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Based on these significant changes, assessing the state of BTC mining and miners
Bitcoin [BTC] mining has had its share of difficulties in recent years. Operating costs are the most difficult challenge, especially with rising energy prices due to high demand during the winter.
So, how is the Bitcoin mining business doing?
Electricity prices are expected to fall as Europe and the United States transition from winter to summer. Because most miners are concentrated in these…
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BTC whales who are optimistic may have to do more than just accumulate, and here's why...
Bitcoin [BTC] prices have begun to fluctuate after rallying for the previous three months. However, the decline in exchange deposits indicated that holders remained optimistic about the future of the king coins.
Bulls and Bears “exchange” glances
According to data from Glassnode’s, the number of exchange deposits hit a two-year low at the time of writing.
📉 #Bitcoin $BTC Number of Exchange…
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The development activity in Lido has reached an all-time high; here's why.
According to recent data provided by Electric Capital’s developer report, it was discovered that Lido’s ecosystem ranked very high in terms of development activity in the crypto space.
The growth was measured by comparing the development activity of protocols from 2022 Q4 to 2023 Q1. The data suggested that the Lido protocol not only witnessed a spike in activity from full-time developers but…
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Why Avalanche's latest achievement may not be enough to rouse AVAX from its slumber
April is coming to an end, and Avalanche has had a good month so far. The network has experienced rapid growth, particularly in terms of daily active users. Will this growth, however, have a positive impact on AVAX’s price action?
The most recent daily active users data from Avalanche revealed a significant increase in the last two weeks. The number of daily active users recently reached a…
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Aptos [APT] falls into the $10 psychological zone; keep an eye on this level.
Aptos [APT] has dropped to a psychologically important lower boundary of $10. The retest of the boundary has both sellers and buyers on edge as they vie for dominance. So far, candlewicks have reached $10, confirming the bulls’ desire to defend the support.
However, a bearish Bitcoin [BTC] and a break below $27k could offer sellers more leverage. The king coin’s price rejection at $30k has set…
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Examining why DAI is almost certain to win the Stablecoin replacement battle.
Since the broader crypto market has suffered setbacks in recent weeks, many investors have taken positions by amassing stablecoins.
For some, the price correction represents an opportunity for future gains. Others felt it was too early in the season to spot an opportunity.
Usually, Tether [USDT] takes the biggest share of this action. And the same stablecoin tops the standing when profit-taking…
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This is why the halving of LTC in 2023 may irritate eager miners and investors.
According to Oklink’s data, the Litecoin [LTC] halving will take place in the latter half of 2023. As a result, it’s worth comparing the current mining fee to the anticipated fee after the halving event.
Litecoin halving in 100 days
Oklink’s recent data on cryptocurrency halving and reduction events revealed that LTC’s next halving was imminent. The having is expected to take place on 2 August…
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Why EOS investors should be concerned despite a favourable audit report
EOS recently released the most recent edition of its Q1/Q2 audit report, which includes a thorough review and analysis of Pomelo and related EOS Support projects.
The goal of the report was to provide EOS Respect and the larger EOS community with sufficient project details to assist users in making decisions during the pomelo seasons.
A brief about the audit report
To further expand, the audit…
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Uniswap [UNI] enters a demand zone; are short-sellers out of luck?
Uniswap [UNI] has dropped to a critical demand zone of $5.24 – $5.5, which may have an impact on sellers if the asset sees more aggressive buying at the level.
Bitcoin’s [BTC] sharp drop from $31,000 triggered a pullback in the altcoin market. Similarly, after reaching a supply level of $6.5, UNI retreated, falling into a critical demand zone.
Will the demand zone prevent further price…
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Will Tezos [XTZ] rely on NFT and DEX activity in the future?
Tezos [XTZ] has seen significant growth in its ecosystem over the last quarter, owing largely to an increase in NFTs and DEX activity on the blockchain, according to Messari.
