2 reasons why Bitcoin Ordinals are ‘positive’ for the BTC: Grayscale
Ordinals have been a controversial topic within the Bitcoin community but crypto investment firm Grayscale says there’s two main reasons...
Month: April 2023
Mineflation: Cost to mine one Bitcoin in the US rises from $5K to $17K in 2023
New Mexico is the cheapest US state to mine Bitcoin in terms of average electricity cost, while Hawaii is the...
Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade
Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536,...
Satoshi’s Last Emails: ‘Make It About the Open-Source Project,’ Economist Predicts ‘Catastrophic’ Fall in US Living Standard, FRC Shares Plummet, and More — Week in Review
Another week has passed in the world of crypto and finance, with the anniversary of Bitcoin creator Satoshi Nakamoto’s last...
‘Good luck bears’ — Bitcoin traders closely watch April close with BTC price at $29K
Bitcoin approaches the end of April barely moving as BTC price offers little short-term clues on trajectory. Bitcoin (BTC) narrowed...
FDIC pins Signature Bank’s failure on poor governance and illiquidity
FDIC blamed SBNY’s board of directors and management for pursuing “unrestrained growth” using uninsured deposits without implementing liquidity risk management...
FDIC alleges Cross River engaged in ‘unsafe’ lending practices
Cross River is yet to admit nor deny the allegations that it “engaged in the unsafe or unsound banking practices”...
Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm
This week, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI) report for the country, revealing...
Reports by Fed and FDIC Reveal Vulnerabilities Behind 2 Major US Bank Failures
On Friday, Michael Barr, the vice chair for supervision at the U.S. Federal Reserve, published a report on the vulnerabilities...
Netflix Star Driving Bitcoin Adoption With Porsche Flying El Salvador Flag
Scottish-Salvadoran driver Sebastian Melrose has made his debut in the Porsche Carrera Cup racing championship. The 25-year-old, who took part...
Tencent Cloud to reportedly offer deepfake creation tool at $145
Tencent Cloud’s deepfake creation service can analyze and train itself on three-minute videos and 100 voice clips to produce a...
Bitcoin sell-off next? Binance BTC balance shoots up $1.5B in 1 month
Binance is up over 50,000 BTC in a month, in sharp contrast to other major exchanges, while data suggests the...
UK Treasury seeks input on taxing DeFi staking and lending: Finance Redefined
The UK Treasury is seeking input on taxing the DeFi space, and on provisions around staking and lending. Welcome to...
Bitcoin Blockchain Surpasses 2 Million Ordinal Inscriptions Milestone in Just Over 4 Months
As of April 28, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain has exceeded 2 million, according to...
What is Auto-GPT, and why does it matter?
Auto-GPT is a powerful tool for task automation that combines natural language processing and deep learning to generate human-like text...
