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Polymarket Hits Record $472.87M in August Volume Amid Election Betting Frenzy

[Sep 1 5:35 PM] The blockchain-powered prediction market Polymarket saw an additional $85.84 million in trading volume during August, marking a notable uptick from July. August’s volume of $472.87 million set a new high, surpassing every month since…

US Spot Bitcoin ETFs See Second Day of Inflows, Amassing $294.9 Million

[Jul 9 8:30 AM] On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced their second consecutive day of inflows, accumulating $294.9 million. Blackrock’s IBIT dominated the trading sessions, attracting $187.21 million in inflows…

MakerDAO and Sherlock team up for historic $1.35M security audit contest

[Jun 25 5:59 AM] MakerDAO partners with Sherlock for a record-breaking $1.35 million audit contest, launching on July 8 and ending on Aug. 5, to ensure top-tier security for its Endgame phase.

A Tumultuous August: Peaks and Valleys in Bitcoin’s Ordinal Inscription Saga

[Aug 14, 2023 8:30 AM] Statistics reveal a continued trend in the number of Ordinal inscriptions, which recently eclipsed the 23 million mark. The month of August, however, has experienced two notable dips, each registering fewer than 100,000 inscriptions per day. These…

Worldcoin’s Launch Propels Optimism to Record-Breaking Daily Transaction Volume

[Jul 28, 2023 1:30 PM] With the recent launch of Worldcoin’s token, worldcoin (WLD), Optimism has experienced a surge in daily transactions, reaching an all-time high on July 27. Data reveals that 944,000 Optimism transactions were processed on Thursday, with WLD…

Bitcoin Mining Difficulty Reaches Unprecedented Highs Amidst Challenging Market Conditions

[Jun 14, 2023 8:00 AM] 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…

Dogecoin’s Transaction Surge Surpasses Bitcoin and Ethereum With 2 Million Transactions Settled in 24 Hours

[May 28, 2023 10:00 AM] 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…

DAO Treasuries Surge: From $8.8B to $21.5B in 90 Days, Marking a 144% Increase

[May 20, 2023 9:30 AM] According to archived records, 4,833 decentralized autonomous organization (DAO) treasuries held $10.8 billion on April 15, 2022. Over the course of 309 days, by February 19, 2023, the treasuries dwindled to $8.8 billion. However, during the past…

Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak

[May 19, 2023 8:30 AM] On May 18, 2023, at block height 790,272, Bitcoin’s difficulty reached an all-time high after rising 3.22% on Thursday. The network’s difficulty is now at an impressive 49.55 trillion, or 0.90% away from 50 trillion hashes, making it…

Despite Transfers Lingering in the Mempool, Bitcoin’s Daily Transaction Rate Taps All-Time High

[May 15, 2023 9:32 PM] Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height 787,895, the cryptocurrency’s hashrate soared to 491 exahash per second (EH/s). Moreover, on April 20, at block height 786,240, the…