Key interest rates were increased by the European Central Bank (ECB) by 25 basis points (bps) at its May 4 meeting, signaling a moderating pace of policy tightening. In April, Euro Area inflation hit 7%, while the underlying rate has remained at a record high of 5.6%. Following a similar
Increased hash rate capacity by over 21% month-over-month to 4 EH/s as of April 30, 2023. Self-mined 239 BTC in April and 771 BTC year to date in 2023. Fully deployed 50 MW of self-mining capacity at the Nautilus facility ahead of schedule. EASTON, Md.–(BUSINESS WIRE)–TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf”
The cryptocurrency payment company FLUUS has announced that it would use the FantomStarter Launchpad to perform a presale of its native token, $FLUUS. The token will be discounted on the platform for investors to buy from May 2 to May 23, and whitelisting will be possible until May 17. From
In a budget proposal for the fiscal year 2024, US President Joe Biden suggested a new tax on cryptocurrency mining. Companies involved in crypto mining—the process of mining new cryptocurrencies by solving complex cryptographic problems and verifying transactions—will be subject to the Digital Asset Mining Energy (DAME) excise tax. 30%
The cryptocurrency exchange Coinbase has recently announced that it would no longer be granting new loans via its borrowing service Coinbase Borrow. According to a statement released by Coinbase on May 3, the service will be shut down permanently as of May 10. The crypto exchange, however, assured its clients
LONDON–(BUSINESS WIRE)–#CryptoPayments–Cryptocurrency exchange CryptoOrange has partnered with leading payments platform, Paysafe (NYSE: PSFE) (PSFE.WS), to offer new ways for its customers to buy and sell cryptocurrencies internationally. Paysafe, which has an extensive track record of serving merchants and consumers in the global entertainment sectors including the Digital Assets space, is
The popular DeFi crypto exchange Uniswap set in a significant milestone with its newly launched Uniswap Wallet. The protocol’s inventor and the famed “King of the DeFi Degens” Hayden Adams highlighted the record of the Wallet reserving its spot on the Top 75 finance applications in the United States. .@Uniswap
PacWest Bancorp shares dropped more than 56% during Wednesday’s extended trading. The California holding company’s share price declined following news that the bank is “weighing strategic options.” PacWest is attempting to avoid the fate of other regional lenders that were taken over by American regulators in the last two months.
The Rocket Pool (RPL) token price analysis for May 3, 2023 indicates the token opened the daily trading session on a low note at $48.23. The token has been trading in a range between $48.23 and $52.55 for the past few weeks. The higher lows indicate buying pressure at higher
PawChain recently announced on Twitter that the team is working on creating a native Layer 2 wallet, codenamed PAWallet. This wallet will allow users to securely store their crypto assets and also interact peer-to-peer off-chain with holders of PAW (the native token of PawChain and PawSwap DEX). Moreover, the team
