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BRC20 Token Standard Sparks Frenzy in Bitcoin Community With Market Cap Surpassing $95 Million
3.5.2023
As of May 3, 2023, the Bitcoin blockchain has witnessed a staggering 3.35 million Ordinal inscriptions, and a new experimental token standard known as “Bitcoin Request for Comment,” or BRC20, has garnered substantial attention in the past week. With 10,487 BRC20 tokens built using...
Fuse blockchain pledges $10M for ecosystem development
3.5.2023
Grants valuing between $5,000 and $25,000 will be allocated to qualifying project teams
White House Council Reignites 30 Percent Tax on Crypto Mining
3.5.2023
The White House is pushing to tax cryptocurrency miners to “pay their fair share” for the costs inflicted on local communities and the environment.
Electricity used in crypto-mining was similar to what is used to power all of the country’s home computers or residential lighting, the White House’s...
Blockchain Association Leaves New York as Federal Regulatory Fight Looms
3.5.2023
The advocacy group will refocus its efforts on petitioning regulators and officials in Washington
Coinbase debuts international exchange following feud with a U.S. regulator
3.5.2023
The largest U.S.-based cryptocurrency exchange launched the Coinbase International Exchange, which will be open to institutional investors outside the U.S., following tension with the Securities and Exchange Commission over the past few weeks.
Institutional investors will be able to trade...
Digital Currency Group's Q1 2023 Revenue Jumps, CFO Michael Kraines Resigns – Here's the Latest
3.5.2023
Barry Silbert’s crypto conglomerate Digital Currency Group (DCG) saw its revenue rise 63% in the first quarter compared to the prior quarter, but it was still down on a year-over-year basis.
For the first quarter this year, DCG’s revenue totaled $180 million, up a respectable 63% from the prior...
Flare integrates blockchain API on Google Cloud Marketplace
3.5.2023
Google Cloud Marketplace adds support for nine different blockchain APIs, including Bitcoin and Ethereum, through integration with layer-1 oracle network Flare
Legal Twist Let South Korean Treasury Make $3.7m from Seized Crypto
3.5.2023
A legal twist allowed the South Korean Treasury to make a large profit on crypto seized by law enforcers in 2018 – and liquidated while Bitcoin (BTC) was trading for just under $40,000.
Recently published legal documentation shows that the Busan District Prosecutor’s Office seized coins “worth...
Crypto.com Unveils Amy: An AI-Powered Companion for Crypto Enthusiasts
2.5.2023
This year, the world has witnessed a surge in the popularity of artificial intelligence (AI) software, with a plethora of cutting-edge platforms such as Openai’s Chatgpt 3.5, Chatgpt 4.0, DALL-E, Stable Diffusion, and other innovative tools like Midjourney and Google’s Bard taking...
Bitcoin Hashrate Reaches All-Time High of 491 EH/s, Close to Half a Zettahash, as Network Preps for Next Difficulty Change
2.5.2023
While the next difficulty change for Bitcoin is just two days away, the network’s hashrate soared to unprecedented heights, reaching 491.15 exahash per second (EH/s) on May 02, 2023, at block height 787,895. This staggering amount of computational power came tantalizingly close to a half...
“Binance Japan” Set to Launch in June – Which Country Comes Next?
2.5.2023
The crypto exchange giant Binance is set to launch “Binance Japan” next month by rebranding a Japanese exchange it bought late last year.
Binance snapped up shares in the Sakura Exchange BitCoin (SEBC) trading platform in a deal finalized at the end of November 2022.
And per an official SEBC...
A16z Crypto Calls for 'More Nuanced' UK Regulatory Framework for Digital Assets
2.5.2023
Venture capital giant Andreessen Horowitz, better known as a16z, has called for a “more nuanced” approach to crypto regulations in the UK, saying the current don’t distinguish between risky centralized crypto systems and less risky decentralized systems....
Read More: A16z Crypto Calls for 'More...
Crypto and AI: Control the robots, incentivize the humans
2.5.2023
Does AI need blockchain and crypto to incentivise the humans in the loop — or to help keep the robots in line?
Number of Stablecoins Held on Exchanges Slips to 2-Year Low
2.5.2023
While the stablecoin exchange balance has dropped 44% this year, bitcoin's price has rallied by 70%
"Shark Tank" Meets Crypto: CoinMarketCap Launches "Killer Whale" TV Show
2.5.2023
Major crypto price tracking site CoinMarketCap is venturing into the world of reality TV with the launch of “Killer Whales,” a new contest show focused on Web3.
The show, inspired by the popular TV series “Shark Tank,” is being produced in partnership with Web3 entertainment company Hello Labs...
Art Auction Giant Sotheby's Unveils On-Chain NFT Secondary Marketplace
2.5.2023
Major auction house Sotheby’s revealed a secondary non-fungible token (NFT) marketplace that allows users to buy curated NFTs on the Ethereum (ETH) and Polygon (MATIC) networks.
Sotheby's is not new to the NFT realm, and this time they decided to expand their offering with a curated, peer-to-peer...
Istanbul will be hosting Eurasia’s largest Blockchain event once again on May 10–11, 2023
2.5.2023
Teklip, an innovative tech-advertising and media company, is proud to present the Blockchain Economy Istanbul Summit, Eurasia’s largest Blockchain event. Istanbul is one of the world’s oldest historically and culturally rich cities. According to current estimates, 16% of Turkey’s...
Bitcoin hash rates threaten blockchain decentralization
2.5.2023
The blockchain industry is facing a massive power imbalance — just like the traditional finance industry
Ethereum Network Fees Surge 153% in 30 Days, While Arbitrum Daily Transactions Outpace ETH Following Shapella Upgrade
1.5.2023
Ethereum network fees have experienced a significant upswing following the implementation of the Shapella upgrade on April 12th. In the last 30 days, onchain fees have soared by over 153%, from a prior rate of $4.65 per transfer to a current average of $11.80 per transaction. The data highlights...
Paysenger Launches IDO as the Platform Looks to Solve the Challenges of AI-Generated Art
1.5.2023
PRESS RELEASE. The rise of AI-generated art has created ethical concerns and challenges within the art community, as many artists perceive these tools as undermining their skills and exploiting their work for profit. Paysenger, a groundbreaking blockchain-based collaboration platform for content...