Bitcoin network transaction fees temporarily soar to nearly $52

Mass adoption. It’s a mantra touted often in this space and what every crypto company is working toward. While tremendous progress has been made in the past 10 years on driving crypto awareness and improving user experience, we still aren’t there yet in terms of mass utilization. In order for real adoption to occur, the…

Malta-based cryptocurrency exchange OKEx has added support for a new feature that allows users of stablecoin Dai (DAI) to earn interest by staking their holdings.In a blog post on Dec. 17, OKEx confirmed users can now stake their Dai via its in-house mining pool, Pool. In return, they will earn 4% interest via the so-called…

CoinPayments.net, a platform for business-to-business (B2B) and business-to-customer (B2C) crypto payments, reported to Cointelegraph that they will be partnering with the nonprofit Unify.org for World Peace Weekend. From Sept. 21 to Sept. 23, the charitable nonprofit campaign will empower over 1300 events all over the world, including the largest global meditation of millions of people for…

India’s authorities have expressed concern over Facebook’s forthcoming stablecoin Libra, Bloomberg reported on July 8.Subhash Garg, Economic Affairs Secretary at India’s Ministry of Finance, told Bloomberg that the “design of the Facebook currency has not been fully explained. But whatever it is, it would be a private cryptocurrency and that’s not something we have been…

The U.S. president has not officially announced his nominations to fill the vacancies at the Federal Reserve, but two of his picks for CFTC commissioners as well as his choices to lead the Fed are moving to the Senate for confirmation. 1643 Total views 38 Total shares The White House is reportedly considering an Obama-era…

Crypto wallet drainers, or sweepers, are malicious smart contracts that can quickly empty a crypto wallet of its funds and are a standard tool for phishing scammers. Four major crypto drainers have emerged to fill the vacuum left by the notorious wallet sweeper Monkey Drainer, with thousands of victims targeted and millions in crypto stolen…

The Bitcoin price increased 8% amid BTC investment products seeing $543 million in inflows last week.

The Australian Securities Exchange has approved the VanEck Bitcoin ETF to start trading on June 20.