As digital asset markets have shed significant value during the last two weeks, the top meme coins by market capitalization have dropped considerably against the U.S. dollar. The top meme asset dogecoin has lost 23.9% over the last seven days, while shiba inu’s value was reduced by 31.1% this week. Dogecoin Down 80% Since All-Time High, Shiba Inu Down 75% Since High On Monday, January 24, 2022, the top meme coins by market capitalization have lost 3.1% over the last Read more …
The selloff in cryptocurrencies continued to start the week, with bitcoin falling to its lowest level since July. Ethereum was also trading in the red, hitting multi-month lows in the process. This comes as the overall global market cap in cryptos was down close to 9% at the time of writing. Bitcoin Bitcoin (BTC), which has been the main focus of the recent decline in crypto prices, was trading 3% lower on Monday (at the time of writing), and almost Read more …
Harbor Custom Development will accept bitcoin for its real estate properties. The company said the integration would be facilitated by a third party, which would also handle an escrow arrangement. Harbor operates in Washington, California, Texas, and Florida. Real estate development company Harbor Custom Development Inc. will start accepting bitcoin as payment for its listed land, developed lots, residential homes, condominiums, and apartments in four U.S. states, according to a Monday press release. “We embrace the technological advances in our Read more …
The U.S. Securities and Exchange Commission (SEC) has brought 97 cryptocurrency enforcement actions so far. Furthermore, the securities regulator has imposed approximately $2.35 billion in total monetary penalties against digital asset market participants. 97 Crypto Enforcement Actions Cornerstone Research published a report titled “SEC Cryptocurrency Enforcement: 2021 Update” last week. The report analyzes SEC enforcement activities from July 2013 to December 2021, the company detailed, elaborating: Since the first action in July 2013, the SEC has brought a total of Read more …
Satoshi Energy Corporation has raised 60 bitcoin in its latest seed round. The company seeks to power bitcoin with renewable energy by connecting data centers with BTC miners. Satoshi Energy Corporation has raised 60 BTC, worth about $2 million at the time of writing, in a seed round led by Stillmark and its founding partner Alyse Killeen. “The seed funding is a significant milestone for our company as we build a market leading strategy for bitcoin miners to procure low Read more …
The total value locked (TVL) in decentralized finance (defi) protocols has lost 6.8% during the last 24 hours as crypto markets have experienced more losses. However, the Fantom blockchain has seen a TVL increase, jumping 46.62% over the last week. Fantom has managed to knock Binance Smart Chain (BSC) down a notch, as it now holds the third-largest share in the world of defi. Fantom’s Total Value Locked in Decentralized Finance Jumps 46% in 7 Days The defi and smart Read more …
CheckTemplateVerify (CTV) is a soft fork proposal for Bitcoin specified in the Bitcoin Improvement Proposal (BIP) 119. It aims to enable new use cases for the network by adding a basic type of “covenant,” or smart contract, which is more than what can be achieved at the moment. Why Covenants? Bitcoin, as is, doesn’t possess a lot of flexibility in its programmability at the base level of transactions — and certainly not as much flexibility as it has at the Read more …
sponsored Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, today announced that it has joined the National Cyber-Forensics and Training Alliance (NCFTA), a nonprofit corporation focused on identifying, validating, mitigating, and neutralizing cybercrime threats. Binance is the first organization from the blockchain and cryptocurrency industry to formally join the alliance. The NCFTA was established in 2002 to enable the responsible sharing of information and subject matter expertise with partners from private sector industries, law enforcement, and academia. Its goal Read more …
Nasdaq-listed miner CleanSpark said it now boasts 2 EH/s of hashrate capacity. The miner doubled its hashrate capacity in just a few months. CleanSpark is also implementing solutions to maximize mining efficiency, including immersion-cooling. CleanSpark, a Nasdaq-listed bitcoin mining and energy technology company, announced on Monday that its operations have reached two exahashes per second (EH/s) of hashrate capacity, enabling the miner to produce about 10 bitcoin per day. “We have more capacity coming, in terms of both machines and Read more …
For the third time in a little over ten days, a solo bitcoin miner has found a valid block hash to take the full coinbase reward home. The small worker, with only about 86 terahashes per second (TH/s) of hashrate capacity, managed to successfully mine a new block on the Bitcoin network, earning a block reward of 6.25 BTC and over 0.30 BTC in fees. “Congratulations to another miner with approximately 86TH solving a solo block on http://solo.ckpool.org,” tweeted Solo Read more …
Education and awareness campaigns are still viewed as important channels that draw people to cryptocurrencies and blockchain. This has been particularly true in some parts of Africa where bitcoin and other cryptocurrencies are proving to be a useful alternative to fiat currency. Blockchain Education and Advocacy From Uganda Despite a surge in the use of blockchain technology and cryptocurrencies that started with the pandemic-inspired lockdowns, many people, particularly in Africa, are still unfamiliar with these technologies. To bridge this knowledge Read more …
Finding mainstream use cases for non-fungible tokens is the next objective to take NFTs to the masses. French startup Sneakmart, with its dedication to streetwear, is tapping into the sneaker collector market. The company will bring limited-edition sneaker NFTs to collectors worldwide through mystery sneaker boxes. Sneakmart Modernizes Sneaker Collecting One of the biggest trends in recent years is the acquisition of limited-edition sneakers and reselling them for a higher value. It is a lucrative business that can yield returns Read more …