Bitfarms, a Bitcoin mining business located in Canada, said on Monday that it has once again met the standards to be listed on the Nasdaq. Bitfarms, a Bitcoin mining company listed on the Toronto Stock Exchange and the Nasdaq, will see a boost to its share price as a result.
May 1, 2023 1 min read
The Proof of Reserves (PoR) system at OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology business, has taken a major step forward. Users will now be able to independently validate that their assets are backed by OKX reserves. Thanks to the exchange’s incorporation of
April 30, 2023 2 mins read
The rising uncertainty in the global financial sector has resulted in heightened selling pressure on Shiba Inu (SHIB), the world’s second-largest meme crypto price. In only 60 days, the price of a Shiba Inu has reduced by 17 percent. This drop occurred despite the SHIB team sharing promising developments about
April 30, 2023 2 mins read
In its most recent performance report, Ethereum’s Layer-2 based scaling protocol Arbitrum (ARB) demonstrated its superiority over the latter network in terms of the total number of transactions executed. 3/5 Ecosystem Milestones: Yesterday both Arbitrum One (1.26m) and Arbitrum Nova (1.18m) processed more transactions than Ethereum (939k). We’re witnessing Ethereum’s
April 29, 2023 2 mins read
Decentralized oracle service provider Chainlink (LINK) has announced that its newest node software is now live on the mainnet. Chainlink has announced a new update to its node software, version 2.0.0, with the stated goal of improving node operators’ ability to run their operations efficiently. #Chainlink node software version v2.0.0
April 29, 2023 2 mins read
Hong Kong seems to be realizing its goal of becoming a center for the cryptocurrency industry. Guidelines for regulating cryptocurrency exchanges are expected to be released by the Securities Futures Commission (SFC) of the jurisdiction in May 2023. The finance regulator initiated a similar platform for public input last year.
April 27, 2023 1 min read
Tim Paymans, VP of Product at IOV Labs, made a number of significant announcements at this year’s Consensus event that promote the expansion of the Rootstock ecosystem and update the open-source Rootstock Infrastructure Framework (RIF) with a more focused approach. Two significant RIF developments were disclosed during the discussion: Five
April 27, 2023 2 mins read
Even though the crypto industry has seen substantial growth this year, volatility has been a constant. In spite of this competition, Uniswap has maintained its position as the decentralized market leader. Across all blockchains, it still commands over $4 billion in total value locked (TVL), making it one of the
April 26, 2023 2 mins read
In a statement released earlier today, the Digital Currency Group (DCG) warned that Genesis Global’s bankruptcy procedures might go on for a long time. Genesis Global is a DCG subsidiary. The company is in trouble since its creditors rejected the bankruptcy restructuring plan that was agreed upon about two months
April 25, 2023 2 mins read
Cremation Coin, a project on the Terra Classic network, just completed a weekly burn campaign in which it burnt almost 24 million LUNC. As a result of today’s enormous LUNC burn, Cremation Coin has already burned almost 369M LUNC in total. Even if the LUNC burn rate has been going
April 25, 2023 2 mins read