Hashrate recovery reduces Bitcoin miners’ selling pressure in July
Miner revenues soar 50%, pushing Bitcoin hashrate higher and reducing selling pressure from miners’ reserves.
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Ex-ConsenSys Exec Joins Security Token Project Dusk Network
Former blockchain firm ConsenSys’ ventures head Kavita Gupta joined security token project Dusk Network.As industry news outlet The Block reported on Aug. 30, Gupta joined Dusk Network, an Amsterdam-based startup trying to help companies tokenize their equity shares. Dusk Network co-founder Mels Dees claims that the company is also working with a regulated European stock…

‘Insane’ ETH fees delay launch of Aavegotchi NFT game
“Aavegotchi on L2 means no gas fees, faster transaction confirmations, and a great gaming experience," said the project. 3180 Total views 10 Total shares Decentralized finance project Aavegotchi is pushing back the mainnet launch of its non-fungible token digital collectible game due to high activity on the Ethereum blockchain.According to a Tweet from its team…

Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals
The price of one Bitcoin (BTC) in Nigeria can cost upwards of $38,000. 137 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe price of Bitcoin (BTC) in Nigeria has skyrocketed to well above market levels amid continued efforts by the central bank to push its citizens into…

Paxos receives in-principle approval to issue stablecoins in Abu Dhabi
The approval followed a similar move by regulators in Singapore, where Paxos said its local entity would launch a U.S. dollar-backed stablecoin. 147 Total views 16 Total shares Crypto firm Paxos has secured in-principle approval from Abu Dhabi’s regulator on two fronts: to issue stablecoins and conduct digital asset services.In a Nov. 29 announcement, Paxos

This Blockchain Voting App Could Change Elections Forever
There is an effort underway to roll out a blockchain voting app in time for the November elections. 829 Total views 18 Total shares There is an effort underway to roll out a blockchain voting app in time for November elections.A voting app is being developed by WinterGreen Research and Government Blockchain Association, or GBA,…

Bitcoin price hits new record high in Argentina
Argentina’s peso has crashed by 99% versus the U.S. dollar since the beginning of the currency crisis in 2018. 631 Total views 2 Total shares Own this piece of history Collect this article as an NFTLast week, the price of Bitcoin (BTC) reached a record high in Argentine peso (ARS) terms following persistent inflation in Argentina.Argentina’s…

Bitcoin-to-gold ratio breaks 12-year support as gold price hits a record $3K
Bitcoin (BTC) breached a rising support trendline against gold (XAU), which has been intact for over 12 years, on March 14. XAU/BTC ratio weekly performance chart. Source: TradingView/NorthStar Popular analyst NorthStar says this breakdown could spell the end of Bitcoin’s 12-year bull run if it stays under the gold trendline for even a week or—worse—a month.

FDIC reportedly scrutinizing Voyager Digital marketing; complex SBF ties come to light
Some Voyager Digital customers did not understand the scope of FDIC protection for their deposits, leading to questions about the firm’s marketing. 398 Total views 22 Total shares Some Voyager Digital account holders were surprised when they discovered that their deposits did not have the protection they thought they did after the crypto brokerage and…