Category: News
Bitcoin Miners See Worst Revenues in 11 Months as Difficulty Climbs
August 2024 was one of the worst months for Bitcoin miners in the past 11 months, showing that the revenue declined significantly to $827.56 million. [more…]
Cardano’s Chang Hard Fork Launches, Embraces Decentralized Governance
Cardano, one of the leading blockchain networks, has taken a significant step towards decentralized governance with the successful launch of its highly anticipated Chang hard [more…]
Pro-XRP John Deaton Secures Republican US Senate Primary Win
Pro-XRP attorney and loud-voiced crypto activist John Deaton won the Republican nomination for the U.S. Senate in Massachusetts. That will put him up against one [more…]
Bitcoin Whale Accumulation on the Rise as Wallets with 100+ BTC Hit 17-Month High
Bitcoin wallets with 100 BTC or more reached a 17-month high last month due to HODLing. Over 283 wallets containing 100 BTC breached the mark [more…]
Japan Considers Major Crypto Tax Reform for 2025
Japan’s financial regulator has recently proposed a major overhaul of the tax code for 2025, with a focus on reducing the tax burden on cryptocurrency [more…]
Bitcoin ETFs See Largest Daily Outflow in Four Months with $287M Withdrawal
The U.S.-listed spot Bitcoin exchange-traded funds (ETFs) faced significant challenges on Tuesday, registering their largest single-day outflow in four months. According to Farside Investors, a [more…]
Bybit Expands in Turkey: New TRY Trading Pairs Introduced
Bybit, a global cryptocurrency exchange, has announced the launch of Turkish Lira (TRY) trading pairs on its spot market, effective from September 2. This new [more…]
Bitcoin Mining CEO Proposes Contracts to Address Rising Costs
The April 2024 halving event, which reduced the Bitcoin block subsidy from 6.25 Bitcoin to 3.125, has exerted financial pressure on miners by decreasing the [more…]
BNB Chain Teams Up with SingularityNET to Boost Decentralized Storage
BNB Chain and the SingularityNET Foundation have announced a collaboration in a bid to advance the future of artificial intelligence and blockchain integration. The collaboration, [more…]
Telegram Faces Ban in Indonesia Over Lack of Moderation
According to reports, Indonesia, a major global Telegram user, is considering banning the network owing to insufficient moderation of illicit content. The Indonesian government reportedly [more…]
