Bitcoin Falls Under $30,000 As U.S Inflation Hits 40-year High
Summary: Inflation in the U.S reached 8.9% according to the latest CPI report. Bitcoin reacted to the news with a dip in price below the $30K region. Crypto’s leading token…
Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries
During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members…
Bitcoin, Ethereum Technical Analysis: BTC Prices Stall, Heading Into Weekend
Bitcoin prices were mainly unchanged early in Friday’s session, as traders prepared for the weekend. Following a strong start to the week, crypto prices have mostly consolidated in recent days.…
Mercadolibre Inks Partnership With Mastercard to Secure Its Crypto Ecosystem in Brazil
Mercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to secure the cryptocurrency ecosystem of the company. Through this…
Anonymous hacker given a restraining order in NFT
Non-fungible tokens (NFTs) have found many use cases across different industries. One of the recent use cases for these digital collectibles is being used in serving a restraining order. Two…
Bitcoin miners criticize New York ban on PoW mining
The New York state recently passed a bill that banned proof-of-work (PoW) mining within the state. The ban has raised criticism from Bitcoin miners, who have said that if the…
Crypto Exchange Layoffs: Here’s What’s Happening
As discussions around inflation take up the pace, and companies try to cope with the slowing demand, crypto exchanges are facing the heat too. According to a report, tech and…
NFT holders can earn millions through IP rights, says Apocalyptic Apes founder
Bill Starkov, the founder of Apocalyptic Apes, said that holders can earn a lot of money by licensing their nonfungible tokens. While the most common way to earn money in…
Swedish Central bankers snipe Bitcoin mining, cite rampant energy use
A report by the Riksbank makes the case for banning Bitcoin mining in Sweden over proof-of-work energy consumption concerns; Bitcoin Twitter was quick to react. Another day, another environmental attack…
Bitcoin price falls under $29.5K after ‘unexpected’ 40-year high US inflation
The ghost of the highest inflation since 1981 gets traders pricing in three more 0.5% rate hikes by October. Bitcoin (BTC) fell sharply on June 10 after surprisingly high inflation…
Bear market: Some crypto firms cut jobs while others aim for sustainable growth
While crypto companies have been faced with major layoffs, things are nowhere as bad as the tech industry or other traditional sectors. To put things into perspective, since November 2021,…
NFT Discord Server Hacks has the NFT crowd Worried: Should They Be?
NFT Discord Server Hacks has the crypto crowd worried – but should they be? Yes. They should. NFT hacks have been getting increasingly common now that they’ve become too mainstream.…
COTI is down by 8% – Time to Invest?
After staying in the bearish area of the graph last month, COTI, the issuer of Cardano’s Stablecoin DJED, finally started to turn its fortune around. The token traded in the…
Alameda Research’s Recent Alleged stETH Selloff Puts Celsius Network in Trouble
Analysts in the market are worried that Celsius Network may be running out of liquid funds to pay back investors. Alameda Research recently redeemed 50,000 stETH for ETH, and the…
Bitcoin’s real energy use questioned as Ethereum founder criticizes BTC
A founding member of Ethereum has claimed that Bitcoin uses nearly 1% of the world’s electricity, but different sources put it substantially lower. The ever-raging debate around Bitcoin’s energy consumption…