Month: April 2022

Ethereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge

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While the Ethereum community is getting prepared for The Merge and the protocol’s transition to a full proof-of-stake (PoS) system, the network’s hashrate reached an all-time high (ATH) on April 7, 2022. On Thursday, Ethereum’s hashrate reached a high of 1.131 petahash per second (PH/s), jumping 13% in 89 days. Ethereum’s Hashrate Climbs 13% Higher … Read more

Bitcoin, Ethereum Technical Analysis: Bitcoin Trades Near Key Support Level to Start the Weekend

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Bitcoin was trading close to its long-term support level during Saturday’s session, as the decline in crypto markets continued. The price of ETH was also lower to start the weekend, falling below $3,200 in the process. Bitcoin Cryptocurrency markets were down by over 2% on Saturday, with BTC falling by the same amount to start … Read more

Top 3 Metaverse Crypto Coins Under $0.18 to Watch in April 2022

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Metaverse Crypto coins hold above the $34 billion support level while trading sideways this weekend. On the other hand, cryptocurrency markets continue their bearish momentum as Bitcoin and Ethereum struggle to hold support. The current market conditions make this a perfect time to start accumulating underrated and undervalued projects if you’re brave enough to buy … Read more

EU Designates ESMA as Crypto Regulator of the Region in Latest MiCA Draft

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The Parliament of the EU has designated ESMA, the European Securities and Markets Authority, the top cryptocurrency regulator of the region in the latest draft of MiCA, the Markets in Crypto Assets regulation. The European organization would have the task of licensing crypto-related institutions and exchanges, putting national regulators under its authority. ESMA Gets Crypto … Read more

South African Central Bank Governor: Regulators and Policymakers Must Be Involved in Shaping Potential Move to DLT Markets

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The head of the South African central bank has insisted that regulators and policymakers should be involved in directing any potential move to markets that are based on distributed ledger technology (DLT). Pondering the Implications of Innovation The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has argued that central banks, regulators, and … Read more

Sky Mavis Raises $150 Million in Financing Round Led by Binance to Refund Users Affected by the Ronin Bridge Exploit

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Sky Mavis, the company behind the play-to-earn (P2E) game Axie Infinity, announced it has raised $150 million in a funding round to replenish the funds the company lost in the Ronin Network exploit. The funding round — which was led by Binance and had the participation of companies like Animoca Brands, a16z, Dialectic, Paradigm, and … Read more