Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90%
On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in...
Month: May 2023
Cryptocurrency trading addiction: What to look out for and how it is treated
The epic highs and lows of cryptocurrency trading make traders particularly prone to addictive trading behavior. An often overlooked aspect...
New wallet uses Amazon hardware security modules to eliminate seed words
The newly launched crypto wallet by Kresus requires users to sign in with “magic links,” meaning password hashes don’t need...
Bitcoin fees plummet 95% as BTC price recovers from US gov’t scare
Bitcoin was not subject to U.S. government selling this week, analysis shows, but BTC price action remains pressured. Bitcoin (BTC)...
Circle reportedly adjusts USDC reserves to avoid US default risk
The world’s second-largest stablecoin issuer wants to reduce its exposure to potential United States debt defaults. Stablecoin issuer Circle has...
Fiat-backed stablecoins could be used to post bail in New York under proposed bill
A New York lawmaker has introduced a new bill that proposes to allow certain stablecoins to be accepted as payment...
Google I/O: Tech giant slings raft of new AI tools — So what’s coming?
Google unveiled a slew of AI features at its latest I/O conference, with new, improved AI models to be integrated...
Ethereum derivatives flirting with bearishness: Mind the $1,820 support
The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs....
Arbitrum’s DAO to receive over 3,350 ETH in revenue from transaction fees
Proceeds come from base fees and surplus revenue generated from network transactions. The incentive follows a recent clash between Arbitrum’s...
PEPE vs. DOGE: How the memecoins performed their first time hitting a $1B market cap
In a recent Cointelegraph Twitter poll, DOGE was voted as the memecoin that will have had the largest market capitalization...
Robinhood’s Q1 crypto revenue drops 30% from the previous year
The money coming in for the trading app's crypto business reached $38 million over the first quarter of 2023, down...
3 takeaways from the European Union’s MiCA regulations
The European Union’s Markets in Crypto-Assets regulation could stifle innovation and increase compliance costs for the crypto industry. The European...
IRS claiming $44B from FTX bankruptcy: Report
The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research. The United States...
Bitcoin Ordinals make their way to Binance: Nifty Newsletter, May 3–9
At the Metaverse Entertainment Worlds conference, Stephen Castell discussed how blockchain and AI are transforming ethics and banking. In this...
What is Google’s Bard, and how does it work?
Following ChatGPT’s success, Google released its AI chatting service, Bard. Here’s all you need to know about the next generation...
