BlockFills raises $37 million to support global expansion
20.1.2022
Since its inception in 2018, the firm has received a total of $44 million from institutional investors in two funding rounds
New Investors and $400 Million Funding in Secret Network
20.1.2022
Shockwave was recently revealed by Secret Network. It is a growth-oriented initiative that is aimed to strengthen the grounds of Secret Network as a pillar and data privacy hub for Web3. Secret Network has now made three announcements under the initiative. The first announcement reveals a list...
Multichain Losses Reportedly Exceed USD 3M As Critical Vulnerability Remains Unsolved
20.1.2022
Losses of the cross-chain router protocol (CRP) Multichain have reportedly exceeded USD 3m as the protocol is still prone to additional hacks and exploitation.
Tal Be’ery, co-founder of the crypto wallet app ZenGo, claimed that the "hack is far from being over." He added that hackers have...
Crypto staking: How to pick the best staking coins for passive income
20.1.2022
Because the blockchain puts your crypto to work, it generates incentives (form of passive income) while it is staked
Google Cards to Offer Bitcoin Storage Services to Consumers
20.1.2022
In what could be considered as one of the significant developments for the cryptocurrency domain, Google’s digital cards might enable users in the future to hold the Bitcoin and spend the fiat currencies in return for making transactions. In order to achieve this functionality, Google is reportedly...
El Salvador explores low-interest loans backed by Bitcoin
20.1.2022
The Salvadoran government is looking to create a Bitcoin-backed loan product for micro and small businesses across the country
Breaking 'bear market' in Bitcoin demand will spark next BTC price surge — analysts
20.1.2022
Several well-known pundits agree on the power of a potential shake-up in supply and demand for Bitcoin this year
Bitcoin Mining Difficulty Set for a New All-Time High in Less Than a Day
20.1.2022
Bitcoin (BTC) mining difficultly is likely to break its all-time high in less than a day, cutting into the already decreasing profit margins of BTC miners.
At 10:23 UTC, Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, is expected to go up 9%...
Intel to Unveil an Energy-Efficient Bitcoin Mining Chip
20.1.2022
Intel, the globe’s 2nd largest semiconductor chip maker, seems to be preparing to unveil a Bitcoin mining chip. This same organization does have a demonstration planned under the “Highlighted Chip Releases” classification for this year’s ISSCC meeting to display a “Bonanza...
American Banker Plans to Debut Bitcoin Buying and Selling Using Mobile Banking
20.1.2022
Users of selective U.S. banks will be able to conduct the transaction of Bitcoin through their current accounts, according to crypto custody firm NYDIG. According to estimates, 300 banks disclosed their plans last year in June will implement this service first with the help of FinTech NYDIG....
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
20.1.2022
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated that crypto investors will be treated like those who put money into stocks. Presidential...
High Oil Prices Boost Commodity Currencies, Dollar Rally Stalls
20.1.2022
An overnight change of fortune has resulted in a hike in commodity currencies like Canadian and Australian dollars. The hike was caused by a sudden surge in the price of oil which in turn supported the aforementioned currencies to take a firm hold in the market. The US dollar, however, came to...