Press Releases News TheBitTimes.com

The European Central Bank (ECB) President Christine Lagarde said that her son lost around 60% of his money after investing in crypto. Lagarde, a known crypto critic, disclosed that her son ignored her advice against crypto investments and ended up losing “almost all the money that he had invested.” “He ignored me royally, which is his privilege,” Lagarde said while speaking to students in Frankfurt. “So when I then had another talk with him about it, he reluctantly accepted that I was right.” Lagarde, who said the money lost wasn’t a lot, has declared an anti-crypto stance since taking over as the ECB chief, but she is currently leading its efforts towards establishing the digital euro, which entered its “preparation phase” last month. Our Governing Council has decided to move to the next phase of the digital euro project. In November 2023 we will start laying the foundation for the possible issuance of a digital euro. A ...

The next big meme coin is almost upon us as Pepe coin price stalls and the new Meme Kombat battling and gaming platform sees an influx of buyers as the ICO closes in on $2 million. $MK token is selling fast. So far, $1.94 million has been raised. There are just two days before the token price increases by 4.39%, from $0.205 to $0.214.  Prospective $MK buyers should note that there is a strong chance that the current lowest price available could sell out before the 48-hour window closes, so there is no time to lose. What’s more, when the raise milestone of $2 million is hit, the team at Meme Kombat will be giving away 10,000 USDT, so there is even more incentive to be among the early token holders. To be eligible for the airdrop giveaway, you need to contribute to the presale of $100 or more. Don't forget that we are going to be giving away 10,000 USDT when we hit $2 million raised in presale🤩 The time is drawing near, so get those ...

Binance CEO Changpeng Zhao took to X to call Nouriel Roubini “shameless“ for using the Binance logo and name on his website as the legendary economist and crypto critic launched his own crypto token. “Some people are shameless,” Zhao said. “After attacking Binance publicly on stage a year ago, now issues a token and puts Binance logo on their website WITHOUT permission.” Some people are shameless. After attacking Binance publicly on stage a year ago, now issues a token and puts #Binance logo on their website WITHOUT permission. 🤡🤷‍♂️😂 pic.twitter.com/WENaTO4tE4 — CZ 🔶 Binance (@cz_binance) November 7, 2023 Roubini, famous for predicting the 2008 global financial crisis and often called “Dr Doom“ for his pessimistic views, is an economist who is behind the Atlas Climate Token (ACT). The project creates a tokenized financial instrument to transform climate finance and promote asse...

Join Our Telegram channel to stay up to date on breaking news coverage Crypto miners are getting a new lobby group to help advance their interests among US policymakers as the nation seeks to establish a comprehensive regulatory framework for cryptocurrencies. The Digital Energy Council (DEC) was launched on Aug. 15 with the aim of educating policymakers and key stakeholders and removing any misconceptions about crypto mining, the body says on its website. It will “promote responsible and sustainable energy development, grid resilience, maintain United States competitiveness, and protect national security,” it said in a statement. Digital Energy Council to Focus on Three Key Areas The Washington-based Digital Energy Council is the first member association that exclusively focuses on the intersection of energy security and digital asset mining.  It will focus on three critical areas: US energy development, national security, and economic advancement, says its ...

Join Our Telegram channel to stay up to date on breaking news coverage In response to the broader startup downturn, Sequoia Capital, a leading venture firm in Silicon Valley, is scaling back funds allocated for startups, including cryptocurrency ventures. The firm is taking this measure to address past excessive spending during its expansion phase and navigate the challenges it faced under the leadership of new CEO Roelof Botha, who took over from Doug Leone in April 2022. This strategic move aims to ensure the company’s sustainability amid the prevailing setbacks in the startup ecosystem. Cryptocurrency Fund Cut from $585 Million to $200 Million Sequoia Capital’s cryptocurrency fund and ecosystem fund have experienced significant reductions, with the former being halved from $585 million to $200 million and the latter from $900 million to $450 million, as reported by the Wall Street Journal. Although the venture firm did not officially disclose these details, it...

Join Our Telegram channel to stay up to date on breaking news coverage New meme token Evil Pepe Coin launched its presale today, July 18th at evilpepecoin.com, priced at $0.000333. $EVILPEPE, inspired by 2023’s best-performing meme coin Pepe ($PEPE), has set a hard cap of $1,996,002 for the token sale. No private sale was conducted. What Is Evil Pepe? Evil Pepe Coin is rumored to be linked to the team behind Sponge ($SPONGE) which was one of the most trending cryptocurrencies on DEXTools earlier this year. As a member of the broader Pepe meme coin family, which now includes the likes of Pepe 2.0, it also piggybacks off of one of 2023’s best-performing meme coin genres. Pepe token rose by millions of percent since its Uniswap launch, topping out at a market cap of almost $2 billion on May 6 shortly after its Binance listing was announced. Pepe 2.0 was then marketed as a second chance for those who missed the initial Pepe pump – a fter launching at around $...

