Unstoppable Finance, decentralized finance (DeFi) startup established in Solana, has claimed that the city of Solana is much more decentralized than most people give it credit for being. On the other hand, one school of thought maintains that the blockchain platform is inherently more centralized than decentralized. The blockchain network’s active validator count, the Nakamoto … Read more
On July 26, bitcoin (BTC) dropped to $21,000 when it became public that a major cryptocurrency exchange in the United States, Coinbase, was the subject of an investigation. The Bitcoin Price Has Reached an “Extremely Crucial” Level of $21,000 As news of new legal problems for Coinbase regarding securities trading, the Bitcoin to United … Read more
On July 26, the price of Solana (SOL) followed the general trend of the cryptocurrency market and dropped to a level that was not seen in nearly two weeks. Despite this, the technical analysis indicates that there is a possibility that Solana’s price would increase by forty percent in August. The SOL Reaches an … Read more
In the second quarter of 2022, the major electric motor firm Tesla, also one of the businesses that had acquired the highest quantity of bitcoins, carried out a sale representing seventy-five percent of its bitcoin holdings. According to the report that Tesla released during the second quarter: “After the second quarter, we converted around 75 … Read more
Ryan Felton, a film producer, based in Atlanta, has pled guilty to charges that indicate he operated a cryptocurrency scheme that resulted in the theft of more than $2.5 million from cryptocurrency investors. The film producer, indicted in the United States for his activities around the cryptocurrency projects Flik and CoinSpark, reported that the film … Read more
The South Korean government has taken steps to push back the implementation of any new cryptocurrency taxes until 2025. The country has pointed to the current state of the market as one of the reasons for making this decision. This is a significant development, given that South Korea is one of the most important markets … Read more
The United States of America has emerged as one of the most important countries for mining cryptocurrencies worldwide. The United States of America is now home to several cryptocurrency mining companies that rank among the most successful in the world. As a result of China’s ongoing crackdown on cryptocurrency mining activities over the past few … Read more
The company behind cryptocurrency exchange Upbit, South Korean financial behemoth Dunamu, has unveiled an ambitious strategy that could create more than 10,000 new employment inside the Web3 ecosystem. According to a local news article released on Tuesday, the Upbit operator intends to invest up to 500 billion won (approximately $380 million) in its Web3 venture. … Read more
Although Ethereum & Ethereum Classic has similar blockchains, they are very different. With a $185.4 billion market cap, Ethereum is the second-largest cryptocurrency by market size. With a $3.4 billion market value, Ethereum Classic is currently ranked at number 22. So what sets them apart? A Hard Fork of Ethereum Produced Ethereum Classic As … Read more
The Austrian Grand Prix will have a three-year sponsorship arrangement from 2022 to 2024 with CryptoDATA Tech, a company that creates blockchain-based cybersecurity solutions for diverse clients. The companies revealed on Monday that Dorna Sporting, the owner of the MotoGP commercial rights, had signed a multi-year sports agreement with the Romanian cryptocurrency company Cryptodata Tech. … Read more