Chainlink – a blockchain oracle platform – recently announced that its price feed technology has been launched on the Solana network. This information will help Solana defi developers use live price information for various financial services. The oracle platform has announced that seven price feeds will be made available for Solana developers. These include BTC/USD,...Read More
KenGen, Kenya’s largest producer of electricity, has announced plans to attract Bitcoin miners to use its geothermal energy. According to the report, the company will provide its surplus geothermal power to miners. So far, Kenya does not have any cryptocurrency mining farms. It is believed that the company is reaching out to Bitcoin miners about...Read More
[PRESS RELEASE – Seoul, South Korea, 2nd June 2022] After years of collaboration, FactBlock, Hashed, ROK Capital, and MarketAcross partner to bring back the biggest crypto event in Asia MarketAcross, the world’s leading blockchain PR & marketing firm, has been appointed the official global media partner for the Korea Blockchain Week (KBW), Asia’s flagship blockchain...Read More
[PRESS RELEASE – Los Angeles, United States, 1st June 2022] Veteran Hollywood filmmakers Ben Rosenblatt and Micho Rutare launch $FLIX, a novel crypto-token, in order to reinvent how independent films are financed, produced, and distributed. Their company American Meme will leverage FLIX to raise capital for a slate of indie films that appeal to both...Read More
[PRESS RELEASE – Please Read Disclaimer] 1xBit, the crypto bookmaker, is kicking off a sports bet tournament titled Benefit Season, where cricket lovers can bet on upcoming match fixtures. In this event, players have the opportunity to win hefty bounties in bitcoin for the longest streak of winning bets on any cricket matches. The bettor...Read More
Jump Crypto – the crypto dedicated arm of Jump Trading – has released a report analyzing the early stages TerraUSD (UST)’s de-pegging event. The company, which was heavily involved with Terra’s blockchain, found that a small set of whales were responsible for triggering UST’s initial price pressure. Low Liquidity on Curve According to the report...Read More
The Parliament of Japan reportedly passed legislation that will put stablecoins under enhanced scrutiny. The initiative aims to give local investors further protection when dealing with such assets. Japan Sees Stablecoins as Digital Money According to a recent Bloomberg report, the Japanese authorities issued new guidelines on stablecoins. The lawmakers granted the assets a legal...Read More
The Biden administration is reportedly preparing policy recommendations to reduce the energy consumption by cryptocurrency mining rigs and control emissions footprint. According to coverage by Bloomberg, the report on energy consumption that will include cryptocurrency mining, emissions, grid strain, and noise is expected to release in coming August. Costa Samaras, principal assistant director for energy for...Read More
EGO.com, a Cardano-based NFT services provider with an iconic name, has been making rounds within the NFT space. This up-and-coming project with a promise to facilitate a “Digital Renaissance in art” is quickly gaining a “crypto gem” reputation in the current bear market. EGO.com, a decentralized creative realm for artists and collectors, is quickly gaining...Read More
With Bitcoin facing bearish momentum once again, falling below the $30k level, Terra 2.0 (LUNA) continues to trade sideways at the $6 level, and Terra Classic (LUNC) loses yet another zero, currently trading at $0.00009454 with a market capitalization of $617 million and falling. Let’s look at any relevant news regarding LUNA and LUNC and...Read More
Mining of Proof-of-Work (PoW) has hit a major roadblock as New York lawmakers passed a bill that bans certain mining operations that rely on carbon-based power sources. What’s at Stake? The bill calls for a two-year moratorium on certain cryptocurrency mining operations which use PoW(Proof of Work) authentication. If it passes, PoW-based mining companies won’t...Read More
Arthur Hayes, the co-founder and former CEO of leading crypto derivatives platform BitMEX, said Terra’s failure was a byproduct of the macroeconomic environment as the Feds raised rates and tightened up its balance sheet. He also expressed conviction on the broader market in the medium and long term, reiterating that Ethereum could still reach $10,000...Read More
The crypto space, ever since the beginning of 2022 trade, displayed its misty behavior and due to which many traders still remain aloof. Just after a minor spike, most of the assets experience a drastic dip, whipping out the gains of the past couple of days. Therefore, now that the bears appear to have become...Read More
Despite the crypto markets plunging again after a short-lived run sending Bitcoin above the $32,000 level, Changpeng Zhao (CZ) – the CEO of the largest crypto exchange by trading volume – reiterated his bullish view on the industry in the long run. He insisted that the asset is an investment as well as a currency,...Read More
The Government of El Salvador keeps delaying the issuance of the much-expected bitcoin bonds due to the falling prices, as indicated by the Minister of Finance during an interview. On June 01, Alejandro Zelaya, El Salvador’s Finance Minister, said that it was not yet time to launch the Vulcano Bonds (bitcoin bonds) because the price...Read More
Australia’s First Crypto spot ETFs have witnessed extremely low trading volume since the launch back in the mid of May. On the debut of 21Shares’ spot Bitcoin and Ethereum ETFs, the volume was only around $656,000 and $415,000 respectively. The two Crypto spot ETFs in Australia have both been coldly received by investors since they...Read More
