Ripe for the squeeze? Bitcoin mining stocks remain under attack from short sellers
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Coinbase-Backed Base Awaits Optimism’s Bedrock Upgrade Before Mainnet Launch
Coinbase-incubated Base is gearing up for a mainnet launch as the Ethereum layer 2 ecosystem heats up. Path to Base mainnet includes a certain set of objectives to be met. The official timeline for the mainnet launch has not been revealed yet, but Optimism’s upcoming Bedrock upgrade remains a crucial factor. Base Mainnet The Base…
DeSantis and the Growing Culture War Around Bitcoin
This week CoinDesk published one of the most thought-provoking and balanced articles on bitcoin mining I’ve ever read. The report is focused around the Greenidge bitcoin mining company in upstate New York, which was at the center of a protracted media cycle last year after environmental activists claimed the facility was boiling the waterways and…
Binance Continues NFT Foray, Launches New Loan Feature
The world’s leading cryptocurrency exchange – Binance – is launching a new NFT loan feature. It is designed to enable users to borrow cryptocurrency, using their non-fungible tokens as collateral. Binance continues its effort in the world of non-fungible tokens. According to a press release shared with CryptoPotato, the exchange is launching a new feature. It will…
Norway Should Consider a National Strategy for Crypto Regulation: Norges Bank Report
Norway should consider a national strategy for crypto regulation, said Norges Bank, the country's central bank, in a Thursday report.Countries around the world have been looking at the European Union's Markets in Crypto Assets (MiCA) regulation, which is close to taking effect. MiCA may apply within the broader European Economic Area, but the central bank…
Blend Seizes 82% of NFT Lending Market Share: DappRadar
In the weeks since leading non-fungible token (NFT) marketplace Blur released its lending platform Blend, it has taken 82% of total lending volume market share.According to a report from blockchain data aggregator DappRadar released on Wednesday, in its first 22 days, Blend accumulated 169,900 ETH, or about $308 million in trading volume. During that same…
BNB Chain Luban Hardfork Incoming: What You Need to Know
The “Build ‘N’ Build” Chain, formerly known as the Binance Smart Chain (BSC) will be going through a hard fork in June. The network upgrade is called Luban and will introduce three evolution proposals. Let’s dive in. The BSC Luban upgrade is scheduled to take place on June 11th, provided regular network activity. It is…