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Bitcoin Hashrate Hits Historic 500 EH/s Peak


On November 22, 2023, data revealed that Bitcoin’s hashrate, as calculated on a seven-day moving average, attained an unprecedented level of 500 exahash per second (EH/s), which is tantamount to about 0.5 zettahash per second (ZH/s). Additionally, with just over a week remaining until...

Bitcoin User Unwittingly Pays $3.1 Million in Single Transaction Fee


Onchain data reveals a staggering incident where a bitcoin user inadvertently paid a fee of 83.65 BTC, amounting to a costly mistake of $3.1 million, in a single transaction. This blunder occurred in block 818,087, mined by Antpool, marking the highest fee ever recorded on the Bitcoin blockchain....

Trader Cashes In $12M as Blur NFT Platform Airdrops 300M Tokens to Users


A cryptocurrency trader scored big with a $12.1 million haul from Blur’s NFT token airdrop. Image by Vladimir Kazakov, Adobe Stock. The popular NFT marketplace Blur recently concluded an end-of-season airdrop, distributing 300 million reward tokens worth around $160 million to traders on...

City of Lugano adds Polygon PoS to MyLugano payment app


The City of Lugano aims to become the blockchain capital. It would be right to assume that it is on the path to achieving that mission since it has upgraded its native payment application, MyLugano, to include Polygon PoS. This means that application users can conduct payments across the entire...

KPMG and Chainalysis to combat fraudulent crypto transactions


KMPG of Canada and Chainalysis have joined hands and, with the help of their collective experience, are preparing to fight the battle against cybercrime. As per the understanding between the two companies, KPMG will be connecting with the Chainalysis Solution Provider program. The association will...

LCX continues to shine, poised for ATH by the end of 2023


LCX is currently trading at $0.06533, with a rise of approximately 18.83% in the last 24 hours. This also makes up for an increase of 44.90% in the last seven days, or one week. The hike in the valuation of the token has caught the attention of a large number of crypto enthusiasts, who are …

Is the world’s response to Crypto defining the future of mass adoption?


With their leader, Bitcoin, at the forefront, Cryptocurrencies have emerged as a feasible alternative to the established and outdated centralized financial system. The global impact of this phenomenon is evident in the diverse reactions from various countries and regions. While certain nations...

Can Ripple (XRP) compete against leading cryptocurrencies in 2024?


Ripple Labs — a US-based technology company — created Ripplenet to resolve the ineffective payment mechanism.  RippleNet was created to give banks a faster, more cost-effective, and simplified option for performing cross-border transactions by facilitating payments using its XRP cryptocurrency...

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