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Ordinal Inscriptions Approach 19 Million Amid Stagnant Fees, Bitcoin NFT Sales Drop
23.7.2023
The number of Bitcoin Ordinal inscriptions on the blockchain is nearing 19 million, a trend that has continued for the past 218 days since December 16, 2022. Statistics indicate that miners have accrued roughly 1,847.66 BTC in fees, worth about $55.29 million, confirming the millions of Ordinal...
Alchemy Pay: Exploring the Development and Trends of the Emerging Crypto Payment Industry with High Demand
19.7.2023
With traditional commercial institutions like Visa, Mastercard, Tesla, BNY Mellon, BlackRock, Gucci and countries such as El Salvador, Central African Republic constantly expanding in the cryptocurrency field, more and more investors are starting to look at cryptocurrency with new eyes. In 2022...
2022 Favorite Vampire Survivors Is Almost A New Game After This Upgrade
12.7.2023
Gothic indie darling Vampire Survivors will be—please accept this pun—completely revamped after it receives a round of updates on August 17. That day, the roguelike bullet hell will receive co-op mode and the Steam version will move over to a new engine.Read more
BIS Survey: 93% of the World’s Central Banks Are Engaged in CBDC Work
12.7.2023
The Bank for International Settlements (BIS), an organization that seeks to support the international cooperation of the world’s central banks, has released the results of its 2022 survey on central bank digital currencies (CBDC) and crypto. The survey found that 93% of the 86 banks surveyed...
First Mover Americas: GBTC Discount Narrows to Lowest Since May 2022
11.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Report: The crypto custody market reached $448 billion in 2022
11.7.2023
Researchers cite a rise of interest in crypto staking, made possible by the Ethereum Merge and the appearance of non-fungible tokens (NFTs) as the major developments for custody market
Grayscale Bitcoin Trust Discount Narrows to Lowest Since May 2022
10.7.2023
The discount has been narrowing on hopes the SEC might soon approve a spot bitcoin ETF
48% fewer new crypto coders last year - developer report
10.7.2023
Newcomers account for the highest percentage of developers that have left the industry over the past 12 months
Bitcoin Miners Achieve Unprecedented Success: Q2 2023 Fee Revenue Hits $184M, Outpacing 2022
6.7.2023
A recent report shows that Bitcoin miners have witnessed a notable achievement, surpassing its previous 2022 record.
The report revealed that the miner made over $100 million from transaction fees alone in the second quarter of 2023.
The amount accumulated is over five times the total fees earned...
Bitcoin miners raked up $184M in fees in Q2, surpassing all of 2022
6.7.2023
It's been one of the most lucrative quarters for those that profit from Bitcoin transaction fees in nearly two years
Bitget Crypto Exchange Ventures into Crypto Loans Market Despite 2022 Sector Challenges
5.7.2023
The crypto derivatives exchange Bitget has launched a new crypto lending program that will let users stake their own coins in exchange for loans in another.
The platform aims to cater to borrowers who are dissatisfied with traditional lenders, a press release from the firm said.
It explained that...
Voyager Digital’s Bankruptcy Battle Racks Up Millions in Legal Expenses
4.7.2023
A recent court filing from the now-insolvent Voyager Digital Holdings and its creditor committee revealed that legal expenses amounting to $16.5 million have accumulated from July 22, 2022, through May 18, 2023. The records indicate that between March and May 2023, roughly $5.17 million in legal...
Biggest Movers: LTC, BCH Surge 20% Higher on Friday
30.6.2023
Litecoin surged by as much as 20% in today’s session, as bulls took the token to its highest level since April. The move came prior to the latest consumer sentiment report from the U.S, which rose to a reading of 64.4. Bitcoin cash climbed to its highest point since April 2022. Litecoin...
$7.8B lost in crypto ponzi and pyramid schemes in 2022: Report
28.6.2023
Illicit activities related to crypto increased across the sector in 2022 despite an overall market downturn
Crypto Ponzi Schemes Cost Victims $7.8B in 2022: TRM Labs
28.6.2023
Ponzi schemes dominated the crypto crime landscape in 2022, with $7.8 billion funneled from victims, blockchain analytics firm said in a new report
Robinhood Sheds Jobs for Third Time Since April 2022: WSJ
27.6.2023
Trading platform Robinhood (HOOD) has cut 7% of its full-time staff, about 150 employees, in the third round of layoffs since April 2022
Six Samurai: Anonymous Developers Seek to Revive Terra Classic Ecosystem
27.6.2023
While the co-founder of Terraform Labs has been sentenced to four months in jail in Montenegro, a team of six anonymous developers have been attempting to revive the Terra Classic ecosystem after its collapse in May 2022. The six programmers, known as the “Six Samurai,” wholeheartedly...
Report: Cuban Peso Parallel Market Rate Plunges to Low Last Seen in Oct. 2022
26.6.2023
The parallel market exchange rate of the Cuban peso versus the greenback recently dropped to CUP200 per dollar, a level last seen in Oct. 2022, a report has said. Pavel Vidal, a former economist at the Cuban central bank, said the peso’s depreciation has caused the “impoverishment...
Crypto investment products see largest weekly inflow since July 2022
26.6.2023
CoinShares’ latest weekly inflow report shows a substantial increase in investor appetite for digital asset investment products with Bitcoin leading the rally
What is De-Dollarization? Exploring the Shift Away From the US Dollar’s Global Dominance
25.6.2023
From the latter half of 2022 and continuing into 2023, the concept of de-dollarization has gained significant traction, making its mark on the mainstream media. This surge in attention can be attributed to the concerted efforts of BRICS countries such as Brazil, China, and Russia, who...