Browsing Category
Bitcoin
Bitcoin Network’s Mining Difficulty Drops 3.9% to 70.34 Trillion, Easing Miner Workload Amid Texas…
On Saturday, the Bitcoin network experienced its first difficulty reduction of the year, witnessing a 3.9% decrease at block height 826,560. As a result, the network’s mining difficulty now stands at 70.34 trillion, with the next…
Heightened Bitcoin Fees and Erratic Mining Revenues Herald Murky Shift as Halving Nears
Recent statistics reveal that for the past 75 days, starting from Nov. 6, 2023, the average transaction fee on the Bitcoin network has consistently stayed over $5. Additionally, since Dec. 4, 2023, these fees have predominantly been over…
Tron Refutes UN Study Findings Linking TRC-20 USDT to Bad Actors
The Tron Decentralized Autonomous Organization (DAO) has rejected a United Nations assessment which suggested that bad actors are behind most tether transactions facilitated via its protocol. It also sees its over 50% share of the USDT…
Cogwise (COGW) Projected to Reach Top 30 Tokens on CoinMarketCap in 2024
The world of cryptocurrency has seen a surge in popularity over the past few years, with many investors turning to digital currencies as a way to diversify their portfolios. However, with the increasing number of cryptocurrencies on the…
Study Shows Number of Crypto Developers Up by 52% Since 2018
Over the past five years, the number of established developers with more than 2 years experience of working in crypto grew at an annualized rate of 52%. According to the findings of a study, established developers (2+ years) together with…
Spartan Group’s Report Reveals Bitcoin’s Untapped Potential via Emerging Layers
A new report details how Ordinals and other layer-two innovations can reshape Bitcoin’s role in the digital economy, moving it beyond just a store of value.
New Report Outlines How Bitcoin Can Evolve to a Multi-Layered Ecosystem
The…
Chainalysis Reveals Decline in Crypto Crime, Shift to Stablecoins in 2024 Crime Report
Chainalysis’ latest report reveals a dual trend in the 2023 crypto crime landscape: a notable decrease in overall value of criminal transactions and a surprising shift from bitcoin to stablecoins as the preferred medium for illicit…
Tokenized Asset Coalition Expects Tokenization to Grow in 2024
The Tokenized Asset Coalition (TAC), a membership organization that promotes the institutional adoption of tokenization practices to bring real-world assets to the blockchain, has published its State of Tokenization report. The document…
RBI Chief: Crypto Threatens Rupee Stability, Urges Investors to Be Cautious
The head of India’s central bank, the Reserve Bank of India (RBI), has warned of significant risks associated with cryptocurrencies, particularly for emerging market economies. “It can impact your financial stability, currency…
US Senators Introduce Bill ‘to Combat Illicit Use of Crypto Assets’ Through Public-Private…
U.S. lawmakers have introduced a bill “to combat the illicit use of crypto assets.” The Preventing Illicit Finance Through Partnership Act “will allow federal regulators to work with the private sector to gain insight into…