Cryptocurrency Market

  • Market Cap: $2,404,782,667,590.88
  • 24h Vol: $56,442,256,430.13
  • BTC Dominance: 56.54%

competition

rives-launches-doom-olympics:-a-competitive-onchain-gaming-event

Rives Launches Doom Olympics: A Competitive Onchain Gaming Event

Rives, a blockchain gaming project, has announced the launch of its Doom Olympics, a unique competition built on the Cartesi platform. The tournament will feature seven distinct challenges inspired by the classic video game Doom, rewarding top players with over $15,000 in prizes. Rives Combines Blockchain and Classic Gaming With Doom Olympics Rives has structured […]

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ethena’s-usde-sees-market-cap-shrink-by-$770m-in-less-than-2-months

Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months

Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024. Over the span of less than two months, its market capitalization has decreased by $770 million. Ethena’s USDE Supply Plummets as Competition Heats Up From Aug. 23 to Aug. 30, the stablecoin economy expanded from

Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months Read More »

chip-giant-intel-abandons-bitcoin-asic-production

Chip Giant Intel Abandons Bitcoin ASIC Production

After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the Intel Blockscale 1000 Series ASIC.” Intel Spokesperson Discloses Company Has End-of-Lifed the Blockscale 1000

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cleanspark-purchases-45,000-bitcoin-mining-devices,-adding-6.3-eh/s-to-current-fleet

Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet

On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current 6.7 EH/s. Cleanspark Acquires 45,000 Bitmain Antminers for $144.9

Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet Read More »

first-citizens-bank-acquires-silicon-valley-bank,-costing-fdic-deposit-insurance-fund-an-estimated-$20b

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B

According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as well as the 17 branches that SVB owned across the United States. Silicon Valley

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B Read More »

ubs-considers-acquiring-credit-suisse,-requests-government-backstop-in-deal

UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal

After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit Suisse. According to unnamed sources familiar with the

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decentralized-exchange-pancakeswap-to-launch-version-3-iteration-in-april

Decentralized Exchange Pancakeswap to Launch Version 3 Iteration in April

On March 4, the decentralized exchange Pancakeswap announced that the team plans to launch its version three (v3) iteration of the platform during the first week of April 2023. Pancakeswap v3 will provide new features and improve liquidity alongside enhancements in interface accessibility and the decentralized exchange (dex) platform’s yield farming experience. Pancakeswap Announces Version

Decentralized Exchange Pancakeswap to Launch Version 3 Iteration in April Read More »

opensea-drops-fees-to-zero-and-announces-new-creator-earnings-model-in-response-to-shifting-nft-landscape

Opensea Drops Fees to Zero and Announces New Creator Earnings Model in Response to Shifting NFT Landscape

The largest marketplace for non-fungible tokens (NFTs), Opensea, has announced major changes to its fee structure and policies in response to a shift in the NFT ecosystem. The company detailed that it will drop fees to zero for a limited time and offer an optional creator earnings model with a minimum of 0.5% for all

Opensea Drops Fees to Zero and Announces New Creator Earnings Model in Response to Shifting NFT Landscape Read More »

cryptocurrency-exchanges-still-fighting-private-banks-for-right-to-open-bank-accounts-in-chile

Cryptocurrency Exchanges Still Fighting Private Banks for Right to Open Bank Accounts in Chile

The conflict between banks and cryptocurrency exchanges in Chile is still developing, as some banks are reticent to serve this kind of institution. A new report prepared by exchanges reports that most of these banks refuse to include crypto companies as customers for risks that are nevertheless managed in the case of servicing other kinds

Cryptocurrency Exchanges Still Fighting Private Banks for Right to Open Bank Accounts in Chile Read More »