Crypto Fear & Greed Index Jumps Back into Greed Territory

Chinese Bitcoin (BTC) miners are now responsible for controlling as much as 66% of global hash rate, a new report claims.China’s Sichuan province is accounting for over half the global hash rate, according to a study by London-based digital asset manager CoinShares, Reuters reports Dec. 11.Hash rate is a measure referring to the overall computing…

Crypto developers must follow consumers closely if they want the industry to take off in a big way, Paypal’s chief technical officer has said.Sri Shivananda — an eBay veteran who has been in his role at PayPal since 2016 — made his remarks at the Economic Times (ET) Global Business Summit, ET reported on March…

“It’s the first major game that utilizes the Litecoin blockchain for all of its interactions,” said LTC creator Charlie Lee. In an online event prepared by the Litecoin Foundation on Sept. 15, Litecoin (LTC) creator Charlie Lee and CipSoft CEO Stephan Vogler announced the release of LiteBringer, a role-playing fantasy game which runs on top…

India is yet to finalize a crypto regulatory framework despite assurances of a speedy draft law over the past few years. 29 Total views 2 Total shares Indian Finance Minister Nirmala Sitharaman in her address to the International Monetary Fund called for a global cryptocurrency framework to keep a check on the use of cryptocurrencies…

New “embedded” functionality aims to improve fan engagement for musicians through NFT adoption and Web 3.0 integrations. 618 Total views 22 Total shares California-based music streaming platform Audius released a new function that allows artists and fans to embed nonfungible tokens (NFT) on various blogs and social media platforms such as Twitter and Discord.The “embedded”…

The ongoing trial of former FTX CEO Sam Bankman-Fried has uncovered a series of explosive revelations in the form of testimonies from former key FTX and Alameda Research executives. The latest court proceedings on Oct. 12 saw former Alameda CEO Caroline Ellison testify for the third day, following which the jury was presented with a recording

Open Interest refers to the total amount of pending derivative contracts that have not yet been settled. In a futures contract, for every seller, a buyer is required to settle the contract.

The South Korean blockchain hopes to fund its interoperability technology to create new cross-chain applications. 565 Total views 22 Total shares The ICON Foundation announced plans to launch an interoperability incentive program for 200 million ICX, or approximately $200 million at the time of publication. The foundation supports the development of the ICON network, South Korea’s…

JPMorgan Chase CEO Jamie Dimon has said that the company’s new cryptocurrency JPM Coin could have a consumer use one day, CNBC reported on Feb. 26.During a question-and-answer session, Dimon reportedly stated that “JP Morgan Coin could be internal, could be commercial, it could one day be consumer.” The coin would purportedly find its use…