Cryptocurrency Market

  • Market Cap: $2,645,735,980,270.53
  • 24h Vol: $70,427,314,844.82
  • BTC Dominance: 58.29%

Blockchain

litecoin’s-hashrate-reaches-all-time-high,-difficulty-follows-suit

Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows Suit

The blockchain network Litecoin’s computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Litecoin’s difficulty also reached an all-time high this week, hitting 23,505,031 the following day. Litecoin’s Computational Power Climbs 38% in 30 Days A significant amount of hashrate […]

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sao-paolo-introduces-blockchain-in-data-access-law

Sao Paolo Introduces Blockchain in Data Access Law

The Brazilian city of Sao Paolo has introduced the concept of blockchain in its municipal data access and transparency law. The concept of blockchain is defined as a technology that can be of use in this field, but the city has not defined the structures or the implementation for its use in the future. Sao

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ftx-and-alameda-research-collapse-sad-event-but-‘good-for-the-long-run’-says-dwf-labs-managing-partner

FTX and Alameda Research Collapse Sad Event but ‘Good for the Long Run’ Says DWF Labs Managing Partner

While the collapse of the crypto exchange FTX and its affiliate Alameda Research is thought to have left many crypto players, including market makers, in the worst possible position, according to Andrei Grachev, managing partner at DWF Labs, this incident may have helped to “flush out companies that were not sustainable enough to operate during

FTX and Alameda Research Collapse Sad Event but ‘Good for the Long Run’ Says DWF Labs Managing Partner Read More »

central-african-republic-sets-up-committee-tasked-with-drafting-crypto-bill

Central African Republic Sets Up Committee Tasked With Drafting Crypto Bill

The Central African Republic (CAR) president, Faustin-Archange Touadéra, recently said his government has established a 15-member committee tasked with creating a comprehensive legal framework that governs the use of cryptocurrencies. According to an official document issued by the CAR cabinet, the committee has already started its work and will regularly update the government. CAR’s Ambitions

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ethereum-could-benefit-from-stealth-addresses-implementation,-says-vitalik-buterin

Ethereum Could Benefit From Stealth Addresses Implementation, Says Vitalik Buterin

Ethereum co-founder Vitalik Buterin published a research post that suggests using stealth addresses to enhance privacy-preserving transfers. Buterin detailed that stealth addresses can be implemented fairly quickly today on Ethereum and would significantly boost user privacy on the blockchain network. Buterin Suggests Stealth Addresses as a Solution to the Privacy Challenges in Ethereum Ecosystem Three

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china-backed-blockchain-project-proposes-swift-alternative-for-stablecoins-and-cbdcs

China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs

The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based digital assets in foreign trade. Company Behind China’s Blockchain Push Aims to Make Stablecoins and State Coins Interoperable Hong Kong-based Red

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bank-of-spain-greenlights-euro-backed-stablecoin-token-pilot-program

Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program

The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will allow users to issue digital euros with fiat deposits in order to experiment with these in payment applications, increasing their transparency. Bank of

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axie-infinity’s-monthly-player-count-drops-to-low-not-seen-since-november-2020

Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020

After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 months. Despite the low player count, the project’s native token, AXS, has climbed 62% higher against the U.S. dollar in the last 30 days.

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how-bitget-became-a-dark-horse-and-earns-market-share-and-trust-from-millions-in-crypto-winter

How Bitget Became a Dark Horse and Earns Market Share and Trust From Millions in Crypto Winter

2022 was one of the roughest years in the crypto industry, which saw the collapse of Terra LUNA, Celsius, and FTX, consequently wiping out over $2 trillion from the crypto market. However, the dark horse in the face of these ugly events was the crypto exchange – Bitget. Despite the hardships in the market, Bitget

How Bitget Became a Dark Horse and Earns Market Share and Trust From Millions in Crypto Winter Read More »

hashkey-capital-raises-$500-million-for-its-third-fund,-despite-crypto-market-downturn

Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn

On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III” is dedicated to developing crypto solutions, blockchain technology, and Web3 concepts. Hashkey Capital’s Fund III to Focus on Web3, Emerging Markets and Crypto Solutions Amid

Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn Read More »