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News and Articles by Diana



Kickstarter

Kickstarter postpones plans to move to blockchain

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Kickstarter has revised plans to move to a blockchain protocol and move towards the crypto space after a backlash from the community. In December, the team announced the development of an open-source solution for running the platform in a decentralized environment. “We think that using everything...

Bitcoin hashrate

Bitcoin hashrate increased by 45% in six months

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The activity of bitcoin-miners is intensifying even against the backdrop of the retreat of the cryptocurrency. While BTC is getting cheaper, the network hash rate continues to grow. According to Blockchain.com, computing power set a new record this week, reaching 211.9 exahash per second (EH/s)....

Laundering

AscendEX bitcoin exchange hacker began laundering assets

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The hacker who hacked the AscendEX cryptocurrency exchange in December 2021 began selling stolen assets. According to PeckShield experts, the attacker exchanged ERC-20 tokens, including Route, Rio Fuel, MATIC, REVV, Clearpool, and MAPS, for Ethereum through the Uniswap decentralized exchange. The...

Illinois

In Illinois proposed to introduce tax incentives for miners

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A bill has been introduced in the Illinois State Senate to extend the data center tax credit program to businesses that mine BTC and other cryptos. The paper was documented by Republican Senator Sue Rezin. Democrat Julie Morrison joined as co-sponsor. The program noted in the bill has been...

Mining

Mining difficulty sets new high after nearly 5% growth

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As a result of the next recalculation, the complexity of bitcoin mining increased by 4.78% and reached a new all-time high at around 26.97 trillion hashes (T). According to the algorithm, the difficulty is recalculated every 2016 block (approximately two weeks). For the first time in this period,...

Thug dogs

Doggy Land Launches Thug Dogs NFT’s

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On 7th March, Doggy Land launches a new project -Thug Dogs NFT's with a collection of 10,000 dogs based on the Ethereum blockchain. Thug Dogs NFT’s will have a fair lunch and will be sold at 0.06 ETH. About Thug Dogs NFT’s Doggy Land, who releases Thug Dogs NFT's, wants to grow a community of...

Patrick Gelsinger

Intel CEO: Bitcoin threatens the environment

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Many experts periodically accuse bitcoin of causing great environmental harm. Now Intel CEO Patrick Gelsinger has joined the critics of BTC mining. One transaction record on the blockchain consumes the amount of electricity needed to power your home during the day, the company's CEO said in an...

Bitcoin

Bitcoin retreats again amid call for crypto regulation

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In several countries this week, they started talking about the need to strengthen control over the cryptosphere. As a result, pressure on the industry began to intensify again, which led to an outflow of capital from digital currencies. The day before, bitcoin tried to approach $45,000. On the...

NFT

OnlyFans and YouTube announced the introduction of NFT technology

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The content subscription service OnlyFans, which is very popular in the "adult entertainment" industry, is empowering its potential creators. According to an official statement from the developers, the startup has added a feature that allows you to set non-fungible tokens as a profile...

Novogratz

Mike Novogratz thinks gold and Bitcoin are safe assets

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Galaxy Digital CEO Mike Novogratz has repeatedly stated that in terms of capitalization, Bitcoin will be able to bypass gold in the medium term. However, this week on Twitter, he unexpectedly called for an end to discussions about what is more important than precious metal or cryptocurrency. In his...

Ethereum

Share of profitable ETH addresses exceeds total number of BTC holders

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Ethereum (ETH) on the night of February 17 is trading at $3,000, however, against the backdrop of a market correction, the altcoin may fall below this psychological mark again shortly. Nevertheless, the accumulation of ETH continues. The number of addresses with a non-zero balance set a new record...

NYSE

NYSE files for NFT-focused trademark

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The New York Stock Exchange has filed a trademark application for a non-fungible token (NFT) marketplace and virtual goods. In April 2021, the site released an NFT "in honor of the IPO of high-tech American companies." Each token contains Spotify, Snowflake, Unity, DoorDash, Roblox, and...

Canada

The Government of Canada will start tracking crypto transactions

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The Canadian authorities intend to put into practice the "Emergencies Act", which, among other things, will allow the government to block the bank accounts of citizens and track the crypto transactions of Web users. According to reports, the adoption of such drastic measures by senior...

Coinbase

Coinbase plans to significantly increase the staff in 2022

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Until the end of 2022, the crypto company Coinbase Global, which owns the bitcoin exchange of the same name, plans to significantly increase its staff. The HR director's blog says that the company will hire about 2,000 more new employees due to the increase in the number of projects and directions...

Sushiswap

Whales purchased over 2.6M SushiSwap tokens in two months

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SushiSwap (SUSHI) has jumped almost 6% to $4.28 in the last 24 hours. Its capitalization grew on the night of Wednesday, February 16, to $544.772 million. Large investors, often referred to as whales, have been acquiring SUSHI tokens since mid-December last year. Wallets holding between 100,000 and...

Darma capital

DARMA Capital Launches Filecoin-Based CFTC Regulated Swap

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Digital asset manager DARMA Capital announced the launch of Filecoin Asset Use Swap, the first of its kind swap based on Filecoin. DARMA Capital has secured product approval from the CFTC. A financial instrument involves the exchange over a certain period by two parties of cash flows generated by...

Grayscale

Grayscale Bitcoin ETF Receives Public Support

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The US Securities and Exchange Commission (SEC) has requested public comment on Grayscale Investments' spot bitcoin ETF. Intelligence analyst Eric Balciunas, 95% support the launch of a financial instrument. In October 2021, the founder and CEO of Digital Currency Group, the parent company of...

Coinsfera

Is It a Correct Way to Invest in Bitcoin in 2022 Using Companies? Yes

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Before investing in Bitcoin, Ethereum, or any other cryptocurrency, consider if you want to be a casual investor (which is OK!) or a serious investment. You've probably heard tales about celebrities like Elon Musk and Mark Cuban allegedly profiting off Bitcoin. You've seen advertisements for...

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