After China banned bitcoin earlier this year, Russia became the world’s second-biggest bitcoin miner country. Its cold climate nurtures the perfect conditions for bitcoin rigs to function at top performance for long periods without fancy cooling systems. But in addition to enterprise operations, home mining is also becoming popular in Russia. According to a report by The Telegraph, over 14,400…
Publicly traded crypto mining firm Hive Blockchain is expecting to produce 6,900 Ether (ETH) and 670 Bitcoin (BTC) for the fiscal quarter ending on Dec. 31, marking a respective drop and increase over that of the previous quarter. In a Wednesday notice to shareholders, Hive said it had mined 6,280 Ether from Oct. 1 to Dec. 21, and was on track to…
The price of the cheapest Bored Ape NFT for sale is now 53.9 Ether (ETH), or $215,067, while the minimum asking price for a CryptoPunk is 52.69 ETH, which is currently worth $210,239, according to OpenSea. All month long there has been speculation about the possibility of Bored Ape flipping CryptoPunks in terms of NFT floor price. Earlier this week, Cointelegraph…
Solana is a highly scalable decentralized blockchain developed with a unique method of ordering transactions that significantly improves its transaction throughput, to the point that it has consistently been processing over 2,500 transactions per second. It claims to be able to process 50,000 transactions per second. The power of Solana’s cheap transactions is felt when it’s time to pay transaction fees,…
In brief Tron founder Justin Sun in July bid $28 million to accompany Jeff Bezos on a flight to space. Sun missed the launch but will next year fly on one of Bezos’ Blue Origin rockets to space with five other “warriors,” he said today on Twitter. Tron founder Justin Sun today announced that he will fly to space via…
It’s been a wild year in crypto. The surging popularity of NFTs, the maturing DeFi landscape, and new all-time highs for Bitcoin, Ethereum, and other cryptocurrencies dominated headlines and captured a great deal of attention in 2021. Yet one project managed to wade through the noise and emerge as our pick for Coin of the Year: Solana. The title is…
On December 22, Twitter trends indicate that thousands of people on social media are talking about the World Economic Forum’s (WEF) “Great Reset” agenda, as Reuters and the BBC had run fact-checking posts on the subject. According to the reports, the Great Reset has been tied to various conspiracy theories and the initiative was launched in June 2020. BBC, Reuters…
More than 100 out of 170 “digital payment token services” in Singapore have reportedly failed to obtain licenses from the local financial regulator, the Monetary Authority of Singapore, or MAS. 103 companies related to the digital payment industry in Singapore found their regulatory exemptions removed amid apparently tough regulation, Japan’s financial publication The Nikkei reported Monday, citing data from the…
In brief The cheapest-available (or floor price) Bored Ape Yacht Club NFT topped the floor CryptoPunks NFT for the first time this morning. The two largest Ethereum profile picture projects have varying approaches to community engagement and commercialization rights. For the first time, the cheapest-available (or floor price) Bored Ape Yacht Club NFT now costs more than the lowest-priced CryptoPunks…
MicroStrategy CEO Michael Saylor reportedly owns at least 17,732 bitcoin.Saylor’s bitcoin holdings are worth about $866 million.The executive targets a $6 million BTC price. The Bitcoin bull ahead of software intelligence firm MicroStrategy, Michael Saylor, reportedly disclosed a personal bitcoin stash worth $866 million. According to a Markets Insider report, Saylor said in a November interview with The Information that…
