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Blockchain
NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023
Closing out the third week of January 2023, non-fungible token (NFT) assets saw a 16.39% increase in overall sales. 320,580 buyers participated in the NFT market action this past week, an increase of 43.48% compared to the week prior.…
FTX Debtors’ List of Assets Omits Mention of Large Stash of NFTs and ENS Names Owned by Alameda
This week, FTX debtors issued a press release and a 20-page document noting that bankruptcy administrators had located $5.5 billion in liquid assets. The document details that investigators discovered fiat currencies, crypto assets, and…
How Bitget Became a Dark Horse and Earns Market Share and Trust From Millions in Crypto Winter
2022 was one of the roughest years in the crypto industry, which saw the collapse of Terra LUNA, Celsius, and FTX, consequently wiping out over $2 trillion from the crypto market. However, the dark horse in the face of these ugly events was…
Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment
Vueling, a low-cost Spanish airline, has announced it is exploring the functionality of blockchain and NFT (non-fungible token) technology to accept cryptocurrency as a means of payment for its services. The company enlisted the aid of…
Ethereum Validator Count Surpasses 500,000 Ahead of Upcoming Shanghai Hard Fork
According to statistics, the number of Ethereum network validators on the Beacon chain exceeded 500,000 as of Jan. 12, 2023. The validator milestone comes as Ethereum core developers prepare for the Shanghai hard fork. Five days ago,…
SHIB Token Sees Rise Ahead of Shibarium Beta Launch
The meme token shiba inu has seen a rise against the U.S. dollar during the last seven days as the coin’s supporters anticipate the beta launch of the layer two (L2) scaling solution Shibarium. Developers detailed on Jan. 15, 2023,…
Onchain Researchers Discover $63M in Ethereum From Harmony Bridge Attack Moved, Hackers Attempt to…
On Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves, who are allegedly associated with the North Korean hacking syndicate Lazarus Group, moved 41,000…
Bradesco, One of Brazil’s Largest Banks, Launches Tokenized Credit Notes in Blockchain Pilot
Bradesco, one of the largest banks in Brazil and the third biggest in all of Latam, has entered the cryptocurrency world by issuing its first tokenized credit notes. The operation, carried out in partnership with Bolsa OTC, tokenized almost…
Bitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging
Bitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128. The network’s difficulty is now at an all-time high. This means, on average, it takes 37.73…
Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count
Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan.…