Data from blockchain analytics firm Chainalysis suggests that whale investors actively bought Bitcoin’s latest deep. In its most recent market intel report, Philip Gradwell, the chief economist at Chainalysis, revealed that investors purchased 77,000 Bitcoin last week, an amount that is worth around $3 billion at current market
As Chinese regulators move to crackdown on Bitcoin mining, the country’s BTC miners are beginning to feel the heat. BitDeer, one of China’s largest crypto mining operators, has moved to block IP addresses from mainland China from accessing its platform. The company in an official statement on its
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, in a Wednesday hearing said that it had become expedient for the agency to work on improving investor protection by regulating crypto exchanges. During the hearing before the Financial Services and General Government subcommittee of the House
Former crypto skeptic and the founder of Icahn Enterprises, Carl Icahn, is considering splashing $1.5 billion on crypto. The billionaire told Bloomberg that he is ready to make an entry into the crypto market in a “big way.” However, on the flip side of his billion-dollar investment, Icahn noted
Following a proposed ban on Bitcoin mining activities by Inner Mongolia, another Chinese province is considering clamping down on BTC miners. The Sichuan regulatory office of China’s National Energy Administration has announced that it would hold a virtual meeting on June 2 to discuss the possibility and implications of
In mid-April, the Ethereum Berlin upgrade went live. The hard fork included several Ethereum Improvement Proposals (EIPs), particularly EIPs-2718, 2929, 2565, and 2930. Sadly, it didn’t include the much-anticipated EIP-1559, which has been touted as the Holy Grail to solving the network’s high transaction fees. According to Ethereum
Ethereum devs updated the crypto community on its progress with the Beacon Chain and Altair upgrade on Wednesday. The progress report comes a week after Protostellar Evolution (v.1.1.0-alpha.6) was released. As per the release, work on Altair, which is the first planned upgrade of the Beacon
Nic Carter, a partner at Castle Island Ventures has called out Tesla’s Elon Musk with regards to the latter’s green Bitcoin mining campaign. According to him, Musk is not the right candidate to "lead the charge for Bitcoin to become more green." Is Elon Musk the
As Iran draws closer to its peak electricity demand season, the country’s government has issued an order banning Bitcoin mining until September 22. The Iranian government has taken rather drastic steps to clamp down on Bitcoin mining in recent times. About a week ago, Bloomberg reported that the government
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Following increased exit scams and rug pulls in the crypto space, crypto players have developed several ways of protecting crypto investors from such scams. One such means of protecting investors is using liquidity lockers integrating several features, including token vesting. Token vesting refers to locking up investors tokens for a
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In search of making the football fan experience better, TheFutbolApp (TFA), is creating a new economic ecosystem for football fans across the world. Recently, TFA announced the launch of the TFA Worldwide Association, based in Zug, Switzerland to further the adoption of its TFC token. Sports events are slowly going
Amid news of China’s incoming crackdown on Bitcoin mining, a Chinese province has issued a new ordinance that will blacklist violators from the country’s social credit system. According to local reports, illegal Bitcoin miners within Inner Mongolia could face several restrictions, including limited access to financial products and
Despite reports that China will be clamping down on Bitcoin mining and trading, Nasdaq-listed Marathon Digital Holdings is planning to step up its crypto mining game. Marathon, which is one of the largest enterprise Bitcoin self-mining firms in North America, announced a partnership deal with Compute North to deploy around
Talk about having to check your mobile device every single time to find out how much your Bitcoin investment has gained or lost. According to a recent report by Korea Times, many South Korean college students that invested in crypto suffer from a wide array of mental issues. According to
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Fantom is an eco-friendly sustainable blockchain platform designed for instant transactions and low costs. The platform is experiencing a staggering increase in popularity and demand with the market capitalization of the $FTM token increasing 50x since January 2021. Fantom is used for both DeFi applications and in governments in Asia,
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Bitcoin has come under a lot of fire lately for its high energy consumption rate. Although there have been comments on the subject before now, it didn’t hit the headlines until Tesla’s CEO Elon Musk announced that his company was no longer going to accept the digital asset