U.S. Miners Less Affected by Bitcoin Halving Due to Energy Efficiency
Recent investigations by Hashlabs Mining reveal that the United States hosts 40% of global Bitcoin mining activities, a significant statistic that highlights the country’s dominant position in the cryptocurrency mining…
Matrixport Signals Caution Amid Market Exuberance Following Bitcoin’s Surge Past $60K
In a recent observation, Daniel Yan, the co-founder of the Singapore-based cryptocurrency service firm Matrixport, has voiced concerns over the potential for a market correction following Bitcoin’s climb to its…
Bitcoin Surpasses $60K Mark for the First Time in Two Years
For the first time in more than two years, Bitcoin has crossed the $60,000 threshold, marking a significant milestone in its price trajectory. As of 1:00 pm UTC, the cryptocurrency…
Crypto.com Forges Alliance with Latin America’s Premier Investment Bank for Stablecoin Initiative
BTG Pactual, a leading banking institution in Latin America, has embarked on a collaborative venture with Crypto.com, aiming to propel the integration of cryptocurrency banking services within the region. This…
NFT Updates: Yuga Labs Phases Out Support for Non-Royalty Platforms, South Korea Engages in NFT Talks with Gary Gensler
Yuga Labs, the powerhouse behind renowned Nonfungible Token (NFT) collections such as the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC), is making a significant pivot in…
Spanish Financial Authority Flags 18 Entities for Operating Without Licenses
Spain’s leading financial watchdog, the National Securities Market Commission (CNMV), has disclosed a list of 18 companies providing services within the country sans the requisite licensing. On February 26, the…
Vitalik Buterin Offers Open-Source Alternative to Elon Musk’s Windows OS Dilemma
Ethereum’s co-founder, Vitalik Buterin, has proposed a solution to Elon Musk’s frustrations with Microsoft Windows OS: the transition to the open-source operating system Linux. This suggestion came shortly after Musk…
Bridging the Divide Between Cryptocurrencies and Traditional Finance: A Comprehensive Exploration
The journey towards a harmonious integration of cryptocurrencies with traditional financial systems has seen its share of victories, albeit hard-earned ones. Among these milestones, the authorization of the first spot…
Ethereum’s Recent Performance Against Bitcoin: Analysis and Implications
Ethereum’s native cryptocurrency, Ether (ETH), has exhibited significant momentum against Bitcoin (BTC) in recent weeks, marking a notable gain of over 20% since Feb. 12. This surge has been largely…
Pyth Network Debuts Real-Time Market Data Services on Hedera
In a significant development for the blockchain and decentralized finance (DeFi) ecosystems, Pyth Network, renowned for providing real-time market data for blockchain applications, has announced its strategic expansion onto Hedera,…
Dechat Unwittingly Disseminates ‘Honeypot’ Scam Link in Token Launch Notification
In an unfortunate oversight, Dechat, a pioneer in Web3 communication protocols aimed at decentralizing user interactions, found itself in the midst of controversy. The protocol mistakenly shared a link to…
Is a ‘Pre-Halving Peak’ Imminent? Key Insights into Bitcoin’s Market This Week
As February draws to a close, Bitcoin‘s price action finds itself at a pivotal junction, hovering just above the $50,000 mark. Despite the cryptocurrency’s robust start to the month, its…
BitForex Crypto Exchange Suspends Withdrawals Amid User Concerns
The Hong Kong-based cryptocurrency exchange BitForex recently announced a suspension of withdrawal services for an unspecified period, leaving many in the dark regarding the sudden halt. This decision came on…
Navigating the Crypto Regulatory Landscape: Insights and Challenges in Nigeria
Nathaniel Luz, co-founder and Chief Marketing Officer of Flincap, a local crypto over-the-counter (OTC) platform, is urging the Nigerian government to address the licensing hurdles faced by local exchanges, rather…
OANDA Gains Foothold for Crypto Trading Services in the UK: A Strategic Expansion
In a notable expansion move, OANDA, a leading US-based crypto brokerage firm, has paved its way into the United Kingdom’s crypto trading sphere through its subsidiary, OANDA Crypto. This development…
Riot Platforms Achieves 19% Increase in Bitcoin Production, Mining 6,626 BTC in 2023
Despite facing stiff competition from rivals who mined more Bitcoin in 2023, Riot Platforms is strategically gearing up for the anticipated Bitcoin halving in 2024, following its significant acquisition of…
Addressing the Surge of Blockchain Cybercrimes: China’s Response
In response to the escalating threat of cybercrimes, particularly those exploiting blockchain and metaverse platforms for illicit activities, the Supreme People’s Procuratorate (SPP) of China, the nation’s apex prosecutorial authority,…
As Bitcoin Maintains its Position Over $51K, ETH, UNI, FIL, and GRT Showcase Bullish Momentum
After a vigorous two-week rally, Bitcoin is currently experiencing a slight pause in its ascent, stabilizing around the $52,000 mark. Despite attempts by bears to initiate a correction, the bulls…
Grayscale’s Bitcoin ETF Experiences Decreased Withdrawal Activity Since Its Conversion
Grayscale’s Bitcoin Trust (GBTC) has recently marked a significant decrease in withdrawal activity, reaching the lowest levels of outflows observed since its transition to an exchange-traded fund (ETF) format. This…
ECB Officials Remain Critical of Bitcoin, Asserting Its ‘Fair Value’ Is Nil
Despite Bitcoin’s recent price surge and the groundbreaking approval of spot Bitcoin ETFs in the United States, two European Central Bank (ECB) officials, Ulrich Bindseil and Jürgen Schaaf, remain unwavering…