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Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025
28.3.2023
Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates...
First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B
27.3.2023
According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as well as the 17 branches that...
Cardano news hints at possibility for product integration from Avorak AI
27.3.2023
AI integrations in the rapidly changing world of Blockchain technology are a must for secure, scalable, and user-friendly applications. A recent piece of Cardano news has caught the attention of Blockchains and AI enthusiasts as it hints at the possibility of product integration between Cardano...
DigiToads ICO edges out FightOut and Metacade for top crypto presale of March 2023
27.3.2023
It is ICO season, and new projects scramble to be the best. Funding rolls in, and investors wait in anticipation, but which project will come out ahead? DigiToads ICO has outperformed two prominent crypto projects that launched their presales in March: FightOut and Metacade. DigiToads (TOADS) Both...
Novatti and AUDD take part in CBDC pilot
27.3.2023
The Novatti Group, a top-tier fintech that enables businesses to pay as well as be paid, is extremely proud to make its formal announcement about its participation, along with AUDD, in a CBDC pilot project. This will be a research-based initiative to examine potential use cases and financial...
Bitcoin and Ethereum communities call off their arguments
27.3.2023
For the sake of the crypto community, it is important to note that the well-being of every crypto, and thereby every crypto community, is equally important. Bitcoin rules the market with no definite timeline for allowing someone else to take the top position. Ethereum is doing its best, but...
Venezuela's Anti-Corruption Investigation Rocks Cryptocurrency Industry: Exchanges and Mining Farms Shut Down
27.3.2023
Venezuelan crypto companies - specifically mining farms and exchanges - have reportedly been ordered to shut down over the past few days, following the President's order to restructure the country’s crypto regulatory agency. They seem to have been a casualty of an investigation that resulted in...
Binance strengthens its Georgia presence with a new regional hub
27.3.2023
Binance has held events and initiatives in Georgia. A regional hub strengthens that presence and accelerates the crypto firm’s offerings. According to an announcement published by Binance, the firm will undertake activities like blockchain education, talent acquisition, and accelerating...
Crypto exchange Binance launches new regional hub in Georgia
27.3.2023
Currently employing 25 people in Georgia, Binance aims to create “dozens more jobs” with the launch of its regional hub by the end of 2023
TMS Network gains more than $2.5M in presale; while Litecoin & Monero stands primed for massive profits
27.3.2023
2023 is the year of crypto underdogs. While popular investments like Litecoin (LTC) and Monero (XMR) have performed poorly, TMS Network (TMSN) has already increased in price by 700%, offering great returns for bullish investors. As Q1 ends, analysts now predict that TMS Network will surge further...
When Should You Use Crypto Trading Bots?
27.3.2023
Crypto trading bots are handy and efficient automated devices that help crypto dealers buy and sell cryptocurrencies in the nick of time. These automated programs typically perform by using Artificial Intelligence. The beauty of this crypto trading software is that it contributes very much...
Orbeon Protocol (ORBN) may overtake ImmutableX (IMX) and Fantom (FTM) by a great margin
27.3.2023
ImmutableX (IMX) and Fantom (FTM) are two outstanding crypto projects many prospective crypto investors consider investing in. Recently, though, Orbeon Protocol (ORBN) is gradually becoming a force to reckon with in the crypto industry with predictions that the ORBN token may overtake FTM and...
A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking
27.3.2023
Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to data from the Federal Reserve. Recently, the U.S. central bank denied Custodia Bank of Wyoming, a financial institution that holds $1.08...
US Seizes 18 Crypto ATMs Purchased Using Fraudulent SBA Loans — Arrests Owner
27.3.2023
U.S. law enforcement has seized 18 cryptocurrency ATMs that were purchased using fraudulent loans from the Small Business Administration (SBA) meant to assist small businesses financially harmed by the Covid-19 pandemic. The loans were also used to purchase bitcoin from a New York-based...
US Lawmaker Introduces Bill to Affirm Blockchain Developers and Non-Custodial Services Are Not Money Transmitters
27.3.2023
A U.S. lawmaker has introduced the Blockchain Regulatory Certainty Act to ensure that developers and non-custodial service providers in the crypto space are not considered money transmitters and are not subject to the same level of regulation as custodial cryptocurrency exchanges. “The longer...
Arrested Bitzlato Exchange Founder Seeks Help From Crypto Community
27.3.2023
The founder of crypto exchange Bitzlato, who is facing a money laundering case in the U.S., is seeking support from members of the community. Anatoly Legkodymov was arrested in January for his role in the trading platform which allegedly processed millions of dollars’ worth of illicit funds....
US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion
26.3.2023
As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that...
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
26.3.2023
According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC...
Nasdaq Aims to Launch Crypto Custody Services in Second Quarter
26.3.2023
Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector which saw the collapse of some major...
Will Avalanche & Cosmos maintain their DeFi dominance, or will TMS Network disrupt the ranks over 2023? It has already made more than $2.5M!
26.3.2023
In the world of decentralized finance (DeFi), Avalanche (AVAX) and Cosmos (ATOM) have been leading the pack for some time now with their robust infrastructures and growing user bases. However, a new player has entered the field, and many are wondering if TMS Network (TMSN) will disrupt the ranks...