Bitcoin Cash
Bitcoin Cash

Bitcoin miners still bullish despite toughest bear market yet — Hut8, Foundry, Braiins

Bitcoin mining firms have been forced to sell newly minted Bitcoin to cover operational costs during one of the toughest bear markets for miners on record. Follow up Bitcoin BTC $33,827 miners have been up against the ropes over the past year, with record amounts of BTC sent to centralized exchanges to cover costs in […]

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Bitcoin Cash

Cryptocurrency investment manager ETC Group is expanding its Bitcoin

Cryptocurrency investment products could be a missing piece of the puzzle towards mass adoption, and are now becoming increasingly more common. The first Bitcoin BTC $33,806 futures exchange-traded fund (ETF) was launched in the United States back on October 19, 2021. Since then, a number of other cryptocurrency investment products have been launched in various […]

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Bitcoin Cash

Circle rolls out native USDC tokens on Polygon

Circle taps into Ethereum layer 2 Polygon to provide USDC liquidity directly on the proof-of-stake scaling protocol. News Stablecoin issuer Circle has announced it has begun minting USD Coin USDC $1.00 natively on the Ethereum layer-2 scaling protocol Polygon. USDC is accessible to users and developers without bridging the stablecoin from Ethereum to another blockchain. Circle […]

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The Metaverse is real: Zuck’s ‘incredible’ photorealistic tech wows crypto Twitter

Often roasted for his metaverse tech demos, Zuckerberg appears to have blown away internet users with his latest avatar tech. News While critics have been busy writing eulogies for Meta’s metaverse dream over the last few years, Mark Zuckerberg’s latest demonstration of its photorealistic avatars shows it could be pretty far from dead after all. […]

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BIS, EU central banks building data platform to track crypto, DeFi flows

The Bank for International Settlements and a handful of European central banks are building a system to track international flows of cryptocurrencies. News The Bank for International Settlements (BIS) has developed a proof-of-concept (PoC) for a system tracking on-chain and off-chain transactions from cryptocurrency exchanges and public blockchains, including Bitcoin. Working with the Deutsche Bundesbank, […]

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IBM’s new AI chip offers 22x speedup with ‘mind-blowing’ energy efficiency

The team is already years into work on the next version of the potentially revolutionary NorthPole hardware. News IBM recently debuted a new prototype artificial intelligence (AI) chip purported to be both faster and far more energy-efficient than any chip currently available. According to research published in Science Magazine on Oct. 19, the new chip, […]

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Uniswap founder burns $650B HayCoin against speculation

Uniswap’s Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20 over concerns about price speculation. News Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20, according to an announcement on X (formerly Twitter). The majority of the tokens have been removed from circulation due to Adams’ concerns […]

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Sei token valued at $1.8B after beta launch, exchange listings

The token opened to a wild trading session across major exchanges. News Layer 1 trading blockchain Sei Network has reached a fully diluted valuation of $1.8 billion on the initial day of token listing. On Aug. 15, major exchanges such as Binance, Bybit and Bitget jointly listed the network’s native Sei (SEI) token. On Binance, […]

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Bitcoin Cash

Pennsylvania cuts 2-year mining moratorium from bill after union pressure

The bill’s sponsor Greg Vitali included a clause that instead subjects miners to ongoing reporting requirements to get the bill past a House Committee. A Pennsylvania House Representative has cut a two-year crypto mining ban from their bill to regulate the sector’s energy consumption claiming trade labor unions pressured the change. On Oct. 16, the […]

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DYdX to launch decentralized order book exchange on Cosmos: KBW 2023

DYdX Foundation CEO Charles d’Haussy said that the exchange is taking a “new step forward” by decentralizing the order book. Interview Decentralized exchange (DEX) platform dYdX plans to offer a “purely decentralized” order book exchange as it migrates its ecosystem from the Ethereum network to the interchain network Cosmos. At the Korea Blockchain Week 2023, […]

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