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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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August 9, 2024
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Published by Victoria Kyle at August 9, 2024
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Kanpai Pandas NFT Collection Plummets After Alleged Trump Token Promotion

The Kanpai Pandas non-fungible token (NFT) collection has experienced a dramatic drop in floor price following allegations that its team promoted a controversial token linked to […]
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August 9, 2024
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Published by Victoria Kyle at August 9, 2024
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Hong Kong’s Virtual Banks at a Crossroads: Opportunities and Challenges Ahead

Hong Kong’s virtual banks find themselves at a pivotal moment, capturing only a modest 0.3% of the assets held by all retail banks. Despite significant investments […]
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August 9, 2024
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Published by Victoria Kyle at August 9, 2024
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Bitcoin Heartbeat: A New Platform for Tracking Bitcoin Rollup Solutions

Bitcoin Virtual Machine (BVM), a leading rollup-as-a-service provider for Bitcoin, has unveiled its latest innovation: Bitcoin Heartbeat. This new analytics and research platform is designed to […]
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