Bitcoin hashrate plunges 13% after Kazakhstan encounters political unrest
Central-Asian country Kazakhstan became an attractive region for Bitcoin miners after China’s ban on crypto mining. Accounting for more than 18% of Bitcoin’s total hashrate last year, the country… ]…
Bitrue unveils new crypto staking service ‘Yield Farming Hub’
Singapore-based crypto exchange Bitrue announced Monday that it has launched its new cryptocurrency staking service called Yield Farming Hub. Bitrue’s new #YieldFarming hub is coming January… ] Go to Source…
Binance.US to create metaverse office on Solana chain
Binance.US, the US subsidiary of the world’s largest crypto exchange Binance, is looking to open an office in metaverse, crypto media outlet Coindesk reported Monday. The exchange will use Portals,…
Ethereum L2 Arbitrum reports downtime after network hits bug
Popular Ethereum layer 2 blockchain protocol Arbitrum reported on Sunday that a bug in its system resulted in a network outage of about seven hours. At press time, the network…
LCX reports nearly $8M in losses after hot wallet compromise
LCX, a cryptocurrency exchange based in Liechtenstein, has suffered a hack of nearly $8 million after reporting unauthorized access to one of its hot wallets on January 9. Revealing the…
PayPal to explore launching USD-backed stablecoin, confirms report
US-based payments giant PayPal has confirmed reports that it is actively exploring the launch of its USD-backed stablecoin. The news came as the company looks to grow its business in…
Alchemy Pay Adds Direct Fiat On-ramps via Partnership With Singapore Fintech, NIUM
NIUM serves clients in 190+ countries via 11 licenses including in the United Kingdom, EU, USA, Singapore, Hong Kong, and Australia Alchemy Pay now supports Algorand’s $ALGO token for payments…
Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols
On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance… ]…
New Publisher Will Help Indie Developers Make Profitable Games on the Blockchain
GM Frens announced today the launch of its Web3 publishing services and accelerator program for indie game developers. Tweet this GM Frens will offer support with game design and tokenomics,…
Avalanche, Polygon See Slight Gains as Crypto Markets Remain Flat
Major cryptocurrencies held support levels after last week’s drop to post slight gains on Monday morning after a largely flat weekend. Bitcoin (BTC) held on to its $41,000 support level…