A Bitcoin mining center in Norway’s Hadsel municipality has closed due to continued protests over noise levels caused by the center, which led a quarter increase in electricity bills for local residents. The 80 GWh or roughly about 3,200 households’ annually used electricity usage facility had become a thorn in the side of the local […]
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The more the Internet grows, the more the idea of what it really means for anyone to be able to interact and transact on the web grows. Then came blockchain technology, and with it, this new generation of decentralized applications called dApps that brought the vision of a decentralized web-what is termed Web3-into startling reality. […]
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Spot Bitcoin exchange-traded funds in the United States recorded a 13-fold increase in net inflows on September 17, while spot Ether ETFs continued to suffer outflows for the second consecutive day. Data from SoSoValue showed the 12 spot Bitcoin ETFs net inflows of $186.76 million, a staggering 1360% increase from the prior day’s $12.9 mln. […]
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The general feeling is that the cryptocurrency market is gearing up for another bull run, and investors are looking at potential assets that could give exponential returns. Among these, Bitbot has emerged as a strong contender, and analysts believe it might reach 50x gains this year. Let’s dive deeper into why Bitbot was termed the […]
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Recently, Ethereum co-founder Vitalik Buterin wrote on the evolving landscape of Layer-1 and Layer-2 relationships, while introducing the new Ethereum Improvement Proposal of ERC-7683. And so, with the advances being accomplished in the Ethereum ecosystem, understanding what one gives up at what layer and what new standards like ERC-7683 could achieve becomes crucial to developers, […]
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Ether (ETH) once again broke past the $2,600 threshold to start the week as the second-largest cryptocurrency by market capitalization recovers after the positive spate of events over the weekend, reasserting interest in Ethereum and its ecosystem. Overview of the Market The weekend rally puts Ether in a good place following the asset’s period of […]
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Klaytn is a blockchain developed by Ground X, a subsidiary of Kakao-a South Korean internet giant. Within this interest, this has grown to become one of the closely watched cryptocurrencies in the market. The attention to creating a friendlier setting around blockchain-based applications is what actually sets it up as an interesting project and with […]
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The latest wave of blockchain technology within the last couple of years has just brought about a new economic order that has come to be referred to as the token economy. Primarily, what constitutes the idea of a token economy in the first instance is symptomatic of tectonic changes occurring at the very core of […]
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The overall value of all cryptocurrencies is slightly lower, now at $2.03 trillion, which is a decrease of 0.21% in the past day.Bitcoin, the biggest cryptocurrency by value, is not changing much and is currently priced at about $58,000 in the morning of Tuesday. Other smaller cryptocurrencies are also down a bit, making the market […]
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The cryptocurrency market is once again abuzz with new inflammatory comments from Donald Trump about cryptocurrencies. In the ad for World Liberty Financial, he claimed to be “all for crypto” since it would be only fair to say that the regular banks were obsolete. He now has a number of investors intrigued enough to learn […]
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