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Ethereum gas price spikes 29% in January as user activity grows: Report
8.2.2023
Ethereum block statistics show that the average number of blocks mined each day showed little to no change, while the total block size per month increased by 7%
Foxify Announce Partnership with Tyson Fury
3.2.2023
PRESS RELEASE. Foxify have just confirmed a brand partnership with Tyson Fury in an industry leading move. It comes following the hype of the brand reveal in January. The two-time world heavyweight champion is undefeated, with a legion of fans that follow his extraordinary career. What is Foxify?...
Forbes Gives Alchemy Pay Web3 Innovation Pioneer Award
13.1.2023
PRESS RELEASE. Singapore, 12 January 2023: Fiat-crypto payment gateway Alchemy Pay and its co-founder and majority shareholder, Shawn Shi, have been officially recognised by Forbes with the Web3 Innovation Pioneer award on 11 January. The Singapore-based payment solutions provider has a major...
After Topping $15 Million, Dash 2 Trade Crypto Presale Will Sell Out in Hours - Big Gains in Exchange Listings Wednesday 11th January
10.1.2023
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com
D2T, the crypto token for the Dash 2 Trade ecosystem, has hit yet another milestone as it nears its final total of $15,421,600 before making its public...
Dash 2 Trade Hits $14.65m, Only $700k Left to Raise – 2 Days Until Exchange Listings on 11th January
9.1.2023
Dash 2 Trade, the highly anticipated trading analytics and signals platform, has raised $14.65 million with just 2 days to go before its exchange listings on 11th January.
The D2T token begins trading on four exchanges at 10am UTC on Wednesday: Gate.io, LBank, BitMart and decentralized exchange...
30-Day NFT Sales Are 88% Lower Than They Were 8 Months Ago, Google Searches Nosedived
9.10.2022
At the end of January 2022, non-fungible token (NFT) sales raked in $4.77 billion and NFT sales have slipped month after month since then. Last month, $549.82 million in NFT sales took place in September which shows monthly NFT sales are more than 88% lower than they were in January. Furthermore...
NFT Trading Volume Plummets 97% Since January
29.9.2022
Trading volumes in non-fungible tokens (NFTs) have taken a major dive, dropping nearly a 100% from their all-time high in January this year.
The trading volumes fell 97% from their record high, Bloomberg reported, citing data from Dune Analytics.
More precisely, they fell from $17 billion at...
Bitcoin Mining Difficulty Estimated To See Its Highest Jump Since January
29.8.2022
The difficulty of mining Bitcoin (BTC) is this week expected to increase the most since January this year after hashrate on the network has seen a notable rise over the past 11 days.
Per data from BTC.com, the estimate for the next difficulty adjustment – expected to occur on Wednesday –...
Brazilian Crypto Investment Platform Bluebenx Stops Withdrawals Under Hack Allegations
14.8.2022
Bluebenx, a Brazil-based cryptocurrency investment platform, suspended withdrawals last week due to an alleged hack that made the company lose more than $31 million. The company announced that the withdrawals would be stopped for at least six months. The company has been investigated by...
Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1
1.6.2022
The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint digital currencies, which was introduced in January. Crypto Mining Increases Budget Revenues...
Biggest Movers: Near Surges 22% on Saturday, as SOL, AXS Move Higher
2.4.2022
NEAR has risen by over 20% during today’s session, pushing prices to their highest level since late January. AXS also rebounded on Saturday, following a $640 million hack, which sent its price down this week. NEAR Protocol (NEAR) NEAR was undoubtedly one of the biggest gainers in crypto...
DeFi Kingdoms Surpassed Axie Infinity in Transactions in January
18.2.2022
Play-to-earn game DeFi Kingdoms generated some USD 1.84bn in transactions in January 2022, more than tripling the value posted by rival game dapp Axie Infinity (AXS), according to dapp information provider DappRadar.
Built on the Harmony (ONE) blockchain, DeFi Kingdoms held USD 775m, or 64.6%...
Point Network Launches Full Web3 Architecture
16.2.2022
PRESS RELEASE. This was the title of a recent talk by Serge Var, CEO and Co-Founder of Point Labs, at the 2022 Web 3.0 Conference in January. Serge presented arguments that despite numerous projects calling themselves “Web 3.0” and “decentralized”, we are not quite there...
Crypto Economy Recaptures $2 Trillion, Bitcoin Moves Back Into the World’s Top 10 Most Valuable Assets
7.2.2022
The crypto economy has jumped back above the $2 trillion mark after falling below that value in mid-January. Statistics indicate that the USD value of all 12,440 coins across 544 crypto exchanges is worth $2.08 trillion, up 5.2% during the last 24 hours. Crypto Economy Moves Northbound Past the...
Kazakhstan Extends Power Cuts for Cryptocurrency Miners
3.2.2022
Crypto farms in Kazakhstan will remain unplugged until Feb. 7, as the local utility has extended power cuts for miners. The company points to ongoing difficulties with electricity supply as the main reason for the measure, which was supposed to expire at the end of January. Mining Facilities...
Coin Race: Top Winners/Losers of January
1.2.2022
The first month of 2022 is behind us, and as in nature so in the crypto markets – it was cold.
The month of December 2021 saw mostly lower prices for major cryptoassets. For example, bitcoin (BTC) and ethereum (ETH) both went down by close to 20%, which spelled absolute failure of many of...
Kazakhstan Shuts Down Crypto Mining Farms Till February
26.1.2022
Data centers minting cryptocurrencies in Kazakhstan were cut off from the nation’s power grid this week and will remain unplugged for the rest of January. The measure comes as the country faces electricity shortages blamed on crypto mining and blackouts in the cold winter months. Crypto...
Trading Platform Robinhood Announces Upcoming Launch of Cryptocurrency Wallets
2.1.2022
Trading platform Robinhood has announced the beta launch of its cryptocurrency wallets, which is set for mid-January. The company said 1.6 million people have signed up for the crypto wallets. Robinhood’s Crypto Wallets to Launch in Beta This Month Robinhood announced this week the upcoming...
Central Bank of Brazil Reports Brazilians Have Bought More Than $4 Billion in Cryptocurrency This Year
18.10.2021
Brazilians have brought over $4 billion of cryptocurrencies to the country, according to numbers from the Central Bank of Brazil. The commercial asset balance report presented shows that Brazilians have consistently acquired over $350 million dollars of cryptocurrencies each month since January....
Bitcoin’s Hashrate Drops Below 100 Exahash, Observers Describe China’s ‘Great ASIC Exodus’
23.6.2021
Most of the crypto community has been focused on the developments in China and more specifically, the crackdowns against bitcoin miners in Inner Mongolia, Xinjiang, Qinghai, Yunnan, and Sichuan. On Wednesday morning (EST), Bitcoin’s overall hashrate has continued to drop and is now below...