Mining

[PRESS RELEASE – Charlestown, Saint Kitts and Nevis, February 27th, 2025] WeFi, the world’s first Deobank (Decentralized Onchain Bank), has launched Wenix, a mini-game developed natively for Telegram. Wenix integrates competitive skill-based gameplay with an earning mechanism connected to the WeFi ecosystem, combining entertainment with decentralized finance. “Wenix is a unique blend of innovation and accessibility, aiming to bridge the gap between decentralized finance and...

Charlestown, Saint Kitts and Nevis, January 29th, 2025, Chainwire WeFi, the world’s first Deobank (Decentralized Onchain Bank), has launched Wenix, a mini-game developed natively for Telegram. Wenix integrates competitive skill-based gameplay with an earning mechanism connected to the WeFi ecosystem, combining entertainment with decentralized finance. “Wenix is a unique blend of innovation and accessibility, aiming to bridge the gap between decentralized finance and the mainstream audience,”...

About The Book:Your Money and the World: How to Spend, Save, Donate and Invest Sustainably. Winner of the SKBI Prize for Sustainable Finance Literacy as part of the Money Awareness and Inclusion Awards (MAIA). Cecile Biccari, sustainable investment expert helps young readers understand how money works—and how spending, saving, donating and investing can change the world. Financial literacy is an important skill in life. At around the age of seven, children develop attitudes and beliefs about...

New Layer-1 blockchain project Pi Network ($PI) rocketed more than 40% today, putting this new project firmly in growth mode. The explosive move comes after a period of high volatility and consolidation around $PI, in which the token saw its price drop briefly to a low of $0.66. Now over $2, the token has rewarded traders who got in at the bottom with a 3x return. Pi Network has a market cap approaching $15 billion and 24-hour trading volume of nearly $1.5 billion, indicating...

BlockDAG’s latest AMA on February 20, 2025, shed light on the company’s impressive progress in hardware sales and miner integration. The X1 and X10 miners have gained strong traction, with over 16,000 X1 units sold, generating $6.5 million in revenue. Meanwhile, orders for the X10 miner have surpassed 5,000, further solidifying BlockDAG’s dominance in decentralized mining solutions.  As the team pushes forward with development, the X10 miner’s integration into the BlockDAG app is well...

The cryptocurrency landscape is ever-evolving, with new projects emerging alongside established giants. Recently, Qubetics has made headlines by surpassing 489 million tokens sold in its presale, attracting over 21,200 holders and raising more than $14 million. Meanwhile, Bitcoin continues to assert its dominance as the leading cryptocurrency, and Chainlink is pioneering advancements in blockchain interoperability. This article delves into these three prominent projects, examining their...

Rosseti Group, Russia’s power grid company, reported losses exceeding 1.3 billion rubles – which is worth around $14.2 million – in 2024 due to unauthorized cryptocurrency mining operations, also known as “black” mining firms. As per a report by state-owned news agency TASS, damages were widespread across the company’s electrical networks. Illegal Mining Strains Russia’s Energy Grid The most significant impact was recorded in the North Caucasus region, which amounted to over...

On-chain analytics platform Nansen has released a report examining the aftermath of the controversial LIBRA token. Its findings indicate that 86% of traders who bought the cryptocurrency collectively lost about $251 million, while a select group of winners walked away with at least $180 million in profits. A Rapid Rise and Fall LIBRA debuted on Valentine’s Day, gaining instant traction after Argentine President Javier Milei appeared to endorse it in a post on X that has since...

Bitcoin network activity has fallen to its lowest level in a year as demand for the leading digital asset remains low. A report from the on-chain analytics platform CryptoQuant has revealed that the Bitcoin Network Activity Index, which measures the growth across major metrics like active addresses, number of transactions, and block size, is down 17% from its November 2024 record high. Bitcoin Network Activity in Negative Trend The network activity index is currently at...

What does the future hold for Pi Network (PI), the crypto you can mine on your phone? With over 60 million users worldwide, buzz is building around its mainnet launch as investors turn to ChatGPT and DeepSeek for price outlook. But could Solaxy (SOLX) offer better price prospects? ChatGPT Expects a Pi Network Price Surge After Mainnet Launch Pi Network is making headlines this week. Launched in 2019 by a team of Stanford PhDs, the project has attracted a massive following...