB Network, founded on April 1, 2024, has introduced a groundbreaking approach to the Layer-1 Blockchain project. Implementing the Proof of Stake (PoS) consensus mechanism has set ICB Network apart from conventional blockchain systems. Unlike the traditional Proof of Work (PoW) systems, PoS enables faster transaction approvals and higher transaction throughput, making it suitable for
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Bitcoin’s market capitalization recently hit an all-time high of over $1.43 trillion and is currently standing at around $1.32 trillion. Many in the industry are optimistic about the future value of Bitcoin, with some projections as high as $100K. Figures like Ripple’s CEO, Brad Garlinghouse, have also expressed bullish sentiments about the broader growth of
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