Bitcoin network fortifies as mining difficulty records ATH of 31.251T

Further distancing itself from any concerns of planned attacks on the blockchain, the Bitcoin (BTC) network established a new mining difficulty all-time high of 31.251 trillion — exceeding the 30-trillion mark for the first time in history. The creator of Bitcoin, Satoshi Nakamoto, warranted the security of the BTC network through a decentralized network of BTC miners who are tasked […]

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New York Mayor Eric Adams Wants to Toss the BitLicense

Eric Adams – the mayor of New York City – has suggested doing away with the dreaded BitLicense as a way of allowing New York to become more competitive in the crypto and blockchain worlds. Will New York Get Rid of the BitLicense? The BitLicense was first introduced in 2014. The document made things very hard for crypto companies seeking […]

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African Media Agency Establishes Crypto Partnership with Tech Next

Leading African PR firm African Media Agency is forming a partnership with Tech Next, a tech-based media enterprise that seeks to educate its readers on digital currency and blockchain trends. African Media Agency Will Help Crypto in Africa Get Bigger In addition, the partnership will provide visibility to Coinference 2022, which is set to occur in early October of this […]

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Breaking: Do Kwon proposes Terra revival, including token redistribution plan

Terraform Labs co-founder Do Kwon has tabled a proposal to preserve the Terra ecosystem following the historic depegging of its algorithmic stablecoin, UST, and the resulting death spiral that plunged Terra (LUNA) tokens to practically zero.  In a Friday post on Terra’s research forum, Kwon said, “The Terra community must reconstitute the chain to preserve the community and the developer […]

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Binance Will Create Crypto Learning Materials for Traders in India

Binance is looking to create several educational programs for crypto traders in India. The world’s largest and most popular crypto exchange by daily trading volume is producing three key educational initiatives and will provide access to several blockchain and crypto-based learning materials. Binance Is Creating Classes for Traders in India Leon Foong – head, APAC, Binance – explained in an […]

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RBI’s Informal Pressure Led to Suspension of Coinbase Trading Services in India: Brian Armstrong

Coinbase Co-founder and CEO Brian Armstrong has said that “informal pressure” from the banking sector regulator led to the halting of his company’s trading services in India just within three days of its launch. Speaking at the Q1 2022 earnings call with top Coinbase executives and financial sector analysts on May 10, Armstrong asserted that the company will re-launch in the Indian […]

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