Category: Blockchain

Ethereum (ETH) has experienced a significant adoption rate thanks to booming non-fungible token (NFT) and decentralised finance (DeFi) sectors. As a result, ETH’s trading volume across different platforms has been on an upward trajectory. Reportedly, Ethereum accounts for almost half of the trading volume on top exchanges compared to a quarter a year ago.  The

Sub-Saharan Africa has been the top Bitcoin adoption spot for 181 consecutive weeks after edging out Northern America, as revealed by Arcane Research. The crypto insight provider explained: “Booming African Bitcoin adoption as Sub-Saharan Africa now holds the most vibrant P2P market globally. Northern America has been dethroned by Sub-Saharan Africa as the leading

Ethereum’s uptick above $2,700 not experienced in two months has made the crypto community excited. The second-largest cryptocurrency had, however, retraced to the $2,600 level during intraday trading, according to CoinMarketCap. On-chain metrics provider Santiment explained: “Ethereum’s surge above $2,700 for the first time in 2 months has caused some signs of crowd euphoria,

An American meat and cold cut production company Oscar Mayer used the eBay e-commerce platform to auction a single “Hot Doge Wieners” package worth 10,000 Dogecoins. Oscar Mayer released an official Twitter stating that they are making a limited edition of Hot Doge Wieners, including ten sausages and the famous icon Shiba Inu with dogecoin

The famous British luxury brand Burberry cooperated with Mythical Games to launch its first non-fungible token (NFT) series. This Burberry Blanko, named Sharky B, is a shark-shaped NFT wearing a brand new TB Summer Monogram, which exists in the blockchain. The product will go on sale at 3 pm PST on August 11, according to the official Twitter.

The Paris-based derivatives and computer-driven fund manager Melanion Capital got the approval from the French regulators to lunch an exchange-traded fund (ETF) for tracking up to 90% correlation with Bitcoin’s price and its performance, online media ETF strategy report Wednesday. The emerging ETF will track the Melanion Bitcoin Exposure Index, managed by BITA and is

Cryptocurrency data analyst CoinMetrics found that the Bitcoin SV network suffered a 51% attack on Tuesday through its regular monitoring tool FARUM. The monitoring data of FARUM, the blockchain security monitoring tool of the intelligence company CoinMetrics, confirmed this statement and indicated that it witnessed 14 blocks undergoing a deep reorganization of the network. Lucas

A blockchain-as-a-service dubbed EY OpsChain under big-four accounting and auditing firm Ernst & Young will create non-fungible tokens (NFTs) for the award-winning Italian film La Leggenda Di Kaspar Hauser.  Per the announcement: “EY teams worked with CinTech to design a disruptive business vision for the entertainment industry to help filmmakers reach new audience and

Public Canadian crypto mining firm HIVE Blockchain has ordered 4,000 Bitcoin mining machines from Canaan Inc.- China’s Bitcoin mining hardware manufacturer. Canaan Inc. talked about the purchase and stated that the aggregate operating hash rate of the 4,000 machines is 272 petahash per second (PH/s). Canaan further mentioned that it expects to ship the machines