Uniswap fee reward mechanism proposal boosts its earnings above Bitcoin

Uniswap has outpaced Bitcoin in fees paid by crypto traders for over a week, with the DEX surpassing Bitcoin on Feb. 14 According to data from Cryptofees, Uniswap raked in around $1.9 million in fees on Feb. 25, surpassing Bitcoin’s $1.2 million on the same day. This trend has persisted since mid-month, with Uniswap pulling […]

Ethereum and Bitcoin futures open interest near record highs in notional value

Quick Take The total amount of funds allocated in open futures contracts or “futures open interest” is nearing an all-time high for Ethereum and Bitcoin in terms of notional value. Ethereum’s open interest currently stands at $10.5 billion, aligning with it crossing the significant price threshold of $3,000. This is particularly noteworthy as its current […]

BitForex Website Suspends Operations after $57M in Sudden Withdrawals

Coinspeaker BitForex Website Suspends Operations after $57M in Sudden Withdrawals Some shady and suspicious activity seems to be taking place at Hong Kong crypto exchange BitForex, as its website went dark following a $57 million in withdrawals from its hot wallets that took place last week, on February 23. According to blockchain investigator ZachXBT, the […]

The Catalyst That Could ‘Standardize’ Bitcoin

Today in my series called “things people following Bitcoin for the last 13 years have already figured out but I’m presenting as a brand new epiphany”, I wanted to write about a revelation about Bitcoin’s adoption, standardization, and normalization I had this past week. While thinking about what it would take for Bitcoin to receive […]

Aethir Unveils Its First Decentralized AI Node Sale

Singapore, Singapore, February 26th, 2024, Chainwire Aethir, a leader in decentralized GPU cloud infrastructure, has announced its highly anticipated Node Sale. Aethir is an enterprise-grade, AI and Gaming-focused GPU-as-a-service provider. Aethir’s decentralized cloud computing infrastructure enables GPU providers to connect with enterprise clients who need the raw power of NVIDIA’s H100 chips for sophisticated AI/ML […]

Meme Coin Communities Gear Up for the CoinMarketCap Crypto Awards

Dubai, UAE, February 26th, 2024, Chainwire CoinMarketCap’s Crypto Awards 2024, the first edition of a new annual event, is captivating the global crypto community. This is especially true for the Meme Coin Of The Year category, where voting has become a battleground for the most passionate and vibrant communities in the crypto space. Fans of […]

Sui Recognized as 2024 Blockchain Solution of the Year at AIBC Eurasia Awards

Dubai, UAE, February 26th, 2024, Chainwire The Layer-1 Received the Top Honor at the Eurasia Awards While Experiencing a Period of Unprecedented Growth and Recognition Sui, the layer 1 blockchain that has experienced explosive growth since its mainnet launch in 2023, has emerged as the winner at the Eurasia Awards held during the second edition […]