Crypto News
Chinese Government Launches ‘Ultra-Large Scale Blockchain Infrastructure Platform’
The Chinese government is reportedly launching an “ultra-large-scale blockchain infrastructure platform for the Belt and Road Initiative.” The platform will support the implementation of cross-border cooperation projects along the Belt and Road Initiative and provide the base for developing applications that showcase collaboration across borders. ‘Ultra-Large Scale Blockchain Infrastructure Platform’ The Chinese government has reportedlySource link
Bitcoin Cash Undergoes Halving Event, Sets Stage for May Upgrade
The Bitcoin Cash network has witnessed its halving event at block height 840,000, leading to a reduction in the miner reward to 3.125 coins per block from the previous 6.25 coins. Miner Rewards Halved on Bitcoin Cash Network The latest block data reveals that the Bitcoin Cash (BCH) network has undergone its anticipated reward-halving event.Source link
Bitcoin Ordinals Driving ‘Renaissance’ in BTC Activity: Franklin Templeton
The investment giant says the popular project reflects “positive momentum in innovations” in digital assets.Source link
ETF Analyst Comments on ARKB Outflows: A Reality Check for Crypto’s Hodler Class
In a modest yet positive development, U.S. spot bitcoin exchange-traded funds (ETFs) saw a net inflow of $39.5 million, even as the ETF ARKB experienced a substantial outflow of $87.5 million. Despite ARKB’s significant outflow surpassing that of GBTC, Grayscale’s Bitcoin Trust also faced a reduction, with approximately $81.9 million being pulled from its funds.Source link
Protocol Village: Optimism-Based DEX Velodrome Deploys to Bitcoin L2 BOB
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 4-10.Source link