Number of Ether Staked Has Surged by 4.4 Million Since Shapella Upgrade
[May 23, 2023 2:08 AM] Staking refers to locking coins in the blockchain network in return for rewards.
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Bitcoin volatility drops amid decline in liquidity, but a possible catalyst is approaching
[May 22, 2023 3:30 PM] Bitcoin volatility has dropped as new liquidity is not flowing into the market, but on-chain data presents multiple reasons why BTC investors continue to hold.
Korean crypto executives allegedly profited $2.3M from coin listing scandal
[May 22, 2023 10:33 AM] Projects were allegedly swayed into signing contracts with dubious market makers as consideration for listing on crypto exchange Coinone.
Russia ‘Actively’ Working on SWIFT Alternatives, Foreign Ministry Official Says
[May 22, 2023 3:30 AM] The Russian Federation is collaborating with partners to link payment systems alternative to the interbank messaging system SWIFT, a representative of the country’s Ministry of Foreign Affairs announced. The work is part of the de-dollarization of…
Bitcoin Blockchain Continues to See Growth in Ordinal Inscriptions and BRC20 Tokens
[May 21, 2023 3:30 PM] As of Sunday, May 21, 2023, over 8.3 million Ordinal inscriptions have found their place on the Bitcoin blockchain, accompanied by a count of 24,677 BRC20 tokens. These new BRC20 tokens have also amassed a collective market capitalization of $483…
Africa and Asia-Focused Fintech Jia Raises $4.3 Million in Seed Funding Round
[May 21, 2023 5:30 AM] Jia, a blockchain fintech startup, recently revealed it has raised $4.3 million in a seed funding round which was led by the early-stage consumer crypto fund TCG Crypto. Jia has said it will use the funds raised to bolster its Kenyan and…
Attacker hijacks Tornado Cash governance via malicious proposal
[May 20, 2023 9:26 PM] The total control over Tornado Cash governance allows the attacker to withdraw all of the locked votes, drain all of the tokens in the governance contract and brick the router.
Bitcoin Transaction Backlog Shrinks, but Over 289,000 Still Await Confirmation
[May 20, 2023 1:30 PM] Although Bitcoin’s network transaction fees have decreased and a portion of the unconfirmed transfer backlog has diminished, the protocol still grapples with over 289,000 transactions awaiting confirmation. As of this writing, more than 218…
Bank of Russia Expects Significant Growth in Digital Assets Market
[May 20, 2023 4:30 AM] The Central Bank of Russia predicts an increase in the issuance of digital assets, citing some of their advantages. The monetary authority has published a report presenting the progress made by the growing industry and assessing the prospects for…
Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak
Web3 zombie apocalypse is here: Last Remains joins Cointelegraph Accelerator
[May 19, 2023 3:21 AM] Backed by industry heavyweights; this new blockchain game aims to get a foothold in the competitive arena.
Litecoin Is Undervalued, Onchain Indicator Suggests
[May 19, 2023 2:34 AM] Litecoin has rallied nearly 31% so far this year, but is still trading at discounted prices, according to an onchain metric called the MVRV Z-score.
Blockchain arms race risks being won by 'adversarial nations' — US crypto lobby group
[May 18, 2023 9:25 PM] The Chamber of Digital Commerce has urged Congress to set up a Digital Asset and Blockchain Technology Solarium Commission to develop crypto regulation.
Litecoin Network Surges With Activity as Ordinal Inscriptions Drive Transaction Volume
[May 18, 2023 3:00 PM] Based on recent data, the Litecoin (LTC) network has seen a considerable surge in activity due to an increase in Ordinal inscription minting happening on its blockchain. The cryptocurrency’s value has risen by more than 13% in the past week…
Axie Infinity Origins Breaks Through Apple’s App Store Barrier, Now Accessible to Select iOS Users
[May 17, 2023 3:30 PM] Axie Infinity Origins, the blockchain-based, play-to-earn (P2E) game, has successfully cleared Apple’s rigorous App Store review process and the game’s app is now available for Apple iOS users. Sky Mavis, the creator behind Axie Infinity, has…
Optimism (OP) Trading Volume Soars Amid Bullish Price Surge
[May 17, 2023 1:30 PM] Optimism is trading in the green today, with its trading volume up by over 54%. OP traded at $0.9231 on January 1, 2023, and peaked at $3.0294 on February 7, close to its all-time high value of $4.5692. Currently, OP is at the $1.6 price level as…
Ethereum Briefly Stopped Finalizing Transactions. What Happened?
