Blockchain

On December 28, the company announced that its fleet of 3,750 Bitcoin ASIC miners, purchased last year, had already generated profits due to the surge in the coin’s price. Canadian Bitcoin mining company Hive Digital has recently concluded a successful $22 million private financing round. The company achieved this milestone through the sale of 5.75 million special warrants at a price of $3.87 each, resulting in total proceeds of $22 million. This financing round will enable the company  to...

For the planned investments in selected meme projects on the Avalanche network, the non-profit has outlined specific requirements for eligibility in the program.  Avalanche Foundation, the non-profit group overseeing the development of the Avalanche blockchain, has announced its intention to allocate a portion of the Culture Catalyst Funds to support meme coins. According to a statement on X (formerly Twitter), the move is aimed at acknowledging the cultural and entertaining aspects...

Binance reported more than $1.2 billion in assets under custody for more than 170 million users in its 2023 performance report. Leading cryptocurrency exchange by daily traded volume and registered users, Binance Holdings Ltd., has continued to build the necessary infrastructure and products to enable the next phase of web3 mass adoption. Despite the former Chief Executive Officer Changpeng Zhao (CZ) being forcefully ousted by the United States government, Binance has demonstrated that it...

According to on-chain firm Arkham Intelligence, a wallet linked to former U.S. President Donald Trump has moved over $2.4 million worth of ether (ETH) to the crypto exchange Coinbase in the past few weeks. Arkham Intelligence had initially identified digital assets believed to belong to Trump in August, basing its findings on financial disclosures filed by the former President earlier that month. Trump’s Ethereum Wallet Shows Sales Totaling $2.4 Million About three weeks ago,...

Vitalik Buterin, the co-founder of Ethereum, has proposed measures to reduce the load on the Ethereum blockchain and simplify its proof-of-stake (PoS) consensus. The proposal aims to decrease the number of signatures validators must make to maintain the network’s operation, ultimately reducing the overall load on the Ethereum blockchain. Ethereum Co-Founder Proposes Adjustments Ethereum’s attempt to achieve decentralization and involve regular users in staking by supporting...

Solana is one of the largest blockchain ecosystems, boasting thousands of decentralized applications. With a vast sea of web3 projects and apps on Solana waiting to be explored, it’s crucial that we pick the right wallet that suits our needs. Whether you’re a seasoned user or a newcomer to Solana’s blockchain ecosystem, finding the best Solana wallet (tailored to your needs) is crucial. This guide explores some of the most popular options, as well as their pros, cons,...

TL;DR Shiba Inu (SHIB) has seen a notable increase in its price recently, with its performance compared to other cryptocurrencies like Dogecoin. Various factors and developments within the Shiba Inu project are influencing its current market trend, including its L2 blockchain solution Shibarium. The article also discusses the impact of actions by large SHIB investors on the cryptocurrency’s market dynamics and investor sentiment. Shiba Inu (SHIB) Performs Better Than...

[PRESS RELEASE – London, United Kingdom, December 28th, 2023] Minutes Network Ltd, the world’s first blockchain-based wholesale voice termination service provider, is set to reinvigorate telecommunications operator profitability with its innovative approach to voice call services. In a departure from recent industry trends, the company introduces the Mintech innovations hub and its proprietary suite of cutting-edge technologies and protocols that enhance operator...

The Indonesian government is keen to protect crypto investors from exploitative exchanges and ensure optimal tax collection. The high demand for digital assets and Web3 products in Indonesia has seen registered users surpass more than 18 million, compared to 12 million traditional stock traders. With the number of crypto users expected to grow exponentially in the coming years, the Indonesian government has been preparing to tap into the blockchain and the nascent industry to grow its...

The native BLUR token has also seen positive price movements. 2024 is only a few days away and we already have many highly anticipated blockchain projects in the works. Even though it is the holidays, crypto lovers are still engaging with these projects and many of them seem very promising. Take Blast, a layer-2 blockchain that is being launched by the creators of Blur. The blockchain will not be fully live until February 2024 but has already reported an impressive $1.1 billion in...