The supply of wrapped or tokenized Bitcoin has stalled as the demand for decentralized finance cools amid a market-wide retreat. One consequence of the onset of a bear market and plunge in cryptocurrency prices is […]
In the event of harsh Western sanctions, Russians’ savings could be confiscated, according to Nikolai Arefiev, a member of the Communist Party of the Russian Federation and vice-chairman of the Duma’s committee on economic policy. […]
The total value locked on the Lightning Network has tripled since last year to $1.3 billion despite bitcoin’s traversal of sub-$40,000 territory. The number of bitcoins locked in the Lightning Network (LN) has tripled from […]
The nonprofit organization focused on the open-source stablecoin network behind Terra USD, Luna Foundation Guard, has closed on a $1 billion raise through the sale of LUNA tokens. In a Tuesday tweet, Terra said Jump […]
El Salvador’s president has announced plans to offer citizenship to foreign investors in a move likely to further inflame relations with the U.S. The populist Nayib Bukele stopped short of targeting bitcoin-linked investments, but did […]
Computer chip manufacturing giant Intel Corporation shared details of a new mining chip that will be coupled with a high-performance 3,600 Watt miner with the ultimate goal of improving Bitcoin (BTC) mining efficiency. Intel revealed […]
Fishing aficionados, see here. Crypto’s march into the sporting world shows no sign of slowing down. Now, a sports fishing championship has announced that the $1m grand prize will be awarded in cryptocurrency. The Sport […]
One of the main themes among the crypto community in 2021 was China’s aggressive policy toward mining, which led to a complete ban on such activities in September. While mining as a type of financial […]
The Bitcoin network has hit an all-time high in terms of hash rate which has now surpassed the highs it had when China dominated for mining and hash power. On-chain metrics for the Bitcoin network […]
Amid Binance halting its services in countries like Israel over licensing matters, the world’s largest cryptocurrency exchange by trading volume continues strengthening relations with Russia. Binance announced Thursday its entry into the Association of Banks […]
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