Mon, July 7

Bitcoin Average Transaction Fees Nears $40, Highest Since April 2021

As of December 17th, the average transaction cost for transfering Bitcoin was approximately $37, according to data from the statistics portal BitInfoCharts. All users of the network are now paying more for their transactions due to the most recent wave of Bitcoin Ordinals inscriptions. Moreover, some think these costs will

December 17, 2023 1 min read

Tether Addresses U.S DOJ Demands Regarding Illicit Transactions

The USDT stablecoin’s developer, Tether, has revealed letters it sent to lawmakers in the US, in which it responds to demands for the DOJ to step in over illegal USDT transactions. On November 16 and December 15, the messages were addressed to members of the United States House Financial Services

December 17, 2023 2 mins read

FTX Debtors to Evaluate Claims Using Petition Date Crypto Prices

In an updated Chapter 11 plan of reorganization, the creditors of the bankrupt FTX crypto exchange have said that the value of client asset claims would be adjusted backwards to the date of the firm’s collapse in November 2022. The debtors recently said in a court filing in the U.S

December 17, 2023 2 mins read

Millions Worth NFTs Stolen as NFT Trader Platform Hacked

The peer-to-peer trading platform NFT Trader was compromised in a major way. Many valuable NFTs were stolen in this incident, including BAYC. In the aftermath of the hack, NFT Trader issued an urgent appeal to its customers, requesting that they remove access to two compromised smart contracts. The purpose of

December 17, 2023 2 mins read

VanEck CEO Bullish on Bitcoin, Predicts Record Highs in 2024

CEO Jan van Eck of the prominent asset management company VanEck recently expressed optimism about Bitcoin’s future on “The Exchange” on CNBC. Van Eck, who has extensive knowledge of the cryptocurrency business, believes that Bitcoin will reach new records in the next year. Optimistic View Van Eck has extensive experience

December 17, 2023 2 mins read

Ripple’s CLO Forecasts Crypto Market Shifts and SEC Lawsuit Resolution

According to Stuart Alderoty, chief legal officer (CLO) of Ripple, the cryptocurrency market will look quite different in 2024. He spoke on the judicial branch’s impact on cryptocurrency regulation, possible legislative hurdles in the U.S Congress, and his forecasts about Ripple’s lawsuit with the U.S SEC. According to Alderoty, Ripple

December 16, 2023 2 mins read

Kazakhstan’s Digital Tenge Trial Success Spurs Upgrades in 2024

Following a month-long trial experiment, the digital tenge, the CBDC of Kazakhstan, has been deemed a success. In 2024, it is scheduled to get a slew of upgrades in the areas of business, regulations, and technology. Almaty pupils were given free meals during the experimental run of the digital tenge

December 16, 2023 2 mins read

Ethereum Price Rebounds After Brief Correction to $2155 Level

An unprecedented milestone has been reached by SOL, surpassing Ethereum in 24-hour decentralized exchange (DEX) volume the very first time since its inception in 2020. The Solana chain exceeded the Ethereum chain in DEX volume, according to statistics released by DeFiLlama on December 16. The Ethereum rollup chain Arbitrum was

December 16, 2023 2 mins read

Solana-based Jupiter Announces JUP Token Airdrop for January

In January, Jupiter, the decentralized finance (DeFi) aggregator based on Solana, will launch its much-anticipated airdrop. On Friday, Jupiter’s pseudonymous creator Meow provided a plethora of information about the project’s future goals and the imminent airdrop in a tweet written from a cat’s viewpoint. As previously announced, 40% of the

December 16, 2023 1 min read

Chinese Telecom Operator Unveils NFT Marketplace ‘LinkNFT’

On December 15, China Mobile, the biggest telecom operator in China, made a major announcement by unveiling LinkNFT, a free NFT marketplace. The major goal is to facilitate the launch of a new digital economy and society by giving the people of Hong Kong simple access to the Web3.0 Internet,

December 16, 2023 2 mins read
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