The SSV-powered distributed validators (DVs) in the new Simple DVT Software Module have been formally deployed and are ready for deposits. Participants in the cluster will perform the DVs related to Lido, the Ethereum middleware solution for liquid staking, using SSV Network Distributed Validator Technology (DVT) among other things. The goal
July 11, 2024 3 mins read
The government of Malaysia attributes the region’s exorbitant power bills on Bitcoin (BTC) mining. According to Akmal Nasrullah Mohd Nasir, Malaysia’s Deputy Minister of Energy Transition and Water Transformation, the country’s power supply was depleted by cryptocurrency miners to the tune of $722 million (RM3.4 billion) from 2018 to 2023.
July 11, 2024 2 mins read
Block, a financial technology behemoth, has just completed the first order for its innovative mining chips. New 3 nanometer (3nm) mining application-specific integrated circuits (ASICs) from Block will be supplied to Bitcoin miner Core Scientific, as stated in a statement made on July 10. Financial details of the sale have
July 10, 2024 2 mins read
For funds, VCs, investors in digital assets, and cryptocurrency firms, today represents a major breakthrough. After a year of careful planning, partnerships, and extensive testing, Nuant is thrilled to present the release of its cutting-edge platform for managing portfolios of digital assets and creating cutting-edge strategies. A complete 360-degree intelligence
July 9, 2024 3 mins read
Sovereign Nature Initiative (SNI) has announced its partnership with Unique Network and WalletConnect on Polkadot. DOTphin, which will make its official debut at Polkadot Decoded 2024, will use NFTs to improve the environment for the better. Strong community support via Polkadot OpenGov led to the approval of this initiative. DOTphin,
July 9, 2024 2 mins read
Bybit, a crypto exchange, is showing its backing for new projects on The Open Network (TON). By allowing pre-market trading of the token for the world record-breaking game Hamster Kombat. On July 8, Bybit made an official announcement about the launching of the Hamster Kombat (HMSTR) token on its Bybit
July 8, 2024 2 mins read
The Chang hard fork is an update that many are looking forward to, and Cardano is getting ready for it. It is scheduled to happen at the end of July. Given the remarkable price surge that followed Cardano’s last hard fork in 2021, this move has aroused a great deal
July 8, 2024 1 min read
The price of Solana is showing signs of a possible long-term negative trend, which may lead to a substantial decline in the next few days. Even if the current FUD (Fear, Uncertainty, and Doubt) trade seems to have ended, the token might be in a crucial position if the negative
July 8, 2024 2 mins read
In response to the EU’s efforts to regulate chats on social media platforms, Vitalik Buterin, co-founder of Ethereum, has spoken out. Vitalik Buterin expressed his satisfaction at the resounding defeat of the European Union’s Chat Control 2.0 plan. He was appreciative of the work of many people and organizations who
July 6, 2024 2 mins read
As part of its seventh anniversary celebration, Binance, the world’s largest cryptocurrency exchange based on trading volume and the leading global blockchain ecosystem, today announced the launch of its worldwide campaign, “Be Binance.” Over 200 million people worldwide will be able to join in on the celebration of this milestone. Rachel Conlan, Chief
July 5, 2024 2 mins read
