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Ethereum Devs Implement Merge Testnet Kiln, Testing Ground Expected to Be the Last Before PoS Transition
17.3.2022
After implementing the merge testnet Kiln, Ethereum is seemingly getting closer to transitioning to a full proof-of-stake (PoS) network. According to developers Kiln’s execution layer was initially launched leveraging proof-of-work (PoW) and since March 15, Kiln is running entirely under...
How Penguin Karts Will Drive The Blockchain Gaming Scene Forward
17.3.2022
A lot has happened since the idea of Penguin Karts was first conceived. Who would have thought that a nostalgic memory would spawn the development of a blockchain project, let alone one that has been gaining steam like this. Today, we wanted to highlight what we believe makes Penguin Karts special...
Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases
16.3.2022
On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank...
Fed Raises Interest Rate by 25 Basis Points in First Rate Hike Since 2018
16.3.2022
The US Federal Reserve (Fed) raised interest rates by 25 basis points today, marking the first rate hike in the US since before the COVID-19 pandemic. The increase was in line with what the central bank has long communicated to the market that it would do. (This is a developing story and...
Kazakhstan Shuts Down Over 100 Crypto Mining Farms
16.3.2022
More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked to prominent businessmen and former government officials. Financial Watchdog Goes After Crypto Miners Across...
BNDES Director Offers New Insights on Development of Brazilian Blockchain Network
16.3.2022
Gladstone Arantes, a director of the Brazilian Development Bank (BNDES), gave new details about the progress of the Brazilian Blockchain Network, a project that has been in development since 2018. The network will be created on top of the Hyperledger Besu 2.0, which uses a proof-of-authority...
Biggest Movers: IOTX Climbs 13%, as GRT Leads Gainers on Tuesday
15.3.2022
Following a slow start to the day, cryptocurrency markets rebounded during the afternoon, as bulls regained optimism prior to Wednesday’s FOMC meeting. GRT was one of the biggest to climb, with IOTX also recording double digit gains. The Graph (GRT) On Tuesday, GRT rose to its highest level...
Gensokishi Online Hosts Campaign to Win in-Game Token ROND Whitelist for a Total of $10,000
14.3.2022
PRESS RELEASE. GensoKishi Online Metaworld is a GameFi and metaverse incarnation of the award winning Nintendo Switch/PS4 game “Elemental Knights”. Genoskishi Online has set numerous records since releasing its website and various social networking sites on December 2, 2021....
Biggest Movers: RUNE Rises by Over 15%, as FTM and AVAX Trend Lower
14.3.2022
Thorchain (RUNE) rallied to its highest level since January, as cryptocurrency markets started the week mainly in the red. Avalanche (AVAX) was one of these cryptocurrencies trading lower on Monday, and fantom (FTM) fell by close to 10% on the day as well. Thorchain (RUNE) While cryptocurrency...
Two years since the Covid crash: 5 things to know in Bitcoin this week
14.3.2022
It's been two years since BTC/USD crashed to $3,600, and it is trading over ten times higher — but clouds, as ever, are looming large
Investors Predict Fed to Hike Rates This Week — Reactions From Crypto, Stocks, Gold Market Expected
14.3.2022
The U.S. central bank is expected to raise its target fed funds rate on Wednesday for the first time since the onset of the pandemic. Analysts and economists are hyper-focused on this key event, as the Russia-Ukraine conflict continues in Europe. If the Federal Reserve decides to increase the rate...
Bitcoin’s Hashrate Jumps 15% Higher in 10 Days, Mining Difficulty Expected to Rise
13.3.2022
After bitcoin miners caught a break ten days ago when the difficulty dropped 1.49% lower, the network’s hashrate increased more than 15% since then. Currently, the processing power has been coasting along above the 200 exahash per second (EH/s) zone but another difficulty increase...
Deutsche Bank to Exit Russia, Says There Will Be No New Business There
13.3.2022
Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted....
Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years
12.3.2022
The number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding. At the time of writing, 2.32 million bitcoin worth over $90 billion is held on centralized cryptocurrency...
AMC Theatres Now Accepts Dogecoin and Shiba Inu Crypto Payments
12.3.2022
The world’s largest movie exhibition company, AMC Entertainment, has finally begun accepting payments in dogecoin and shiba inu. Supporters of DOGE and SHIB have been waiting for AMC Theatres to accept the two meme cryptocurrencies since September last year. AMC Customers Can Now Pay With...
Bitcoin, Ethereum Technical Analysis: More Crypto Price Uncertainty Heading Into the Weekend
11.3.2022
Bitcoin consolidated on Friday, as prices hovered marginally below the $40,000 level. This comes following a volatile day of trading in which BTC fell to its lowest point since Wednesday. Ethereum also remained slightly above its recent support. Bitcoin Bitcoin continued to trade at high levels...
Crypto lobbyists up 180% since 2018, with Andrew Yang joining the charge
10.3.2022
A new lobbying group will seek to educate legislators and create pilot programs to convince them of the utility of Web3
Ethereum gas fees drop to lowest levels since August 2021
10.3.2022
Data also shows that the average gas price on the Ethereum has been dropping rapidly since the start of the year, plunging from 218 Gwei on Jan.10 to 40.82 on March 9
Ethereum Fees Sink to Lowest Rate in 7 Months, Most L2 Fees Under $1 per Transfer
8.3.2022
Ethereum fees have continued to slide week after week and are now at the lowest value in seven months. On Tuesday, March 8, the average layer one (L1) Ethereum gas fee is 0.0042 ether or $10.89 per transfer. At the same time, median-sized gas fees are much lower as well, hitting values not seen...
'Russian Ethereum', Waves, Almost Triples Since Ukraine War Began
8.3.2022
The WAVES token, issued by the protocol with ties in Russia, is close to a 3x price gain in a matter of just two weeks after it rallied right after Russia invaded Ukraine.
The massive gains also follow crypto exchange Binance integrating the token into its Loans platform last week, and a...