Cryptocurrency Market

Cryptocurrency Market

Menu
  • Market Cap: $2,302,805,265,205.53
  • 24h Vol: $88,649,847,262.27
  • BTC Dominance: 55.86%

Bitcoin

solana-blockchain-experiences-technical-glitch-causing-transaction-slowdowns

Solana Blockchain Experiences Technical Glitch Causing Transaction Slowdowns

Leave a Comment / Altcoins, Bitcoin, block finalization, Block Production, Blockchain, blockchain technology, cluster instability, command-lines, Crypto Hacked, Cryptocurrency, cryptocurrency market, decentralized finance, DeFi, Digital Currency, digital wallets, Engineers, Ethereum, forking event, mainnet-beta, Outages, root production, slowdowns, Smart Contracts, Snapshot, Solana, Solana outages, Solblaze, technical glitch, tps, transaction failures, Upgrade, Validator, version, Virtual Currency / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as “cluster instability” and indicated that a coordinated restart was launched to accelerate block finalization. Solana Blockchain Deals With ‘Large Forking Event’ […]

Solana Blockchain Experiences Technical Glitch Causing Transaction Slowdowns Read More »

busd-stablecoin-drops-from-top-10-crypto-assets-amid-significant-decrease-in-dominance

BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance

Leave a Comment / Altcoins, Asset, Asset Management, Binance, Binance BUSD, Bitcoin, Blockchain, BUSD, Circulation, CoinGecko, Crypto, Crypto Hacked, Cryptocurrency, Decentralization, Digital Currency, dogecoin, Dominance, Ethereum, Exchange, Fiat, Market Cap, Parity, Paxos, Portfolio, redemption, Stablecoin, stablecoin assets, Stablecoins, Tether, Top Ten, trading, Trading Volume, Turkish Lira, US Dollar, USDT / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with a market cap of around $11.12 billion, compared to the meme

BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance Read More »

crypto-market-slides-as-total-value-locked-in-defi-falls-below-$50-billion-mark

Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark

Leave a Comment / Aave, Arbitrum, ASTAR, Binance Smart Chain, Bitcoin, Blockchain, Compound Finance, convex finance, Crypto, Crypto Hacked, Cryptocurrency, Curve, decentralized finance, DeFi, ETH, Ethereum, Instadapp, Justlend, KYL, Lido, makerdao, market analysis, Market Trends, market volatility, Pancakeswap, Polygon, shiden network, smart contract economy, Smart Contracts, Stacks, STX, Tokens, tron, uniswap / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that same

Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark Read More »

bitcoin-mining-difficulty-reaches-all-time-high-as-miners-face-second-largest-increase-this-year

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year

Leave a Comment / Algorithm, Antpool, Binance Pool, Bitcoin, Bitcoin mining, Block Height, block times, Blockchain, BTC, BTC Mining, Crypto Hacked, Cryptocurrency, Decentralized, difficulty, difficulty increase, Digital Assets, Energy Consumption, Ethereum, F2Pool, Foundry USA, future, Global Hashrate, Hashpower, Hashrate, Innovation, investment, market volatility, Miners, Mining, network, Profitability, Proof of Work, Rewards, Scalability, Technology, transactions, ViaBTC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year, as Bitcoin recorded a combined 24.89% increase during the last 60

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year Read More »

germany’s-dz-bank-to-offer-crypto-custody-with-swiss-firm-metaco

Germany’s DZ Bank to Offer Crypto Custody With Swiss Firm Metaco

Leave a Comment / Bank, Bitcoin, Crypto, crypto assets, Crypto Hacked, crypto securities, Cryptocurrencies, Cryptocurrency, Digital Assets, DZ Bank, electronic securities, Ethereum, Finance, german, Germany, Metaco, swiss, Switzerland / / / , , , , , , , , , , , , , ,

The second-largest bank in Germany, DZ Bank, is preparing to become a provider of custody services for crypto assets. The offering will be facilitated by a partnership with Metaco, a Swiss company that specializes in helping financial institutions to operate in the digital asset space. DZ Bank to Use Metaco’s Harmonize Platform to Launch Crypto

