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Luxembourg's Antitrust Authority Initiates Probe into Blockchain and Web3 Competition
7.6.2023
A country in Western Europe, Luxemburg, is making moves amid actions by individual jurisdictions in the European Union for dedicated crypto regulations.
In the latest development, the country's competition regulator, Autorité de la Concurrence, launched a market study on Web3...
Luxembourg Antitrust Authority to Probe Blockchain, Web3 Competition
6.6.2023
The market study may be the first of its kind to examine Web3 competition dynamics
Ocean Protocol faces stiff competition from InQubeta, Bittensor, & other AI coins
5.6.2023
The world of cryptocurrencies is abuzz with excitement as AI coins continue to dominate the market. While Ocean Protocol (OCEAN) has made significant strides in the AI sector, it now faces stiff competition from emerging players such as InQubeta (QUBE), Bittensor (TAO), and other AI-focused tokens....
Liquid Staking Protocol Lido’s Defi Dominance Swells From 7% to 26% in 12 Months
25.5.2023
According to statistics, the liquid staking platform Lido accounted for 7.45% of the total value locked in decentralized finance (DeFi) a year ago today. Since then, Lido’s market dominance has significantly increased over the last 12 months to its current 26.18% share. Lido’s Market...
30-Day Bitcoin NFT Sales Surge to $173 Million, Securing Second Place in Blockchain Market
24.5.2023
In the past month, recent data reveals that sales of non-fungible tokens (NFTs) originating from the Bitcoin blockchain have surged to $173.28 million. Surpassing 20 alternative blockchain networks, Bitcoin-based NFT sales now secure the second position in the realm of blockchain sales, with only...
Bitcoin Mining in 2023: 18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed
16.5.2023
According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable using today’s bitcoin exchange rates. Additionally, the top bitcoin mining machines today are made by three prominent ASIC manufacturers,...
Brazilian Chess Competition to Hand Winners NFTs
10.5.2023
The organizers of a new Brazilian chess tournament say they will reward winners with non-fungible tokens (NFTs).
Per the Brazilian media outlet Livecoins, the event will be “nationwide” and has been organized by a fintech firm named Inkluziva.
The event will open to students “in the national...
Bank of America: Threats to US Dollar’s Dominance Largely Domestic — Not BRICS Currency or Chinese Yuan
9.5.2023
Bank of America has warned that the key threats to the U.S. dollar’s dominance are largely domestic, as opposed to competition from other currencies, including a BRICS currency. “U.S. fiscal brinkmanship, with risks for government shutdown, or even worse a default, keeps coming up during debt...
Solana Founder Unfazed by FTX Troubles and Growing Blockchain Competition – Here's the Latest
5.5.2023
Solana Labs founder Anatoly Yakovenko remains confident about the prospects of the Solana blockchain amid increasing competition from other emerging blockchain networks.
At least six blockchain networks are set to launch soon, with Scroll, Linea, and the Coinbase-backed Base projects already...
'Shark Tank' but Make It Crypto: CoinMarketCap Launching New Competition TV Show
1.5.2023
"Killer Whale" will allow entrepreneurs to pitch ideas for new Web3 products and projects to a panel of judges
Sparklo rises above the competition, leaving Litecoin and XRP in the dust
30.4.2023
Sparklo (SPRK) is making waves as it outshines established digital assets like Litecoin (LTC) and XRP In the dynamic crypto world. With innovative features and promising potential, Sparklo is capturing the attention of investors, propelling it ahead of the competition, and leaving legacy...
The Steam Deck Is About To Have Some Major Competition
27.4.2023
When the Asus ROG Ally windows PC gaming handheld was originally revealed, it seemed like just another quick cash-in on the popularity of the Steam Deck. The specs turned out to be quite impressive, however, and now the price looks almost too good to be true. The Verge reports the Ally will only...
This Mom Didn't Know She Was In A $250K Candy Crush Tournament, But She's Killing It
19.4.2023
Erryn Rhoden is an ordinary person who works at her family’s roofing company in Columbus, Ohio. She’s also the top-ranked player in her semifinal bracket for the Candy Crush Saga All Stars Tournament, the biggest Candy Crush tournament in history, which she entered by accident. That makes her...
Chip Giant Intel Abandons Bitcoin ASIC Production
19.4.2023
After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that...
ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations
18.4.2023
There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can maintain its debt obligations. However...
Australian crypto scams increased by over 162% with nearly $150M lost
18.4.2023
While the total figures are “alarming,” crypto scams accounted for 7.1% of the total $2.08 billion stolen from Australians in 2022
Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet
11.4.2023
On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current...
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...
Undeads Announces the Prize Pool of MAYC, BAKC and Otherdeed NFTs for It’s Holders
22.3.2023
PRESS RELEASE. Dubai, UNITED ARAB EMIRATES, March. 22nd, 2023, Undeads Metaverse, a highly anticipated AAA Web3 game, is excited to announce a competition for Undeads NFT holders. The competition will be broken down into three prizes. The first prize is the coveted MAYC NFT, while the second prize...
The Sims Is Getting Some Competition From Paradox
21.3.2023
Strategy specialists Paradox had the weirdest press show the other week, in which they announced a Sims competitor but didn’t actually say or show anything about it. Now they have.Read more