China Issues Warning to its Citizens in Angola Involved in Crypto Mining
22.4.2024
China’s blanket ban on crypto mining, followed a mass exodus of miners to various African nations including Angola.
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Bitcoin Miners May Shift Focus to AI After Halving, CoinShares Says
22.4.2024
Miners will be faced with substantial cost increases as a result of the halving, with electricity and bitcoin production costs almost doubling, the report said
FTX will auction more locked Solana tokens, says Mike Cagney
22.4.2024
Mike Cagney, the former CEO of SoFi, recently talked about FTX’s next move. The CEO revealed that FTX will auction the next lot of locked Solana tokens. During the time of FTX’s demise, the locked Solana tokens made up the largest percentage of its digital assets holdings. Given the boost Solana...
Latam Insights: Brazil Bans Crypto for Gambling, Worldcoin Battles Buenos Aires
22.4.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil bans the use of cryptocurrency for gambling-related payments, and Worldcoin faces fines for alleged abusive behavior in Buenos Aires. Brazil Passes...
Is Cardano’s new stablecoin a potential game changer?
22.4.2024
The main features of the Cardano platform are its high research focus, robustness, and sustainability. As a leader in cryptocurrency, it encourages the development of technologies like smart contracts and decentralized applications. Stablecoins are essential as the backbone of the crypto-ecosystem....
BlackRock’s IBIT ETF Sees Cash Inflows for 69 Days Straight
22.4.2024
BlackRock’s spot Bitcoin exchange-traded funds (ETF) iShares Bitcoin Trust trading under the ticker “IBIT” has seen inflows 69 days straight following the Bitcoin halving event, said Bloomberg Intelligence ETF analyst Eric Balchunas in a social media post.
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How Bitcoin is making mobile gaming more accessible and rewarding?
22.4.2024
Mobile gaming has dramatically transformed the gaming market and successfully captured the world’s attention. However, due to traditional payment methods, mobile gaming also encountered several challenges. Slow processing times and high fees are a few hurdles that are roadblocks to immersive...
World Economic Forum Study Reveals 98% of Central Banks Are Eyeing CBDCs
22.4.2024
The World Economic Forum recently released a report investigating wholesale central bank digital currencies (wCBDCs). The document explored the potential of wCBDCs to alleviate significant industry challenges and address key pain points.
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Bitcoin Transaction Fees Plummet to Single Digits After Record High of $128 on Halving Day
22.4.2024
Bitcoin transaction fees experienced a significant drop just one day after reaching an all-time high average of $128 on April 20, coinciding with the fourth Bitcoin halving.
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Bitcoin Layer 2 Coins, STX, ELA, SAVM, Outperform BTC After Halving
22.4.2024
Bitcoin Transaction Fees Come Crashing Down Post Halving
22.4.2024
After the halving, fees spiked to $146 for a medium-priority transaction and $170 for a high-priority transaction
Chinese Embassy Advises Citizens in Angola to Avoid Crypto Mining
22.4.2024
The Chinese Embassy in Angola has cautioned its citizens residing in the African nation to refrain from mining cryptocurrencies, as this activity is now considered a criminal offense. The embassy has also urged its citizens to be vigilant of virtual currency schemes that exploit users’ aspirations...