Category: Latest news
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Russia becomes 2nd most powerful BTC miner in the world
[ad_1] Ad As of the end of the first quarter of 2023, Russia ranked as the world’s second most powerful Bitcoin (BTC) mining provider, according to the Moscow Times, citing data from Bitriver. During the first three months of the year, Russia generated one gigawatt (GW) of mining power, according to the Moscow Times report.…
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Terra executives made over $300M from failed project; Do Kwon owns no property in South Korea
[ad_1] South Korean prosecutors said Terraform Labs executives, including Do Kwon and Daniel Shin, made 414.5 billion won ($314.2 million) by tricking investors into investing in the failed project. According to an April 7 KBS News report, the co-founder and former CEO of Chai Shin Hyun-Seong (also known as Daniel Shin) made 154.1 billion won,…
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US presidential candidate Robert Kennedy says FedNow is first step to banning Bitcoin
[ad_1] Robert Kennedy Jr. — a presidential candidate in the United States — believes the Federal Reserve’s digital payments system “FedNow” is the government’s first step to banning Bitcoin (BTC). According to Kennedy, people should not be blinded by claims that FedNow would be initially restricted to interbank transactions. He pointed out that this could…
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Enjin Coin outshines top 100 cryptocurrencies, posting 40 day highs
[ad_1] Ad Enjin Coin posted 11.6% gains over the last 24 hours to lead the top 100 cryptocurrencies. Enjin Coin price analysis The coin’s weekly price performance also impressed, placing as the second biggest gainer over the period, at 20.7%. ENJ was pipped to the top spot by Injective, which grew 23.7% over the past…
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Craig Wright believes Apple is in breach of his copyright to Bitcoin’s whitepaper
[ad_1] Computer scientist Craig Wright believes Apple is in breach of his copyright to Bitcoin’s whitepaper. In an April 6 tweet, Wright responded “Yes” to a question that asked if he thinks Apple was in breach of copyright. Wright’s response was greeted with several snide tweets from the crypto community urging him to sue the giant…
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Bitcoin’s steady performance attributed to low liquidity and minimal spot volume
[ad_1] Quick Take Bitcoin has maintained a stable price below $30,000 for the past few weeks. Many reasons this has occurred; whales and long-term holders are offloading Bitcoin while other cohorts continue accumulating. Derivatives are fairly muted and with a neutral bias, while risk-on sentiment disappears. Most importantly, liquidity continues to suffer after banking collapses…
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Dogecoin dips 6.5% as Twitter logo returns
[ad_1] The price of Dogecoin (DOGE) fell 6.5% following Twitter’s decision to remove the Dogecoin mascot from its website branding on April 6. Dogecoin is down slightly At 8:45 p.m. UTC on April 6, just before Twitter reverted its logo to its default bird, DOGE was valued at 9.1 cents. Within half an hour, its…
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SEC vs. Ripple lawsuit could continue beyond 2026
[ad_1] Ad Lawyer Jeremy Hogan said the SEC vs. Ripple lawsuit could run beyond 2026, depending on the outcome of the current case. In Nov. 2022, James Filan predicted Judge Torres would deliver her verdict by March 31 – setting off a buying frenzy in the run-up. However, the date passed with no judgment given.…
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CZ emphasizes Binance’s MENA presence in AMA
[ad_1] Binance CEO Changpeng Zhao discussed his company’s MENA presence in an ask-me-anything (AMA) session published on April 6. CZ discusses MENA presence During the session, Zhao placed an emphasis on Binance’s presence in the Middle East and North Africa — commonly referred to as MENA. Zhao described the region as business-driven and noted rapid…
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Blockchain gaming unique active wallets decreased 8% in Q1 2023
[ad_1] The number of unique active wallets (UAW) recorded an 8.58% decrease in the first quarter of 2023, as the recent DappRadar report revealed. The average daily UAW was calculated as 791,474 for the first three months of the year, as the DappRadar report stated. Despite the decrease, investments made in Web3 gaming recorded a…