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August 12, 2024
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Published by Victoria Kyle at August 12, 2024
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Institutional Stablecoin Withdrawal Pressures Bitcoin Price: What’s Next?

In a recent development, institutional investors have halted their acquisition of stablecoins over the past two days, leading to a notable drop in Bitcoin’s price. As […]
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August 12, 2024
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Published by Victoria Kyle at August 12, 2024
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Ethereum Gas Fees Hit Five-Year Low Amid Surge in Layer-2 Activity

The median price for sending a transaction on the Ethereum blockchain has plunged to its lowest level in five years. As of August 10, Ethereum’s median […]
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August 12, 2024
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Published by Victoria Kyle at August 12, 2024
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Crypto Startups See Increased Venture Capital in Q2: A Closer Look

Crypto startups experienced a modest uptick in venture capital funding during the second quarter of 2024, despite a drop in the number of deals. According to […]
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August 12, 2024
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Published by Victoria Kyle at August 12, 2024
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Canto Blockchain Faces Extended Outage: What You Need to Know

The Cosmos-based layer-1 blockchain Canto has been experiencing a significant outage for over 33 hours, reportedly due to an “issue with consensus.” The last recorded transaction […]
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August 12, 2024
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Published by Victoria Kyle at August 12, 2024
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BOJ to Hold Off on Further Interest Rate Hikes for 2024

The Bank of Japan (BOJ) is unlikely to raise its benchmark interest rate again this year, following the economic disruption caused by its recent increase, according […]
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August 12, 2024
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Published by Victoria Kyle at August 12, 2024
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BitGo CEO Dismisses Security Concerns Amid Changes to Wrapped Bitcoin (WBTC) Operations

On August 9, cryptocurrency custody platform BitGo announced a strategic shift in its Wrapped Bitcoin (WBTC) business. The company is expanding its custodial jurisdictions for underlying […]
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August 12, 2024
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Published by Victoria Kyle at August 12, 2024
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Bitcoin Mining Revenue Hits Yearly Low: A New Era of Strategy and Survival

As of August 11, Bitcoin (BTC) miners have experienced a significant downturn in earnings, marking a new yearly low. The daily revenue, derived primarily from block […]
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August 9, 2024
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Published by Victoria Kyle at August 9, 2024
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Tether’s $1.3 Billion Minting Surge: Implications for the Crypto Market

Since the recent market downturn, Tether, the issuer of the world’s largest stablecoin, has minted over $1.3 billion worth of Tether USDt (USDT). This significant increase […]
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August 9, 2024
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Published by Victoria Kyle at August 9, 2024
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Tech Industry Groups Request Extension on AI Compliance Deadlines

On August 9, several prominent tech industry organizations issued a joint letter to the European Commission requesting an extension of compliance deadlines for General Purpose Artificial […]
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August 9, 2024
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Published by Victoria Kyle at August 9, 2024
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Nigerian Crypto Activist Challenges Government Restrictions on Digital Assets

James Otudor, a prominent Nigerian crypto activist and politician, has launched a significant legal challenge against Nigerian government entities, advocating for citizens’ fundamental rights to own, […]
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