The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the Ministry of Energy. The department supports a b...
Tag: usage
Bitcoin Crime Usage Drops to 1%, but Banks are Biggest Culprits
Illicit Bitcoin activity dropped sharply over the past decade and now accounts for under 1% of BTC usage. But legacy banks may be the biggest culprits when it comes to crime and money laundering. Cryp...
Stablecoin usage remain high despite crypto winter
Reflexity Research cofounder Will Clemente tweeted on Dec. 5 that stablecoins were one of the few crypto use cases that have found product market fit despite the current market condition. Stablecoin a...
Guangzhou Traffic & Metro Usage Confirms New Government COVID Policies, Week In Review
China Last Night KraneShares Week in Review US and Hong Kong-listed internet stocks outperformed this week on reopening speculation and earnings. Pinduoduo and Bilibili reported better-than-expected Q...
OpenSea’s Ethereum gas usage has declined to almost zero
CryptoSlate’s analysis of gas consumption on the Ethereum (ETH) network based on transactions interacting with non-fungible tokens contracts showed that OpenSea’s gas usage has declined to almost zero...
Coinbase Wallet delists Bitcoin Cash, XRP, and two tokens over low usage
Starting January 2023, Coinbase Wallet will no longer support four major tokens: Bitcoin Cash (BCH), Ethereum Classic (ETC), Stellar Lumen (XLM), and Ripple (XRP). Coinbase cites “low usage” for its d...
Coinbase to delist BCH, ETC, XLM And XRP over Low usage
Starting December 5, Coinbase Wallet will oust a number of cryptocurrencies from its supported assets. These include BCH, ETC, XLM, and XRP. However, it plans to retain users’ funds in their subsistin...
Xumm Implies No One Uses Coinbase Wallet, Slams Coinbase For Insinuating XRP Has Low Usage
– Advertisement – Xumm Implies No One Uses Coinbase Wallet As Coinbase Ends XRP Support. XRP Ledger native wallet Xumm claps back at Coinbase for insinuating that XRP has low usage. Xumm...
Coinbase Wallet will stop supporting BCH, ETC, XLM and XRP, citing ‘low usage’
Coinbase Wallet will no longer support four major tokens as of Dec. 5. In a Nov. 29 notice on its help pages, Coinbase said the wallet will no longer support Bitcoin Cash (BCH), XRP (XRP), Ethereum Cl...
Ethereum Layer 2 Network Gas Usage Hits Record Highs
Gas usage on layer 2 networks for Ethereum hit an all-time monthly high. The statistic has grown by roughly 300% year over year. The Ethereum network shows increased layer-2 activity, as the amount of...
Singapore’s attempt to separate blockchain usage and crypto will not work: Vitalik Buterin
Singapore’s well-meaning attempt at crypto regulation may not work out, given its skeptical approach to the asset class, Ethereum co-founder Vitalik Buterin said in an interview with The Straits Times...
Arbitrum Usage Spikes by Almost 500% in 90 Days
Vladislav Sopov Seasoned analyst and advisor Natascha Che, founder of Tascha Labs, shares her views on best and worst performers amid L1 and L2 protocols Contents Arbitrum on fire, Avalanche and Flow ...
Musk Celebrates New Twitter Usage High as Engineers Flee Company
(Bloomberg) — Twitter Inc. owner Elon Musk tweeted out an upbeat message saying the company beat its all-time high in usage late Thursday, on a day when many employees decided to leave the compa...
Sony tries to patent NFT and blockchain technology usage in games
Japanese gaming giant Sony Interactive Entertainment is trying to patent a system for tracking unique in-game digital assets using tokens on a distributed ledger. Last week, the World Intellectu...
Uniswap web usage soars as crypto traders transition to self-custody
Demand for self-custody pushes triggers for more Uniswap utility. UNI’s long-term outlook has improved after last week’s events. Uniswap just announced that the number of users on its web app recently...
Bitcoin’s Energy Usage Spikes To 41% In 12 Months Amid Increasing Regulatory Interest In PoW Mining ⋆ ZyCrypto
Advertisement     A new report shows a 41% spike in creating new blocks on the Bitcoin network. Bitcoin consumes 0.16% of global energy usage and is responsible for 0...
Helium boasts of increased usage, but there’s more than meets the eye
The Helium Network, which garnered a lot of interest after its migration to Solana, witnessed a massive uptick in terms of its usage and other metrics over the past year. Here’s AMBCrypto’s Price Pred...
Minted launchpad eases NFT usage via free minting feature
Minted Launchpad is live, allowing users to mint and trade their favorite NFTs on the platform. Moreover, they can browse a wide range of collections with security and ease of use as top priorities. W...
Apple Has Its New Guidelines for NFT and Crypto Usage on App Store
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto indu...
Visa beats on earnings, increases dividend by 20%
Visa Inc. topped earnings expectations for its latest quarter, with the company’s chief executive calling out strong spending trends despite “short-term uncertainty.” The company reported fiscal fourt...
Solana (SOL) Sees Drop In NFT & DeFi Usage
Is Solana summer over? Seasonality might suggest so, but if that’s enough for you, the blockchains usage across both defi and NFT landscapes has been falling recently. Competing chains are making targ...
Coinbase, SmartPay Efforts Could Boost USDC, USDT Usage Outside US
Tether has gained market share from USDC in recent months, growing to 48% of the stablecoin market Three times more USDC is bought with USD versus non-USD currencies, according to Coinbase The two lar...
EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy – Mining Bitcoin News
Authorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy supplies from Russia, the reliance on which it has been trying ...
Russian stablecoin usage surged after Ukraine invasion: Report
A new report from blockchain analytics firm Chainalysis has shown a surge in stablecoin usage in Russia following the Russian invasion of Ukraine, which has since seen sanctions and inflation impactin...
Meet The Obscure Token That Ate Up Nearly Half Of Ethereum’s Recent Gas Usage
A new Ethereum-based token is burning ETH at a rapid clip and has diluted in price just as quickly – but all by design. The XEN token has accounted for nearly half of Ethereum gas in a 24-hour window ...
Turkey Tops MENA Crypto Usage Chart After 80% Inflation
The Middle East & North Africa (MENA) is the fastest-growing crypto market in the world, according to a report by blockchain analytics firm Chainalysis. Data from the report revealed that users in...
Copper Chief Risk Officer Says ‘Cellular Explosion’ Will Accelerate Crypto Usage
First nation to commit to a central bank digital currency will start “an avalanche of very similar types of evolution,” Tim Neill says Non-crypto firms such as Mastercard will be unable to pivot at a ...
The Central African Republic Limits Sango Coin Usage
Not that long ago, the Central African Republic (CAR) – one of the poorest nations on the continent of Africa – announced that it was basically following in the footsteps of the Central American natio...