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Blockchain
While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit
In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top…
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Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations
It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten…
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50% of Payment Firms See Merchants Embracing Crypto Settlements Within 3 Years (Survey)
A joint study conducted by Ripple and the Faster Payments Council (FPC) estimated that more than half of the surveyed leaders of payment firms think most merchants will accept cryptocurrencies as a settlement method within one to three…
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Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market…
Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over…
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NFT Sales Dip by 32% in the Last Week, Ordinals Squeeze Into Top 10 Collections via Emblem Vault
After a significant spike in February, sales of non-fungible tokens (NFTs) in the last seven days are 32.32% lower than last week. Of the 19 different blockchains, Ethereum accounted for $148.56 million out of the total $186.20 million in…
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Lead Shiba Inu Developer Springs Big Update on Much-Awaited Evolution of Crypto Project Shibarium
Pseudonymous Shiba Inu (SHIB) developer Shytoshi Kusama is dropping a big update on the progress of the highly anticipated layer-2 project Shibarium.
In a new Twitter bio update, Shytoshi Kusama reveals that ShibaSwap is the only official…
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Decentralized Exchange Pancakeswap to Launch Version 3 Iteration in April
On March 4, the decentralized exchange Pancakeswap announced that the team plans to launch its version three (v3) iteration of the platform during the first week of April 2023. Pancakeswap v3 will provide new features and improve liquidity…
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Apple’s Approval Process Delays Uniswap’s Mobile App Launch; Firm Launches Limited Trial Release
On March 3, 2023, Uniswap Labs, the firm behind the decentralized exchange Uniswap, announced the launch of a limited early-release application through Apple’s Testflight program. The company stated that the limited release was due to…
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Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner
On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers…
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Shiba Inu’s Highly Anticipated Shibarium Earns Support From Binance-Backed Gaming Altcoin
A gaming altcoin backed by digital asset exchange Binance is throwing its weight behind the much-anticipated crypto project Shibarium.
VOXEL, the native asset of the tactical RPG game Voxie Tactics, says it’s championing the vision of…
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