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Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022

Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022

At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25,

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Kraken Becomes First Global Crypto Exchange Fully Licensed by Abu Dhabi Global Market

Kraken Becomes First Global Crypto Exchange Fully Licensed by Abu Dhabi Global Market

Abu Dhabi Global Market has awarded a full financial license to crypto exchange Kraken. “Kraken will be the first global virtual assets exchange group in the UAE to offer investors the ability to invest, trade,

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South Korean Music Sharing Platform Registers NFT Music Theft Prevention Patent

South Korean Music Sharing Platform Registers NFT Music Theft Prevention Patent

A South Korean music sharing platform, Koong World, recently announced the registration of a non-fungible token (NFT)-based music theft prevention patent. Using this patent, the music sharing platform aims to “solve the problem of copyright

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Bybit Launches Crypto Options Trading

Bybit Launches Crypto Options Trading

The Singapore-headquartered digital asset exchange – Bybit – expanded its services, enabling crypto options trading. Upon launch, users will be able to trade USDC options and perpetuals through portfolio margin, which employs a risk-based model

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Dogecoin (DOGE) surges after hitting lows in the recent dip

Dogecoin (DOGE) surges after hitting lows in the recent dip

Dogecoin (DOGE) is booming today. The coin had a mixed 2022 and recently bottomed out at $0.109. However, it looks like the fortunes of this popular meme coin are beginning to turn, and we could

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Video Game Developers Clash With Publishers Over Web3 Integration

Video Game Developers Clash With Publishers Over Web3 Integration

Developers of popular video games are conflicting with their publishers over plans to integrate non-fungible tokens (NFTs) and blockchain technology. Blockchain technology featured prominently at this year’s Game Developers Conference, where companies promoted the prospect of digital

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More Bitcoin and Ethereum Traders Are in Profit Despite Pullback

More Bitcoin and Ethereum Traders Are in Profit Despite Pullback

Profitability of lead cryptocurrencies Bitcoin and Ethereum remains higher than average Recent data from InTheBlock suggests that more Bitcoin and Ethereum traders are making profits despite the cryptocurrency’s recent pullback. On-chain analytics show that 58.44%

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Flare (FLR) Platform Develops Bitcoin Bridge to Algorand, Receives Algorand Foundation Grant

Flare (FLR) Platform Develops Bitcoin Bridge to Algorand, Receives Algorand Foundation Grant

Flare (FLR) platform strengthens its presence in multi-chain bridge segment with new grant partnership Flare (FLR), a new EVM-enabled platform designed to empower non-programmatic blockchains with the power of smart contracts, has reached a new

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SushiSwap 2.0 Reveals Restructuring Plans After Months of Internal Crisis

SushiSwap 2.0 Reveals Restructuring Plans After Months of Internal Crisis

SushiSwap has come up with a restructuring plan after the exodus of developers and talent in the past months. In the latest blog post, the popular DEX acknowledged the internal crises that plagued the ecosystem

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No Negative Ethereum Issuance Days Noticed Since February 1: Deflation Postponed?

No Negative Ethereum Issuance Days Noticed Since February 1: Deflation Postponed?

Ethereum issuance remains positive for almost three months, which may be a problem for those who can't wait to see Ethereum becoming a deflationary asset Ethereum has not seen a negative emission day since February

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