Germany’s DZ Bank to Offer Crypto Custody With Swiss Firm Metaco Read More »

jpmorgan-to-open-blockchain-innovation-lab-in-greece

JPMorgan to Open Blockchain Innovation Lab in Greece

Leave a Comment / Bitcoin, Blockchain, Crypto Hacked, Cryptocurrency, Digital Identity, digital wallets, Ethereum, Greece, innovation lab, jpmorgan, mobey forum, Onyx, Settlements, Tyrone Lobban / / / , , , , , , , , ,

Financial giant JPMorgan has announced it will open a new blockchain innovation lab in Greece. The lab will be focused on the development of applications on top of Onyx, the blockchain platform launched by the bank in 2020, and on digital identity solutions. JPMorgan to Push Blockchain Development in New Innovation Lab JPMorgan, the investment

JPMorgan to Open Blockchain Innovation Lab in Greece Read More »

israeli-startup-chain-reaction-raises-$70-million-to-build-blockchain-silicon

Israeli Startup Chain Reaction Raises $70 Million to Build Blockchain Silicon

Leave a Comment / Alon Webman, ASIC, Bitcoin, Blockchain, blockchain chips, chain reaction, Crypto Hacked, Cryptocurrency, Electrum, Ethereum, homomorphic encryption, israel, Morgan Creek Digital, Tel Aviv, TSMC / / / , , , , , , , , , ,

Chain Reaction, a Tel Aviv-based blockchain startup, announced it has raised $70 million as part of its Series C funding round. The objective of the company is to expand its engineering staff to accelerate the production of its blockchain-focused silicon and collaborate in the development of its cryptographic-focused chips. Chain Reaction Raises $70 Million in

Israeli Startup Chain Reaction Raises $70 Million to Build Blockchain Silicon Read More »

imf-board-offers-guidance-for-developing-effective-crypto-policies

IMF Board Offers Guidance for Developing Effective Crypto Policies

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Ethereum, IMF, imf crypto, imf cryptocurrency, IMF exec board, IMF executive board, Regulation / / / , , , , ,

The executive board of the International Monetary Fund (IMF) has provided guidance for member countries to develop effective crypto policies. The board stressed the need to develop comprehensive crypto regulations to “better mitigate the risks posed by crypto assets while also harnessing the potential benefits of the technological innovation.” IMF Executive Board Provides Guidance on

IMF Board Offers Guidance for Developing Effective Crypto Policies Read More »

us-regulators-and-federal-reserve-issue-joint-warning-about-crypto-liquidity-risks

US Regulators and Federal Reserve Issue Joint Warning About Crypto Liquidity Risks

Leave a Comment / Bitcoin, Crypto Hacked, crypto liquidity risks, crypto risks, Cryptocurrency, Ethereum, FDIC, FDIC crypto, Fed, Fed board, Federal Reserve, Federal Reserve crypto, OCC, occ crypto, Regulation, US regulators crypto / / / , , , , , , , , , , ,

U.S. regulators and the Federal Reserve have issued a joint warning about key liquidity risks associated with crypto assets. However, the regulators clarified that banks “are neither prohibited nor discouraged from providing banking services to customers of any specific class or type, as permitted by law or regulation.” US Regulators Issue Joint Statement on Crypto

US Regulators and Federal Reserve Issue Joint Warning About Crypto Liquidity Risks Read More »

citizens-trust-bank-to-hold-$65-million-in-usdc-reserves-as-circle-expands-bank-partnerships

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

Leave a Comment / Atlanta, Balance Sheet, Bitcoin, Blackrock, BNY Mellon, Circle, Citizens Trust Bank, community banks, Crypto Hacked, Cryptocurrency, cryptocurrency asset, Cynthia N. Day, Digital Currency, Ethereum, fast-growing markets, Financial Institutions, financial literacy initiatives, HBCUs, launch event, local schools, Market Capitalization, MDIs, minority-owned depository institutions, New York Community Bancorp, News, SEC, seed grant, Stablecoin, United States, US dollar-pegged, usd coin, USDC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the stablecoin’s denominated reserves to minority-owned depository institutions (MDIs) and community banks across the United

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships Read More »