Month: August 2024
Power Law Predicts Bitcoin Block Rewards to Hit $5.5M Within 10 Years
The bitcoin block reward is one of the significant components of the mining environment that is expected to undergo dramatic transformation in the following decade. [more…]
Justin Trudeau Sparks CBDC Ban Debate in Canada
CBDC ban debates have taken center stage in Canada as Conservative Party Leader Pierre Poilievre has firmly pledged to halt the development of a central [more…]
IOTA Blockchain Tool to Simplify Music Rights Management for Filmmakers
The distributed ledger technology (DLT) firm IOTA has introduced a new tool that is built on blockchain as IOTA blockchain tool and aims to facilitate [more…]
Bitcoin ETF Options on the Horizon: Potential Threat to Bitcoin Price
Market observers and analysts are preparing for a possible upheaval in the cryptocurrency market. They anticipate options trading for U.S. spot bitcoin ETFs to debut [more…]
Marathon Digital Raises $250M for Bitcoin Acquisition
Marathon Digital Holdings has unveiled plans for a $250 million private offering of convertible senior notes. The Bitcoin mining firm aims to increase its Bitcoin [more…]
Chainlink Integration Powers Tokenized Treasury Fund
Chainlink integration marks a big step for Superstate, an asset management firm that focuses on blockchain technology. By using Chainlink, Superstate aims to better manage [more…]
Ethereum Sees Sharp Decline in Burn Rate as Gas Fees Hit Record Lows
The daily burn rate of ETH on the Ethereum network has reduced to its lowest levels in the current financial year. At the moment, gas [more…]
Coinbase Challenges CFTC’s Proposal on Event Contracts
Coinbase Chief Legal Officer Paul Grewal has expressed serious concerns about a recent proposal by the Commodity Futures Trading Commission (CFTC) that seeks to ban [more…]
NFT Sales See Growth Despite Market Withdrawal
Another interesting aspect within the NFT market trends in 2024 is that sales have risen to $95.42 million between August 3 and August 10 and [more…]
South Korean CEO Arrested for $366M Crypto Scam
DEYTHERE Media News reports that a South Korean technology firm’s CEO, Byun Young-oh, has been arrested for allegedly orchestrating a large-scale crypto scam that defrauded [more…]