Join Our Telegram channel to stay up to date on breaking news coverage Birfarms, a cryptocurrency mining outfit based out of Canada, would be trimming its staff. This is due to the coronavirus pandemic’s effects on its operations. The company made the decision known in an update published earlier this week, explaining that it will be making some adjustments to the corona virus amid both its economic and social effects. Focusing on Sustainability and Profits Via the update, the company explained to stakeholders and community members that it had optimized its operations to maximize mining power over the past few weeks. As a result, it’s been able to maintain a daily hash rate of about 750 PH effectively. Thanks to all this, Bitfarms has now managed to stay cash flow positive and should be able to weather the storm and continue its operations. However, the firm is also looking to stay in compliance with government guidelines at this time, and they believe that stream...

Join Our Telegram channel to stay up to date on breaking news coverage Pepe 2.0 has shattered the $20 million market cap, hitting a trading volume of $27 million. At the time of writing, Pepe 2.0 is priced at $ 0.0000000509 according to Coinmarketcap , up by 450.58% in the last 24 hours alone. Launched a couple of days ago, the coin price has pumped 54,000% in no time. This extraordinary surge has left investors and onlookers thinking – is it really the next Pepe coin? The pool for Pepe 2.0 on DEXTools made recently shows a market capital of more than $3 million and a total liquidity of over $192,000. The current total supply of the coin is 420690.00B PEPE2.0, and there are roughly 1.20k token holders. Pepe 2.0 is a brand-new coin that is now going bonkers on Uniswap. It has already generated quite the buzz in the cryptosphere, leaving many to speculate if it is the next meme coin superhit. The token’s Coinmarketcap description claims, “it will redo the run-up...

Join Our Telegram channel to stay up to date on breaking news coverage It seems that the memecoin mania is doing an encore round. Several newly launched tokens – all memecoins – have quickly gotten attention from the crypto crowd. Among them is Bacon Coin, which exploded within a few hours of launch on Uniswap. DEXTools shows that the token went up by 1700%. Does that make it the best memecoin to buy right now? BACON – A Memecoin Capitalizing on Bacon Memes Bacon arrived straight to Uniswap and, within hours, became the top gainer on DEXTools. It moved forward, leveraging the power of memes and the thirst that investors have for low-cap cryptos capable of making quick gains. The token’s trajectory led to hourly gains of 1700% for those who were able to invest early. While it should be surprising since Bacon is a memecoin, this trend has been getting common ever since the memecoin mania hit in 2023. Bacon Coin’s DEXTools’s chart shows that ...

Join Our Telegram channel to stay up to date on breaking news coverage Alien Milady Fumo (FUMO): Secure, Decentralized Cryptocurrency with Rewards The cryptocurrency Alien Milady Fumo is traded online and allows payments through secure transactions without intermediaries, resulting in low user costs.  Crypto Alien Milady Fumo (FUMO) uses blockchain technology, establishing a network between all users, and allowing distributed data storage and processing. The technology ensures the security and decentralization of transactions, increasing the efficiency of Alien Milady Fumo. FUMO also offers smart contracts so users can create and execute contracts without a middleman. Transactions are secure, fast, and cost-effective this way. A rewards system also incentivizes users to use FUMO. Buying Alien Milady Fumo (FUMO) on Exchanges: Steps, Price, and Fees  Alien Milady Fumo (FUMO) can be bought on online cryptocurrency exchanges. Exchanges are like middlemen between people who buy a...

Join Our Telegram channel to stay up to date on breaking news coverage Let’s start by explaining the difference between various types of transactions.    Cash is quite affordable when it comes to providing privacy and anonymity. When we pay in cash, we’re always anonymous, no one asks for any data for inspection, no one records who bought the goods and how much more money there is.   On the other hand, when we pay via bank transfer, the bank always has an insight into all transactions and account balances. In addition, inexperienced users of online payments can sometimes get into trouble, the more serious of which can be money theft, while the most common may be the storage of private information by large centralized  eCommerce  companies.     Online payments are increasingly used, and in some countries, they have almost completely replaced cash payments. It just means that, collectively, we need to raise security awareness when paying online.   T he next level of online paym...