A recent survey report by the Bitcoin Mining Council (BMC), a voluntary global group of bitcoin miners who are committed to the network and it’s core principles, has revealed that Bitcoin mining is be...
Tag: crypto price
Five Powerful Ways Elon Musk’s Twitter Could Affect Crypto
Tesla’s CEO and billionaire, Elon Musk, has now acquired the popular social media app, Twitter. The acquisition comes after the tech billionaire had earlier declined an offer to become a board member ...
Crypto Exchange Kraken Obtains Full Financial License in Abu Dhabi
Popular cryptocurrency exchange Kraken has secured a Financial Services Permission (FSP) license from Abu Dhabi Global Market (ADGM) to operate as a regulated virtual asset exchange platform in its ju...
ETH Briefly Flips $2,800 as $200 Million got REKT
A few minutes to the time of writing, Ethereum experienced increased sellers’ congestion that brought it as low as testing its 30-day low. The $2,800 support broke under intense pressure but rebounded...
Solana-based DEX Lifinity Raises $9.6M in IDO
Lifinity, a Solana-based decentralized exchange, raised $9.6 million in a recently concluded initial decentralized offering (IDO). The project raised the amount from over 2400 contributors representin...
Market Trend Hints at ETH Retesting $2,800.
Ethereum started the week losing almost 5% but recovered as the it found support at $2,880. It closed that session gaining a few percent. Ether saw more uptrends on Tuesday as it also closed a little ...
Cardano-based Hoskinsea Sells out 80% Allocated Token as Private Sale Ends in Few Hours
Hoskinsea marketplace is the largest NFT marketplace on the Cardano network. The platform is set to put in place all the advanced functionalities of NFT marketplace drawing some of its features from o...
Binance Recovers $5.8 Million From Axie Infinity’s Stolen Funds
Leading cryptocurrency exchange Binance said it has recovered $5.8 million linked to the recent hack of popular blockchain gaming project Axie Infinity. Binance Recovery of Nearly $6 Million Changpeng...
What is Sweatcoin? An All-in-One Guide for Beginners
Sweatcoin is a move-to-earn digital currency project targeting fitness enthusiasts. It’s designed to make fitness tracking as simple as possible while also rewarding users who achieve certain goals su...
Tron Sees a 15% Increase as KNC Extends Its Uptrend
The crypto market has maintained above $1.9 trillion over the past 24 hours as Tron experiences a 15% increase. Although there has been notable resistance at $1.93T, we observed that sector maintained...
How to Buy Bitcoin (BTC) with SEPA (EU) in 2022
You can buy Bitcoin (BTC) with SEPA using any reliable trading platform. The process typically involves transferring funds from your bank account via SEPA to a centralized exchange that handles the co...
Crypto Exchange Binance to Limit Services to Russian Users
Leading crypto exchange Binance said it will be restricting its services to Russian users in a bid to comply with the European Union (EU) fifth package of sanctions against Russia for its invasion of ...
Ripple CEO Claims Bitcoin Maximalism is Taking Crypto Backward
Ripple CEO Brad Garlinghouse revealed in a recent interview with CNBC that tribalism around Bitcoin (BTC) and other cryptocurrencies is hindering the growth of the entire crypto industry. Garlinghouse...
Nigerian Industry Group Calls Out Public Institutions Over Unlawful Crypto Stance
The Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), a group created in 2018 to promote blockchain adoption in Nigeria, have reached out to public institutions about the wrongful ...
What Is Ethereum? A Ridiculously Simple Guide for Beginners
Ethereum (ETH) is a decentralized network for executing and verifying transactions that use lines of code called smart contracts. Smart contracts on Ethereum allow users to define and settle transacti...
Top Four Cryptocurrencies to Watch This Week: BTC, XMR, GMT, AUDIO
Closing the past week at $1.8 trillion, many will agree that the crypto market failed to excite as most cryptocurrencies lost some percent during this period. It saw a very little uptrend as the beari...
Police Arrest Four in India for Crypto Fraud, Confiscate $2 Million
Police authorities in the southern Indian city of Bangalore have arrested four people who were tied to a cryptocurrency ponzi scheme that operated through an app dubbed ShareHash. According to local ...
U.S. Secret Service Confiscates Over $102M Worth of Crypto Assets
In recent years, the crypto industry has gained significant interest from both institutional and retail investors. Aside from investors adding digital assets to their portfolio, an increasing number ...
Investment Platform Robinhood to Acquire UK-Based Crypto App Ziglu
Robinhood, an American commission-free investing company, announced on Tuesday that it has signed an agreement to acquire the UK-based crypto firm, Ziglu. Robinhood Acquires Crypto App Ziglu In an eff...
Binance Burns $740M Worth of BNB to Boost Deflationary Shock
Leading cryptocurrency exchange, Binance has recently completed the 19th quarterly burn of its native cryptocurrency, the Binance Coin (BNB). The latest burn is the second quarterly BNB Auto-Burn, a n...
Leading Crypto Startup BlockchainCom Plans to Go Public This Year
Leading cryptocurrency services firm BlockchainCom is in discussions with U.S. banks in an effort to conduct an initial public offering (IPO) later this year, Bloomberg reported Tuesday, citing people...
Global NFT Market Trade Volume Crosses $50 Billion Mark
The NFT market has continued to see growth and adoption despite reduced hype as compared to last year. NFT Market Trade Volume Hits $54 Billion According to recent data from crypto market analytics fi...
Association of Russian Banks Wants Ban on Non-Custodial Crypto Wallets
A letter from the Association of Russian Banks (ADB) to the Central Bank and departments showed that the group wants a ban on non-custodial crypto wallets, Izvestia reported on Monday. ADB’s Request f...
The Evolution of Contract Management to Blockchain-based Systems
Contract management is moving from manual or web-based contract management solutions to blockchain-based systems. Smart contracts are faster and easier to execute, making it likely that they will gain...
Credit-Based Stablecoin Beanstalk ($BEAN) Hacked for $182M
Beanstalk, a decentralized credit-based stablecoin protocol that is built on the Ethereum network, suffered a security exploit this weekend. Blockchain security firm PeckShield reported that Beanstalk...
Price Analysis 4/17: BTC, ETH, BNB, XRP.
BTC, as well as other cryptocurrencies, are still suffering from a bearish dominance that extends to the third week. The last two intraweek sessions have seen the crypto market lose a substantial amou...
Iran to Introduce 3-5 Year Prison Term for Illegal Crypto Mining
Iran is set to introduce increased penalties for illegal crypto miners that use subsidized electricity, a local media outlet reported on Saturday. Under the new regulations, offenders will be handed i...
GameInfinity Records Huge Phase One With 2/4 of Presale Allocation Sold
Key Takeaways 4% (10800000) of total token supply 270 million GAMEIN is allotted for presale With the ongoing hype, the team sold out 2% of the tokens with demand still incredibly high. The phase 1 pr...