NFT pics are the funhouse mirror high-end art deserves
Traditional art is an asset class the wealthy have mastered. NFT art’s long-term prospects may depend on whether they can...
Month: June 2022
Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per Second
While Bitcoin’s mining difficulty was expected to decrease two days ago on June 8, instead the difficulty increased by 1.29%...
Finance Redefined: Number of DAOs surge, Solana launches $100M DeFi fund
The past week in DeFi saw the launch of another $100M fund by Solana and the number of DAOs surged...
Huobi Global launches $1B investment arm focused on DeFi and Web3
The bear market in crypto hasn’t deterred venture capital firms from investing heavily in blockchain and Web3 projects. Digital asset...
Here’s how blockchains are helping to advance the global energy grid
Governments and environmentalists are quick to criticize the amount of electricity Bitcoin mining uses, but investors’ growing interest in crypto...
Jack Dorsey is building ‘Web5’ powered by Bitcoin
Block Inc. is looking to bypass Web3 entirely and focus on a new Bitcoin-centric model for identity management. Block subsidiary...
Report: Luxury Fashion Retailer Farfetch to Accept Crypto Assets for Payments
The British-Portuguese luxury fashion retailer Farfetch said it will accept crypto assets soon thanks to a partnership with the German...
Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate
Global financial markets and crypto sold-off after today’s 8.6% CPI print showed inflation remains a persistent challenge. Global financial markets...
Ethereum eyes fresh yearly lows vs. Bitcoin as bulls snub successful ‘Merge’ rehearsal
ETH price could drop by another 25% this month, a mix of technical and fundamental indicators suggest. Ethereum's native token...
Bitcoin Lightning Network capacity charges through 4,000 BTC
The layer-2 technology built on Bitcoin now has 4,000 Bitcoin or $120 million locked up allowing for near-instant payments around...
Bitcoin price falls under $29.5K after ‘unexpected’ 40-year high US inflation
The ghost of the highest inflation since 1981 gets traders pricing in three more 0.5% rate hikes by October. Bitcoin...
Bear market: Some crypto firms cut jobs while others aim for sustainable growth
While crypto companies have been faced with major layoffs, things are nowhere as bad as the tech industry or other...
$30K BTC price has ‘severe impact’ on Bitcoin miner profits — analysis
Miners are facing an increasingly problematic climate for participating in the Bitcoin blockchain, and only higher BTC prices can help....
Number of DAOs increases 8X along with spike in votes and proposals
The total number of DAOs has increased dramatically over the past 12 months along with their participation rates, but it...
Global Bitcoin adoption to hit 10% by 2030: Blockware report
Bitcoin, like the internet and social media, benefits from “network effects”, where more adoption spurs higher value and incentive for...