Because of its energy efficiency and lower transaction fees when compared to other platforms such as Ethereum [ETH], the open-source platform has become a popular choice for NFT creators and collectors.
Expanding…
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According to the lawsuit, a data breach at LastPass resulted in the theft of $53K in Bitcoin.
According to the lawsuit, a data breach at LastPass resulted in the theft of $53K in Bitcoin.
Following a data breach in August 2022, a class action lawsuit has been filed against the password manager.
Following a data breach in August 2022, a class-action lawsuit has been filed against password management service LastPass.
The class action was filed with the United States district court of Massachusetts on Jan. 3 by an unnamed plaintiff known only as “John Doe” and on behalf of others…
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Avraham Eisenberg, the owner of Mango Markets, has been ordered detained pending trial.
Avraham Eisenberg, the owner of Mango Markets, has been ordered detained pending trial.
Before the trial could be completed, a United States Magistrate Judge ruled that the Mango Markets exploiter should be detained.
The United States District Court for the District of Puerto Rico has issued an order of detention to the infamous Mango Markets exploiter Avraham Eisenberg in a new update to the Mango Markets exploit saga.
After holding a detention hearing, United States Magistrate…
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Magic Eden will refund users after 25 fake NFTs were sold as a result of an exploit.
Magic Eden will refund users after 25 fake NFTs were sold as a result of an exploit.
Over a 24-hour period, over two dozen fake NFTs were sold on the Magic Eden marketplace due to a “massive exploit” on the platform.
Magic Eden, a nonfungible token (NFT) marketplace, has promised to refund all users who were duped into purchasing bogus NFTs on its website as a result of an exploit.
In a Jan. 4 statement, the company said a bug in its newly deployed “activity indexer” for its…
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NFT influencer is a victim of a cyberattack and loses $300,000 or more. CryptoPunks
NFT influencer is a victim of a cyberattack and loses $300,000 or more. CryptoPunks
They appear to have authorised a malicious DApp to transfer their tokens, resulting in the assets being immediately drained.
Nonfungible token (NFT) influencer CryptoNovo announced on Jan. 4 that he fell victim to a cyberattack and lost two CryptoPunks. He wrote on Twitter, “I just got hacked!!! Are you kidding me!?!” and included a screenshot from OpenSea showing two CryptoPunks being…
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The SEC files an objection against Binance. The United States intends to acquire Voyager Digital.
The SEC files an objection against Binance. The United States intends to acquire Voyager Digital.
Before agreeing to the acquisition, the SEC wants to see more information in the $1.022 billion deal between Binance’s US arm and Voyager Digital.
The Securities and Exchange Commission (SEC) of the United States has filed a “limited objection” to Binance, a cryptocurrency exchange.
The United States has proposed a $1 billion takeover of the bankrupt cryptocurrency lender Voyager Digital, citing…
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Logan Paul has threatened to sue Coffeezilla over allegations of a CryptoZoo'scam.'
Logan Paul has threatened to sue Coffeezilla over allegations of a CryptoZoo’scam.’
Logan Paul has threatened to sue Coffeezilla, a fellow YouTuber and internet detective, for defamation after he called Paul’s CryptoZoo nonfungible token (NFT) project a “scam.”
Since Dec. 17, when Stephen Findeisen, also known as Coffeezilla, launched the first of a three-part video series attacking CryptoZoo and Paul, the project’s face, the two have been battling back and forth on social media…
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A judge has ruled that Celsius owns funds in Earn accounts, paving the way for the sale of stablecoins.
A judge has ruled that Celsius owns funds in Earn accounts, paving the way for the sale of stablecoins.
Judge Martin Glenn found the Earn program’s terms of use to be “unambiguous,” and treating account holders as unsecured creditors was more equitable.
The funds in the Celsius interest-bearing Earn programme belong to Celsius under the terms of the program’s terms of use, according to Judge Martin Glenn, who is presiding over the Celsius bankruptcy case. The funds are said to be worth more than $4…
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