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Bitcoin Mining Revenue Hits 19-Month High Amidst Upcoming Halving and ETF Speculations
November 27, 2023
Bearing testament to the health of the Bitcoin network, miner revenue surged to a 19-month high in November, as miners anticipate big events in the coming year. This revenue, which …
Read moreHong Kong Crypto Exchanges Face Major Scams Amid Licensing Process
November 27, 2023
Recent investigations in Hong Kong have revealed suspicions of scams involving two cryptocurrency trading platforms, Hounax and JPEX, with reported losses totalling up to $198.4 million. The Hong Kong authorities …
Read moreStandard Chartered to Begin Testing China's e-CNY CBDC
November 27, 2023
UK-based multinational bank, Standard Chartered, plans to initiate testing of China's Central Bank Digital Currency (CBDC), the e-CNY, marking its position as one of the first international banks to participate …
Read moreCEO Richard Teng Reveals Future Plans for Binance after Founding CEO Steps Down
November 27, 2023
Former head of global regional markets and now CEO of Binance, Richard Teng, has outlined his plans for the renowned cryptocurrency exchange following the step down of founding CEO, Changpeng …
Read moreHIVE's Strategic Acquisition Expands Its Data Center Operations in Sweden
November 27, 2023
In pursuit of continual global expansion, Canadian-based cryptocurrency mining company HIVE Digital Technologies has acquired a new data center facility in Boden, Sweden. The facility, previously part of the EU's …
Read moreSolana Price Correction Risk and ATOM Update
November 27, 2023
The founder of Cosmos, Jae Kwon, has called for a chain split following a community-approved cutback in ATOM's inflation from 14% to 10%. This news led to a small 3% …
Read moreSmall Bitcoin Holder Addresses Reach Record High While HTX Exchange Reinstates BTC Services
November 27, 2023
Quick Take A recent surge has been noted in the Bitcoin (BTC) ecosystem, particularly in the rise of Plankton Cohort addresses (holding less than 0.01 BTC). The count of these …
Read moreCircle Pairs with SBI Holdings to Increase USDC Circulation in Japan; Binance Settles with U.S. Authorities
November 27, 2023
Stablecoin issuer Circle is collaborating with Tokyo-based financial services company, SBI Holdings, to augment the usage of USD Coin (USDC) and Web3 services in Japan. A memorandum of understanding (MOU), …
Read moreLearn Concept: Understanding Influence of 'Whale Activity' on Cryptocurrency Prices
November 27, 2023
Cryptocurrency investors often observe significant fluctuation in their respective market prices. One aspect that contributes to such changes is the activity of large-scale stakeholders, often referred to as 'Whales'. A …
Read moreInvestor Paradigm Expresses Concern Over Controversial Launch of Ethereum Layer-2 Blast
November 26, 2023
Crypto venture capital firm Paradigm, a seed investor in crypto startup Blast, has criticized the protocol's marketing strategy as inappropriate and potentially harmful. Paradigm's head of research, Dan Robinson, publicly …
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