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Bitcoin Network’s High Difficulty Levels Poised to Ease Amid Longer Block Intervals
24.7.2023
Upon achieving an unprecedented all-time high on July 11, 2023, soaring to a staggering 53.91 trillion, Bitcoin’s difficulty is poised to decline by an estimated range of 3.9% to 4.04% come July 26, 2023. Block generation periods have been lagging behind their typical ten-minute average...
Ordinal Inscriptions Approach 19 Million Amid Stagnant Fees, Bitcoin NFT Sales Drop
23.7.2023
The number of Bitcoin Ordinal inscriptions on the blockchain is nearing 19 million, a trend that has continued for the past 218 days since December 16, 2022. Statistics indicate that miners have accrued roughly 1,847.66 BTC in fees, worth about $55.29 million, confirming the millions of Ordinal...
BTC20 Emerges as Eco-Friendly Alternative Amidst 1Inch Network's Price Drop
20.7.2023
After staging a rally that saw 1INCH reach a multi-month high of $0.5935 on July 17, it is now experiencing a drastic pullback to the current level of $0.3274, representing a 44.84% decrease from its recent peak. What's next for 1INCH and can it reestablish its bullish momentum?...
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Crypto Privacy Protocol Manta Network's Team Valued at $500M
20.7.2023
P0x, the development firm behind the privacy-preserving Polkadot-based protocol Manta Network, has reached a valuation of $500 million after concluding a recent funding round.
The recent Series A funding round brought in $25 million to the company, an announcement from Wednesday this week said....
Celsius Network's Alex Mashinsky Arrested as U.S. Authorities Sue Bankrupt Crypto Lender
13.7.2023
The former CEO of bankrupt crypto lender Celsius Network Ltd., Alex Mashinsky, has been charged with fraud by the U.S. Department of Justice (DoJ) and sued by three regulatory agencies over the company's collapse.
Apart from the DoJ, Celsius and Mashinsky are also facing a barrage of lawsuits...
Biggest Movers: MATIC Moves to 5-Week High, as LTC Climbs Above $100.00
13.7.2023
Polygon jumped to a five-week high on Thursday, as founders of the token proposed an upgrade that will create a new coin, POL. If approved, MATIC will be replaced with the new token that will function on all Polygon networks. Litecoin also rallied, hitting a one-month high. Polygon (MATIC) Polygon...
Bug bounties can help secure blockchain networks, but have mixed results
11.7.2023
How bug bounties can improve security by using talent from the blockchain community
WOO Network revival as TVL rises, DigiToads shapes DeFi with unique staking model
8.7.2023
WOO Network’s revival is apparent in terms of the rise in its total value locked (TVL), which has also increased its token price. Furthermore, its high TVL is a vote of confidence in the platform, which continues to exert its dominance within the crypto landscape. Amidst this, DigiToads...
Bitcoin Emerges as NFT Contender With $463 Million in Sales in 4 Months
5.7.2023
In just four months, starting from February 7, 2023, non-fungible token (NFT) sales on the Bitcoin blockchain have soared to $463.68 million. This growth has propelled the network to secure the second-highest number of monthly NFT sales consistently since then. However, despite this impressive...
Disney Deletes Streaming Movie That Only Released In May
5.7.2023
The “deleting shows and movies just to save some tax money” trend that is rippling through major streaming networks has seemingly hit a new, farcical low with the removal of the film Crater from Disney Plus. Crater was released on May 12, 2023.Read more
Bitcoin Difficulty Takes a Dip: Network’s First Downward Adjustment in 56 Days Signals Easier Mining Ahead
29.6.2023
On June 28, 2023, Bitcoin saw its first downward difficulty adjustment in 56 days, or since May 4, with a decline of 3.26%. This modification lowered the network’s difficulty to 50.65 trillion from its record high of 52.35 trillion on June 14. Bitcoin Mining Gets a Breather: Difficulty...
Blockchain revolution: TMS Network’s technology vs Avalanche and ApeCoin
29.6.2023
The TMS Network maintains its impressive rise, achieving remarkable token growth in its presale event phase four. With total fundraising of $6 million since launch, TMS Network (TMSN) has outperformed struggling platforms like Avalanche (AVAX) and ApeCoin (APE). This article explores the unique...
MAS designs a framework for digital asset networks
27.6.2023
The Monetary Authority of Singapore has successfully designed a valid framework, making it easier for digital asset networks to operate in the region. It will basically help in designing a network of digital assets that are open and interoperable. Titled Enabling Open & Interoperable Networks...
Singapore's MAS Proposes Design Framework for Interoperable Digital Asset Networks
26.6.2023
Banking giants like Standard Chartered, HSBC and Citi are set to run multiple tokenization trials across financial asset classes
First Mover Americas: BTC Crosses $30K and Bitcoin Layer 2 Stacks Networks Gains 15%
22.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Arpa Network Goes Live on Ethereum Mainnet
21.6.2023
ARPA Network will also initiate the minting of the remaining 500 million arpa (ARPA) tokens that have been reserved for staking rewards out of its max supply
Defi TVL Holds Steady Above $42 Billion as Lido Finance Dominates With $12.69 Billion Locked
18.6.2023
On June 18, 2023, the total value locked (TVL) in decentralized finance (defi) protocols has been rangebound and hovering at just above the $42 billion range. Presently, Lido Finance dominates the value locked in defi with $12.69 billion or 29.76% of the aggregate. During the last month, the...
New Study Highlights Bitmain’s S19 Mining Rigs Dominate Bitcoin Network’s Hashrate
14.6.2023
Coin Metrics researchers published a groundbreaking study on June 13, unveiling an innovative nonce analysis methodology for bitcoin mining. This research enables experts to dissect and identify the specific mining rigs responsible for contributing hashrate to the network, while also evaluating...
Craig DeWitt, Co-Founder at Supermojo, on Creating New Payment Networks, Ripple, and NFT Payment Solutions | Ep. 237
9.6.2023
In an exclusive interview with cryptonews.com, Craig DeWitt, Co-Founder of Supermojo, talks about the future of alternative payment methods using blockchain technology, creating new payment networks separate from ACH, and automatically creating wallets and self-custody options....
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Swift and Chainlink Will Test Connecting Over a Dozen Financial Institutions to Blockchain Networks
6.6.2023
In a new set of experiments Swift will collaborate with major financial market institutions like Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear and Lloyds Banking Group