We’ve seen esports and gaming get integrated in the crypto landscape left and right lately – but not quite in ways like this. Thousands of PlayStation consoles were last week modified to mine crypto. The Details Of The Operation The Ukrainian Security Service (SBU) raided the operation last week for allegedly stealing electricity; the SBU…
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Markets are cyclical, and move in a variety of patterns that can often give insight into what phase of a market cycle an asset like Bitcoin might be in. But could time also play an important factor as to when market cycles come to the climax? Evidence suggests that the crypto market is especially sensitive…
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Poland Authorities have come up with their aggression against the most known cryptocurrency exchange Binance. The country’s watchdog for financial activities has issued a warning to the public against dealing with the cryptocurrency exchange. According to regulators, the exchange is facing lots of regulatory issues globally, and as a result, consumers should be wary of…
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ChainSwap has experienced another exploit in what has turned out to be a terrifying month for the exchange. The platform which acts as a bridge for assets had succumbed to an exploit earlier this month, and now, only eight days later, ChainSwap has succumbed to another exploit. This time, the attacker made away with $8…
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Bitcoin’s second layer payment protocol Lightning Network has been expanding unnoticed by most users. First proposed in 2015 and launched in 2018 as a beta, its adoption and capacity have accelerated during the past few months. The Lightning Network allows users to send fast and low-cost transactions via payment channels. Unlike the Bitcoin-based layer, lightning…
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The Bitcoin Trading Volume has plunged down to the lowest level since 2020, as per an Arcane Research report. BTC Trading Volume Plunges To Lowest Since December 2020 According to an Arcane Research report, the Bitcoin trading volume has seen a new daily low this weekend. The indicator had already plunged a week ago, but…
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Recently, both institutional and retail investors have shown an increasing interest in Cardano. It is fast becoming the coin of choice for investors who are in crypto for the long term. Good news trots behind the coin as Cardano released a roadmap for the Alonzo hard fork that is scheduled to take place in the…
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For a network that allows final settlement of sound money, there’s no better marketing tool than a central bank balance sheet. That’s the reason for this popular saying in the Bitcoin community: Central bank policies are Bitcoin’s ad campaign. Governments keep printing money, causing inflation, and devaluating the bills in your pocket. As long as…
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There is no denying the fact that mining cryptocurrencies and processing decentralized transactions demand large amounts of energy. As per the Bitcoin Energy Consumption Index, the total energy consumption of the Bitcoin network tops 131.12 TWh – that’s almost equal to the total power consumption of Argentina. Experts claim that the energy consumption and electronic…
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The best Ethereum 2.0 staking services and how to pick one according to your needs. We dive into pros and cons of Ethereum staking pools, independent ETH2 node providers, and much more. With over 5 million ETH already staked with Ethereum 2.0, the public is now faced with a plethora of services that let both…
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