US Crypto Companies Spent $18.96M on Lobbying in 2023
The crypto industry has been facing increasing pressure from the U.S. Securities and Exchange Commission (SEC), which has been cracking down on some of the largest players in the space. In June, the SEC sued Coinbase and Binance, two of the biggest…
Bitcoin surpassed the $43,000 mark for the first time in 18 months
What is Bitcoin?
Bitcoin is a decentralized digital asset that joins the ranks of traditional assets such as cash, gold, and real estate. It has a limited supply, is easily divisible, durable, and verifiable. It works on a network of nodes that verify transactions and…
BlackRock secures $100,000 in seed funding for its Spot Bitcoin ETF
A spot Bitcoin ETF is a game-changer for the crypto industry. It would allow everyday investors to gain exposure to the price movements of Bitcoin without having to buy, store, or manage the digital asset themselves. Unlike Bitcoin futures ETFs, which…
Bitcoin surpassed the $43,000 mark for the first time in 18 months
Bitcoin, the world’s most popular cryptocurrency, has recently reached a new high, surpassing the $43,000 mark. According to CoinDesk, where the value of Bitcoin peaked at $43,200. This is the first time in 18 months that Bitcoin has reached such…
Yellow Card and TBD Introduce Global Fiat Gateways for Bitcoin and Stablecoin Payments
Yellow Card and TBD have formed a partnership to facilitate the seamless conversion and withdrawal of fiat currencies in Africa, specifically when conducting transactions with Bitcoin and stablecoins. TBD, a crypto-focused developer platform, has…
PeckShield to Review SmartDeFi's Contracts Ahead of Presale
How the leading security audit firm will ensure the safety and reliability of SmartDeFi’s innovative products. SmartDeFi is a platform that aims to provide decentralized finance solutions. It is powered by FEGtoken, a deflationary token that…
NEAR has reached 833k Daily Active Addresses (DAA), surpassing Ethereum and other L1s
NEAR Protocol, a cost-efficient L1 blockchain, has surpassed Ethereum and its L1 peers in terms of Daily Active Addresses (DAA). NEAR Protocol, a cost-efficient L1 blockchain, has surpassed Ethereum and its L1 peers in terms of Daily Active Addresses…
Bitcoin miners' revenue has dropped by more than 30% in the last six months
Bitcoin miners’ revenue has decreased by over 30% in the last six months, despite the 88% year-to-date increase in bitcoin’s price. Bitcoin mining is a lucrative but risky business. Miners are responsible for securing the network and…
The CEO of Coinbase confirmed that there is no intent to develop tokens for Base
Coinbase’s CEO Brian Armstrong has stated that there are no intentions to introduce a token specifically for its layer-2 network, Base, within the cryptocurrency exchange. Coinbase, one of the largest and most popular cryptocurrency exchanges in…