Price analysis 8/16: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Epic Games is open to blockchain game developers, but the company has no NFT plans. 1219 Total views 20 Total shares Gaming platforms are choosing sides on blockchain, cryptocurrencies and nonfungible tokens (NFTs) within their respective ecosystems. Following reports of Valve banning crypto and NFT-related games on Steam, its primary competitor, Epic Games Store showed a…

The Bitcoin (BTC) hash rate has broken yet another new all-time high, according to Aug. 19 data from monitoring resource Blockchain.com.The top coin’s hash rate has continued to break previous records throughout summer, today hitting an whopping 82.5 TH/s.Bitcoin network hash rate, 1-year chart. Source: blockchain.comNetwork FundamentalsThe hash rate of a cryptocurrency — sometimes referred…

The United States Internal Revenue Service (IRS) has prioritized issuing tax guidance on cryptocurrencies, according to a May 16 letter.The letter from the IRS comes in response to a request from 21 representatives in Congress, including Rep. Tom Emmer, to provide clarity on reporting taxes on cryptocurrency holdings. In the letter to the tax authority,…

The deployer account for LSC drained over $1 million in tokens from the project, then swapped them to BUSD using PancakeSwap. 57 Total views 1 Total shares The astrology-themed NFT project Lucky Star Currency (LSC) has performed an exit scam for over $1 million, according to an October 9 report from blockchain security firm Certik.

A Binance executive said the cryptocurrency exchange plans to delist stablecoin in the European market by June 2024 in order to comply with standards laid out by MiCA. 569 Total views 3 Total shares An executive at the cryptocurrency exchange Binance said in a public hearing with the European Banking Authority (EBA) that it plans

Major U.S. cryptocurrency exchange Coinbase has launched support for Zcash (ZEC) on its Coinbase Pro platform, according to a company blog post published Nov. 29.Zcash is a cryptocurrency based on a decentralized blockchain, designed with the goal of making transactions more private than they are in the Bitcoin (BTC) blockchain. Zcash’s “view key” option is…

Bahrain’s central bank initially announced the JPM Coin trial in May 2021. 139 Total views 13 Total shares Bahrain is the latest nation to explore blockchain technology by American investment bank JPMorgan, with the country’s central bank trialing JPMorgan’s proprietary digital currency.The Central Bank of Bahrain (CBB) has successfully completed a digital payment test in…

This week definitely feels calmer, more positive than the last. And there’s good reason to be optimistic for DeFi bulls too, as the market posted a decent recovery since my last newsletter.People are calling it a “blue chip” rally, which means that it’s household names that are leading the charts (at least that’s the standard…