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Report: Bitcoin Miners’ Revenue Down by More Than 30% in the Last 6 Months
2.12.2023
In the past six months, Bitcoin miners’ revenue has dropped by more than 30%, with November revenues approximately $270 million lower than October revenues. The drop in Bitcoin miners’ revenue is attributed to Bitcoin price volatility, increased competition, and higher electricity...
Today in Crypto: Banxa and Cardano’s Yoroi Wallet Enable In-app Fiat On/Off Ramping, Bybit Reveals Personality-Based Trading NFT/USDT Competition
27.11.2023
Source: AdobeStock / RareStock Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Wallet news Web3 on-and-off ramp solution Banxa announced that it, in partnership with Cardano’s Yoroi Wallet...
F1 Driver Pierre Gasly To Wear Fan Designed, Binance-Inspired Helmet At Abu Dhabi GP
23.11.2023
Binance unveils winner for a fan-designed helmet competition for BWT Alpine F1 driver, Pierre Gasly. Gasly will wear the fan-designed helmet during the Abu Dhabi Grand Prix later this month. Binance will also offer fans a chance to win exclusive opportunities during the Grand Prix, including...
Coinext Crypto Exchange CEO Highlights Competitiveness Driven by Brazil’s Crypto Regulatory Environment
16.11.2023
Source: AdobeStock / WavebreakMediaMicro José Ribeiro, the CEO of the cryptocurrency exchange Coinext, shared his perspective on Bitcoin and the crypto landscape in Brazil during the Web Summit in Lisbon. During the Web Summit, Ribeiro discussed the vibrant crypto economy in Brazil and the growing...
CBDCs Good for Payments, Even With Competition: IMF
15.11.2023
The International Monetary Fund's planned CBDC handbook offers guidance for policymakers on how to explore digital versions of sovereign currencies
Binance Faces Erosion in Market Dominance with 10% Decline in Trading Volume Amidst Rising Competition: Report
13.11.2023
Source: Adobe According to the November 6 report by blockchain analytics firm 0xScope, Binance has maintained its position as the top centralized exchange, with a significant market share; however, its dominance has weakened over the past year, with a continuous decrease in trading volume...
Competition in Digital Markest Hits G7 Nations' Radar
9.11.2023
Policymakers from the Group of Seven advanced nations agreed to collectively coordinate scanning for early warning signs that may tip competition in digital markets
Financial Giant Fidelity Addresses 9 Common Bitcoin Criticisms and Misconceptions
8.11.2023
Financial services giant Fidelity has addressed nine common Bitcoin criticisms and misconceptions, emphasizing that some of them are “either unfounded or unlikely to be a serious concern.” They include volatility, suitability as a payment method, environmental impact, competition...
Binance Launches High-Yield USDT Earning Program Amid Fierce Market Competition
7.11.2023
This week, Binance, the world’s leading crypto exchange by trading volume, announced the introduction of a tether (USDT) earning program with up to a 13% annual percentage yield (APR). Binance’s USDT earn product joins a slew of other digital currency trading platforms offering yield...
Lack of Global Regulation and Inconsistencies Could Hinder Stablecoin Cross-border Utility: CPMI Report
31.10.2023
Financial authorities continue to tip stablecoins as a pathway to better cross-border payments but a new report shows that regulations, competition, and network scale pose threats to wider adoption. The Committee on Payment and Market Infrastructures (CPMI) explained the vast utilities...
ZkDay conference and Pitch competition comes to Istanbul on Nov. 13
30.10.2023
ZkDay Istanbul is all set for Nov. 13! The event marks the continuation of the premier zero knowledge-focused community conference
Bitcoin Difficulty Soars to Record 62.46 Trillion, Miners Unfazed Amidst Tight Competition Between Foundry and Antpool
30.10.2023
On October 29, 2023, Bitcoin’s difficulty rose 2.35%, reaching a record 62.46 trillion. This uptick represented the fourth consecutive rise over the preceding six weeks. The next difficulty epoch is slated for November 12, 2023, and as it stands, the recent spate of increases seems to have left...
Expert Traders Recommend Keeping an Eye on This Emerging Coin – Here’s Why
25.10.2023
In a business environment marked by relentless change and intense competition, staying ahead has never been more challenging—or more important. The increased pace of innovation is creating an imperative for timely, data-driven choices. In this context, predictive analytics is proving to be...
Dev platform Stack Overflow axes 28% of staff as AI competition grows
17.10.2023
The technology Q&A forum has seen declines in web traffic since the launch of ChatGPT in 2022
Renowned Investor Jim Rogers Warns of US Dollar Dominance Ending — Sees Chinese Yuan as the Only Competitor
12.10.2023
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has reiterated his warning of the end of U.S. dollar dominance. “I know that the era of the U.S. dollar is coming to an end. No currency stayed on top forever,” he stressed, adding that...
$250,000 Klever Blockchain Hackathon Open for Applications
22.9.2023
PRESS RELEASE. Switzerland – Date: 22nd September 2023. Venue: Online at Klever Hackathon Portal Event Overview: Klever.org is taking the lead in the evolution of blockchain technology. Inviting developers globally, we’re hosting the Klever Hackathon 2023, an event poised to be...
Busan is developing an Ethereum-compatible mainnet to become a 'Blockchain City'
21.9.2023
The city administration behind the project aims to make Busan a blockchain city and has launched a $75 million development plan to realize the goal
Weak competition in AI race could hurt consumers: UK watchdog
19.9.2023
The UK's Competition and Markets Authority wants to prevent AI from being used to undermine consumer trust
Coinbase To Implement Bitcoin Lightning Network For Faster Transactions Amid Growing Competition
13.9.2023
Coinbase CEO Brian Armstrong has announced the decision to integrate the Bitcoin (BTC) lightning network aimed at cheaper and faster transactions.
The move will see the exchange join Binance, Bitstamp, Kraken, and OKX in implementing the solution as the competition for the global market thickens....
Canaan to Launch Avalon 14 Series Bitcoin Miner With Advanced 1X J/TH Efficiency
7.9.2023
In mid-August, Bitmain revealed its intention to launch a new Antminer featuring an efficiency rating of 1X joules per terahash (J/TH). Three days after this disclosure, Canaan also announced plans to unveil a novel product but with little details. Canaan has since offered more information...