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Blockchain
Binance Suspends Eight Altcoins Tied to Bridge Protocol Multichain After May Incident
Binance, the largest crypto exchange in the world, has suspended deposits and withdrawals for eight altcoins tied to bridging platform Multichain.
In a new announcement, Binance says it’s halting support for Alchemy Pay (ACH) via the…
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A New Metric to Evaluate Crypto Ecosystem Fundamentals
The years-to-profitability ratio is a good way to evaluate a level-1 blockchain.
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Bitcoin Emerges as NFT Contender With $463 Million in Sales in 4 Months
In just four months, starting from February 7, 2023, non-fungible token (NFT) sales on the Bitcoin blockchain have soared to $463.68 million. This growth has propelled the network to secure the second-highest number of monthly NFT sales…
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‘Overwhelming’ 92% of People Demonstrate Awareness of Crypto, According to New Consensys Study
A survey commissioned by blockchain software firm Consensys reveals that crypto has achieved global mass awareness.
In the survey that polled 15,158 people aged between 18 to 65 years living in 15 different countries, over 90% of the…
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Okx’s Haider Raffique Optimistic MCFC Partnership Can Help Grow Blockchain
On Friday, June 30, Okx announced an expansion of its existing partnership with recent Champions League winners, Manchester City Football Club. The partnership entails Okx, which previously sponsored the club’s training kit, becoming…
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June 2023 Mining Stats: Bitcoin Hashrate and Difficulty Reach New Peaks While Revenue Lags
Over the past 30 days, bitcoin miners discovered 4,324 block rewards during the month of June, with approximately 37 mining pools dedicating hashrate to the blockchain. The blockchain achieved two milestones in June, as the network reached…
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Bitcoin’s Sats Names Ecosystem Flourishes: 370,000 SNS Names Inscribed
On June 26, 2023, the number of Bitcoin-based Ordinal inscriptions surpassed 14 million, just six days after exceeding 13 million. Inscription activity has continued to rise since then. In addition to text, non-fungible tokens (NFTs), and…
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NFT Sales Dip in June — Ethereum Dominates, Bitcoin Stumbles, and Bored Ape Rises
In June 2023, the sales of non-fungible tokens (NFTs) experienced a decline of 4.3% compared to the previous month. The latest figures show a slide from $739.50 million recorded in May to $707.70 million in June.
June 2023 Sees a Slip in…
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Decentralized Exchange PancakeSwap Goes Live on Polygon zkEVM Blockchain
This will be the popular DEX’s fourth blockchain after Ethereum, Aptos and BNB Chain.
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‘Bitcoin Ordinals Are One of Many Ways to Represent Real-World Assets’ — Wakweli Co-Founder
While non-fungible tokens (NFTs) are generally believed to represent the link between an owner and an asset, without platforms acting as “digital notaries” there can be no effective way of stopping scammers from minting and…
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