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UK Treasury Unveils Crypto Asset Regulatory Framework – Here’s What You Need to Know
31.10.2023
The UK government has issued a comprehensive response to its consultation on crypto asset regulation, unveiling a final regulatory framework based on input from businesses, experts, and significant market events, including the ongoing FTX court case. With these proposals, the UK government...
IRS proposes unprecedented data-collection on crypto users
23.10.2023
The IRS is looking to require crypto service providers to collect unprecedented swaths of data about their users — including names and Social Security numbers
Economist Peter Schiff Warns of Biggest Bond Market Crash and ‘Unprecedented’ Financial Crisis
29.9.2023
Economist Peter Schiff has warned of an impending biggest bond market crash in U.S. history. “The coming economic and financial crisis will be unprecedented in size,” he added. “The stagflation nightmare will soon be a full-blown reality. Very few investors are actually prepared...
Suspected $28 Million Coinex Hot Wallet Hack Emerges
12.9.2023
Numerous reports have surfaced, pointing to a potential security breach in Coinex’s hot wallets, suggesting a hacker’s involvement. Peckshield, a blockchain security and data analytics firm, observed a concerning pattern – an unusual outflow of substantial assets originating...
DeOrderBook Set to Launch on Ethereum Mainnet, Pioneering Truly Trustless DeFi Optionality
29.8.2023
PRESS RELEASE. DeOrderBook, a groundbreaking decentralized finance (DeFi) optionality protocol, is gearing up for its Ethereum mainnet launch, ushering in a new era for DeFi users who seek unprecedented capital flexibility, advanced hedging mechanisms, and sustainable real yield. At launch,...
Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands
26.8.2023
In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands. Furthermore, these mining operations have reportedly been...
Trump Mugshot Fuels NFT Sales: Ex-President’s Digital Cards Jump 426%
25.8.2023
After a mugshot of the 45th U.S. president, Donald Trump, was snapped at Fulton County Jail in Atlanta, his NFT trading card sales skyrocketed. Cryptoslam.io data shows a whopping 426% surge in Trump’s digital card sales in just 24 hours. Trump’s Unprecedented Mugshot Sparks NFT Card...
BNB, Solana, VC Spectra: Crypto titans racing for unprecedented returns!
23.8.2023
Currently, BNB is at the precipice of a potential 30% crash or a great price redemption, depending on how BNB bulls act. Meanwhile, Solana is on the brink of a further price decrease, followed by a positive correction. Even though both BNB and Solana (SOL) are promising gains soon, neither...
As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn
21.8.2023
Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second most prolific day for inscriptions ever. Additionally, over the past seven days, Ordinal inscriptions represented a hefty 53.9% of all transaction...
Inside Shibarium's Launch Hiccups: How the SHIBarmy Battled Unprecedented Traffic Surge
17.8.2023
The highly anticipated Shibarium launch proved that no amount of preparation can truly brace a project for the unanticipated strength and fervor of its community.
This comes after huge traction caused a storm amid the Shibarium launch, fuelling wild speculation on crypto twitter and triggering...
IEA Report: Oil Prices on the Brink of Soaring as Supply Narrows and Demand Shatters Records
12.8.2023
The stage is set for a potentially striking upswing in global oil prices, as supply constricts and demand ascends to unprecedented levels. With oil reserves dwindling at a breakneck pace, OPEC’s spare capacity restrained, and powerhouse consumers like China and India snapping up record...
Bitcoin’s Historic Surge: Record 682,281 Transactions in a Day Mark 2023 as Year of Increased Activity
6.8.2023
In a year marked by historic milestones, the Bitcoin network has recorded its most active period ever, processing the highest number of confirmed transactions per day. The network reached an all-time high on May 1, 2023, with 682,281 transactions. This unprecedented activity began its upward trend...
Navigating the Storm: Defi’s Precarious Position Amid a String of Exploits and Market Declines
4.8.2023
In the wake of July’s unprecedented wave of decentralized finance (defi) breaches, including Curve Finance’s staggering $62 million exploit, the defi economy has plummeted into a gloomy state. Hovering perilously close to dipping beneath the $40 billion threshold, the total value...
Algeria Readies $1.5B BRICS Bid: Major Move for Membership in the Cards?
25.7.2023
As quoted by Ennahar TV, Algerian president Abdelmadjid Tebboune has signaled that Algeria — Africa’s largest nation — is eager to align itself with the BRICS coalition. He conveyed that this significant alignment with the five major emerging economies could potentially unlock unprecedented...
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...
Unidef Launches Revolutionary Initiative to Assist Crypto Community Affected by Centralized Platforms Misconduct
11.7.2023
PRESS RELEASE. Dubai, UAE — Jul 11, 2023 – In an unprecedented move, Unidef (unidef.org), a global organization advocating for decentralized empowerment, has taken an extraordinary step to safeguard the crypto community that has been negatively affected by the recent contentious financial...
Putin Warns of Increased Financial Crisis Risk — Says Russia Is Being Subjected to Hybrid War
7.7.2023
Russia’s President Vladimir Putin has warned of increased “risks of a new global economic and financial crisis against the backdrop of an uncontrolled debt accumulation by developed countries.” He added that Russia is “being subjected to a hybrid war, with illegitimate anti-Russian sanctions that...
Bitcoin Miners Achieve Unprecedented Success: Q2 2023 Fee Revenue Hits $184M, Outpacing 2022
6.7.2023
A recent report shows that Bitcoin miners have witnessed a notable achievement, surpassing its previous 2022 record.
The report revealed that the miner made over $100 million from transaction fees alone in the second quarter of 2023.
The amount accumulated is over five times the total fees earned...
Bitcoin Mining Difficulty Reaches Unprecedented Highs Amidst Challenging Market Conditions
14.6.2023
On Wednesday, June 14, 2023, at block height 794,304, the Bitcoin network recorded its third consecutive mining difficulty increase since May 18. The mining difficulty climbed by 2.18%, bringing the overall difficulty to another unprecedented high at 52.35 trillion. Bitcoin Mining Difficulty Hits...
Dogecoin’s Transaction Surge Surpasses Bitcoin and Ethereum With 2 Million Transactions Settled in 24 Hours
28.5.2023
The Dogecoin blockchain has witnessed a significant surge in transaction activity ever since the inception of DRC20 tokens. When compared to other prominent networks, Dogecoin has stood out with its substantial volume of processed transactions. Recent statistics reveal an unprecedented milestone...