Blockchain and cryptocurrency are highly cursed for their large carbon footprints. Environmental activists are up in arms against the new-age technologies, although not all blockchains are created equal when it comes to their detrimental impact on our ecology. Take, for instance, the WAX blockchain. It is created keeping in mind the critical component of the […]
Crypto exchange giants mulling India foray despite regulatory uncertainty
Kraken, Bitfinex and KuCoin could become the next major crypto exchanges to attempt to service India’s estimated 15 million crypto investors. Some of the biggest names in the crypto exchange business are reportedly eager to capture India’s cryptocurrency trading market, even as the government is yet to issue clear-cut regulatory policies. According to Reuters, sources […]
MicroStrategy nets $1.6 billion in junk bond offering to buy Bitcoin
The firm initially sought a $400-million bond offering. Software firm MicroStrategy has raised $1.6 billion in a junk bond offering — four times the initially sought amount. Earlier this week, the company announced it would issue $400 million worth of junk bonds in a private offering, with a view to using the proceeds to purchase Bitcoin (BTC). […]
Uganda Museum Collaborates With Software Development Firm to Create NFTs for Display on Binance Marketplace
One of Africa’s oldest museums, the Uganda National Museum (UNM), is set to create digital representations of the unique artifacts that are on display at this facility. Working in concert with software development firm Murcom, Uganda’s biggest museum is expected to display and auction the digitally represented items on Binance’s non-fungible token (NFT) marketplace. Uganda […]
Phemex to Introduce Bitcoin to Its Earn Crypto Product
Coinspeaker Phemex to Introduce Bitcoin to Its Earn Crypto Product With the world becoming economically insecure rapidly, the cryptocurrency industry has found a global appeal. Touted as the next big wave of financial democratization, the digital asset realm, though a few years old, has captured the imagination of speculative investors, libertarians, and computer programming enthusiasts […]
Dfinity’s Dominic Williams Criticizes Ethereum and Polkadot Layer Two Solutions
Coinspeaker Dfinity’s Dominic Williams Criticizes Ethereum and Polkadot Layer Two Solutions Dominic Williams, the founder and Chief Scientist of Dfinity’s Internet Computer (ICP) protocol, in a recent move, criticizes Ethereum and Polkadot network’s fast-growing layer two solutions. According to a report by Cointelegraph, Dominic believes the broad ecosystem of layer two solutions on both decentralized […]
Nifty Labs by Coinsilium Group Limited’s Begins NFT on Bitcoin Marketplace Powered by RSK Development
Coinspeaker Nifty Labs by Coinsilium Group Limited’s Begins NFT on Bitcoin Marketplace Powered by RSK Development Coinsilium Group Limited is a crypto and open finance project building platform that develops and deploys blockchain-based products and services. It was the first blockchain company to go public in 2015. Using its experience and wide network, it has […]
Panama Is Preparing A Cryptocurrency Proposal
Following the news that El Salvador’s government is in the process of making Bitcoin legal tender, Panamanian congressman, Gabriel Silva, tweeted stating that Panama may be the next in line to adopt Bitcoin. “This is important. And Panama cannot be left behind. If we want to be a true technology and entrepreneurship hub, we have […]
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Bitcoin and Ethereum transaction fees sink 95% from all-time highs
Reduced network activity is resulting in lower fees for Bitcoin and Ethereum as both recede heavily from their all-time highs. The cost of using the Bitcoin and Ethereum blockchains is on the rapid decline, as evidenced by a 93%–95% reduction in average transaction fees over the past couple of months. Fees are paid to the miners […]