Bitcoin mining difficulty risks biggest dip since 2022 as BTC price eyes $60K
Bitcoin may still be trading above $60,000, but network fundamentals are already showing the strain as BTC price gains fail to materialize.
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Ripple becomes tidal wave, leads weekend pump and notches legal victories
As Ripple fends off SEC lawyers, XRP enjoys an explosive weekend pump 1190 Total views 11 Total shares Amid a weekend pump carrying multiple cryptocurrencies higher, Ripple’s XRP looks to be leading the way with a push as high as 30% on the daily — carried on the back of a string of legal victories…
Trezor releases new hardware wallet and metal private key backup
Trezor, a major provider of hardware cryptocurrency wallets, is celebrating its 10th anniversary by releasing three self-custody products, including a new Trezor wallet, a proprietary private key backup solution and a Bitcoin (BTC)-only wallet.The Czech Republic-based company officially announced the launch of Trezor Safe 3, its brand-new hardware wallet supporting more than 7,000 cryptocurrencies, on
US DOE Dedicates $1.05 Mil to Blockchain Energy Management Platform
The United States Department of Energy (DOE) has awarded a grant worth $1.05 million to organizations working to commercialize a blockchain-based energy transaction platform.From energy management to energy exchangeThe news comes from an August 9 press release shared by energy company ComEd, one of the grant’s four reported recipient organizations. The others are the University…
NEXO price drops 40% in three days on rumors of ties to ‘insolvent’ crypto fund
The price of Nexo (NEXO) continued to fall on June 15, as Nexo denied rumors of exposure to Three Arrows Capital (3AC), a Dubai-based crypto fund facing insolvency risks.NEXO price suffers on DeFi contagion fears NEXO, which serves as a security token at a cryptocurrency lending platform of the same name, fell nearly 25% to $0.61…
Ukrainian National Bank Considering Launching State Digital Currency Tied to Local Fiat
The National Bank of Ukraine (NBU) is considering launching a state-owned digital currency based on blockchain, local news outlet Vesti Ukraine reported Tuesday, September 25.NBU says that the blockchain-based hryvnia, or e-hryvnia, has to be centralized and remain under government control, Vesti Ukraine writes. The state-backed coin is expected to increase the rate of non-cash…
Armenian PM Attends Launch of Mining Farm Claiming to Be One of ‘World’s Largest’
The opening ceremony of a new mining farm touting itself as one of the “world’s largest” was held in the Armenian capital Oct. 18, according to a report by local platform News Armenia. The Armenian Prime Minister and other top officials were reportedly in attendance.The new mining farm is reportedly a joint venture by major…
Human ID project ‘Worldcoin’ launches gas-free wallet only for humans
The wallet relies on “World ID,” a protocol that verifies humanness through zero-knowledge proofs. 896 Total views 5 Total shares Worldcoin, a project to identify humans and distinguish them from artificial intelligence, has launched a gas-free crypto wallet for verified humans, according to a May 8 announcement. The new wallet, called “World App,” works on Android…
Seven firms in Japan deploy blockchain to digitize trade paperwork
A new trade management platform in Japan prevents data tampering using blockchain technology. 551 Total views 12 Total shares According to an Oct. 26 report by Japanese news agency The Nikkei, seven Japanese companies are preparing to invest in a new trade data management system. Reportedly developed by NTT Data, the platform uses blockchain technology…