Factors affecting BTC miner profitability
The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin. Closely tied to the drop in…
Board urges Bank of Central African States to introduce common digital currency: Report
The Bank of Central African States, or Banque des États de l’Afrique, which serves Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo, could…
Epic Games ‘definitely won’t’ follow Minecraft NFT ban
Epic Games founder and CEO Tim Sweeney says his firm “definitely won’t” follow Minecraft’s developers in banning non-fungible tokens (NFTs). As previously reported, Minecraft developers Mojang Studios banned NFT integrations…
Turkish crypto exchange joins COPA to fight against ‘patent trolls’
Major Turkish crypto exchange BtcTurk has joined the crypto patent alliance (COPA) to team up with prominent firms in their mission to provide open access to patents and empower the…
Bitcoin price dips under $23K after earnings report reveals Tesla sold 75% of its BTC
“Easy come, easy go” was the story on July 20. The day started on a positive note with Bitcoin (BTC) climbing above $24,300, only to end the official trading day…
Gemini receives virtual asset service provider license in Ireland
New York-based crypto trading platform Gemini claims to be the first one to get registered as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland (CBI). Earlier,…
Amazon.eth ENS domain owner disregards 1M USDC buyout offer on Opensea
On Tuesday, the Ethereum Name Service, or ENS, domain Amazon.eth received an offer for 1 million USDC (a stablecoin pegged to the U.S. dollar) from an anonymous wallet address on…
Liquidity protocol uses stablecoins to ensure zero impermanent loss
At a time when the decentralized finance (DeFi) protocols have seen a significant outflow of funds from the market, maintaining liquidity has become even more challenging. Liquidity plays a central…
Celsius has finally filed for bankruptcy: Law Decoded, July 18-25
Reducing your initial debt of $820 million to just $0.013 over a month can’t be easy. And, it’s hardly surprising that such a heroic dash has led Celsius to bankruptcy.…
Could Bitcoin miners’ troubles trigger a ‘death spiral’ for BTC price?
A July 9 post by @PricedinBTC on the “cost to mine Bitcoin” in the United States gathered the crypto community’s attention, especially considering the recent headlines that BTC miners have…