The US Senate is making a significant move towards integrating blockchain technology into national security. This decision aims to position America as a leader in blockchain, reflecting a shift in the Biden Administration’s stance on crypto, influenced by Trump’s campaign. The news comes as a big positive for Blockchain and Crypto enthusiasts who are surrounded …
Consensys, the Ethereum software developer firm that built the MetaMask wallet, announced the launch of a “MetaMask Delegation Toolkit” to enhance the user experience of blockchain applications. The announcement was made at the Ethereum Community Conference (EthCC) in Brussels, Belgium, where the company plans to begin onboarding developers to use its new product. The Delegation …
Paraguay Faces Bitcoin Mining Exodus Due to Power Fee Increase The recent hike in power fees by the National Power Administration of Paraguay (ANDE) has spurred Bitcoin mining companies to seek alternatives in neighboring countries like Argentina and Brazil. Migration of Mining Operations Industry insiders reveal that the 14% increase in power fees for Bitcoin …
Soaring Energy Costs Push Bitcoin Miners from Paraguay to Argentina Read More »
TRON founder Justin Sun announced that his team is developing a stablecoin solution aimed at increasing institutional adoption of such assets. On July 6, Sun revealed that a gas-free stablecoin solution will be launched on the TRON network in the fourth quarter of this year. In conclusion, market experts predict that demand for stablecoins will …
TRON developing gas-free stablecoin transactions. Read More »
German Government Extends Significant Bitcoin Transfers The German government has continued its significant Bitcoin (BTC) transfers, extending a trend that began last month. Details of Recent Transfers Bitcoin addresses linked to German authorities sent another 700 BTC, worth $40.47 million, to the ‘139PoP’ address this weekend. This transfer was identified by the on-chain analytics firm …
German Government Moves $40 Million in Bitcoin Amidst Calls for a Comprehensive Strategy Read More »
The highly anticipated documentary “Vitalik: An Ethereum Story” will premiere in September, offering an in-depth look into the life of Vitalik Buterin, co-founder of Ethereum (ETH), and the transformative journey of his groundbreaking project. Vitalik Buterin and Ethereum’s Journey Through the Lens After more than three years in the making, the documentary promises to reveal …
Upcoming Documentary ‘Vitalik: An Ethereum Story’ to Premiere in September Read More »
On July 5, the spot Bitcoin ETF market saw a notable resurgence, with a net inflow of $143.1 million. This brought the cumulative net inflow to $14.76 billion and $2.81 billion in total value traded, marking the highest inflow for the month after two days of continuous outflows. Impact of Bitcoin Price Drop The drop …
A resolution to overturn Staff Accounting Bulletin 121, also known as SAB 121, was vetoed by President Biden in May. Now, the US house will vote on trying to overturn the POTUS veto on it. Political experts are mixed about whether lawmakers have enough votes to override President Biden’s veto though. The U.S. House is set to …
US House to vote for overriding POTUS veto on SAB 121 Read More »
Market Downturn Costs Justin Sun $66 Million Reports suggest that Justin Sun, Tron founder and Huobi Global advisor, lost $66 million on Friday as Ethereum’s price dipped to levels last seen in February. The ongoing crypto market sell-off continues to overshadow optimism for a potential launch of spot ETH ETFs. Multiple indicators suggest that despite …
Mt. Gox has initiated the process of repaying its creditors by transferring 47,228 BTC, valued at approximately $2.71 billion, from its cold storage to a new wallet. This move is part of a broader effort to facilitate creditor repayments through designated cryptocurrency exchanges. The transfer has coincided with a dip in Bitcoin’s price below $55,000, …
