Connect with us

Business

University of Wyoming launches Bitcoin Research Institute

Published

on

A group of Bitcoin advocates has launched a new Bitcoin Research Institute at the University of Wyoming, signaling a major step forward in the academic study of cryptocurrency and blockchain technology. The institute aims to advance research, education, and innovation in the field of digital assets.

The newly established institute will focus on a broad range of topics related to Bitcoin and blockchain technology, including its economic impact, technological advancements, and regulatory challenges. By bringing together experts, researchers, and students, the institute seeks to foster a deeper understanding of Bitcoin’s potential and its role in the future of finance.

The initiative comes in response to the growing interest and importance of cryptocurrency in the financial world. The University of Wyoming’s commitment to the institute underscores its role in bridging the gap between academic research and practical applications in the digital asset space.

Key goals of the institute include conducting cutting-edge research, developing new technologies, and providing educational opportunities for students interested in blockchain and cryptocurrency. The institute also plans to collaborate with industry leaders and policymakers to address key issues and drive forward the development of Bitcoin-related technologies.

The establishment of the Bitcoin Research Institute represents a significant investment in the future of cryptocurrency research. By leveraging the University of Wyoming’s resources and expertise, the institute aims to contribute valuable insights and innovations to the rapidly evolving field of digital assets.

As the cryptocurrency landscape continues to evolve, initiatives like this one play a crucial role in shaping the future of blockchain technology and its applications. The Bitcoin Research Institute is poised to become a key player in advancing knowledge and driving progress in the world of digital finance.

Business

Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

Published

on

Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

Continue Reading

Business

Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

Published

on

Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

Continue Reading

Business

Hackers are selling counterfeit phones with crypto-stealing malware

Published

on

Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

Continue Reading

Trending

Copyright © 2025 cryptonews.lk