House fails to override Biden’s veto on nullifying SEC crypto rule
Though the resolution overturning an SEC rule on banks handling crypto passed in the House in May, the legislation required at least 288 members to override President Biden’s veto.
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S. Korea: Mobile Messaging Giant Kakao and Stablecoin Project Terra Have Partnered in Blockchain Payment System
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Bitcoin miner profitability under threat as hash rate hits new all-time high
The Bitcoin hash rate hit a new all-time high above 245 EH/s on Oct. 3, but at the same time, BTC miner profitability is near the lowest levels on record. With prices in the low $20,000 range and the estimated network-wide cost of production at $12,140, Glassnode analysis suggests “that miners are somewhat on the cusp…
There Are Over 13K Bitcoin Addresses Worth $1M
Over 13,000 Bitcoin addresses hold over $1 million worth of Bitcoin. 500 Total views 11 Total shares There are over 13,000 Bitcoin (BTC) addresses that are worth at least $1 million, according to data from Glassnode.107 BTC to become a millionaireAt the current prices, it takes about 107 BTC for an address to become a…
HTC launches no-code game creator for ‘Viverse’ metaverse
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Mexican medical firm embraces blockchain for covid test certificates
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Record $39.4B Bitcoin open interest suggests imminent price breakout
Open interest is often used to gauge the interest and liquidity behind an asset. In Bitcoin’s case, the surge in open interest could signal an imminent breakout.
Palau to freeze USD-backed stablecoin after pilot launch in July
Palau’s USD-backed stablecoin build on XRP Ledger will be frozen on Sept. 15 as the government will be collecting feedback from users to shape the way ahead. 308 Total views 4 Total shares Palau, a country in the western Pacific Ocean, is wrapping up its United States dollar stablecoin project after launching the pilot in
Waiting game: Why Friday’s $6B in Bitcoin and Ethereum expiries may not move the market
After an incredible start in 2021, Ether peaked at $4,380 on May 12 but has dropped 55% since then. Unlike the leading cryptocurrency, the Ethereum network faces competition from projects that do not depend on proof-of-work, hence not facing the bottleneck issues that caused transaction fees to skyrocket.Whenever markets disappoint traders with a negative surprise,…