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January 3, 2023

Blockchain fintech GammaRey signs $320M merger agreement

Blockchain fintech GammaRey signs $320M merger agreement

[ad_1] According to an announcement on Jan.3, blockchain fintech firm GammaRey signed a merger agreement with financial e-commerce and consumer data analytics company GoLogiq. Both companies are based in the U.S., while GoLogiq focuses on customers in Southeast Asia.  As stipulated by the terms, GoLogiq will issue $320 million in common stock to acquire 100% […]

Declining Interest Leads to Poor Market Performance for Ethereum Proof-of-Work Forks

Declining Interest Leads to Poor Market Performance for Ethereum Proof-of-Work Forks – Market Updates Bitcoin News

[ad_1] After transitioning from proof-of-work (PoW) to proof-of-stake (PoS), the Ethereum community saw the launch of two new PoW Ethereum forks: ethereumpow and ethereumfair. In the past four months, the value of both coins has dropped by 94.8% to 98.4% in U.S. dollars. PoW Ethereum Forks Ethereumpow and Ethereumfair Suffer Significant Value Loss After Launch […]

Bitcoin mining difficulty

Bitcoin Mining Difficulty Sees Sharp 3.59% Drop

[ad_1] The bitcoin mining difficulty had adjusted upward for the majority of 2022, recording its highest correction in the same year. However, 2023 kicked off with a downtrend as the mining difficulty has begun to drop. A sharp drop in this metric recorded in the early hours of Tuesday could be the start of a […]