As the decentralized finance (DeFi) landscape continues to expand, innovative platforms like AlgoSwap are revolutionizing how digital assets are exchanged. Developed by Hypotenuse Labs and supported by the Algorand Foundation, AlgoSwap is a work-in-progress protocol that encapsulates the ethos of DeFi by providing a secure and user-friendly decentralized exchange (DEX) on the Algorand blockchain. Introduction … Continue reading What is AlgoSwap?
Bitdeer has announced the successful testing of its latest innovation—the SEAL01 Bitcoin mining chip. Utilizing advanced 4-nanometer process technology, this chip marks a substantial leap forward in mining efficiency and sustainability. The SEAL01 chip was developed by Bitdeer (NASDAQ: BTDR), a company renowned for its contributions to blockchain and high-performance computing. In the quest to … Continue reading Bitdeer Launches Innovative 4nm SEAL01 Bitcoin Mining Chip
A dormant Bitcoin ‘whale’ (a term used for holders of large amounts of cryptocurrency) reemerged after 14 years, transferring all 1,000 of their BTC to the popular exchange platform Coinbase. The transaction, valued at approximately $67.1 million and executed at a price of $67,116 per Bitcoin, occurred roughly 20 hours ago and is said to … Continue reading Bitcoin Market Shaken as Dormant Whale Moves $67M Worth of BTC after 14 Years
Gaming, voting, donating, and more…there are so many uses of blockchain and we’re really just scratching the surface of what’s possible with things like NFTs, secure currencies, and more creative uses of the tech. Blockchain and Cryptocurrency have been rapid in their growth, but some people still don’t know all the different ways that this … Continue reading The Creative Uses of Crypto and Blockchain Many People Haven't Heard Of
The cryptocurrency industry has witnessed exponential growth over the past few years, with various sectors flourishing, including the pivotal sector of Bitcoin mining. Among the companies pioneering this space, Compass Mining has established itself as a critical service provider, offering solutions that democratize access to Bitcoin mining operations. This article delves into Compass Mining’s business … Continue reading What is Compass Mining?
A group of 85 economists has openly supported the Honduran government’s decision to withdraw from the International Centre for Settlement of Investment Disputes (ICSID), an arbitration body of the World Bank. This backing comes against the backdrop of a contentious battle with Próspera Inc., a firm specialized in creating cryptocurrency-powered islands, which has lodged a … Continue reading Honduran Withdrawal from ICSID Backed by Economists Amidst Crypto Firm Dispute
In a recent request for public comments on Nasdaq’s application for a rule change to permit the trading of iShares Ethereum Trust, the SEC specifically inquired about unique concerns related to ether’s proof of stake consensus mechanism and concentration of control or influence. Consensys responded to these concerns by explaining that Ethereum’s PoS model incorporates … Continue reading Consensys Urges SEC to Recognize Ethereum's Advanced Safeguards in Comment Letter on ETH ETF Approval