[May 17, 2023 1:30 PM] The loss in finality meant that blocks could have been tampered with, and while it isn’t supposed to affect end-user experiences, it did lead to some inconveniences for some applications.
Algorand (ALGO) Price Turns Positive, Bulls Eyeing Further Gains?
[May 16, 2023 1:30 PM] Algorand (ALGO) has recovered from the bearish trend seen at the end of February 2023. From February 21 till May 8, ALGO recorded a loss of 45.13%, dropping to a low of $1.592. Despite the crash, buyers still pushed up the price of ALGO by more…
Bitcoin’s Ordinal Inscriptions Surpass 7 Million Mark, Fueling the Trend’s Unstoppable Momentum
[May 16, 2023 11:30 AM] On May 15, 2023, the number of Ordinal inscriptions surpassed the 7 million mark and as of 9:00 a.m. Eastern Time on Tuesday morning, 7,204,882 Ordinal inscriptions have been added to the Bitcoin blockchain. Miners have collected 1,324 bitcoin in…
Bitcoin's Realized Price on Cusp of Flashing Major Bullish Signal
[May 16, 2023 7:06 AM] Bitcoin's realized price looks set to cross above the average on-chain acquisition price of long-term holders, indicating a prolonged bullish period ahead.
What Does Nigeria’s Blockchain-Friendly Regulatory Change Mean For Bitcoin Adoption?
[May 16, 2023 6:00 AM] This is an opinion editorial by Heritage Falodun, a Bitcoin consultant and computer scientist based in Nigeria.On May 3, 2023, during a federal executive council meeting presided over by President Muhammadu Buhari at the council chamber in Abuja…
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…
Crypto Achilles Heel: How The Absence Of Settlement Infrastructure Is Holding Back The Market
[May 15, 2023 8:00 PM] Ram Ahluwalia, the CEO of PeerNova, recently commented on the liquidity challenges the crypto market faces. According to Ahluwalia, the lack of a crypto bank settlement layer has led to a significant drying up of liquidity, hurting market makers…
US Secret Service holds crypto, praises blockchain tech in Reddit AMA
[May 15, 2023 7:25 PM] In a crypto-themed AMA session on Reddit on May 15, the U.S. Secret Service answered a wide range of questions and revealed their little-known NFT collection.
NFT Sales Surge 31% This Week as Bitcoin NFTs Secure Second Place in Blockchain Sales
[May 14, 2023 2:30 PM] Non-fungible token (NFT) sales witnessed a minor rise last week, registering a humble increase of around 1.46% compared to the preceding week. The cumulative value of NFT sales amounted to $149.31 million from April 29 to May 6, 2023. Nevertheless…
‘The Future of Digital Payments Lies in Web3 Payment Services’ Says Robert Miller of Fuse
[May 14, 2023 6:00 AM] Despite not being mainstream payment solutions yet, cryptocurrency-based payments (also known as Web3 payments) already bring benefits such as lower transaction fees, Robert Miller, the vice president of growth at Fuse, a layer 1, EVM-compatible…
Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts Network
[May 13, 2023 2:00 PM] On Friday, Ethereum’s Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finalizing blocks. However…
Sleeping Bitcoin Wallet Awakens: $3.7M Worth of BTC Suddenly Moves After Close to 12 Years of Dormancy
[May 12, 2023 4:30 PM] On May 11, 2023, a long-inactive bitcoin wallet sprang to life and transferred a substantial 139.7 bitcoin worth $3.7 million. The address, established on June 19, 2011, has contributed to the year’s total of 1,125.37 bitcoin moved from…
Cardano (ADA) Bounces Back From The Red Zone, Will It Continue Minting Gains?
[May 12, 2023 9:40 AM] Cardano is gaining slightly today as the bulls seek to rally out of the bearish zone. Its trading volume is down by over 15%, but its price has entered a consolidation phase. ADA is trading above its 7-day low of $0.3512, implying that a return to…
Temporary Transaction Finality Glitch Disrupts Ethereum Network for 25 Minutes, Developers Investigate the Cause
[May 12, 2023 8:00 AM] Ethereum had issues processing transactions on May 11, 2023, at around 4:13 p.m. Eastern Time on Thursday, and transaction finality issues lasted for roughly 25 minutes. Currently, developers do not know what caused the issue and the blockchain is…