Search
New Year’s Eve Sees Bitcoin Network Break Daily Transfer Record With Over 731,000 Transactions
1.1.2024
As 2023 drew to a close on New Year’s Eve, the Bitcoin network eclipsed yet another record by verifying a significant 731,351 transactions in a single day. This achievement outstripped the previous high set on Dec. 24, 2023, or Christmas Eve, where miners confirmed a total of 723,459...
Unlimited Innovations vs. 2,500 Swimming Pools — AI Faces Similar Environmental Backlash as Bitcoin Mining
29.12.2023
In recent years, attention has centered on bitcoin mining, particularly its energy usage in securing the network and validating transactions through proof-of-work (PoW). As generative artificial intelligence (AI) emerges as a major force in technology, it’s encountering similar environmental...
This Solana Alternative is poised to beat the Market Cap of SOL, hint Experts
29.12.2023
In the ever-evolving world of cryptocurrencies, competition among blockchain platforms is fierce. Solana (SOL), with its lightning-fast transactions and impressive scalability, has secured its spot among the top cryptocurrencies. However, there’s a new contender on the horizon that’s...
‘OTC King’ Zhao Guilty of Unauthorized Crypto Operations, Says Chinese Legal Authority
28.12.2023
Source: Pexels China’s Supreme Procuratorate has reportedly disclosed the details behind the seven-year prison sentence given to the founder of the over-the-counter (OTC) crypto trading desk RenrenBit, Zhao Dong. In a press release on December 27, the Chinese legal authority revealed that...
How Clash.gg Uses Cryptocurrencies in Its Casino
28.12.2023
Unboxing websites serve the gaming community as a warehouse for custom skins and designs. Regarding the Counter-Strike body, many gamers aspire to collect the rarest and most aesthetic skins to show them off. Clash.gg, a Rust Clash Entertainment Ltd website, is one of the top CS2 unboxing sites...
Taking DeFi to the Next Level, Here’s How Retik Finance will Tap into the Multi-Billion Dollar Market with Defi Debit Cards
27.12.2023
In the rapidly evolving landscape of finance, cryptocurrencies have already begun to significantly reshape the global financial ecosystem. The emergence of blockchain technology and decentralized finance (DeFi) has introduced novel paradigms in the way individuals and businesses interact with...
Crypto Guide for Seniors
26.12.2023
Source: Pixabay It’s never too late in life to dabble in cryptocurrency investing – For seniors unfamiliar with the sector cryptocurrency is a type of digital or virtual currency that uses cryptography for virtual transactions. Unlike traditional currencies issued by governments (like the...
Bitcoin Breaks Records: Christmas Eve Sees Lifetime Surge in Daily Transactions and Hashrate
25.12.2023
On Dec. 24, 2023, Bitcoin shattered yet another daily transaction milestone, with miners confirming 723,459 transfers in a single day. The transaction rate on Christmas Eve exceeded the former peak of 710,579 verifications on Nov. 19, 2023. Bitcoin’s Festive Feat — Record Transactions...
Balancing Act: Cryptocurrency, Data Mining, and Sustainability – Navigating the Right Path
25.12.2023
Source: Adobe / Photocreo Bednarek Data mining plays a crucial role in the cryptocurrency space as it is integral in providing market analysis, risk management, and ensuring security and integrity of transactions is in place. Traders and investors use data mining techniques to analyze market trends...
Jack Dorsey-Backed Ocean Bitcoin Mining Pool Introduces Block Template Options
23.12.2023
Ocean, a Bitcoin mining pool backed by Jack Dorsey, has introduced block template options to allow individual miners to decide which transactions will be included in the next block. The feature, dubbed “path to decentralization,” will allow pool users to mine transactions with Ordinal...
Bloxroute to Reject Blocks With OFAC Flagged Transactions
22.12.2023
Bloxroute, a company that provides relaying services, has declared that it will start rejecting block bids with transactions from wallets part of the Office of Foreign Assets Control (OFAC) Specially Designated Nationals And Blocked Persons List (SDN List). Based in the U.S., the company clarified...
Shibarium transaction touches peak milestone, Cardano (ADA) and InQubeta (QUBE) Gaining Massive Momentum
22.12.2023
The world of cryptocurrencies is always on the move, with every project trying to outdo each other in terms of innovation and growth. Just recently, Shibarium, which is the Layer 2 protocol of Shiba Inu, turned heads by handling over 100 million transactions. At the same time, there are other...
Circle Informs Clients of IRS Inquiry Into $20K Annual Transactions
21.12.2023
Numerous advocates of digital currencies report that Circle Internet Financial has been reaching out to its clients about a summons received from the Internal Revenue Service (IRS). Circle has stated that it is obliged to submit records concerning U.S. taxpayers who have engaged in transactions...
Will the Next Bull Market Repeat the Success of “DeFi Summer”? It Depends on Seamless Cross-Chain UX
21.12.2023
Interoperability, enabling seamless transactions and communications across multiple blockchains, has long been a goal of crypto developers. Only with truly seamless interoperability is it possible to unlock the network effects of blockchain ecosystems, allowing liquidity and users to flow between...
Bitcoin Blockchain Surpasses Half-Terabyte Amid Soaring Transactions and Increased Block Capacity
20.12.2023
Although bitcoin’s price hasn’t eclipsed its historic peak, this year the network has shattered multiple records. These include reaching the highest level of difficulty, achieving an all-time high in total hashrate, and setting a new record for daily confirmed transactions. In 2023...
BloXroute To Reject All OFAC-listed Transactions, Sparks Censorship Debate
19.12.2023
Source: Pixabay BloXroute, a blockchain infrastructure company offering DeFi tools, has announced that its relays will begin declining transactions that include addresses listed under U.S. sanctions. “Effective immediately, all bloXroute relays will reject block bids if they contain OFAC...
Technical Glitch Leads to 50% Drop in Zilliqa On-Chain Transactions – What’s Going On?
19.12.2023
Source: AdobeStock / Alexander The Zilliqa blockchain is grappling with a “critical situation” resulting in a significant disruption to its network. Developers announced the presence of a “technical issue” on social media platform X on Monday, saying it has led to...
Arbitrum Transactions Reach New All-Time High During Inscriptions Frenzy
18.12.2023
Ethereum layer-2 network Arbitrum (ARB) reached a new all-time high in daily transactions over the weekend, joining Bitcoin under a waterfall of blockchain activity spurred by inscriptions. According to data from crypto market analysis platform IntoTheBlock, the network tapped 5.4 million...
Binance Crackdown Unleashes Unprecedented Scrutiny on Crypto Transactions
18.12.2023
Source: Adobe / natali_mis The recent crackdown on Binance by the US Department of Justice (DOJ) has triggered a seismic shift in how the crypto industry operates, with Binance now set to undergo what experts call an “unprecedented” level of scrutiny. The government scrutiny, which...
Lesotho’s Entire Payment System Reportedly Goes Offline After Cyberattack
16.12.2023
The Central Bank of Lesotho recently confirmed that its payment system was attacked by unknown cybercriminals. The bank also acknowledged that the resulting downtime is making it “impossible for all local banks to honor inter-bank transactions in the country.” No Financial Loss Suffered...