The first phase of the mainnet of the modular blockchain project Elixir is now online, initially running on a genesis node composed of institutional validators.
During this phase, the network will be tested for stability by pre-selected institutional validators.
After the public beta mainnet is launched, any user can participate in the operation of the validation node, and eligible users can also receive ELX rewards.
Today marks the 16th anniversary of the release of the #Bitcoin white paper.
On October 31, 2008, Satoshi Nakamoto published this landmark document. Titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” the nine-page thesis paper established the basic structure for the Bitcoin network.
It also presented the idea of the decentralized cryptocurrency that can make transactions while using no financial institutions or third parties.
Electric Capital released a global crypto developer distribution research report.
The report analyzed more than 110,000 developer profiles. It revealed that Asia has surpassed North America's leading position.
North America's developer share fell from 44% in 2015 to 24% in 2024. Meanwhile, Asia's share increased from 13% to 32%.
📊 INSIGHT:
MicroStrategy's shares have dropped 5.9% following Q3 earnings that fell short of expectations.
Network economist Timothy Peterson cautions that the price of $MSTR could decline further if $BTC experiences a downturn after the election.
🚨 BREAKING:
Canary Capital has submitted an application for a spot Solana ETF, while Franklin Templeton is contemplating the launch of its own spot Solana (SOL) ETF.
This development underscores the growing institutional interest in single-asset cryptocurrency ETFs.
#Bybit Powered by SATOS acknowledges the decision by De Nederlandsche Bank (DNB) to impose a fine of EUR 2,250,000 for providing services without registration between October 2, 2020, and September 15, 2023.
Since September 2023, #Bybit has operated under Bybit Powered by SATOS, leveraging SATOS’s Virtual Asset Service Provider (VASP) license accredited by the DNB.
Alameda Research Sues KuCoin for $50M in Frozen Assets
Alameda claims frozen assets belong to FTX and are vital for creditor repayments amid ongoing legal tensions in the crypto sector. https://t.co/iNhvnRiIe8
MrBeast's $23M Crypto Controversy: Scams and Shady Deals
MrBeast faces scrutiny over $23M profit from questionable crypto activities, raising concerns about influencer ethics in the digital currency space. https://t.co/ZRYV3Fdmgp