DeFI News by Thebittimes.Com

In a surprising event, Monero (XMR) dethroned Bitcoin (BTC) as the most used cryptocurrency in Europe’s biggest Bitcoin store . According to ShopinBit ‘s monthly report, three in every four users paid with XMR in June. Notably, the e-commerce shared this data in an X post on July 12, highlighting 74.54% of all payment s made with Monero and 23.64% with Bitcoin. 1.73% of the payment s used Bitcoin’s Lightning Network, while 0.08% used fiat currencies. In this context, ShopinBit launched a challenge and will focus more on XMR if this trend continues. Picks for you Bitcoin or Gold? We asked ChatGPT-4o which asset is a better buy for the second half of 2024 46 mins ago ChatGPT-4o sets BTC's price after US 2024 Bitcoin C...

Crypto.com and Adelaide Oval have integrated to enable the first ever crypto payments at an Australian stadium. Users will pay with crypto via Crypto.com Pay, with a AUD$10 cashback for first 1,000 transactions. The partnership also involves payments terminals provider DataMesh Crypto.com has announced a major partnership with Adelaide Oval, one of the top sporting grounds in Australia. According to details in a news release today, Crypto.com and Adelaide Oval have integrated to bring the first-ever crypto payments at a major stadium in Australia. Oval is the home of Australian Rules football club Adelaide Crows. Sports fans to pay via Crypto.com Pay at Adelaide Oval In the announcement on Thursday, Crypto.com said its partnership with Adelaide Oval also includes DataMesh, a leading payments terminal provider. The collaboration will see sports fans and concert-goers in the country pay with crypto at food and drinks outlets in the stadium. Customers will ...

Bankrupt crypto exchange FTX seeks details about the millions of dollars it had earlier donated to the Center for AI Safety (CAIS). New details were revealed in an Oct. 25 filing in a Delaware Bankruptcy Court. FTX’s legal team stated that the exchange had donated $6.5 million to CAIS, a nonprofit focused on AI safety, between May and September 2022. This was just months before FTX faced financial collapse and filed for bankruptcy. The exchange now requests the court’s permission to issue subpoenas requiring CAIS to disclose any payments , funds, communications, or agreements with FTX, its affiliates, and former executives. FTX alleges that CAIS has been unresponsive to its requests for voluntary accounting related to the financial transfers between the two entities. The exchange further revealed that there had been communications between the firms, including an August phone call and emails in early October. You might also like: Breaking: FTX founder Sam Bankman-...

Litecoin block rewards have now halved to 6.25 LTC as the halving clock is reset for another four years. The Litecoin halving event has been completed with block rewards now halved at 6.25 Litecoin (LTC) per block.  On Aug. 2, the Litecoin blockchain went through its automated halving procedure at block 2,520,000. LTC miners are now getting half the rewards and the clock has been reset for the next halving in roughly four years' time. Litecoin founder Charlie Lee commented on the discrepancies between the different halving countdown timers, suggesting that the NiceHash one was the most accurate. However, all of them agreed on an Aug. 2 date. This is funny. I googled "Litecoin Block Halving Countdown" and checked the first 4 hits. The ETA for the halving is all over the map! From my quick calculation, I believe NiceHash's countdown is the most accurate. I expect the halving to occur in about a 1 day, 2 hours, and 30… pic.twitter.com/7lvOKCtiOh — Charlie Lee ️️ (...