Bitcoin hashrate surges as miners brace for record-Bitcoin halving hit - Industry News - News

Bitcoin hashrate surges as miners brace for record-Bitcoin halving hit

bitcoin-miners-halving-event-draws-near/” target=”_blank” rel=”noopener”>BTC miners have revealed that they are strengthening their Bitcoin sales before the long-anticipated halving event. Data illustrate that the daily sales have escalated from an average of 100 bitcoins to peak at 1,600 bitcoins in late March, the highest rate since August last year. This is due to the upcoming halving event,…

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Creator of the Fantom blockchain, Andre Cronje, Weighs In on Solana’s Scalability Efforts - Industry News - News

Creator of the Fantom blockchain, Andre Cronje, Weighs In on Solana’s Scalability Efforts

Andre Cronje, the creator of the fantom blockchain, made interesting observations on Solana’s operational issues during the peak of this blockchain chain’s popularity.  To his Twitter account, known as “X,” Cronje shared an official statement countering the growing narrative regarding Solana’s current problems, which had received immense attention from the crypto world on discussion boards. …

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RootData raises a $1.25 million Seed fund to enable users in web3 ecosystem - Industry News - News

RootData raises a $1.25 million Seed fund to enable users in web3 ecosystem

From the Web3 asset data sector, RootData, a start-up platform, has delivered a pre-seed investment capped at $1.25 million which it considers a significant boost to its operations. The next round also engaged foremost investors deploying NLVC, Boyaa Interactive, Bonfire Union Ventures, and top several names in the sector. The capital is appointed for R&D…

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BlackRock teams up with Wall Street giants for Bitcoin ETF participation - Industry News - News

BlackRock teams up with Wall Street giants for Bitcoin ETF participation

Blackrock, the largestbitcoin-etfs-as-trading-hit-highs/” target=”_blank” rel=”noopener”> ETF issuer in the developed world, has named four major Wall Street banks its authorized participants for its IBTC ETF, making them eligible for block trades. Citi, Citadel, Goldman Sachs, and UBS coming together at once with the spot bitcoin ETFs being the greatest spotlight of this is not a…

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ADA and ATOM tokens ousted from Grayscale funds as Bitcoin dominance surges - Industry News - News

ADA and ATOM tokens ousted from Grayscale funds as Bitcoin dominance surges

Grayscale, the world’s major crypto-focused asset manager, took severe measures in the recent quarterly rebalancing and ejected ADA and atom of Cardano and cosmos from its funds. This decision is a retroactive action following the industry’s underlying factors, such as bad results and a strategic shift among virtual currencies. Grayscale index fund asset allocation changes…

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Prisma Finance Implements Risk Mitigation Efforts for Protocol Revival - Industry News - News

Prisma Finance Implements Risk Mitigation Efforts for Protocol Revival

finance-hacker-apology-stolen-funds/” target=”_blank” rel=”noopener”>Prisma Finance, an exemplary platform for decentralized finance (DeFi), has launched its protocol with DAO’s full backing since its inception. The action was taken after the spotlight on the same platform after obtaining an anomaly of $11.6 million, which resulted in the temporary suspension of operation. Institutionalization is one of the responsibilities given…

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PayPal Advances in Crypto with PYUSD Stablecoin for Zero-Fee International Transfers - Industry News - News

PayPal Advances in Crypto with PYUSD Stablecoin for Zero-Fee International Transfers

PayPal, which is based in California, the well-known Silicon Valley, is going to aim at widening news.bitcoin.com/paypal-integrates-pyusd-for-international-transfers-on-xoom/” rel=”nofollow noopener” target=”_blank”>its PYUSD crypto application among its US customers. As a result, it will become possible to use this currency for cross-border money transfers, as well. Now through Paypal, individuals will can pay through Xoom since this…

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PlayStation Plus Adds Immortals of Aveum: A Hidden Gem of 2023 - Industry News - News

PlayStation Plus Adds Immortals of Aveum: A Hidden Gem of 2023

In a surprising move, game-crow-country-delivers-nostalgia/” target=”_blank” rel=”noopener”>PlayStation Plus has quietly introduced what many are calling the most overlooked shooter of 2023: IMMORTALS OF AVEUM. Developed by a new studio, this game harks back to the era when single-player campaigns were the hallmark of shooters, featuring massive set pieces and innovative gameplay mechanics reminiscent of classics…

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Gurbir Grewal Reflected About Efforts of Compliance of Crypto-Industry. - Industry News - News

Gurbir Grewal Reflected About Efforts of Compliance of Crypto-Industry.

Gurbir Grewal, in a recent address at the annual “SEC Speaks” conference that was held by the U.S. Securities and Exchange Commission (SEC), emphasized the deficiencies of the current cryptocurrency industry’s procedures for implementing compliance. Stating at the event which is conducted by the Practicing Law Institute over two days, he voiced his regards to…

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