3 signs hint that Bitcoin price is nearing a bottom

Multiple attorneys have moved in and out of the lawsuit between Ripple Labs, its executives and the United States Securities and Exchange Commission, as signified by court filings on Aug. 23. The latest motions filed were requesting permission to withdraw attorneys Richard Best and Robert MacDonald Moye from the trial, with the former having the…

Chinese crypto mining giant Bitmain is closing its development center in Israel and firing local employees, Israeli business news outlet Globes has learned Monday, Dec. 10.Bitmaintech Israel — founded in 2016 to explore the use of blockchain technology, work on the Connect BTC mining pool, and develop the infrastructure behind Bitmain’s artificial intelligence (AI) project Sophon…

What is Solana?Solana is a highly functional open source project that implements a new, permissionless and high-speed layer-1 blockchain. Created in 2017 by Anatoly Yakovenko, a former executive at Qualcomm, Solana aims to scale throughput beyond what is typically achieved by popular blockchains while keeping costs low. Solana implements an innovative hybrid consensus model that…

The multi-year deal will see VeChain’s brand incorporated across multiple UFC marketing assets and reach an estimated 900 million households who watch the events worldwide. 330 Total views 14 Total shares Blockchain logistics firm the VeChain Foundation has signed a multi-year marketing partnership with the Ultimate Fighting Championship (UFC) worth nearly $100 million, becoming the…

Scanning your iris to become a “verified human” in exchange for digital currency sounds like a Black Mirror episode. But this is not the story arc of a dystopian science fiction show — it’s happening now with one of the latest projects in Web3.The launch of Worldcoin on Optimism has left many wondering whether this…

CEO of Calibra, Facebook’s digital wallet for its proposed Libra stablecoin, has attempted to debunk the notion of Libra’s threat to the global financial system.Not new money but a better payment networkAmid the ongoing meeting between Libra founders and 26 global central banks in Basel, Calibra CEO David Marcus has stepped up to protect the…

Bitcoin (BTC) is aiming for a new network record as its hash rate is just inches away from hitting three figures.Bitcoin hash rate nearing 100 quintillionData from statistics and wallet provider Blockchain published on Sept. 8 shows that as of that date, Bitcoin’s hash rate has topped 94 quintillion hashes per second. Bitcoin network hash rate.…

Nonfungible tokens (NFTs) are constantly in the news. NFT platforms are springing up like mushrooms and champions are emerging, such as OpenSea. It is a real platform economy that is emerging, like those in which YouTube or Booking.com gained a foothold. But it is a very young economy — one that is struggling to understand…

The approval violates the New York climate law of 2019, plaintiffs claim. The facility was acquired by the Canadian crypto mining firm Digihost. 184 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe New York Public Service Commission (PSC) was sued by environmental activists on Jan. 13 for…