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Bitcoin Transaction Fees Experience Significant Drop Following Record High

Transaction costs for Bitcoin, the most popular cryptocurrency in the world, dropped significantly after reaching a record high. This decline, which followed the Bitcoin halving, has drawn interest from the cryptocurrency community. Let’s examine this development’s specifics. Bitcoin Transaction Fees Plunge: The average charge for Bitcoin transactions has dropped significantly, only one day after hitting … Continue reading Bitcoin Transaction Fees Experience Significant Drop Following Record High

BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

Cryptocurrency enthusiasts can now participate in the highly anticipated BounceBit (BB) Megadrop, an event organized by Binance, one of the leading cryptocurrency exchanges. This unique opportunity allows users to engage in the Megadrop by subscribing to BNB Locked Products or completing Web3 Quests. Starting from April 26, 2024, at 00:00:00 UTC, participants can take part … Continue reading BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

When compared to the previous quarter, the total value locked (TVL) in decentralised finance (DeFi) approximately doubled during the first quarter of 2024, indicating that DeFi has witnessed tremendous growth from the previous quarter. It is possible to ascribe, at least in part, this spike to Ethereum’s liquid restaking activities, which have been the driving … Continue reading Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests

Binance, the largest cryptocurrency exchange, has recently announced the launch of Binance Megadrop, a new token launch platform that offers a unique combination of airdrops and Web3 quests. This platform allows users to subscribe BNB to Locked Products and complete tasks in their Web3 Wallet to gain early access to rewards from selected Web3 projects … Continue reading Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests

Blockchain Investment Dropped 60% in 2019 despite Bitcoin's Bullish Run

Blockchain investment dropped 60% from a record 4.1 billion in 2018 to 1.6 billion this year, according to the findings of CB Insights reported on 18 July. Blockchain’s meteoric rise slowed in 2019 Source: CB Insights As seen in from the graph above, traditional venture capital firms invested $784 million into blockchain companies in 227 … Continue reading Blockchain Investment Dropped 60% in 2019 despite Bitcoin's Bullish Run

Walmart Files Patent Application for Blockchain-Based Drone Communications

The American commerce giant Walmart filed for a patentapplication for a drone communication system entitled “Cloning Drones Using Blockchain” in January 2019. The United States Patent and Trademark Office published the patent on August 1. Blockchain technology is utilized to transmit information such as drone identification numbers, flight speeds, flight routes to other drones. The filing outlines a system … Continue reading Walmart Files Patent Application for Blockchain-Based Drone Communications

Follow up: Almost 300,000 Addresses Hit in Binance Dusting Attack Launched Against Litecoin

Cryptocurrency exchange giant Binance had alleged that a dusting attack had been launched on Litecoin (LTC). Being the fourth-largest altcoin, this had gained substantial attention amongst cryptocurrency proponents. The exchange had made a statement through a tweet on their social media account, on August 9, claiming that there had been a significant attack on the altcoin the … Continue reading Follow up: Almost 300,000 Addresses Hit in Binance Dusting Attack Launched Against Litecoin

Blockchain Favored by Andrew Yang, America’s 2020 Presidential Hopeful

Andrew Yang, who is eyeing America’s presidential election in 2020, has asserted that blockchain should be incorporated as it will modernize the voting structure. Yang believes that blockchain will propel authentic democracy, as well as boost Americans partake in the voting exercise. Yang stipulates: “It’s ridiculous that in 2020 we are still standing in line … Continue reading Blockchain Favored by Andrew Yang, America’s 2020 Presidential Hopeful

White House Cracks Down on Cryptos Used for Purchasing Illicit Drugs

The White House issued two advisories on illicit drug purchases in the United States on Wednesday, referencing the role of cryptocurrencies allegedly used in these transactions. The advisories addressed to several financial institutions and digital payment platforms, stating that cryptocurrencies can be and have been used for illicit drug purchases, targeting Bitcoin, Bitcoin Cash, Ethereum and Monero in … Continue reading White House Cracks Down on Cryptos Used for Purchasing Illicit Drugs

Bakkt Opens Long-Awaited Bitcoin Warehouse For Deposit and Withdrawal

Bakkt has finally announced the launch of its long-awaited for the withdrawal and deposit of Bitcoin, Bakkt had said in its announcement that its potential clients are customers who are looking to deposit and withdraw Bitcoin. First physical Bitcoin Futures In a tweet, the company mentioned that they are making arrangements for the introduction of … Continue reading Bakkt Opens Long-Awaited Bitcoin Warehouse For Deposit and Withdrawal