Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,267,132,889,396.62
  • 24h Vol: $55,289,361,591.71
  • BTC Dominance: 55.75%
paraguay’s-power-chief:-no-cryptocurrency-mining-company-has-left-yet

Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet

Leave a Comment / ANDE, Bitcoin, Brazil, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Exodus, Mining, Paraguay / / / , , , , , ,

Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated that no cryptocurrency company had left the country yet and that there were over 400 MW in projects awaiting approval by the institution. No Cryptocurrency Mining Companies […]

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nigeria-acts-to-stabilize-currency-with-forex-auction

Nigeria Acts to Stabilize Currency with Forex Auction

Leave a Comment / Africa, Bitcoin, Crypto Hacked, Cryptocurrency, Ethereum, Foreign exchange, forex, naira, US Dollar / / / , , , ,

The Central Bank of Nigeria (CBN) will reintroduce a foreign exchange auction system as part of efforts to ease pressure on the local currency. The CBN has called on authorized dealer banks to share their respective lists of outstanding forex demand by end users. Auction System Aims to Mitigate Impact of Dollar Shortage on Exchange

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historic-drop-in-bitcoin-revenue-leaves-miners-struggling

Historic Drop in Bitcoin Revenue Leaves Miners Struggling

Leave a Comment / Bitcoin, Bitcoin (BTC), Blockchain, Crypto, Crypto Hacked, Cryptocurrency, difficulty, Ethereum, Hashrate, Mining, network, revenue, Transaction Fees / / / , , , , , , , , ,

After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recent uptick in Bitcoin’s mining difficulty, coupled with the subsequent drop in its price, has driven bitcoin mining revenue to record lows. Monthly Bitcoin Fee Revenue Drops 75%, Hashrate Slides 48 EH/s

Historic Drop in Bitcoin Revenue Leaves Miners Struggling Read More »

several-2017-wallets-reactivate-in-august:-$28.2-million-in-bitcoin-on-the-move 

Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move 

Leave a Comment / 2017 bitcoin, Bitcoin, Blockchain, BTC transfers, Crypto Hacked, crypto trends, Cryptocurrency, Digital Currency, dormant wallets, Ethereum, Market Activity, News / / / , , , , , , , , ,

In July, numerous dormant bitcoin wallets, established in 2017, showed substantial activity. This trend continues into August, with 467.63 BTC spent so far, amounting to approximately $28.2 million. Millions on the Move: What’s Behind the Reawakening of 2017 Bitcoin Wallets? Last month, sleeping bitcoin wallets from 2017 moved about 1,636.94 BTC through 23 distinct transactions.

Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move  Read More »

markets-in-freefall,-coinbase-reports-great-q2-revenue,-and-more-—-week-in-review

Markets in Freefall, Coinbase Reports Great Q2 Revenue, and More — Week in Review

Leave a Comment / Bitcoin, Bybit, Coinbase, Crypto Hacked, Cryptocurrency, Ethereum, Stock Market, The Weekly, Winklevoss, Zambia kwacha / / / , , , , ,

The U.S. stock market experienced significant declines, and the crypto market fell by 5.82% following a disappointing jobs report, sparking concerns about a potential recession. Meanwhile, Coinbase reported $1.4 billion in Q2 revenue, highlighting growth and regulatory progress in the crypto sector. In Zambia, the central bank aims to enforce the kwacha as the sole

Markets in Freefall, Coinbase Reports Great Q2 Revenue, and More — Week in Review Read More »

abu-dhabi-unveils-blockchain-center-to-drive-blockchain-innovation

Abu Dhabi Unveils Blockchain Center to Drive Blockchain Innovation

Leave a Comment / Bitcoin, Blockchain, Crypto Hacked, Cryptocurrency, Ethereum, Featured, Innovation, Web3 / / / , , ,

A center aiming to drive blockchain innovation and establish Abu Dhabi as a hub for top global events and workshops, connecting industry leaders, has officially opened. Additionally, the blockchain center will incorporate a venture capital arm to support and invest in Web3 startups. Center to Serve as Platform for Launching Latest Blockchain Technology Apps A

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crypto-friendly-mercado-libre-becomes-latam’s-largest-company

Crypto-Friendly Mercado Libre Becomes Latam’s Largest Company

Leave a Comment / Bitcoin, Company, Crypto, Crypto Hacked, Cryptocurrency, crytpocurrency, Ethereum, latam, mercado libre, News Bytes, News Bytes - 4 / / / , , , , , ,

Mercado Libre, a financial and e-commerce service company with its own cryptocurrency token, became the largest company in Latin America after announcing its financial results for Q2. Mercado Libre announced a net income of $531 million, significantly surpassing the expected $432 million. Other numbers were also positive, including a 36% growth in sales in Brazil,

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blockchain-and-nation-state-infrastructure:-why-bother?

Blockchain and Nation-State Infrastructure: Why Bother?

Leave a Comment / Bitcoin, Blackrock, Blockchain, centralized systems, Crypto, Crypto Hacked, Cryptocurrency, Decentralization, decentralized systems, etfs, Ethereum, Goldman Sachs, institutional adoption, interoperability, JP Morgan, Op-Ed, Regulation, SEC, Traditional Finance, Wall Street, ZK proofs / / / , , , , , , , , , , , , , , , , ,

We listen to talk after talk about crypto finally achieving asset-class legitimacy, but truly speaking, the encroachment of Wall Street giants into the blockchain space is a double-edged sword. The following is an opinion editorial written by Karel Kubat, Founder of Union Labs. As blockchain enthusiasts, we’ve long championed decentralization, transparency, and democratized access—the 2008

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megaeth:-the-endgame-eth-scaling-solution

Megaeth: The Endgame ETH Scaling Solution

Leave a Comment / Bitcoin, Blocmates, Crypto Hacked, Cryptocurrency, Ethereum, Layer 1, layer 2, Learning - Insights, Megaeth / / / , , , , ,

This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Gaz of Blocmates breaks down Megaeth, one of the hottest Layer 2s, including explaining the technical reasons why so many people are excited

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canza-finance-partners-with-stablecoin-issuer-to-bring-efficient-financial-solutions-to-africa

Canza Finance Partners With Stablecoin Issuer to Bring Efficient Financial Solutions to Africa

Leave a Comment / Africa, Bitcoin, Blockchain, Crypto Hacked, Cryptocurrency, Decentralized finance (Defi), Ethereum, financial inclusion, fintech africa, real world assets, remittances, Stablecoin / / / , , , , , , ,

Canza Finance has partnered with stablecoin issuer WSPN to provide secure and efficient financial solutions to users in Africa and other emerging markets. With the integration of WUSD into Canza Finance’s ecosystem, African users will be able to smoothly convert fiat currencies to the WUSD stablecoin. Boosting RWA and Defi Adoption Africa-focused fintech firm Canza

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