On-chain metrics suggest Cardano is due a reversal of fortunes
San Francisco-based exchange Kraken published a report showing “exponential growth” on Cardano for almost every adoption metric listed. “we see...
Month: February 2022
IRS signals tax case retreat on staking, but the rules haven’t changed for everyone else
In 2019 Joshua Jarrett earned block rewards on proof-of-stake networks, paid taxes as if those rewards were income, and in...
Extreme weather conditions forces crypto miners to halt operations
Bitcoin miners in Texas are downing tools for some days due to the anticipated extreme weather conditions expected to hit...
Report: Bitcoin mining carbon emissions contribute nearly 0.08% globally
The new CoinShares report underlines the network’s recent carbon emissions, which amount to nearly 0.08% globally, are insignificant numbers compared...
Breakdown: How the hacker stole 80k ETH from the Solana Wormhole bridge
One of the worst hacks against the Solana blockchain happened on Wednesday when a hacker managed to transfer 80,000 ether...
Technical Analysis: Gamestop Partnership Sends IMX 35% Higher
Immutable X avoided Thursday’s red wave, and was one of this week’s biggest crypto gainers, following news of a partnership...
Video Game Retailer Gamestop Partners With L2 Startup Immutable X, Launches $100 Million NFT Fund
Last May it was discovered that the video game retail giant Gamestop was stepping into the world of non-fungible token...
India’s Prime Minister Modi: Digital Rupee Will Strengthen Digital Economy, Revolutionize Fintech
India’s prime minister, Narendra Modi, says an Indian central bank digital currency will strengthen the digital economy. The digital rupee...
Bitcoin, Ethereum Technical Analysis: Ethereum Down 6%, Crypto Red Wave Returns
Bitcoin and ethereum saw recent losses extended on Thursday, as global cryptocurrency markets declined during today’s session. Solana was also...
Coinbase Shares Declined 50% From All-Time High, Stock Follows Bitcoin’s Ups and Downs
Roughly nine months ago, Coinbase’s initial public offering (IPO) via a direct listing on Nasdaq launched, and shares swapped for...
GensoKishi Online Initiates First NFT Auction
press release PRESS RELEASE. GensoKishi Online Metaworld is a GameFi and metaverse incarnation of GensoKishi Online, which received the ‘Game...
South African Regulator Urges Public to Be More Cautious When Dealing With FTX, Bybit
The Financial Sector Conduct Authority (FSCA) has warned the investing public to be cautious when trading on the cryptocurrency platforms...
Paxful launches a Bitcoin education center in El Salvador to boost adoption
El Salvador allowed the use of Bitcoin as legal tender last year. However, the major issue with this move was...
Here’s Why Bitcoin Can Be the Native Currency of the Internet, According to Ex-Twitter CEO Jack Dorsey
Twitter co-founder and former CEO Jack Dorsey believes that Bitcoin (BTC) will be the native currency of the internet despite...
a16z-backed TrueFi launches DeFi lending market for asset managers
Stablecoin operator TrustToken has launched a new lending marketplace that allows asset managers to create their own decentralized finance products,...
