Amidst the buzz surrounding bitcoin’s latest price surge, a significant number of transactions are currently clogging up the mempool. As of writing, 134,986 unconfirmed transactions await confirmation, and block times are lingering above the usual ten-minute mark. Bitcoin Transactions Backlogged as Mempool Reaches Higher Levels On the morning of Wednesday, Bitcoin.com News brought to light the decrease in Bitcoin’s global…
Facebook parent Meta reported profits fell 23% during its first quarter compared to last year on Wednesday, as Mark Zuckerberg’s social media empire tries to find its footing amid a weaker economy. During its first quarter, the social media giant took in a profit of $5.7 billion, a 23% drop compared to $7.4 billion a year ago. Revenue for the…
In 2022, Massachusetts Senator Elizabeth Warren authored a bill that would require cryptocurrency wallet providers to comply with bank Anti-Money Laundering rules. No crypto exchanges, mind you, but the wallets themselves. Kansas Senator Roger Marshall joined her on the proposal as a co-sponsor. Sadly, Marshall betrayed the populist principles he ran on as a candidate. The bill also betrayed the…
Plug and Play Tech Center, an accelerator based in California’s Silicon Valley, will expand its crypto and digital assets vertical to France, the company announced April 25. Plug and Play has had a Paris location since 2016, where it engages with such verticals as retail, fintech, smart cities and sustainability. Paris is among Plug and Play’s over 50 offices in…
As part of the partnership, all NFTs in The Sandbox’s collection wallet will be transferred to the Ledger Enterprise wallet. Source: https://cointelegraph.com/public/index.php/news/the-sandbox-partners-with-ledger-enterprise-to-secure-metaverse-businesses
Newly launched decentralized exchange Merlin was drained of around $1.82 million from its liquidity pool on Wednesday, with auditor CertiK—who completed an audit of the DEX just before its launch—blaming “rogue developers” for the hack. In a post on Twitter, the auditor said that, “Initial investigations indicate that the rogue developers are based in Europe, and we are working with…
Bitcoin erased the gains made earlier today, plunging as much as 7% in an hour to below $28,000, per CoinGecko data. At time of publication, the price of Bitcoin stood at just under $27,750, down 4.6% on the day and 8.4% over the past week. The wider crypto market crashed alongside Bitcoin, with the top 10 coins by market cap…
Brands big and small across a wide array of industries have entered the NFT world, ranging from Starbucks and Nike to Charmin and Taco Bell. And today, U.S. convenience store chain QuikTrip joined the fray with the debut of a free mint of digital collectibles. Launched to commemorate the chain’s 1,000th store, QuikTrip announced a free drop of 1,000 Ethereum…
The team behind Lens, a Web3 social media protocol, has announced the launch of a new “layer 3” network to scale blockchain social media apps. Called “Bonzai,” the new network processes and stores posts, comments, and shares, taking this data off the Polygon network and thereby increasing scalability for Lens, according to an April 26 announcement viewed by Cointelegraph. Introducing…
CISA executive Brynly Llyr said that it’s important to consider and research emerging technologies that can help address climate change. Source: https://cointelegraph.com/public/index.php/news/blockchain-features-on-wef-whitepaper-as-a-tool-to-fight-climate-change
