With complete approval in Kazakhstan, cryptocurrency exchanges Bybit and Binance are able to extend their worldwide reach. The approval from Kazakhstan’s financial watchdog brings them closer to its goal of becoming a regulated DATF. The digital asset exchange industry is in the midst of a fierce race to ensure that
September 6, 2024 2 mins read
Analysts claim that since the “merge” to proof-of-stake on the Ethereum blockchain occurred about two years ago, Ether’s performance has lagged behind bitcoin’s by a margin of up to 44%. Almost two years have passed since Ethereum’s upgrade, The Merge, which transitioned to a proof-of-stake network, and next week will
September 5, 2024 1 min read
Travala.com, a crypto-native travel platform, has announced an integration with the major global travel marketplace Skyscanner. The whole inventory of 2,200,000+ hotels from Travala.com, all of which can be booked using more than 100 cryptocurrencies, is now fully discoverable on Skyscanner’s platforms. As the first cryptocurrency-native platform to be linked with Skyscanner,
September 5, 2024 2 mins read
The strategic cooperation between layer-1 blockchain and the decentralized computing network io.net for AI Nesa was recently launched in April, but it has already grown tremendously. The synergies between the two have grown quickly after the collaboration was made public, with io.net assisting in scaling up the supply of large GPU resources
September 5, 2024 2 mins read
In the early trading session Wednesday, the price of Bitcoin continued its precipitous decline from Tuesday, falling to a low of $55,555. As a result, Bitcoin and other major cryptocurrencies fell to levels not seen in a month. The worst time for global markets since the crash of August 5
September 5, 2024 1 min read
In a statement made public on September 4th, the Uniswap Labs, a developer of decentralized exchange (DEX), was charged by the US Commodity Futures Trading Commission (CFTC) with the unlawful sale of leveraged cryptocurrency trading to retail investors in the US. As part of the settlement, Uniswap Labs complied with
September 5, 2024 2 mins read
The Layer-1 relational blockchain, which debuted its first public mainnet earlier in 2024, is preparing for the next phase and ecosystem expansion. In a revised roadmap released today, Chromia outlines short-term development objectives and positions the company for big announcements during their speaking slot at TOKEN2049 Singapore, which takes place on September
September 4, 2024 1 min read
On September 1, 2024, the hashrate of the Bitcoin network, which is the total computing power used to secure the Bitcoin network, hit a new record high of more than 742 exahashes per second (EH/s). As expected given the ongoing trend toward application-specific integrated circuits (ASICs) and other forms of
September 4, 2024 2 mins read
The German firm Matter Labs, which created the ZKsync protocol for Ethereum’s Layer 2 layer, has laid off almost 16% of its employees. In a post on X, Matter Labs’ co-founder and CEO, Alex Gluchowski, said that the company has always adhered to the principle of being a small, dedicated
September 4, 2024 2 mins read
Tron founder Justin Sun has stated that the SunPump meme token community has chosen to implement a 100% onchain buyback and burn operation. The decision was reached after a community debate that shifted focus away from burning liquidity pool (LP) tokens, as stated in Sun’s post on X. The principle
September 3, 2024 2 mins read