Bitcoin cash jumped to a fresh seven-month high on Tuesday, as prices rallied, despite bearish sentiment increasing. Today’s move comes as the global cryptocurrency market cap is trading 1.50% lower at the time of writing. One of the most notable tokens to fall has been polygon, which dropped for a fourth straight day. Bitcoin Cash (BCH) Bitcoin cash (BCH) surged…
Month: February 2023
NFT aggregator Blur eyes 30% price pump by March amid airdrop euphoria
Blur (BLUR) could rise by up to 30% by March 2023 owing to a mix of technical and fundamental factors. Blur airdrop hype Blur is a nonfungible token (NFT) aggregator that indexes digital art listings across various base marketplaces like LooksRare and OpenSea. In doing so, the aggregator allows users to trade across all NFTs marketplaces via a single interface.…
Paxos is engaged in ‘constructive discussions’ with SEC: Report
Stablecoin issuer Paxos was reportedly discussing the Binance USD (BUSD) stablecoin with the United States Securities and Exchange Commission following a Wells notice from the financial regulator. According to a Feb. 21 Reuters report, Paxos chief executive officer Charles Cascarilla said the firm was “engaged in constructive discussions” with the SEC and would continue to speak in private. The report…
Fake Bing ChatGPT Tokens Pop Up Amid AI Hype
Weeks after Microsoft announced a new AI-powered version of its search engine Bing, scammers have been flooding the market with tokens trying to cash in on hype around the product. The new search engine is powered by the same technology behind OpenAI’s popular text chat tool ChatGPT, kicking off an AI arms race with Google Interest has also extended into…
Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times – Mining Bitcoin News
After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see the largest rise of the year, surpassing the 10.26% increase that occurred on Jan. 15 at block height 772,128. Next Bitcoin Difficulty Change Estimated to Jump 10.78% to…
ConsenSys eyes Web3 notification service refinement with Hal acquisition
Blockchain technology services provider ConsenSys acquired Hal, a no-code blockchain development tooling platform, to disrupt alerts and notifications at the protocol level in Web3. The acquisition will allow ConsenSys’ Web3 API provider Infura to integrate Hal’s configurable webhooks or notification service in its developer stack. As a result, the move will help developers create alerts and notifications at the protocol…
16 ways blockchain and crypto leaders can better educate prospective users
While crypto and blockchain have their share of enthusiastic pioneers, these industries can’t survive and thrive without attracting new users. Many cite the space’s tech-forward complexity as a barrier, but does it have to be? And are industry leaders adding to the problem by not working to reach prospective users where they are? The close-knit nature of the blockchain and…
Multicoin, Sequoia Lead $6M Round in Solana-based Crypto Wallet TipLink
TipLink’s premise is simple: Create a new crypto wallet, deposit funds, and then send it—wallet and all—to a recipient using a link. Now, that premise is about to be tested at scale. The company just closed a $6 million seed round, co-led by Multicoin Capital and Sequoia Capital. Circle Ventures, Solana Ventures, and Paxos also participated in the round. Along…
Gamers made up nearly half of all blockchain activity in January: DappRadar Report
Play-to-earn blockchain gaming experienced a downturn over the last year as gamers prioritized improving the gameplay experience. However, according to a new report from DappRadar, in the first month of 2023, gamers made up nearly half (48%) of all blockchain activity. January also saw the market caps for top gaming tokens increase by 122% on average, with Gala (GALA), the…
DraftKings Tees Up PGA Tour NFT Fantasy Golf Game
After establishing NFT-based fantasy sports games around the National Football League (NFL) and Ultimate Fighting Championship (UFC), sports betting firm DraftKings announced today that it will launch an NFT fantasy golf game in partnership with the PGA Tour. DraftKings will roll out the Reignmakers PGA Tour experience in March, following the same kind of format as with its previous NFT…