Blockstream CEO Adam Back has made a bold prediction about the future of Bitcoin (BTC). He believes that the cryptocurrency will hit $100,000 before its next halving event. This has sparked both excitement and skepticism within the crypto community. Back also suggests that under a bullish scenario, Bitcoin could potentially reach between $750,000 to $1 […]
The recent vote by the Arbitrum community has resulted in the distribution of additional funds for projects approved for a grant but not funded due to the cap on ARB tokens. A total of 21.1 million ARB tokens worth $23.4 million will be distributed to 26 projects. This decision was made after receiving 216.7 million […]
The recent vote by the Arbitrum community has resulted in the distribution of additional funds for projects approved for a grant but not funded due to the cap on ARB tokens. A total of 21.1 million ARB tokens worth $23.4 million will be distributed to 26 projects. This decision was made after receiving 216.7 million […]
CoinChapter.com reported that the class-action lawsuit against Do Kwon in Singapore is still ongoing. The High Court of Singapore rejected Terraform Labs and Do Kwon’s attempt to dismiss the lawsuit, which was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 claimants. The lawsuit alleges fraudulent misrepresentation by Terraform […]
CoinChapter.com reported that the class-action lawsuit against Do Kwon in Singapore is still ongoing. The High Court of Singapore rejected Terraform Labs and Do Kwon’s attempt to dismiss the lawsuit, which was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 claimants. The lawsuit alleges fraudulent misrepresentation by Terraform […]
Hut 8 Mining Corp., a North American Bitcoin miner, has completed a merger with US Bitcoin Corp (USBTC) and rebranded as Hut 8 Corp (New Hut). The newly formed company will begin trading on the Nasdaq and Toronto Stock Exchange under the ticker symbol “HUT” by December 4. Under the merger terms, New Hut shares […]
Hut 8 Mining Corp., a North American Bitcoin miner, has completed a merger with US Bitcoin Corp (USBTC) and rebranded as Hut 8 Corp (New Hut). The newly formed company will begin trading on the Nasdaq and Toronto Stock Exchange under the ticker symbol “HUT” by December 4. Under the merger terms, New Hut shares […]
Flare Labs, the blockchain research and development arm of Flare network, has launched an initial private beta test of its FAssets on the Coston network. This move aims to bring smart contract capabilities to tokens that currently do not have them. The beta test will cover all major components of the system and involve Flare […]
Sui, a Layer 1 blockchain and smart contract platform, has achieved remarkable growth since its mainnet launch just over six months ago. It has surpassed $150 million in Total Value Locked (TVL), placing it among the top 20 blockchains in TVL. The platform has also surpassed $100 million in bridged stablecoins and has processed more […]
A recent public consultation conducted by the Bank of Canada on the country’s central bank digital currency (CBDC) initiative has revealed a negative sentiment among Canadians. The consultation aimed to explore the role of CBDCs in a digital payment landscape dominated by credit cards. However, the survey, which received 89,423 responses, showed that Canadians are […]
