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Estimated Daily USD Transaction Value on Bitcoin’s Network at a 6-Month Low

With bitcoin’s price correcting in the past few months, the usage of the network has also declined substantially. The estimated daily USD transaction value on the blockchain, the number of transactions, the on-chain activity, and miners’ revenue have all dropped since their respective peaks earlier this year. Transaction Count and USD Value Drop According to data from Blockchain.com, the daily confirmed transactions on the world’s largest blockchain have seen a massive...

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Polygon and Community Gaming Partner to Provide Scalable Esports Tournaments

Gaming developers employing the services of Community Gaming will be able to take advantage of enhanced scalability through a new collaboration with the popular blockchain-based Layer 2 protocol – Polygon. Community Gaming Partners with Polygon Describing itself as an “all-in-one platform offering esports infrastructure to all key stakeholders in the industry,” Community Gaming is a blockchain-based project providing developers with a scalable network for their goals. In...

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Bank of Ghana Unveils Plans for CBDC Pilot Test by September

The latest comments by the bank’s deputy governor confirm the CBDC pilot test will be launched in a sandbox environment.The Bank of Ghana has announced its intention to launch the pilot phase for its Central Bank Digital Currency (CBDC) by September. This information was revealed by the apex bank’s Deputy governor, Maxwell Opoku-Afari, who told media personnel that the piloting phase was the last phase before implementing the e-cedi.The top official noted that while a launch was imminent...

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HIVE Blockchain Buys 3,019 Mining Machines to Increase its Bitcoin Hash Rate by 46%

Hive Blockchain Technologies Ltd, the cryptocurrency mining firm that went public in 2017, has purchased more than 3,000 mining devices. The machines, MicroBT WhatsMiner M30S, should increase the firm’s overall Bitcoin hash rate by nearly 50%. HIVE Buys 3,019 Miners The company announced its latest purchase in a press release on July 12th. The equipment will be put to work shortly with an aggregate hash power of 264 Petahash per second, which should increase the overall BTC...

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KALEIDO: Weiterer Kunde für Private Banking Hub von InCore Bank und SOBACO

KALEIDO: Weiterer Kunde für Private Banking Hub von InCore Bank und SOBACO Mit der Kaleido Privatbank AG gewinnen InCore Bank und SOBACO einen weiteren Kunden. Die Integration der Zürcher Privatbank erfolgt im Rahmen eines Full Outsourcing: Auf Basis der Bankensoftware von Finnova bieten InCore Bank und SOBACO technische und bankfachliche Dienstleistungen aus einer Hand. Nachdem die Kaleido Privatbank das Outsourcing bislang auf die...

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ChainSwap Exploited: Projects Using The Bridge Protocol Crashed 99%

ChainSwap, a cross-chain asset bridge and application smart chain, has become the latest victim of the increasingly worrying exploits happening in the DeFi ecosystem that has caused the sector to lose hundreds of millions of dollars since the start of the year. What is ChainSwap? As a hub for smart chains, the ChainSwap protocol acts as a defi bridge for projects and users to seamlessly move assets between different blockchains like Ethereum (ERC20), Binance Smart Chain...

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Ethereum’s London Hard Fork: What You Need To Know and What to Expect

Containing numerous Ethereum Improvement Proposals (EIPs), including the vital 1559 and 3554, it’s worth exploring the key features of the upcoming London hard fork and how it could change the Ethereum network. Although it was initially scheduled to take place in July, a more recent statement from an Ethereum developer asserted that the London hard fork will occur on August 4th, 2021. Why Does the Ethereum Blockchain Need Improvements? Launched in 2015, the Ethereum network’s...

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Israel Seized $7.7M in Bitcoin and Dogecoin Believed to be Controlled by Hamas Terrorist Organization

Israel’s National Bureau for Counter Terror Financing ordered the confiscation of 84 crypto addresses considered to be linked with the terrorist organization Hamas. The analysis showed that these digital wallets received more than $7.7 million in cryptocurrencies. Crypto Empowers Hamas Israel’s minister of defense – Benjamin Gantz – signed a seizure order of 84 cryptocurrency wallets that the officials linked to the Palestinian militant group – Hamas. According to...

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Bitcoin-Börsen: Kunden heben ihre Bitcoins ab

Glassnode kennt alle Bitcoin-Bestände der Bitcoin-Börsen. Aktuell ziehen Nutzer ihre Bitcoins von den Börsen ab. Glassnode ist eine Bitcoin-Firma, welche sich auf Analysen vom Bitcoin-Netzwerk und Blockchains spezialisiert hat. Glassnode misst so ziemlich alles, was gemessen werden kann. Das ist superspannend und soeben hat Glassnode ein interessantes Detail entdeck: Die Kunden ziehen ihre Bitcoins von den Bitcoin-Börsen runter. Trauen die...

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