Tag: Cryptocurrency
Polymarket: Vital Source of Information, According to Buterin
Ethereum co-founder Vitalik Buterin recently highlighted the significance of platforms like Polymarket in providing valuable information through prediction markets. Buterin introduced the concept of "info finance," which involves designing markets to extract information from...
TRON DAO Gold Sponsor at Binance Blockchain Week Dubai
TRON DAO recently participated as a Gold Sponsor at the Binance Blockchain Week 2024 event in Dubai, showcasing its position as a prominent player in the digital payments sector. The event, which took place...
Bitcoin Mining Industry Sees 13% Production Increase in October
Bitcoin miners are not letting the increasing mining difficulty slow them down as they continue to increase their production levels. Despite the challenges posed by the rising difficulty, the top 11 Bitcoin mining companies...
Magic Labs Unveils Chain Unification Network ‘Newton’ for Polygon’s AggLayer
Magic Labs recently announced the unveiling of Newton, a chain unification network designed specifically for Polygon's AggLayer. This network will allow wallet solutions to seamlessly integrate with the AggLayer, which serves as a platform...
Tether Enters Oil Trade with $45M Middle Eastern Crude Deal.
Tether, the issuer of the USDT stablecoin, has made a significant move into the oil trade industry by financing a $45 million deal for 670,000 barrels of Middle East crude oil. This marks Tether's...
MakerDAO Community Votes to Proceed with Sky Rebrand Despite Centralization Concerns
The MakerDAO community has made a decision to move forward with the Sky rebrand despite concerns about centralization. In a recent vote, it was revealed that 79.3% of participants supported keeping the Sky brand...
Bitcoin Price Surge: Cardano Up 16%, Bitcoin to Hit $100K Post Fed Rate Cut
Cardano's ADA has seen a significant 16% surge in the past 24 hours, driven by overall market increases, renewed interest in decentralized finance, and a growing appeal to retail investors. This surge comes as...
Bitcoin Hits Record High Post-Election: Ether and Solana Surge Before FOMC
Bitcoin has reached a new all-time high, showing strong performance after Donald Trump's victory in the U.S. presidential election. The cryptocurrency is currently up 2.3% in the last 24 hours, trading at $76,600, driven...
October Dapps Revenue Surges to $164M: Adoption Growth Analysis
Decentralized applications (dApps) have seen a significant increase in revenue, reaching $164 million in October according to a report by Binance Research. This surge in revenue is a clear indicator of the growing adoption...
Exploring AI’s Potential in Response to Bitcoin Mining Slowdown
Galaxy Digital, a prominent Bitcoin mining firm, is exploring the potential of artificial intelligence (AI) to counteract losses in mining revenue and maximize future opportunities. The company recently announced a preliminary agreement with a...
