[Feb 28, 2023 8:30 AM] On Monday, Feb. 27, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain crossed 200,000 at 1:02 p.m. Eastern Time. In addition to the 200,000 inscriptions, Yuga Labs, creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens…
[Feb 28, 2023 7:30 AM] With the fact that there can ever only be 22 million Bitcoin in circulation, BTC has always been bound to be scarce over time as the asset flourishes in mainstream adoption while its value continues to rise. According to the latest data from the…
[Feb 28, 2023 6:30 AM] Wallbit, a crypto-enabled neobank, announced it would stop serving users in Venezuela after its banking partner in the U.S. called on it to do so. The platform announced this move was the direct result of the economic sanctions that the country is…
[Feb 28, 2023 12:30 AM] On Monday, Wasabi Wallet and the open-source bitcoin payment processor Btcpay announced a new plugin for the Btcpay server. The plugin implements Wasabi’s Wabisabi coinjoin coordination protocol, allowing merchants to benefit from privacy…
[Feb 27, 2023 1:51 PM] Bitcoin has experienced a correction down to $23,000 over the weekend; with the recent downtrend, the Bitcoin price action needs a significant push above its resistance to confirm a continuation of the bullish trend that began in early 2023. BTC…
[Feb 27, 2023 11:00 AM] Over the last week, the crypto market has seen what can be described as a rollercoaster movement. After coming out of an impressive rally, the digital assets in the space attempted to hold on to their value but a downward spiral would follow…
[Feb 27, 2023 10:15 AM] Stacks is a Bitcoin-adjacent blockchain, and STX is the native token powering it. The network was launched on Bitcoin in 2017 to enable developers to build and launch smart contracts secured by the host blockchain. As the NFTs on the network keeps…
[Feb 27, 2023 9:00 AM] The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular production units capable of housing 3,528…
[Feb 27, 2023 3:00 AM] Some companies in Venezuela are using the stablecoin tether as a way of sidestepping sanctions and settling payments with foreign customers and providers. Local reports indicate that, while the most popular use case for the stablecoin involves its…
[Feb 27, 2023 1:00 AM] Russian marketplaces on the dark web have continued to operate despite Western sanctions and efforts to shut them down, according to a report accessing the illicit blockchain space amid the world’s “first crypto war.” Ransomware actors and…
[Feb 26, 2023 11:00 PM] The Canadian rapper and singer Drake lost $400,000 in bitcoin after betting that the YouTuber-turned-boxer Jake Paul would beat Tommy Fury by knockout. Drake could have potentially raked in a $1.44 million bitcoin payout, but Fury won the fight in…
[Feb 26, 2023 4:00 PM] The two sides in the bitter conflict in Ukraine have been relying on crypto assets and technology to support their military and humanitarian activities, Elliptic says in a report. According to the blockchain forensics company, the targeted nation…
[Feb 26, 2023 11:30 AM] On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron. Liquid…
[Feb 26, 2023 2:00 AM] The draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone its adoption, one of its sponsors announced. Members of the lower house are also working on a separate bill that will introduce liability…
[Feb 25, 2023 11:00 PM] Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow Russians to use their bank cards in…
[Feb 25, 2023 3:00 PM] The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as…
[Feb 25, 2023 1:00 PM] After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market…
[Feb 25, 2023 11:00 AM] The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has…
[Feb 25, 2023 9:00 AM] Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by…
[Feb 25, 2023 7:00 AM] The second-largest bank in Germany, DZ Bank, is preparing to become a provider of custody services for crypto assets. The offering will be facilitated by a partnership with Metaco, a Swiss company that specializes in helping financial institutions…
[Feb 24, 2023 6:05 PM] On Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate…
[Feb 24, 2023 2:00 PM] Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales have been settled over the last seven days…
[Feb 24, 2023 8:30 AM] The crypto market is recording some pullbacks today, as many coins are now red. The global market cap is down by 1.46% in 24 hours, while the other top three coins, BTC, ETH, and USDT, are all red in hourly, daily, and weekly values. But amidst…
[Feb 24, 2023 7:30 AM] Many digital currencies recorded bullish price movements in the last 7 days. However, in the past 24 hours, several tokens, including top coins, have shown signs of corrections. According to CoinMarketCap data, Bitcoin and Ethereum have declined in…
[Feb 24, 2023 4:30 AM] Global crypto exchange Binance is now hiring IT specialists and customer service representatives for its operations in Romania. The leading coin trading platform is also engaged in a number of educational initiatives in collaboration with Romanian…
[Feb 23, 2023 8:30 PM] The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2…
[Feb 23, 2023 5:00 PM] Bitcoin has formed a range at its current trading level, avoiding a drop to the $22,000 area by bouncing off its support at $23,500. Bitcoin is at a crossroads as the bulls and bears are battling to decide which side will come ahead. As of this…
[Feb 23, 2023 4:30 PM] Four Russians have been charged in the U.S. with operating a crypto pyramid and Ponzi scheme that defrauded investors of millions of dollars. If convicted, they would face a maximum penalty of 20 years in prison for their roles in the purportedly…
[Feb 23, 2023 12:30 PM] A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole…
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