Today in Crypto: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise Funds at $1BN Valuation, Ledger Co-founder Calls Recover Service Launch a 'Horrible Mess'


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise...

Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak


On May 18, 2023, at block height 790,272, Bitcoin’s difficulty reached an all-time high after rising 3.22% on Thursday. The network’s difficulty is now at an impressive 49.55 trillion, or 0.90% away from 50 trillion hashes, making it the most difficult it has ever been to discover...

Learn why Avorak AI could challenge Solana for top ten supremacy


Avorak (AVRK) has made significant strides in the crypto world in its initial coin offering phases. The recent announcement by the AI crypto project has led some crypto watchers to suggest that Avorak could challenge Solana’s (SOL) top 10 rankings. What is Solana? Solana is an L1 (Layer-1)...

Bankrupt FTX Sues to Retrieve Over $240 Million from Trading Platform Embed


The bankrupt crypto exchange FTX is taking legal action in an attempt to retrieve more than $240 million it paid for the stock trading platform Embed. Embed was acquired by FTX’s American branch FTX.US in mid-2022, but representatives for FTX’s bankruptcy estate now say former company executives...

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