DeFi’s first-ever decentralized venture capital fund “for the people, by the people” is here. Jade Protocol has a treasury that has surpassed $100M in value, launching a full-scale, Olympus-style framework …
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UK inflation hits 10-year high after the Bank of England warns Bitcoin could become worthless
The United Kingdom has been hit by surging inflation figures. According to data published by the UK Office for National Statistics (ONS), the inflation rate is at a 10-year high. …
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Whales acquire around $14M worth of MATIC tokens since “burn” announcement
WhaleStats data indicate that whales have piled almost $14 million into MATIC tokens after its ”burn” announcement. In four different transactions reported by the tracking website, whales have acquired nearly five million MATIC …
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Solana (SOL) records over $5.5 billion inflows in one day following turbulent week
Amidst a tumultuous week, Solana has witnessed inflows exceeding $4 billion in a single day to its market cap. Indeed, the market value of the world’s fifth-largest cryptocurrency increased from …
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Ethereum (ETH) ultra-bullish for 2022 following the implementation of EIP-1559
The supply of Ether, the native coin of the Ethereum blockchain network may be entering a deflationary regime just like it was projected with the introduction of EIP-1559. At the moment, …
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East China’s Zhejiang province busts dozens of state-owned entities for mining cryptocurrency
An internet authority in East China’s Zhejiang province has identified in July 4,699 IP addresses in the province that were involved with cryptocurrency mining, and among them 183 addresses were …
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Miami Mayor Francis Suarez explains why he’s bullish on Bitcoin mining in Florida
In August 2021, the USA held the majority of the world’s average monthly hashrate share for Bitcoin. As a natural extension of this, different American states are vying for a larger slice of …
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Block (formerly called Square) will allow users to gift Bitcoin for the holidays using Cash App
Digital payments company Block, formerly called Square, has announced that Cash App users will be able to gift friends and family both crypto and stock over the holiday season. According …
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Bitcoin (BTC) hashrate hits new record high post-China crackdown
Bitcoin has now seen a dramatic recovery in its hashrate since China had carried out its crackdown about half a year ago. The hashrate had dropped significantly when the region had …
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German savings banks want to enable Bitcoin (BTC) for 50 million clients
German savings banks are reportedly planning to allow customers to invest in major digital currencies like Bitcoin and Ether directly from checking accounts. Savings banks in German-speaking countries, also known …
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