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First Mover Americas: Coinbase Seeks New Revenue Stream From Layer 2 Network
10.8.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
BNB Chain hard fork to improve security & compatibility with EVM chains
10.8.2023
Binance’s BNB Chain is set for two upgrades that are aimed at improving finality of the network and compatibility with other EVM blockchains
Bitcoin Network Adjusts: Mining Difficulty Rises 0.12% to 52.39 Trillion
10.8.2023
Bitcoin miners saw a slight increase in mining difficulty on August 9, 2023, at block height 802,368, as the difficulty rose 0.12% from 52.32 trillion to 52.39 trillion. Over the last 2,016 blocks, miners recorded an average hashrate of about 376.5 exahash per second (EH/s). Miners Experience...
Aptos token rises 11.6% after Microsoft deal to marry AI with blockchain
10.8.2023
APT pumped 17.6% within the first 50 minutes before cooling off to $7.51 — still 11.6% above pre-announcement levels
Base network has officially launched: Here's how it can be used
9.8.2023
Coinbase's Base network completed its phased launch on Aug. 9, and is officially open to end-users
Bitcoin Lightning Network is growing, but 3 major challenges remain
9.8.2023
The Lightning Network is growing, but liquidity issues and a need for greater user awareness continue to hinder mainstream adoption
DeGame and Particle Network join hands with Linea
9.8.2023
DeGame has announced that Linea has achieved a major milestone in coming up with a gaming ecosystem. Per the announcement, Linea has joined hands with DeGame and Particle Network with the aim of leveraging their individual capabilities and coming up with an innovative gaming ecosystem....
Why are XDC Network, Optimism, and Pomerdoge pumping after the market dip?
9.8.2023
Despite the recent market dip, XDC Network (XDC), Optimism (OP), and Pomerdoge (POMD) have sparked a price rally. Their values have surged in the past week, raising questions about the factors driving their positive momentum. Let us look at some possible reasons behind their bullish price movement....
Free Bitcoin on Zaps experiment — but what are Zaps?
8.8.2023
Why a Canadian Bitcoin advocate is giving out free Bitcoin tips, or Zaps, to people around the globe–and why the Zap trend is catching on
Polyhedra Network & Lagrange Labs collab for optimistic rollups
8.8.2023
Polyhedra Network has announced its partnership with Lagrange Labs. The objective of the partnership is to solve zkBridging for optimistic rollups. Interestingly, this marks the first instance of both of them coming together to enable zkBridging with the offering of instance finality of optimistic...
Best Crypto to Buy Now 7 August – XDC Network, Kaspa, Algorand
7.8.2023
PayPal, the global payments giant, continued its journey into the cryptocurrency space with the launch of its own stablecoin today, PayPal USD (PYUSD).
This development marks a significant stride since PayPal's initial foray into the cryptocurrency industry in late 2020.
Given this development...
Controversy as MakerDAO's Spark Protocol blocks users with VPNs
7.8.2023
Users attempting to access Spark Protocol with a virtual private network will not be able to, sparking criticism from supporters of privacy
US Court Dismisses Former Celsius Network CEO’s Motion to Block New York Attorney General’s Lawsuit
7.8.2023
Former Celsius Network Alex Mashinsky will now have to defend himself against a lawsuit filed by New York Attorney General Letitia James after a New York County Supreme Court Justice rejected his attempts to have the suit dismissed. The court’s decision blocks the attempt by Mashinsky to stop James...
Bitcoin’s Historic Surge: Record 682,281 Transactions in a Day Mark 2023 as Year of Increased Activity
6.8.2023
In a year marked by historic milestones, the Bitcoin network has recorded its most active period ever, processing the highest number of confirmed transactions per day. The network reached an all-time high on May 1, 2023, with 682,281 transactions. This unprecedented activity began its upward trend...
Best Crypto to Buy Now 4 August – GMX, XDC Network, Injective
4.8.2023
One of the largest pieces of news impacting crypto markets today is that Coinbase has requested the dismissal of a lawsuit filed against them by the United States Securities and Exchange Commission (SEC), according to an announcement made today by Paul Grewal, the company's Chief Legal Officer....
'Suspicious' Multichain Wallet Dumps $1.8M WOO Network Tokens; Price Drops 8%
4.8.2023
An Ethereum wallet funded by a beneficiary of the Multichain exploit has sold $1.8 million worth of WOO Network (WOO) tokens on Uniswap, causing the price to slump by 8%
Theta Network & The Squad hosts the MetaCannes Film3 Festival
4.8.2023
Theta Network joined a partnership with The Squad to hold the first MetaCannes Film3 Festival. The parties used Theta Network’s next-gen DRM technology to conduct the event. According to the official Twitter/X account of Theta Network, the event helped build the future of entertainment and media....
Crypto Assets Held in Self-Custody Wallets Have ‘a Non-Zero Chance’ of Getting Stolen — Fairside Network CEO
4.8.2023
According to Brandon Brown, the co-founder and CEO of Fairside Network, self-custody crypto wallets generally lack inbuilt insurance coverage to protect against theft or loss. Brown attributes this to the challenges encountered when assessing digital asset risks as well as “the absence...
Coinbase Looking to Add Lightning Network Support
4.8.2023
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, is moving to add support for Lightning Network on its trading platform. Brian Armstrong, CEO of Coinbase, confirmed that the exchange was looking into the best ways to achieve this task, reaffirming his support for bitcoin payments....
Social Media Bots Played Crucial Role in Inflating Value of FTX-Listed Crypto Assets, Report Finds
4.8.2023
New analysis from the Network Contagion Research Institute (NCRI) reveals that bots on the social media platform X (formerly Twitter) likely played a major role in amplifying the value of cryptocurrencies tied to the now-defunct FTX exchange and its sister firm Alameda Research. Social Media Bots...