Marathon Digital, a prominent Bitcoin miner, has teamed up with the Kenyan Ministry of Energy and Petroleum (MOEP) to further expand the renewable energy industry in the nation, which is currently booming. The main goals of the collaboration are to build essential energy infrastructure, share ideas for policies and investments,
May 26, 2024 2 mins read
Analog is a web3 data provider and Layer-0 cross-chain communication protocol. Assisting developers in creating dApps, it provides a wide array of tools and facilitates true interoperability across any blockchain network. Analog is launching its much-anticipated incentive testnet today. The main offerings from Analog provide a robust cross-chain development toolkit: With
May 23, 2024 2 mins read
The Ethereum wallet MetaMask is going to have Bitcoin compatibility soon, allowing it to extend its capabilities even further. The company hopes that by doing this, users of Bitcoin and Ethereum would be able to more easily deal with one another. The goal of this work is to provide a
May 23, 2024 2 mins read
According to the DeFiLlama rankings, Solv Protocol, a unified yield and liquidity layer for prominent digital assets, has crossed $1 billion in Total Value Locked (TVL), solidifying its standing as the 32nd biggest decentralized finance (DeFi) protocol. Ryan, founder of Solv Protocol stated: “Reaching this significant milestone is a testament to the
May 22, 2024 1 min read
For its proposed Spot Ethereum ETF, Fidelity has filed a revised S-1 filing with the SEC in the US. This news comes as speculation about these ETFs’ possible clearance on May 23 continues to heat up. Also, it might increase the likelihood that Ether ETFs would be approved. The revised
May 22, 2024 2 mins read
The House of Representatives will vote on a bill this week that would define the responsibilities of financial regulators with regard to digital assets, according to Republican members of the US House Financial Services Committee. House Republicans said in a X post on May 20 that the FIT21 Act, an
May 21, 2024 2 mins read
With his resignation, Michael Sonnenshein, CEO of Grayscale Investments, has ended his ten-year tenure with the firm. Peter Mintzberg, who is now Goldman Sachs’ Global Head of Strategy, will succeed Michael Sonnenshein, according to the Wall Street Journal (WSJ). Michael Sonnenshein’s legacies are still plainly visible to everyone. As a
May 20, 2024 2 mins read
As per Ripple’s Q1 2024 XRP Markets Report, the volume of XRP Ledger (XRPL) transactions increased by more than 100% between Q4 2023 and Q1 2024, while the average cost of such transactions decreased by about 45%. In comparison to 121.03 million in Q4 of 2023, the on-chain transaction activity
May 19, 2024 1 min read
Despite Bitcoin’s recent surge to new all-time highs, renowned financial analyst Peter Schiff has once again shook up the cryptocurrency market by claiming the cryptocurrency is ‘dead’. In his most recent comments, Schiff, who is typically pessimistic about cryptocurrency, focused on the recent performance of bitcoin relative to silver, drawing
May 19, 2024 2 mins read
Vitalik Buterin, a pioneer in the cryptocurrency sector, praised one of Ethereum’s strengths on Saturday in a X post. The co-founder of Ethereum values the fact that free expression is not stifled inside the Ethereum ecosystem. Moreover, according to Buterin, Ethereum does not censor its users or the general public
May 18, 2024 2 mins read