After a tumultuous few days, in which Silicon Valley Bank’s stock plummeted amid liquidity fears, the startup-centric bank has finally shut down. The California Department of Financial Protection and Innovation closed SVB Friday afternoon, appointing […]
Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around […]
Nigerian President-elect Bola Tinubu has recently released a manifesto that, if implemented, would enable the use of blockchain technology and cryptocurrencies in the nation’s banking and finance sector. The manifesto suggests reviewing existing Nigerian Security […]
The pre-trial stage of the project to introduce a digital Iranian rial has been completed successfully, the country’s central bank announced. The authorities in Tehran plan to expand the use of the state-backed currency and […]
Blockchain technology has changed the way we think about currency and finance. Yet, its potential goes beyond just digital currency. Blockchain could transform a wide range of industries and applications, including digital identity verification. In […]
DigiToads (TOADS) is a new cryptocurrency that has taken the world by storm as it seeks to become a game-changer in blockchain-based gaming. The team behind the project has been working tirelessly to build a […]
Blockchain.com has decided to sunset its 11-month-old asset management arm, another victim of crypto winter. According to a filing, Blockchain.com Asset Management (BCAM) has voluntarily applied to strike its name off the U.K. companies’ register. […]
Key takeaways CFTC chair Rostin Behnam believes that stablecoins and Ether are going to be commodities. The CFTC has always maintained that Bitcoin, Ether, and other cryptocurrencies are commodities. Behnam has called for a proper […]
According to Fortune Business Insights, the global blockchain retail market size is expected to surge from the $172.2 million recorded in 2021 to over $2 billion by 2028. Both the demand for the product by […]
The MVRV metric suggests most altcoins are underbought and present a buying opportunity. A new leg down could however push some of the tokens into a danger zone. Crypto prices have decline alongside weaknesses stocks. […]
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