Multiple recent operational outages on the Zilliqa network have affected mainnet block production. Nevertheless, the network is fully operational again as of May 10th, and the reason for this is still being investigated. After brief interruptions to block production on mainnet, Zilliqa informed the community that the network was back
May 10, 2024 1 min read
The number of companies having exposure to spot Bitcoin ETFs is increasing, and Wells Fargo is the latest addition to that list. The bank has gained exposure to Bitcoin, according to a recent filing with the SEC, which has sparked discussions among crypto enthusiasts. Gaining exposure to the biggest cryptocurrency
May 10, 2024 2 mins read
According to data collected by BTC.com, the difficulty of mining Bitcoin (BTC) has recently dropped significantly. The hash rate fell 5.63 percent to 83.15 trillion as a result of this latest update. At a block height of 842,688, the modification was made, and the average hash rate was 646.96 EH/s.
May 10, 2024 1 min read
Cryptocurrency exchange Binance is preparing to pay a hefty settlement to Canadian authorities after fresh charges of money laundering. Binance was fined $6 million Canadian dollars by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) on May 9. This amount equals $4.3 million. Criminal charges including money laundering
May 9, 2024 1 min read
The government of Nigeria has spoken out against the bribery allegations made by cryptocurrency exchange Binance, saying that the charges are baseless and an attempt by Binance to get publicity. In response to claims made by Binance CEO Richard Teng—that some Nigerian authorities wanted $150 million in crypto to resolve
May 9, 2024 2 mins read
Tether, the issuer of USDT, has declared intentions to expand its footprint across Eastern Europe. In order to do this, the cryptocurrency company plans to increase its investment in CitiPay.io, a platform that processes payments. It should be noted that this is not the first time Tether, the stablecoin issuer,
May 8, 2024 2 mins read
Synternet, a provider of blockchain data infrastructure, has announced that it has integrated Peaq’s network into its flagship Data Layer. Layer-1 blockchain peaq is intended to serve as the preferred foundation for DePIN and Machine RWAs. It will enable peaq’s on-chain data to be accessed as a live data stream
May 8, 2024 2 mins read
Vitalik Buterin, co-founder of Ethereum, has put up a new suggestion to make the protocol’s smart contract push more sustainable in the long run. Notably, the new proposal has garnered intriguing remarks. The founder of Uniswap, Hayden Adams, raised attention to the Ethereum proposal known as EIP-7702. Adams offers some
May 8, 2024 1 min read
According to the most recent statistics, Bitcoin exchange inflows have hit a level not seen in over ten years. Since Bitcoin’s all-time high of $73,800, daily BTC inflows have declined dramatically, according to data from on-chain analytics platform CryptoQuant. There is no desire among Bitcoin traders to hold currency on
May 7, 2024 2 mins read
Web3 infrastructure platform Astar Network, with its origins in Japan and recent global expansion, is proud to announce the launch of the TGE Catalyst Grant in stablecoins. This program will help emerging tokens on the Astar zkEVM platform through the pre-token generation event (TGE) phase. This initiative offers a comprehensive
May 7, 2024 2 mins read