Ancient Bitcoin Block Rewards See Decrease in Spending After Record Activity in 2020 and 2021 3 min read 2009 Ancient Bitcoin Block Rewards See Decrease in Spending After Record Activity in 2020 and 2021 In 2021, a number of 2010 block rewards were spent after the bitcoins sat idle for more...Read More
Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper 5 min read Altcoins Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper admin August 20, 2022 This week, the stablecoin issuer Tether Holdings Limited revealed an update to its assurance and attestation process...Read More
Bitcoin’s Hashrate Dips, Mining Difficulty Expected to Decrease for First Time Since July 2 min read Block time Bitcoin’s Hashrate Dips, Mining Difficulty Expected to Decrease for First Time Since July admin November 27, 2021 Bitcoin’s hashrate has been volatile in recent times following the same patterns as the crypto asset’s price....Read More
Report: Tweaks to South African Tax Filing System to Result in Decreased Crypto Arbitrage 2 min read crypto arbitrage Report: Tweaks to South African Tax Filing System to Result in Decreased Crypto Arbitrage admin July 17, 2021 Reports from South Africa suggest that tax authorities have plugged a loophole on the online tax filing...Read More
Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs 3 min read Amesbury Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs admin February 1, 2023 The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide...Read More
Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020 3 min read 2020 Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020 admin January 23, 2023 After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player...Read More
Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count 3 min read Arbitrum Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count admin January 16, 2023 Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two...Read More
Polygon Announces Upcoming Hard Fork to Address Gas Spikes and Chain Reorganizations 3 min read All time high Polygon Announces Upcoming Hard Fork to Address Gas Spikes and Chain Reorganizations admin January 15, 2023 The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023....Read More
Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China 4 min read 2021 Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China admin January 11, 2023 A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency...Read More
US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year 3 min read ATM US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year admin January 6, 2023 The number of ATMs supporting digital currencies has fallen around the world over the course of a...Read More
NFT Sales Continue to Decline, With ETH-Based NFTs Seeing a 20% Drop in the Past Week 3 min read 2022 NFT Sales Continue to Decline, With ETH-Based NFTs Seeing a 20% Drop in the Past Week admin January 1, 2023 Non-fungible token (NFT) sales over the last seven days are ending the year 13.97% lower than the...Read More
While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher 3 min read Bitcoin While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher admin December 18, 2022 Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction...Read More