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In an age where censorship and surveillance is commonplace, the movement for secure and resilient communication has never seen such fervent support. Encrypted messaging apps such as Telegram and Signal, and other hyper-secure technologies, have all gained widespread adoption and success. Unfortunately, the centralization of these platforms has created a single point of failure and made them vulnerable to censorship and data breaches. Enter Web3 technology, decentralization, and peer-to-peer (P2P) communications. By leveraging decentralized networks and blockchains, P2P technologies promise to support end-to-end communication, uncompromising access control, anonymity, and resilience against censorship and data breaches. Instead of relying on a single point of control, these technologies distribute information across multiple nodes, ensuring that no single entity can control or censor the flow of information. We have reached a point where consumer technology can quite simply overcome c...

The number of addresses holding 1 BTC or more has now crossed the one million mark. Glassnode’s data reveals that the number of wallet addresses holding one whole BTC or more has exceeded one million. This significant milestone settled on May 13 represents a clear indication of the sustained growth in the popularity of Bitcoin and the increasing adoption of the cryptocurrency among investors. Investors have actively accumulated Bitcoin since the market setback happened last year. The largest cryptocurrency lost 65% of its value after a series of events triggered multiple collapses throughout 2022. New Milestone According to Glassnode’s report, the most significant surges in addresses holding at least one BTC were in June – one month after TerraUST crashed and November 11 – FTX bankruptcy declaration. Following the FTX saga, Bitcoin’s price dropped below $30,000 and sank to around $16,000 in December 2022. But catastrophic events most likely catalyze a buying opportunity at a di...

Massive unrealized losses put more than 700 banks in the US at risk, says Fed. A public release, represented by the Federal Reserve Bank of Kansas City, discusses the growing risks of instability across certain banks under the impact of rising rates. Data indicates that 722 American banks have suffered ‘unrealized losses exceeding 50% of capital.’ The high level of unrealized losses put banks at ‘significant safety and soundness risk.’ Banks Under Pressure The Federal Reserve has reported that those banks have self-reported massive unrealized losses, indicating a potentially significant risk. This indicates that the value of certain assets held by these banks has decreased to a point where, if sold, they would generate a loss of more than half of the bank’s capital, resulting in a weakened financial position for the institution. Alternatively, the Fed has revealed that American banks have taken measures to mitigate further losses caused by the impact of rising interest rates. T...

Centralized exchanges lose the spotlight as new data shows declines in trading volumes on popular crypto platforms. Data provided by the crypto analysis firm Sentiment shows that Bitcoin held on exchanges has dropped to 5.84%, the lowest level since December 2017. Spot and futures trading were reportedly in decline over the last few months as well. Question of Faith Specifically, futures trading on Binance, OKX, and Bybit have fallen by 24.1%, 21.7%, and 17.8%, respectively. Crypto.com, the long-established crypto platform, suffered a significant loss, with a 52.8% drop in futures trading. The decrease in volume indicates the surge of bearish sentiment across major CEXs. It’s highlighted that the volumes on those exchanges entered the extended decline period since November last year – the matched timeline of FTX’s collapse. The crash of FTX by the end of 2022 resulted in a spike in DEX trading volumes. Observers noted a similar trend during the crash of TerraUST in mid-2022 wh...

Bitcoin Casino has been around since 2019 and it is under the ownership of Direx N.V. Casinos. This parent company operates a whole host of other online casinos, so it has plenty of experience in the space. Bitcoin Casino focuses on being an online casino that caters to those players who want to use cryptocurrencies as their preferred payment method and to gamble online with anonymity. The casino offering is well stacked with games from the best developers in the space. Bitcoin Casino is under the regulation of the Government of Curacao and it is always looking at ways to improve its offering and to take it to another level. Bitcoin Casino Homepage This Bitcoin Casino review looks at all of the various aspects of the offering, showcasing the pros and the cons of the offering. This will give you a proper insight as to what you can expect if you sign up for an account on the platform. Visit BitcoinCasino Bitcoin Casino Offering The main focus for Bitcoin Casino is its online ca...

Since 2016, 1xBit has been operating its online gambling platform that has been growing rapidly as the cryptocurrency space has taken off. It is constantly innovating to try to become the best offering in the crypto gambling space. There is a great selection of different game types, with the selection within each of these categories also being extensive. There are more than 20 different cryptocurrencies that you can use through 1xBit, providing you with a great level of flexibility and anonymity. As well as being an online casino, there is also a live dealer casino and a sportsbook that you can check out. This 1xBit review takes a deep dive into each respective section of this offering to see where it shines and what areas are potentially lacking. This will allow you to determine if 1xBit is a good fit for you and your needs. Visit 1xBit 1xBit Sports Betting There is a comprehensive sports betting offering at 1xBi t. Every major sport is well-catered for. You will find markets...

BitCasino is an online gambling platform that was created with the focus being on those people who want to gamble using Bitcoin. BitCasino has been in business since 2014 and it is under the ownership of mBet Solutions NV, a company that also has a Bitcoin sportsbook under its operation. The BitCasino site is under the oversight and regulation of the authorities in Curacao. In its short lifespan, the site has undergone a number of different designs, constantly keeping things fresh for its players. It is well-stocked out with a varied library of games, catering for most popular needs. This BitCasino review will look at all of the different aspects that make up this platform. You will be able to see the strengths and weaknesses that are part of this site, allowing you to make an informed decision. Bitcasino Homepage Visit BitCasino BitCasino Game Offering There is a comprehensive library of casino games to choose from on the BitCasino platform. Many leading game developer...