Miner profitability falls to record lows — Blocksbridge
Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues.
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Years of regulatory uncertainty around Tether could be offset by newfound investor confidence if an emerging insurance protocol for USDT gains traction. While the value of stablecoins like Tether (USDT) and USD Coin (USDC) is designed to be pegged to another asset, such as the U.S. dollar, the crypto industry has fretted for years about…
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Chain abstraction simplifies user experience by enabling interaction with assets and services across multiple blockchains, hiding technical complexities.
Tesla expects to begin accepting Bitcoin for payment
Tesla is now able to hold Bitcoin in reserves, thus accepting Bitcoin as payment for its cars without necessarily converting it. 2442 Total views 32 Total shares Elon Musk’s Tesla Motors is following in the footsteps of MicroStrategy and other companies by allocating part of its balance sheet to Bitcoin (BTC).In Monday’s filing with the…
Bitcoin and Ethereum held on exchanges drops to a multi-year low, here’s why
Recent global developments have put a spotlight on the cryptocurrency sector as people across the world begin to question the decision making process of governments and central banks. Multiple metrics like the increasing amount of Ether (ETH) and Bitcoin (BTC) locked in DeFi, soaring transaction and on-chain activity and the plummeting BTC and Ether reserves of…
3AC new exchange triggers backlash from the crypto community — ‘No, thank you’
One community member swore never to trade in the exchange and even said he would bully the exchange users. 265 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe launch of the exchange project backed by the bankrupt hedge fund Three Arrows Capital (3AC) attracted a mob of…
Blockin Launches Bitcoin Explorer With Detailed Fee Guidance
Blockin, the parent company of one of popular Bitcoin (BTC) mining pools, Poolin, is launching a new block explorer on April 6. The explorer includes mempool statistics that would help users decide the correct fee to send their BTC payment.Blockin’s explorer provides many of the standard features shared with competing offerings, like block data, transaction…
WEF 2022: Bankers at WEF see the need for caution and speed on central bank digital currencies
Experts point out sticking points as well as greatest needs in the creation of central bank digital currencies for domestic and cross-border, wholesale and retail, uses. 566 Total views 6 Total shares The process of introducing a central bank digital currency (CBDC) is fraught with unknowns, some of which were elucidated in a panel of…
Swiss central bank announces plans for wholesale CBDC pilot with ‘real money’: Report
Thomas Jordan, head of the Swiss National Bank, announced the project at a conference in Zurich; bank still feels “prudent” about a retail CBDC, though. 247 Total views 1 Total shares The head of the Swiss National Bank (SNB) has announced that the bank will launch a wholesale central bank digital currency (wCBDC) pilot project,…