Meta’s new Megabyte system solves one of the biggest roadblocks for GPTs
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Bitcoin Hash Rate Erases March Losses Before ‘Epic’ Difficulty Surge
Bitcoin (BTC) has posted a fresh sign of recovery as its hash rate bounces back to levels from before March’s crash.According to data from monitoring resource Blockchain, as of April 15, Bitcoin’s 7-day average hash rate was 114 quintillion hashes per second (h/s).BTC hash rate hits early March levelsThe last time the network recorded that…
Binance was wrong to boot Monero, ZCash and other privacy coins
Binance announced in May that it would delist so-called “privacy coins” such as Monero (XMR), Zcash (ZEC) and others in several countries, including France, Italy, Spain and Poland. The decision underscored the reality that some companies might step over their own feet to ban privacy tech — even where it is legal — out of a…
Bullish ‘Great Reset’ for BTC: 5 things to watch in Bitcoin this week
Bitcoin (BTC) is looking stable at the start of a new week after recovering from a drop to $43,000 — what’s in store?After last week’s 20% drop from all-time highs, opinions are divided over what the future might look like for Bitcoin price action in the short term. Macro factors are encouraging, but naysayers insist…
The many layers of crypto staking in the DeFi ecosystem
Staking has been used fluently to describe several actions within the world of crypto, from locking your tokens on a decentralized finance (DeFi) application or centralized exchange (CEX) to using tokens to run a validator node infrastructure on a proof-of-stake (PoS) network.PoS is one of the most popular mechanisms that allows blockchains to validate transactions…
Ethereum sell-off fears rise as crypto hedge fund moves $60M ETH to an exchange
Ethereum's native token Ether (ETH) rose by more than 5% to reach its intraday high above $1,930 on May 30. Nonetheless, the ETH/USD pair risks facing another sell-off round due to concerns about a massive ETH inflow into an exchange.58.7K Ether transferred to FTX in MayOn May 30, the Ether address allegedly associated with Three…
21 Crypto Exchanges Ask for License From Malta’s Financial Watchdog
The Malta Financial Services Authority (MFSA) has received queries from 21 cryptocurrency exchanges seeking licensure under the Virtual Financial Assets (VFA) Act.21 firms out of 34 potential VFA providers are crypto exchangesAccording to an official announcement on Nov. 1, the 21 exchanges are among the 34 prospective VFA service providers that sent their letters of…
Australian stock exchange may consider listing tokenized real-world assets
The tokenized asset would need to be “appropriately backed” but could “absolutely” be listed in the future, said ASX chief information officer Dan Chesterman. The Australian Securities Exchange (ASX) is unlikely to directly list a cryptocurrency on its exchange but could consider an “appropriately-backed” tokenized real-world asset such as gold.Speaking to Cointelegraph, Dan Chesterman, the…
Former Trump Economic Adviser Expresses Support For Facebook’s Libra
A former economic adviser to United States President Donald Trump has expressed support for Facebook’s stablecoin Libra, Yahoo Finance reported on June 24.In an interview with Yahoo Finance, conservative economist and fellow at The Heritage Foundation Stephen Moore said that he thinks “on balance it is a good thing [Libra].” Moore stated:“It’s interesting, because this…