[ad_1] Despite Bitcoin being up over 100% year-to-date (YTD), a recent report shows that this hasn’t necessarily translated to profits for the network’s miners. Instead, these miners seem to be experiencing a downturn in their revenue even as the Bitcoin Halving looms. Bitcoin Miners’ Revenue Down By Over 30% According to a report by BanklessTimes, […]
[ad_1] KyberSwap intends to provide financial assistance to users affected by a significant exploit on Nov. 22, which led to a $48.8 million loss for the decentralized finance protocol. To address this, KyberSwap is establishing a grant initiative from its treasury to offer compensation to those adversely affected by the event. The grant is designed […]
[ad_1] Shibarium has crossed a new milestone in the space of a few days. The layer-2 solution built for Shiba Inu’s ecosystem just saw transactions spike an astounding 4,400%, registering 748,230 transactions in the past 24 hours. Numbers like this demonstrate the sheer adoption rate of Shibarium, and investors are left wondering if high valuations […]
[ad_1] We’re rolling out genuine use cases for AI and crypto each day this week — including reasons why you shouldn’t necessarily believe the hype. Today get two for the price of one: Blockchain based AI marketplaces, and financial analysis. It may not seem like the most exciting use case blending AI and crypto, but […]
[ad_1] 30 Nov 2023 Karlsen Network and the Karlsen Coin (KLS) is a new project that is forked from Kaspa (KAS) with a a modified Proof of Work algorithm called KarlsenHash that prevents KAS ASICs to mine the coin. The project is still new and early and not much information is available, so you should […]
[ad_1] It appears that withdrawals from crypto exchange Binance have largely subsided after its $4.3 billion settlement with the U.S. Department of Justice last week. Data from blockchain analytics firm Nansen shows that Binance witnessed a net inflow of $87.4 million in Ethereum token deposits in the past seven days. Meanwhile, the net withdrawal of […]
[ad_1] The Bitcoin price has been steadily moving around its current range as 2023 comes to an end. Recent data cast light on the current market structure and what could trigger an extension in the bullish momentum. As of this writing, Bitcoin (BTC) trades at $37,900 with a 1% loss in the last 24 hours. […]
[ad_1] United States personal finance company SoFi Technologies will end crypto trading services for its users by Dec. 19. According to the Nov. 29 announcement, new crypto account openings on SoFi are suspended immediately. All existing SoFi crypto users must either migrate their accounts to Blockchain.com or close them. In addition, customers residing in Hawaii, […]
[ad_1] Chainlink, a widely used distributed computing platform, has recently introduced an upgrade to its staking capabilities. Known as Staking v0.2, this new version adds an extra layer of security to the network and stands as a key component of Chainlink’s Economic 2.0 strategy. The anticipated duration for the migration of the protocol for the […]
[ad_1] Bitcoin (BTC) miner Canaan is seeking new capital amid a slump in its revenue and bottom line. According to its Q3 2023 earnings report released on Nov. 28, the company seeks to sell $148 million in equity through an at-the-market offering. The day before, Canaan announced that it had reached an agreement with an […]