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Bitcoin Miners See 100 EH/s Exit Network as Prices and Revenues Fall


With bitcoin’s price declining 5% over the past week, miners have been experiencing reduced revenue as the hashprice has dropped to a level not seen since May. Currently, the hashprice, which is the estimated daily value of 1 petahash per second (PH/s), is below $50 and hovering just above...

Dogecoin whales exit, shedding 9% of total supply


According to IntoTheBlock, a market intelligence platform, there have been some significant changes in the Dogecoin community in the last year. In particular, there is a decline in the ‘whales’ – the addresses that own 1% or more of all Dogecoins in circulation. This could be viewed as a bearish...

Betting Odds Odds Suggest 24% Chance Joe Biden Will Exit 2024 Election Race


According to a bet on Polymarket, a decentralized predictions platform powered by Polygon, there’s a wager on whether current U.S. President Joe Biden will exit the 2024 election race. Currently, the likelihood of Biden stepping down has grown over the past few months to a 24% probability,...

VARA’s CEO Predicts Boom in UAE Crypto Market Post FATF Grey List Exit


Matt White, CEO of Dubai’s Virtual Assets Regulatory Authority (VARA), sees the Financial Action Task Force’s removal of the UAE from the grey list as a positive move, clearing the way for increased crypto-related investments.     The post VARA’s CEO Predicts Boom in UAE Crypto...

Binance to Exit Nigerian Market, Discontinues All NGN Services


Binance has revealed plans to exit the Nigerian market, discontinuing all services involving the local fiat currency, the Nigerian naira (NGN).  The post Binance to Exit Nigerian Market, Discontinues All NGN Services appeared first on Cryptonews

DeFi Risk Management Firm Gauntlet Joins Morpho Post Aave Exit


Quantitative research firm Gauntlet has joined Morpho, a trustless decentralized finance (DeFi) lending protocol, as a risk curator following its departure from Aave (AAVE). The post DeFi Risk Management Firm Gauntlet Joins Morpho Post Aave Exit appeared first on Cryptonews

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