News

On February 9th, DappRadar published a report showing that the Ethereum NFT market cap value fell by 59.60% from $9.3 billion in 2022 to around $3.7 billion in early 2023. DappRadar’s study is based on the marketcap…
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The United States Securities and Exchange Commission (SEC) has reportedly told stablecoin issuer Paxos Trust Co. it's planning to sue the firm for violation of investor protection laws in relation to Binance USD (BUSD). According to a…
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Ordinals NFTs have pushed transaction fees on the Bitcoin network to the highest levels since November 2022, shows on-chain data from IntoTheBlock. Transaction fees on the Bitcoin network have doubled in the past two weeks, going from…
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Bitcoin’s difficulty decreased 0.49% on Feb. 12, 2023, following a sustained all-time high of 39.35 trillion over the previous two weeks (2,016 blocks). The decrease in difficulty offers a brief respite for bitcoin miners, after…
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Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months. The government of the breakaway Georgian region announced it’s also taking measures to prevent…
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The Chinese government is setting up a national blockchain innovation center in Beijing to focus on industrial applications and major use cases of blockchain technology, particularly those related to the Chinese economy. China…
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Paris's leading contemporary art museum, the Centre Pompidou announced on Feb. 10 an upcoming permanent exhibition targeting the intersection between art and the blockchain represented by nonfungible tokens (NFTs). According to an…
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On Feb. 9, 2023, the cryptocurrency community learned of the U.S. Securities and Exchange Commission’s (SEC) crackdown on staking services. The SEC fined Kraken, a cryptocurrency exchange, $30 million for offering an “unregistered…
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A study by BanklessTimes revealed that 67% of respondents aged 27-42 consider bitcoin a safe haven. Previous polls have shown that millennials are among the most active demographic groups in the cryptocurrency space and…
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A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by…
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