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Bitcoin
Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US Dollar
Experts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency that could lower Asia’s reliance on the greenback. The initiative comes against the backdrop of an expanding digital yuan…
Report: Paypal HK Halts Hong Kong Pro-Democracy Group’s Payments Over ‘Excessive Risks’
According to a report from a pro-democracy group in Hong Kong, Paypal HK has reportedly stopped processing payments for the League of Social Democrats (LSD). The pro-democracy group said that they were “stunned” to hear the…
The Size of Bitcoin’s Distributed Ledger Nears a Half Terabyte
Well over a decade ago, on January 3, 2009, the size of the Bitcoin blockchain was 0.285 kilobytes (kB) or around 285 bytes. Today, however, the blockchain’s ledger is nearly half a terabyte, or roughly 432 gigabytes.…
48% of Ethereum Blocks Face Censorship From OFAC-Compliant Flashbots
For a couple of years now, MEV-Boost relays or Flashbots have become popular tools in order to gather the maximum value that can be extracted from Ethereum’s block production. However, in recent times, Flashbots have been…
Biggest Movers: QNT Hits 10-Month High on Saturday
Quant rose to its highest point since the start of the year on Saturday, as prices climbed for a third straight session. In addition to this, tron was also higher, as the token attempted to break out of a key resistance point. Overall,…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower on Saturday, as Bears Reenter the Market
Bearish sentiment returned to cryptocurrency markets on Saturday, as bitcoin was once again in the red. The world’s largest token moved lower to start the weekend, following yesterday’s surge towards $20,000. Ethereum was also…
BTC Ownership in Canada Rises Sharply in 2021, Bank of Canada Study Shows 13% of Canadians Own…
This week researchers from the Bank of Canada published the central bank’s Financial System Review which highlights five key statistics tethered to Canadian bitcoin owners. According to the Bank of Canada’s metrics, 13% of…
Konami Launches Metaverse Push With Web3 Focused Hiring Spree
Konami, one of the most influential Japanese game development and publishing companies, has announced it will be introducing Web3 and metaverse technologies into its games. The company opened 13 different job openings for three departments…
War Spurs Crypto Activity in Russia and Ukraine, Chainalysis Reports
The deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in transaction volumes this…
Report: Turkey’s September Gold Imports up by 1,700% as Individuals Swap Falling Lira With the…
Turkey’s gold imports of just over 39,000 kilograms in September 2022 are more than 16 times the quantity that was brought into the country in September 2021. The surge in Turkey’s gold imports is reportedly being spurred by the…