Chinese President Xi Jinping praises blockchain exec in open letter
Andrew Chi-Chih Yao, the recipient of the letter, is the chief scientist of the Conflux network and a professor at the country’s prestigious Tsinghua University.
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Celsius creditors vote in favor of reorganization plan
The majority of Celsius creditors have voted in favor of a plan that will see approximately $2 billion worth of Bitcoin and Ethereum returned to creditors. 101 Total views 1 Total shares The creditors involved in the Celsius bankruptcy case have voted in favor of a plan that will see funds returned to them as

Ethereum fees declining as DeFi markets cool
Is the DeFi bubble over? Bitcoin network activity spike may indicate that attention is shifting towards crypto's largest asset. 828 Total views 24 Total shares The DeFi bubble seems to be slowing down in the last months of 202, with fees and confirmation times retreating back to less formidable levels."ETH fees are way down suggesting…

BIT Mining steps up Bitcoin mining operations in Kazakhstan
The mining firm's expansion into Kazakhstan follows plans to introduce new energy fees for crypto miners starting in 2022. 232 Total views 3 Total shares Crypto mining firm BIT Mining, which recently announced it would be expanding out of the Chinese market, plans to purchase 2,500 Bitcoin miners for deployment in Kazakhstan.In a Wednesday announcement,…

Various Crypto Mining Strategies Underline Industry’s Growth Potential
Over the course of the past few years, the cryptocurrency mining sector has started to gain a lot of mainstream financial traction. For example, market research firm Technavio recently released startling data claiming that the global mining hardware market is all set to grow by a whopping $2.8 billion between 2020 and 2024. This incredible…

How Not To Lose Everything During the Bull Run
Investors can HODL or trade during a Bitcoin bull run, but experts urge them to be skeptical above all else. With sentiment suggesting Bitcoin and the crypto markets are about to go on a bull run, seasoned old timers are warning about the lessons learned from previous rallies. With Bitcoin correcting 5% in the past day,…

Axie Infinity’s new Web3 game, LVMH sued over NFT patent: Nifty Newsletter
Web3 gaming project Axie Infinity revealed a trailer of its upcoming blockchain game Atia’s Legacy, which takes place in the Axie universe. In this week’s newsletter, check out non-fungible token (NFT) gaming project Axie Infinity’s new trailer for its upcoming Web3 game, Atia’s Legacy. In other news, luxury fashion giant LVMH has been sued for

How Can Blockchain Disrupt Supply Chains in the Fashion Industry?
When receiving new shirts you’d bought online, or bought some jeans from one of the fashion stores on your street, the question that may have come to mind then was, how did these items get to be in my hands? The answer is supply chains. Supply chains in the fashion industry organize people, activities and information…

Cryptocurrency News From Japan: June 14 – June 20 in Review
A new report on Japanese crypto regulation, an institutional crypto custody service, and more headlined news from Japan this past week. 367 Total views 22 Total shares This week’s headlines from Japan included research company Xangle releasing a report on Japanese crypto regulation, Binance supporting Japan's language but not its residents, SBI Holdings turning gift…