Solana beats Ethereum’s economy for the first time in October
According to a report by hedge fund Syncracy Capital, Solana now rivals Ethereum in almost every economic metric.
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Bitcoin’s compound annual growth is ‘an unheard-of’ 200% CAGR
Bitcoin (BTC) has delivered returns which are “unheard of” in history and ultimately leaves Tesla stock in the dust. That’s according to fresh data from on-chain monitoring resource CaseBitcoin, which this week delved into Bitcoin’s astonishing compound annual growth rate (CAGR).BTC hodling: 10 years, 5,200,000% returnsA familiar phrase among crypto and traditional investors alike, CAGR is…
ERC-20 Co-Author Proposes New ICO Model to Protect Investors from Fraudulent Token Sales
The Ethereum (ETH) developer that co-authored the ERC-20 token standard has introduced a new model for Initial Coin Offerings (ICO), Czech business news outlet Kurzy reports Oct. 31.Speaking at Ethereum’s annual Devcon conference in Prague Oct. 30, Fabian Vogelsteller, also the main developer of decentralized application (DApp) browser Mist, proposed a new approach for running…
Binance Updates White Paper to Reword Section on Quarterly Manipulations with BNB
Binance has recently updated its white paper’s section devoted to quarterly manipulations with its native token binance coin (BNB), based on a version of the white paper backed up on the Internet Archive Wayback Machine on Feb. 8.According to the section “Repurchasing plan” in the older version, Binance stated that they would buy back BNB…
UAE residents can now trade crypto directly with their bank accounts
The new integration enables the direct conversion of UAE dirhams into Bitcoin and Ether using M2’s spot market.
Korean internet giant Kakao expands blockchain presence to Singapore
Kakao wants to keep up with the enterprise blockchain competition in Asia as it eyes expansion to Singapore. Singapore is reportedly the next port of call for Kakao’s globalization agenda for its legacy blockchain platform Klatyn.According to a report by The Korea Herald on Monday, Kakao has established two new blockchain-based entities — the Klatyn…
Core Scientific to increase ASIC server capacity by 75 MW
The Nasdaq-listed Bitcoin miner expects to generate $50 million in annual revenue once the ASIC servers are fully operational. 39 Total views 1 Total shares United States Bitcoin (BTC) miner Core Scientific has signed a new colocation agreement to increase its data center hosting capacity by 75 megawatts (MW), a move intended to showcase the…
Montana’s ‘right to mine’ crypto bill moves closer to passing as law
The bill seeks to enshrine crypto miners' rights and will still have to pass muster in the states House before its signed into law by the governor. Own this piece of history Collect this article as an NFTA cryptocurrency mining rights bill with laws that would prohibit the discrimination of crypto miners is one step…
New Crypto Bull Run ‘Inevitable’ Says Data Analytics Company CEO
A new crypto bull run could be on its way as a result of government economic measures and mainstream interest. 2434 Total views 55 Total shares After two years of uncertainty since 2017’s mega bull run, the signs are looking promising for a big crypto rally, says the co-founder of market analytics company Digital Assets…