Block, a financial services and technology company owned by former Twitter CEO Jack Dorsey has announced it has completed the prototype design of its new five-nanometre (5nm) Bitcoin (BTC) mining chip — which it claims is key to decentralizing the supply of Bitcoin mining rigs. According to a blog post […]

Shytoshi Kusama, the pseudonymous leader of the Shiba Inu (SHIB) project, has explained why he has been pretty quiet recently. Shiba Inu, a decentralized cryptocurrency initiative, is inspired by the viral Shiba Inu dog meme. Positioned as a Dogecoin alternative, it operates on the Ethereum blockchain. The Shiba Inu (SHIB) […]

The price of Solana (SOL) is bearish as it crosses above the moving average lines. Solana price long-term forecast: bearish Solana has been moving mostly sideways since January 14. The upper resistance of $26 has proven too strong for buyers to overcome. The altcoin is now trading at its previous […]

Federal agents have arrested Charles Riley Constant, an owner of digital currency ATMs under the Coindawg name. At the time of writing, he has been charged with money laundering, and he’s been accused of stealing COVID pandemic-based loans and converting them to BTC and other forms of crypto to hide […]

This week, cryptocurrencies are struggling to recover from the previous decline, but selling pressure is still present at higher levels. Altcoins RNDR, INJ, EGLD, CRO, and CSPR are among the best performing cryptocurrencies. However, RNDR stands out because it broke through previous resistance. I will examine each of these cryptocurrencies. […]

Bitcoin has shown the world just how resilient it can be. Not long ago, the Federal Reserve decided to raise interest rates by another 0.25 basis points. Under normal circumstances, the price of bitcoin would fall, and this time around was no exception as the world’s number one digital currency […]

On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s enforcement actions were in direct contrast to […]

Global financial services giant Mastercard has launched a new Web3 solution aimed at enhancing user verification standards and “reducing the opportunities for bad actors” in the digital asset space. The solution is dubbed the “Mastercard Crypto Credential” and its launch was announced on April 29. In an accompanying explainer video […]

Solana recorded a couple of huge wins this week alongside the Helium migration to start the second quarter on high. NFTs on Solana remain a major driving force as daily transactions reach an all-time high, pushing its sales volume to 14% of the market share. The price of SOL has […]

Bank regulators in the United States have turned from introspection to confession after the high-profile bank failures in March. The New York Department of Financial Services (NYDFS) published its internal review of Signature Bank supervision on April 28, the same day the U.S. Federal Reserve Board released its review of […]