Bookmarking Crypto Insights
Following the all-time high (ATH) recorded in May, Ethereum’s hashrate has been breaking records again, as it reached 132 petahash per second (PH/s) on Saturday, June 4. Presently, Ethereum’s hashrate is coasting along at 129 PH/s and the network’s top mining pool Ethermine commands 0.24% of the network’s hashrate. Ethereum’s Hashrate Captures Another Record High … Read more
A recently released game called MiningNetwork has been topping the charts, becoming one of the most popular Metaverse NFT games in cryptocurrency. According to data from DappRadar, MiningNetwork reached over 437k users in the past week, surpassing games like Alien Worlds and Farmers World. Let’s look at MiningNetwork in more detail and see why so … Read more
As DeFi projects offering insane returns continue to infiltrate the market, experts believe that investors need to better equip themselves to avoid such scams. Go to Source Powered by WPeMatico
Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platform has been announced as an alternative to SWIFT, which is unavailable for some Russian banks. Rostec Employs Distributed Ledger Technology to Substitute SWIFT Russian state-owned corporation Rostec has built a … Read more
South Korea announced Digital Assets Committee, launched an investigation and met with Asia-Pacific financial authorities. Go to Source Powered by WPeMatico
Pablo Hernandez de Cos, governor of the Bank of Spain, has again warned about cryptocurrencies and the growth that the crypto market is experiencing. Hernandes de Cos stated that, while the market is still relatively small at a worldwide level, the cryptocurrency market is now bigger than subprime mortgages before the financial crisis circa 2008, … Read more
“One of the reasons it is so successful is because it’s simple,” he added while comparing the Unified Payments Interface’s (UPI) growth with blockchain technology. Go to Source Powered by WPeMatico
According to an executive with the Dubai-based DAMAC Properties, the real estate development “company has already succeeded in concluding real estate deals worth $50 million via cryptocurrencies since the beginning of this year.” The executive, however, says his company is facing challenges convincing the older generation decision-makers to buy into the metaverse, non-fungible tokens, and … Read more
For the first time, the decentralized nature of Web3 will allow users to participate in digital economies without having to give up control over their data. Go to Source Powered by WPeMatico
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says central bank digital currencies could “kill whatever little case there could be” for cryptocurrencies, like bitcoin and ether. RBI’s Deputy Governor Discusses Impact of CBDCs on Cryptocurrencies RBI Deputy Governor T. Rabi Sankar talked about the potential impact of central bank digital currencies (CBDCs) … Read more
