One of the main things fueling the ultimate bullrun on Ethereum is the burning mechanism that takes a large portion of ETH coins out of circulation and creates conditions in which the asset …
MoreSolana (SOL) is now the most staked digital asset by value
In light of the increasing adoption of the technology, many investors are resorting to crypto staking to diversify their passive income sources. In terms of the total value of crypto assets staked …
MoreIndian Prime Minister issued a stern warning that Bitcoin poses a threat to younger generations
On Thursday, November 18, 2021, Indian Prime Minister Narendra Modi issued a stern warning that Bitcoin poses a threat to younger generations, adopting a combative tone as his government prepares …
MoreThe Acala network wins Polkadot’s first parachain auction with $1.3 billion secured
Acala, an Ethereum-compatible DeFi protocol for scaling DApps, has secured the first slot on the much anticipated Polkadot’s parachain auctions. Acala, a decentralized Layer-1 smart contract platform, recently won the …
MoreCardano creator Charles Hoskinson says that the US needs a new system for regulating crypto
In a new interview on Thinking Crypto, the CEO of the technology company behind the blockchain platform Cardano, Input Output Hong Kong (IOHK), says that current regulatory approaches do not work well with …
MoreSHIB fundamental background remains strong: dominance reaches 21% among whale-tier holders
While Shiba Inu’s market performance leaves much to be desired, background on-chain and market data suggest that large investors are still interested in purchasing some tokens for their portfolios, according to Whalestats. The service …
MoreThe city of Williston sets up Bitcoin ATM in airport after cryptocurrency payment adoption
North Dakota’s City of Williston continues its exploration and adoption of the cryptocurrency industry with the installation of a crypto automated teller machine (ATM) in its international airport. The city’s …
More10 members of the US Congress say current crypto tax rules can kill industry innovation
While the Infrastructure Investment Act has garnered accolades from several key players, the cryptocurrency ecosystem has kicked against a certain provision embedded within the law. A group of lawmakers voices …
MoreCaribbean country Barbados will become the 1st nation globally with an embassy in the metaverse
Caribbean country Barbados plans to become the first nation to set up a diplomatic embassy in the metaverse, a virtual reality version of the internet. The plan comes after the …
MoreLakers’ Staples Center will be renamed ‘Crypto.com Arena’ in $700M deal
Following an agreement with Singapore-based cryptocurrency company Crypto.com for an estimated $700 million, the Staples Center, the home of the Los Angeles Lakers, will be renamed ‘Crypto.com Arena’ next month, …
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