Public mining companies have faced a notable dip in Bitcoin production during the month of April, with decreases ranging from 6% to 12% following the halving event. Bitfarms, Cipher, CleanSpark, Core Scientific, Riot, and Terawulf, prominent names in the Bitcoin […]
Public Mining Companies Experience Production Decline of 6-12% Read More »
Stablecoins, often hailed as the future of payments, may face a significant hurdle, according to a recent study. Visa, in collaboration with Allium Labs, has developed a metric revealing that over 90% of stablecoin transaction volumes are not originating from
More Than 90% of Stablecoin Transactions Aren’t From Real Users, Study Finds Read More »
Animoca Brands, a prominent player in the gaming industry, has recently announced a strategic partnership with Saakuru Labs, the developer behind the gasless blockchain protocol Saakuru. This collaboration marks a significant step towards promoting web3 gaming in Southeast Asia by
Animoca Brands Teams Up with Saakuru Labs to Advance Gasless Web3 Gaming Read More »
A cryptocurrency trader recently experienced a significant loss of nearly $70 million due to what’s known as an “address poisoning” scam. This type of scam involves the creation of counterfeit accounts mimicking the victim’s crypto address. The scammers send a
Bitcoin Trader Falls Victim to $70 Million Address Poisoning Scam Read More »
Vodafone, a prominent telecommunications provider based in the United Kingdom, is venturing into blockchain technology with a pioneering idea: integrating cryptocurrency wallets directly into subscriber identity module (SIM) cards. This innovative move aims to democratize access to blockchain and cryptocurrencies
Vodafone’s Blockchain Ambition Read More »
Cryptocurrency exchange Coinbase and its CEO Brian Armstrong are embroiled in yet another legal battle, as a class-action lawsuit alleges investor deception and illegal business practices. The lawsuit, filed in the United States District Court for the Northern District of
Coinbase Faces New Lawsuit Over Alleged Investor Deception Read More »
The Securities and Exchange Commission (SEC) is gearing up to unveil its regulatory framework for cryptocurrency assets and trading in the latter part of this year. “The guidelines aim to regulate cryptocurrency trading in the country with the primary goal
SEC’s Crypto Guidelines Set for Release Read More »
Starbucks, the global coffee giant, faced a setback in its second-quarter earnings for fiscal 2024, with sales dropping by 4%. This decline comes hot on the heels of the company’s decision to discontinue its NFT program, Starbucks Odyssey, raising questions
Starbucks Disappoints With Q2 Earnings Weeks After Discontinuing NFT Program Read More »
Casio, the esteemed Japanese electronics manufacturer, is marking its 50th anniversary with a novel approach: the launch of a unique non-fungible token (NFT) collection. This collection pays homage to Casio’s history of innovation and technological prowess, blending tradition with modernity
Casio Celebrates 50 Years with NFT Collection Read More »
Representatives Wiley Nickel of North Carolina and Drew Ferguson of Georgia introduced the Providing Tax Clarity for Digital Assets Act on May 1. Their bipartisan effort seeks to address the confusion surrounding the taxation of staking rewards by proposing a
New US Bill Proposes Tax Clarity for Crypto Staking Rewards Read More »
