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2 years, 1 month ago
Shibarium Team Warns of Prolonged Processing Times for Ethereum Layer2 Withdrawals
The Shibarium team has announced that withdrawals from their Ethereum Layer2 bridge will take longer than usual to process. This was updated on August 28, 2023 at 11:32 am.The bridge is a tool that allows users to…
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2 years, 1 month agoCrypto Market Correction Abating, JPMorgan Analysis Suggests
Cryptocurrency markets have been experiencing a period of correction, but a recent analysis by JPMorgan Chase & Co. suggests that this phase is coming to an end. The liquidation of long positions within the crypto…
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2 years, 1 month agoShiba Inu's Shibarium Average Block Time Could Ignite Bull Run
Shiba Inu’s Layer-2 blockchain, Shibarium, has recently achieved an average block time of 5 seconds, making it one of the fastest Layer-2 blockchains in the cryptocurrency realm. Despite this, SHIB’s price has rem…
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2 years, 1 month agoBitcoin Network Reaches Record Hash Rate Amid Global Energy Crises
The Bitcoin network has achieved a significant milestone, with a record 400 th/s hash rate. This comes at a time when the world is facing an energy crisis, highlighting the need for sustainable mining solutions.The…
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2 years, 1 month agoShiba Inu's Shibarium L2 Scaling Solution Goes Live After Trials and FUD Attacks
Shytoshi Kusama, the lead developer at Shiba Inu, recently announced that Shibarium, an L2 scaling solution from the Shiba Inu blockchain, is live and operating well. The announcement follows a series of trials and…
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2 years, 1 month agoStablecoin Market Cap Shrinks as Bitcoin Price Recovery Faces Pressure
The stablecoin sector has seen a decline in its collective market cap, dropping from over $150 billion a year ago to $123.6 billion as of Aug 28. This is largely attributed to a liquidity crunch, with no new…
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2 years, 1 month agoCrypto Enthusiasts: Carbon Unveils Strategy to Amplify Rewards
Crypto enthusiasts can now optimize their rewards with Carbon’s strategy. The process involves obtaining $SWTH on Demex, transforming it into rSWTH via StaFiHub, bridging it to Terra with TFM, and staking it on T…
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2 years, 1 month agoJPMorgan's Technical Strategist Warns of Stock Market Downturn
JPMorgan’s head of technical strategy, Jason Hunter, has warned that the stock market may see further moves to the downside in the short to midterm. Hunter believes that the “tide is turning” for the S&P 500 after…
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2 years, 1 month agoPomerdoge Emerges as Hot Crypto as Filecoin and Fantom Struggle
Pomerdoge (POMD) is a new project that is quickly gaining attention from investors due to its ability to endure the current unfavorable trend in the crypto market. The project offers great earning opportunities,…
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2 years, 1 month agoIndian Prime Minister Narendra Modi Discusses Global Crypto Regulations at G20
Indian Prime Minister Narendra Modi recently discussed the intricate dynamics of emerging digital technologies in an in-depth interview with Business Today. He highlighted the need for a global framework and…
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2 years, 1 month agoFriend.tech's Explosive Rise and Fall: A Cautionary Tale for Decentralized Platforms
Friend.tech, a social media platform that initially gained attention for its rapid growth, has been hit hard by a sharp decline in crucial metrics, leading many to question its viability in a competitive landscape.…
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2 years, 1 month agoCrypto Exchanges Exclude Sanctioned Russian Banks from Payment Options
At least two major crypto exchanges, ByBit and OKX, have followed Binance in excluding Russian banks under international financial sanctions from their payment options. Tinkoff Bank and Sberbank are no longer…
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2 years, 1 month agoBitcoin Price Stalls Below $26,000 as Altcoins Suffer Losses
Bitcoin’s price has been stagnant for the past month, with only a brief surge on August 17th that saw the asset plummet by 10% to a two-month low of $25,300. After a brief recovery, the asset has been trading j…
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2 years, 1 month agoXRP Price Could Surge if Long-Term Holders Continue to Hold
Ripple’s XRP token has been the subject of much debate in the crypto space, with the U.S. Securities and Exchange Commission (SEC) taking a stance against the token. However, a 2018 internal memo from the SEC’s enf…
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2 years, 1 month agoVitalik Buterin Transfers $4.9 Million in ETH to Unknown Wallet
Vitalik Buterin, the co-founder of Ethereum, recently transferred 3,000 ETH, worth approximately $4.9 million, to a Vb 2 labeled address. According to Etherscan, the transaction took place on Aug. 28 and brought…
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2 years, 1 month agoLaos Suspends Electricity Supply to Crypto Mining Operations
The state-owned electricity distribution company Électricité du Laos (EDL) has announced that it will suspend electricity supply to crypto mining operations in the country due to the struggle to generate enough p…
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2 years, 1 month agoBitcoin Price Struggles as August Becomes Worst Month of 2023
Bitcoin BTC starts a new week still struggling with $26,000 as August becomes its worst month of 2023. Despite holding $26,000 into the close, BTC/USD immediately went downhill thereafter, wicking to $25,880 before…
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2 years, 1 month agoOnlyFans Invests $19.9 Million in Ethereum, Collects $485 Million in Dividends
OnlyFans, a subscription service for adult content, recently revealed that it had invested a portion of its working capital into Ethereum (ETH). As of November 30, 2022, the company had purchased $19,889 million…
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2 years, 1 month agoG20 Summit: India Calls for Global Crypto Regulations Framework
Indian Prime Minister Narendra Modi has called for a global collaboration on formulating crypto regulations during the Group of 20 (G20) summit. India, which currently holds the G20 Presidency, has taken up the…
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2 years, 1 month agoOnlyFans Dives Into Ethereum, Reaps Record Revenues in 2022
OnlyFans, the adult content giant, has made a daring shift into Ethereum, investing $19.889 million into the digital currency. Despite an impairment loss of $8.455 million, the platform still holds a carrying…
