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Bitcoin
Litecoin Transactions Hit Record High as Bitcoin Fees Surge Amid BRC-20 Frenzy
Transaction fees on the Bitcoin blockchain have hit a two-year high due to the growing popularity of so-called BRC-20 tokens.
Worldcoin Launches World App to Bolster Decentralized Identity and Finance for Mass Adoption
Worldcoin, the project supported by Openai CEO Sam Altman, has launched the World App to complement the release of World ID. The application aims to democratize decentralized identities and finance by utilizing World ID to enable users to…
Bitcoin Cash Rises 11% but Gains Could Be Short-Lived
The token was up 11% on the day, but analysts think the cryptocurrency will not be able to sustain its gains.
Meme Token PEPE Plunges Below $1 Billion Mark Amidst Market Decline
The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday, plummeting its market valuation beneath the $1 billion threshold to a present $790 million.…
Bitcoin Community Divided: Scaling Challenges Trigger Intense Debate as Mempool Overflows
This week, the Bitcoin community has been abuzz with discussions about the network’s scaling challenges. As the blockchain’s transfer fees continue to surge, the backlog of transactions stuck in the mempool has hit an…
FTX Founder Bankman-Fried Seeks Dismissal of Charges Filed After Extradition
Former CEO of crypto exchange FTX, Sam Bankman-Fried, has asked a judge in the U.S. to dismiss several charges against him filed after his extradition from the Bahamas. His lawyers insist that prosecutors have not obtained consent from…
Experts Say Nigeria’s Blockchain Adoption Strategy Likely to Add Clarity and Legitimacy to Ecosystem
The recent approval of a blockchain adoption strategy by the Nigerian government has been described as a milestone that will “add clarity, trust and confidence in the ecosystem.” The unveiling of the adoption strategy document…
STAR Unveils Opportunity for Japanese SMEs to Gain International Prestige
PRESS RELEASE. Tokyo, Japan, May 9th 2023, Chainwire. The STAR project is a new initiative to help Japanese SMEs gain international recognition and prestige. The project seeks to uncover the valuable products, technologies, and know-how of…
Liechtenstein Prime Minister Says Government to Accept Bitcoin Payments, Open to Investing Reserves…
Liechtenstein’s prime minister has reportedly revealed that bitcoin payments will be accepted for some government services. “A payment option with bitcoin is coming,” he said, adding that he is open to investing state…
Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion…
Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network. The exchange had to pause…