Sui Network clears up misunderstandings on token supply
According to Sui Network feedback, the Sui Foundation manages the main wallet with locked tokens released strategically to enhance the ecosystem.
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Old FUD, new BTC price dip — Weeks-old China crypto ‘ban’ sparks $42K Bitcoin price drop
Old news suddenly gets picked up on social media, sparking an instant crypto price crash. 3905 Total views 31 Total shares Bitcoin (BTC) suddenly lost $2,000 in an hour on Sept. 24 as what appeared to be old news over a Chinese regulatory ban hit social media.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin vs. China:…
Is a Bitcoin ‘death spiral’ imminent following yesterday’s massive difficulty adjustment?
Bitcoin experienced two massive mining difficulty adjustments recently. Is this something to be concerned about? Before the recent halving, many were prophesying a so-called “death spiral” for Bitcoin. This theory hinges on the idea that the halving of the block reward leads to an exodus of miners due to the sudden unprofitability of mining activities.…
eBay acquires KnownOrigin, expanding its foray into NFTs and blockchain
The company enables artists and collectors to create, purchase and resell NFTs via blockchain-enabled transactions. 187 Total views 3 Total shares eBay, an e-commerce giant, has announced the acquisition KnownOrigin, a nonfungible token (NFT) marketplace that will help the e-commerce company foray further into the world of blockchain technology and digital collectibles.According to a press…
Polkadot parachains full of promise, but lack of launch date raises concern
Polkadot’s parachain auctions will mark the most significant milestone on its roadmap since the mainnet launch in 2020. Currently in the testnet on the Rococo network, the next stage of the launch will involve the rollout of parachains on Polkadot’s crazy cousin, the “canary network” Kusama. The rollout of Polkadot parachains on the main network…
Nigerian gov supports AI initiatives with $290K in grants
The recently introduced Nigeria Artificial Intelligence Research Scheme is designed to facilitate the widespread utilization of AI to drive economic advancement. 195 Total views 6 Total shares The Nigerian Minister of Communications, Innovation and Digital Economy, Bosun Tijani, revealed on Friday, Oct.13, that the government intends to grant 5 million naira ($6,444) to 45 artificial intelligence
Bitcoin B logo lights up Germany’s tallest building in Berlin
Berliners could see the Bitcoin B projected onto the Berliner Fernsehturm tower on January 21. 1237 Total views 36 Total shares Own this piece of history Collect this article as an NFTThe Bitcoin (BTC) logo lit up the night sky in Berlin this weekend, adorning Germany’s tallest building with a giant orange B.Source: TwitterOn January…
Union Bank of the Philippines selects Metaco and IBM to facilitate digital asset custody operations
"With the recent launch of our APAC headquarters in Singapore, we can ensure that we continue to offer best-in-class services to UnionBank and other clients in the region," says Patrick Enjalbal, VP Customer Success managing director of Asia-Pacific region at Metaco. 290 Total views 4 Total shares On Thursday, Metaco, an enterprise cryptocurrency platform for…
Crypto platform FalconX raises $50M on the back of institutional adoption
Tiger Global and B Capital are the primary investors in the latest round. They join Coinbase Ventures, Accel, FMR LLC and others in backing FalconX. 948 Total views 8 Total shares FalconX, a cryptocurrency exchange focused on institutional investors, has raised $50 million from Tiger Global and B Capital Group — highlighting once again that…