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Redemptions Plague Stablecoin Economy, Wiping Out Over $2 Billion in June
2.7.2023
The market capitalization of the stablecoin economy on July 2, 2023, has fallen below the $129 billion mark to the current $128.21 billion, according to statistics. Just over $2 billion in stablecoins have been withdrawn from the stablecoin token economy since May 28. Stablecoin Economy Faces...
NFT Sales Dip in June — Ethereum Dominates, Bitcoin Stumbles, and Bored Ape Rises
1.7.2023
In June 2023, the sales of non-fungible tokens (NFTs) experienced a decline of 4.3% compared to the previous month. The latest figures show a slide from $739.50 million recorded in May to $707.70 million in June. June 2023 Sees a Slip in NFT Sales Data from cryptoslam.io reveals that NFT sales...
Federal Reserve Chair Pushes Stronger Measures to Tackle Inflation, Considers Back-to-Back Rate Hikes
1.7.2023
Federal Reserve Chair Jerome Powell has reaffirmed the Fed’s hawkish stance. Noting that the latest economic data indicates that the Fed’s policy “may not be restrictive enough” and “has not been restrictive for long enough,” Powell stated that the central bank could...
FedNow “early adopter” list contains no blockchains, but some may integrate later
1.7.2023
Two blockchain networks had previously announced integration with the Fed’s instant payment service, but they were not found on a new list of certified providers
Is Fednow the First Step Towards a Central Bank Digital Currency? Speculations Rise Ahead of Launch
30.6.2023
In recent days, there has been a buzz surrounding the upcoming debut of the U.S. Federal Reserve’s Fednow project, slated for July 1, 2023. The discussions surrounding this topic have sparked speculation about whether this marks the central bank’s inaugural foray into a central bank...
Investor Enthusiasm for Coinbase Shares May Prove Short-Lived: Berenberg
30.6.2023
The crypto exchange is faced with several risks that could trigger a reversal of the stock’s recent gains, the report said
North Carolina Advances Bill to Study Holding Bitcoin, Using Crypto to Hedge Against Inflation
30.6.2023
The U.S. state of North Carolina has advanced a bill to study holding cryptocurrencies, particularly bitcoin, in the state treasury. The bill appropriates $50,000 from the state’s general fund to study three areas, including “The process of acquiring, securely storing, insuring, and liquidating...
Here Are The Best 2023 Steam Summer Sale Deals
29.6.2023
OK, PC gamers, Steam’s annual Summer Sale is here. The event is active through July 13 at 1 p.m. ET and, as one of Steam’s biggest discount sessions, it covers a ton of best-selling indie and AAA games, like Dead Cells (now $12) and Sekiro’s GOTY edition (now $30).Read more
Bitcoin Difficulty Takes a Dip: Network’s First Downward Adjustment in 56 Days Signals Easier Mining Ahead
29.6.2023
On June 28, 2023, Bitcoin saw its first downward difficulty adjustment in 56 days, or since May 4, with a decline of 3.26%. This modification lowered the network’s difficulty to 50.65 trillion from its record high of 52.35 trillion on June 14. Bitcoin Mining Gets a Breather: Difficulty...
Crypto Exchange Binance’s Motion to Restrain SEC’s Public Statements Denied
29.6.2023
Binance’s attempt to prevent the U.S. Securities and Exchange Commission (SEC) from making public statements alleging that the crypto exchange mishandled U.S. customers’ assets has been denied by the judge overseeing its enforcement case. A former SEC head of internet enforcement warned...
Australian stock exchange may consider listing tokenized real-world assets
29.6.2023
The tokenized asset would need to be “appropriately backed” but could “absolutely” be listed in the future, said ASX chief information officer Dan Chesterman
Blockchain May Offer Answers for AI Challenges
28.6.2023
Artificial intelligence is already having a big impact on society, but it also has the potential to harm. Blockchain technology may help create safer, more effective AI systems
Bank of England's CBDC 'Britcoin' May Not Rely on Blockchain
28.6.2023
The Bank of England is still mulling over which technology will underpin its Central Bank-Backed Digital Currency (CBDC).
All other central banks are using Blockchain technology to issue their national digital currencies. However, the Bank of England has not decided on it yet.
The head of...
Silicon Valley: The Mecca for Venture Capital May Be Cooling on Crypto
27.6.2023
The storied birthplace of the U.S. tech industry is dripping with talent and money. But crypto founders who live in the No. 8 spot on CoinDesk’s Crypto Hubs 2023 list say that Web3 is losing ground to artificial intelligence in the race to capture the Valley's wallets and minds
Six Samurai: Anonymous Developers Seek to Revive Terra Classic Ecosystem
27.6.2023
While the co-founder of Terraform Labs has been sentenced to four months in jail in Montenegro, a team of six anonymous developers have been attempting to revive the Terra Classic ecosystem after its collapse in May 2022. The six programmers, known as the “Six Samurai,” wholeheartedly...
BTC price metric warns that Bitcoin speculators may sell past $33K
27.6.2023
Bitcoin speculators continue to form an important focus for BTC price analysis, as their profitability nears classic selling levels
Diablo IV’s Secret Endings May Tease The Game’s Future
26.6.2023
Diablo IV has been out since June 5, so folks have had enough time to beat the game and see its final cutscene. However, it seems there are some secret post-credit scenes that only a few players have been able to see. And now, folks lucky enough to witness those brief secret endings (it seems there...
JavaScript: Reverse Arrays
26.6.2023
Manipulating data is core to any programming language. JavaScript is no exception, especially as JSON has token over as a prime data delivery format. One such data manipulation is reversing arrays. You may want to reverse an array to show most recent transactions, or simple alphabetic sorting....
Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue
23.6.2023
Wirex cards may stop working in the European Economic Area but funds held in the account are safe, the company said
Binance US Restores USD Withdrawals, Suggests Users Withdraw or Spend Their Dollars
23.6.2023
The U.S. subsidiary of the world’s largest crypto exchange, Binance, announced it has resolved the issues with U.S. dollar (USD) withdrawals. The trading platform, which recently averted an asset freeze sought by the United States Securities and Exchange Commission (SEC), informed customers...