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Glassnode and Ark Invest Introduce ‘Cointime Economics’ — A New Model to Measure Bitcoin’s Value

27.8.2023
Researchers from Glassnode and Ark Invest have collaborated to develop a new economic model for analyzing Bitcoin’s onchain metrics called “Cointime Economics.” The framework offers an alternative way to measure the economic activity and value of bitcoin based...

BRICS Discussing Single Unit of Account, Alternative to Dollar, Russian Finance Minister Says

24.8.2023
The BRICS members are mulling over the possible launch of a common unit of account, Russia’s Minister of Finance Anton Siluanov unveiled. This would be an alternative to the U.S. dollar that can be used to denote the cost of some commodities, for example, but not a single currency like the euro...

SEC-Ripple lawsuit cost XRP 3 years of adoption: Lawyer

22.8.2023
Crypto lawyer John Deaton cited several instances where major crypto players like Coinbase reached out to the SEC for regulatory clarification before listing XRP, but didn’t face any objection

AI unlikely to destroy jobs, but cost to certain workers may be 'brutal' — UN study

22.8.2023
A study from the United Nations agency International Labour Organization suggests AI will more likely augment jobs than destroy them, though certain roles could be at more risk than others

Mining Bitcoin on Household Electricity Most Profitable in Asia, Study Finds

21.8.2023
Despite significant variations in electricity rates and regulations, the Asian region as a whole has the lowest average cost of bitcoin mining for solo miners, new research shows. At the same time, the surge of energy prices due to Covid, heatwaves, and the war in Ukraine render bitcoin mining...

Opensea Phases Out BNB Smart Chain Support, Citing Resource Alignment With Promising Efforts

19.8.2023
One of the largest non-fungible token (NFT) platforms, Opensea, has declared its decision to withdraw BNB Smart Chain (BSC) support. Opensea revealed that the “cost to continue supporting BSC outweighs the impact.” Opensea Pivots Away From BNB Smart Chain in Strategy Re-evaluation...

Bybit Announces ‘Imminent’ Listing of Paypal’s PYUSD Stablecoin

17.8.2023
According to the crypto exchange Bybit, the trading platform plans to list Paypal’s stablecoin soon. Amid Bybit’s announcement, Paypal’s PYUSD token has seen little movement as most of the supply is held by the contract and the Paxos Treasury. Dubai-Based Bybit Prepares to List...

Microstrategy’s Stock Soars 206% After Adopting Bitcoin Strategy

12.8.2023
Microstrategy’s stock (Nasdaq: MSTR) has risen 206% after the company adopted bitcoin as its primary treasury reserve asset. The business intelligence firm now holds 152,800 bitcoins, acquired for a total cost of $4.53 billion, and it has plans to buy even more. Microstrategy’s Stock...

Street Fighter 6's Four TMNT Costumes Cost Almost As Much As The Game

8.8.2023
I love a video game crossover as much as the next person, and fighting games are a perfect platform for absurd matchups. Unfortunately, at $15 each, the price of new Leonardo, Raphael, Michelangelo, and Donatello costumes in Street Fighter 6 is giving a lot of players sticker shock.Read more

Crypto Exchange Coinbase Narrows Losses Thanks to Cost Reduction Strategy

4.8.2023
Major US-based crypto exchange Coinbase has reported a smaller loss in the second quarter this year compared to the same quarter last year, while its revenue exceeded analysts’ expectations. Coinbase’s loss for the quarter came in at $97 million, down from $1.1 billion a year before, the firm’s...

Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny

4.8.2023
The city’s new licensing regime paves the way for exchanges to operate legally but tough compliance requirements could cost firms as much as $20 million, industry insiders say

Bitcoin, Ethereum Technical Analysis: BTC Surges Towards $30,000, Following Latest Microstrategy Filing

2.8.2023
Bitcoin moved towards the $30,000 level on Aug. 2, as markets reacted to the latest filings by Michael Saylor’s Microstrategy. In the second quarter the company reportedly added 12,333 BTC at a cost of $361.4 million. Ethereum jumped back above a key price floor of $1,850. Bitcoin Bitcoin...

Crypto Hacks and Exploits Cost Traders $303M in July; Worst Month of 2023

31.7.2023
Some $52 million of assets were siphoned from Curve Finance just this weekend

Worldcoin’s Launch Propels Optimism to Record-Breaking Daily Transaction Volume

28.7.2023
With the recent launch of Worldcoin’s token, worldcoin (WLD), Optimism has experienced a surge in daily transactions, reaching an all-time high on July 27. Data reveals that 944,000 Optimism transactions were processed on Thursday, with WLD transfers closing in on 1 million. WLD Token Arrival...

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...