Category: Cryptocurrency
The chairman of a congressional subcommittee reached out to the CEO of Binance.US to produce various documents in an attempt to help review the measures taken to protect investors. 1480 Total views 26 Total shares Brian Shroder, president and CEO of Binance.US, received a federal letter requesting the urgent disclosure of official documents that prove […]
Data from on-chain monitoring resource BTC.com confirms that on Aug. 31, Bitcoin’s network difficulty hit new all-time highs. Bitcoin seals biggest difficulty jum since start of 2022 Despite the recent BTC price drawdowns, Bitcoin’s network fundamentals are telling an optimistic tale as August comes to a close. Both difficulty and hash rate are climbing, reflecting […]
The bill was approved by the nation’s Senate in July as low-energy costs continue to boost mining activities in the country. 2890 Total views 39 Total shares Paraguay’s president, Mario Abdo Benítez, vetoed a bill that sought to recognize cryptocurrency mining as an industrial activity on Monday. He reasoned that mining’s high electricity consumption could […]
South Korea’s ‘Blockchain’ city of Busan continues to establish partnerships to foster the growth of the cryptocurrency industry. 850 Total views 29 Total shares South Korea’s second-largest city Busan has announced a partnership with crypto trading platform FTX to build a local crypto exchange and foster blockchain development. Sam Bankman-Fried’s FTX will assist in creating […]
Bitcoin (BTC) is there for those that need it most; the rest may need time to learn. This message reverberated around the casino conference hall during a panel at Surfin Bitcoin, a Bitcoin-only conference in Biarritz, France, on Aug 26. Panelists Ben Perrin, a Bitcoin Youtuber; Ernesto Hernandez, a Salvadoran business consultant; and Carol from […]
Contrary to the obvious explanation, this massive whale wallet is not owned by Axie Infinity or the company behind it, Sky Mavis. 2754 Total views 22 Total shares For nearly a year now, a mysterious Axie Infinity wallet has been quietly amassing billions of Smooth Love Potion (SLP), the in-game cryptocurrency powering one of the […]
Ahead of the rapidly approaching Ethereum (ETH) Merge on Sept. 15, Ethermine, the world’s largest Ethereum mining pool has unveiled a new staking pool for users. Notably however, it is not available to U.S. miners The new service offers Ethermine members a chance to collectively stake their ETH and earn interest on top of their […]
The upcoming Merge has contributed to a rise in Ethereum investment products and trading volume, as crypto market AUM figures continue to drop amid the bear market 178 Total views 16 Total shares Ethereum investment products increased by 2.36% to $6.81 billion in assets under management (AUM) throughout August, outperforming Bitcoin products which saw a […]
The code bug has plagued the cETH market and has affected Compound’s front-end user face, but the CEO confirmed that “funds are not immediately at risk.” 270 Total views 19 Total shares Decentralized lending platform Compound has been plagued by a code bug in a recent governance proposal to update its price feeds. The code […]
Art, artifacts and untold family stories from the world-renowned Mexican painter Frida Kahlo are being digitized and uploaded to the metaverse. 1951 Total views 42 Total shares The family of the world-renowned painter Frida Kahlo released never before seen art and memorabilia tied to the artist into the metaverse. The content debuted in a permanent […]