MATIC, SUI, RENDER and TAO could soar if Bitcoin holds $64K

Mining Ethereum (ETH) using a graphics processing unit (GPU) is no longer profitable, according to an analysis from U.S.-based global trading and technology firm Susquehanna. CNBC reported Nov. 13 on Susquehanna’s findings, which point to the protracted slump in crypto markets and declining network hashrates as reasons for the profit decrease.In Susquehanna’s analysis, profit per…

The Australian government is going to launch its national blockchain strategy on Friday, Feb. 7, following a nearly year-long preparation.It has been almost a year since the country’s Ministry for Industry, Science and Technology and Ministry for Trade, Tourism and Investment announced the national blockchain strategy and roadmap last March.The new policy roadmap aims to…

At Virtual Blockchain Week, Binance’s CZ argued that stablecoins and charity initiatives are driving significant crypto adoption worldwide. 3501 Total views 42 Total shares Speaking at Virtual Blockchain Week (VBW), Binance founder and chief executive Changpeng Zhao (CZ) argued that stablecoins and charity initiatives can drive meaningful cryptocurrency adoption.CZ also discussed Binance Academy’s work with…

Holders of pieces in OSF's “Red Lite District” collection get a “till the day I die” commitment from the U.K.-based artist. by Greg Oakford 11 min October 20, 2023 Share Share Share Share A self-proclaimed jack of all trades and master of none, OSF has become a prolific figure in the nonfungible token world in

Bitcoin (BTC) miners now own more BTC than at any time since 2020 as the impact of the past months' turbulence wears off.According to data from on-chain analytics firm CryptoQuant, miners' BTC holdings increased dramatically in July.Miners keep stacking satsIn the latest sign of miners recovering from recent price weakness, the amount of BTC in…

After a boast about the protocol's resiliency, Value DeFi loses $6 million to flash loan exploit. 1357 Total views 31 Total shares Following a Twitter thread on Friday that highlighted the decentralized finance protocol’s flash loan exploit prevention methodology, Value DeFi appears to have been the victim of a $6 million flash loan exploit. At roughly…

Although over two months have passed since the halving happened on the Bitcoin network, the crypto mining industry is still heaving from the frantic pace of events that have followed suit. The rollercoaster of hash rates has left Bitcoin (BTC) and Ether (ETH) prices soaring while provoking mixed feelings among crypto miners.The COVID-19 pandemic has…

Colossal is aiming to combat climate change by resurrecting extinct species in their natural habitats, with the firm’s landmark de-extinction project focused on woolly mammoths. 2897 Total views 15 Total shares Bitcoin billionaires Tim Draper and the Winklevoss twins have backed a start-up dubbed “Colossal” that is aiming to resurrect woolly mammoths as part of…

Almost 2% of the world’s Bitcoin (BTC) supply is now under the control of a single company: Grayscale and its Bitcoin Trust (GBTC).In its latest quarterly report on April 16, Grayscale revealed that GBTC now contains 1.7% of the circulating supply of Bitcoin.Bitcoin investors shun “risk-off” moodIn terms of assets under management as a proportion…