Bitcoin Hashrate Reaches New Heights Despite Impending Halving and Market Volatility
Bitcoin’s hashrate has achieved a new record, hitting 440 exahash per second (EH/s) according to the seven-day simple moving average (SMA) on October 8, 2023. ...
Upbit Faces Daily Barrage of Hacking Attempts Amidst Rising Popularity
Upbit, South Korea’s leading cryptocurrency exchange, experienced a staggering number of hacking attempts in the first half of this year, according to a regulatory filing ...
by Jay Solano
China Daily Ventures into NFT and Metaverse Despite National Crypto Ban
Chinese state-owned newspaper China Daily is entering the NFT (non-fungible token) space, planning to develop a metaverse and NFT platform despite the nation’s stringent restrictions ...
by Jay Solano
Ethereum Foundation Exchanges 1,700 ETH for USDC Amid Market Speculations
The Ethereum Foundation recently executed a trade, exchanging 1,700 ETH for $2.76 million in USDC stablecoins via the decentralized exchange Uniswap. This transaction was swiftly ...
by Jay Solano
Navigating the Complex Landscape of Crypto Cards Amid Regulatory Hurdles
While the tumultuous waters of regulatory oversight continue to stir the crypto cards space, they remain a potent avenue for enthusiasts looking to utilize their ...
by Jay Solano
Base Faces A Dip Amid Rising Stars in Ethereum’s L2 Landscape
Base, a Layer 2 (L2) solution backed by Coinbase, finds itself navigating choppy waters as it faces a noticeable dip in user interaction, a contrast ...
by Jay Solano
Stars Arena Battles Through Security Breach, Eyes Revival
Stars Arena, a prominent player in the Avalanche-based Web3 social media landscape, found itself amidst a storm, with hackers breaching its defenses and making away ...
by Jay Solano
Kraken Sets Sail for the Dutch Shores with BCM Acquisition
In a strategic maneuver, US-based cryptocurrency exchange Kraken eyes the fertile grounds of Europe, marking its anticipated terrain with the acquisition of Netherlands-based exchange Coin ...
by Jay Solano
Blackbird Takes Flight with $24M Funding to Enrich Dining Experience with Crypto
Blackbird Labs is making headway in bridging the gap between the culinary world and the crypto verse, armed with a fresh $24 million in Series ...
by Jay Solano
El Salvador Welcomes Its First Bitcoin Mining Pool, Lava Pool
In a significant development, Volcano Energy, a company centered around renewable energy-based Bitcoin mining, has partnered with Luxor Technologies to inaugurate Lava Pool, marking El ...
by Jay Solano
Avalanche (AVAX), Shiba Inu (SHIB), and VC Spectra (SPCT) Set to Rally This Month
The current bear market in crypto shows no signs of ending any time soon. However, crypto analysts have zeroed in on the tokens they believe ...
by Jay Solano
HKEX Introduces Smart Contract-Powered Settlement Platform
Hong Kong Exchanges and Clearing Limited (HKEX) has unveiled “Synapse”, a new settlement acceleration platform for equities backed by smart contract technology. Synapse, developed to ...
by Jay Solano
XRP Rises Following Ripple’s Legal and Regulatory Victories
XRP experienced a price spike following Ripple’s twin victories: obtaining a key service license in Singapore and thwarting an SEC appeal attempt in the U.S. ...
by Jay Solano
Bybit Introduces Crypto Derivatives and Fiat On-Ramp in South Africa
Bybit, a cryptocurrency exchange based in the United Arab Emirates, has unveiled its crypto derivatives offerings in South Africa, enabled through its juristic representative, Money ...
by Jay Solano
Cross-Border CBDC Trading Tested Using DeFi Technology
The Bank for International Settlements (BIS), in collaboration with the central banks of France, Singapore, and Switzerland, has successfully executed an experimental cross-border trade utilizing ...
