There are still many Ethereum believers who are optimistic about the network. A total of $198.7M (or 94,800 ETH) has been staked in the previous 24 hours, as reported by statistics from Nansen. Since the most recent Shanghai update on Wednesday, staking has been a focal point of the network’s
April 14, 2023 2 mins read
In recent years, Mastercard has joined the ranks of other legacy corporations with a foundation in conventional banking that has entered the Web3 area. Mastercard unveiled its brand-new accelerator program for creatives on April 12. This time, though, a Web3 twist was included. The Mastercard Music Pass non-fungible token (NFT)
April 13, 2023 2 mins read
For the time being, at least, Sam Bankman-Fried will not be able to use his FTX insurance to pay for his legal fees. The former FTX CEO tried to use a $10 million insurance policy to pay for his legal fees, but the bankruptcy judge refused his petition on Wednesday.
April 13, 2023 2 mins read
MicroStrategy, an American software firm, has the highest corporate Bitcoin (BTC) holdings and is presently profiting from its cryptocurrency wager. According to an SEC filing made by MicroStrategy on April 5, the business and its subsidiaries bought roughly 1,045 Bitcoin for about $29.3 million between March 24 and April 4.
April 11, 2023 1 min read
Bitmain, a cryptocurrency mining company located in Beijing, allegedly broke Chinese tax law and was fined heavily as a result. On April 11, the local news source Sina Finance reported that Bitmain Technologies had been hit with a tax penalty by the Beijing Municipal Office of the State Administration of
April 11, 2023 1 min read
The Shibburn Twitter account reports that in the last 24 hours, 111,173,988 SHIB tokens were burnt in 10 separate transactions. Despite the fact that a lot of SHIB was burned, the burn rate for SHIB behaved in an unexpected way. In the past 24 hours, there have been a total
April 10, 2023 2 mins read
The cryptocurrency market is surging, climbing back up from its 2022 lows. Improving sentiment for crypto assets has fueled the rebound surge, and crypto Whales have taken advantage of the recent “buy the dip” chance to boost their holdings. On-chain data shows that Cardano whales have been on an acquisition
April 10, 2023 1 min read
The greater a cryptocurrency’s market valuation, the more influential it is thought to be. This is why many people consider market capitalization to be the most crucial factor when deciding how to rank various cryptocurrencies. Since the beginning of the year, Bitcoin’s value has climbed by leaps and bounds, causing
April 10, 2023 2 mins read
Authorities in Singapore are making a concerted effort to provide recommendations for banks on verifying cryptocurrency clients. Banks in the city-state have been collaborating with regulators over the last six months. In order to develop industry-wide guidelines for vetting cryptocurrency consumers. Singapore’s monetary authority, the Monetary Authority of Singapore (MAS),
April 7, 2023 1 min read
The opposition leader in Thailand has pledged to give every citizen $300 (10,000 Thai Baht) in a cryptocurrency airdrop as part of his campaign for prime minister. Srettha Thavisin, who is running for the post in the upcoming May elections, has made this assertion. Thailand’s opposition party leaders have made
April 7, 2023 1 min read
