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Ethereum dominates among developers but competitors growing faster

The Ethereum ecosystem still has far more developers than rival networks, but they are catching up with a faster rate of growth. Ethereum competitors such as Polkadot, Solana, and Binance Smart Chain are growing faster in terms of development activity according to crypto research firm Electric Capital which released its findings on the blockchain development

Canaan expands crypto mining operations in Kazakhstan

Canaan, which is a leading Bitcoin mining hardware company, announced its strategic collaboration with crypto mining firms in Kazakhstan to bolster the joint mining business in the region.  Canaan enters into strategic alliances with Kazakh crypto mining firms Canaan on Tuesday announced that it had successfully deployed 10,300 AvalonMiner units in Kazakhstan. As of December

3 reasons why Cosmos (ATOM) price is near a new all-time high

Blockchain network interoperability is shaping up to be one of the main themes for the cryptocurrency ecosystem in 2022. New users are continuing to onboard into the growing world of crypto while both new and established projects search for the chain that will best serve the needs of their protocol and community.  One project that

Fuel price protests escalate in Kazakhstan causing internet blackout for its Bitcoin miners

Spurred by a sharp rise in fuel prices, raging protests in Kazakhstan brought about a nationwide internet blackout. Following the US, Kazakhstan counts as the second-largest country when it comes to mining Bitcoin–accounting for roughly 18% of the network hash rate. Internet blackout The global internet monitoring group NetBlocks confirmed a “significant disruption to internet

BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE

Bitcoin (BTC) and most major altcoins are stuck in a tight range with bulls buying near the support and bears selling at resistance levels. Usually, such tight ranges are followed by an expansion in volatility. Although a few analysts have not ruled out a quick drop to low $40,000s, most traders expect Bitcoin to rebound

Canaan Deploys 10,300 Mining Machines in Kazakhstan, Expanding its Mining Operations

Canaan, a Chinese Bitcoin mining manufacturer engaged in independent AI chip research and development as well as providing high-performance computing services, announced that it has signed strategic cooperation agreements with a number of crypto mining companies and plans to launch joint mining operations in Kazakhstan. According to the official announcement, as of the end of

El Salvador Eyes Issuance of Bitcoin Bonds Through Raft of Legislation

El Salvador’s administration plans to send approximately twenty bills to Congress to cover investment in securities and financial markets in order to provide a legal framework for the issuance of Bitcoin bonds. Finance Minister Alejandro Zelaya disclosed this objective and said: “This is to provide a legal structure and legal certainty to everyone who

Nvidia Plans to add Innovation in the Metaverse with Software, Marketplace Deals

Leading American multinational technology company Nvidia Corporation has set its eyes on adding more creativity in the metaverse with various marketplace and software deals. The company disclosed that it had rolled out plans to offer software to artists and other creators for free needed in developing virtual worlds for the metaverse. Nvidia also acknowledged that it