The Bitcoin Hash Rate Hit a Record Peak, and the Next Halving is Scheduled for 2023

Kavon Hyatt | September 13, 2022 | Leave a comment

The next half of Bitcoin’s block reward has been brought ahead in time because the Bitcoin hash rate just set an all-time high. On September 11th, the hash rate of the Bitcoin network achieved a raw value of 281.79...

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Binance, Huobi, And BTCEX To Implement 1.2% Tax Burn For LUNC

Kavon Hyatt | September 10, 2022 | Leave a comment

Following Binance accepting to prop the 1.2% tax burn yearned for by the LUNC community, Huobi and BTCEX have also shown interest in joining the party. For the past two months, LUNC burn has been the trending topic within...

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Binance Coin Records $1 Billion Trading Volume Within 24 Hours

Kavon Hyatt | September 10, 2022 | Leave a comment

BNB continues to hold its position in the top five ranking cryptocurrencies on CoinMarketCap. The coin maintained stability despite the bear phase and increased FUD incited by the current market condition. It continues receiving support from investors and custodians...

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White House May Soon Impose Limitation On Mining Crypto

Kavon Hyatt | September 9, 2022 | Leave a comment

A report from the White House reveals a suggestion to place barriers on mining crypto. The US seeks to direct miners to use clean energy in place of greenhouse gases when mining. Because this measure will aid mitigate gas...

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Sony Music Signs Up For NFT-certified Music Trademark

Kavon Hyatt | September 8, 2022 | Leave a comment

NFTs continue making the rounds in the space as one of the leading music companies in the business sees its potential. Sony, an American entertainment company, announced it is applying for the NFT trademark. The branding will overlay artists,...

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Kyber Network Neutralizes Hack Attack, Indemnifies Victimized Wallets

Kavon Hyatt | September 7, 2022 | Leave a comment

Kyber Network, a decentralized bourse platform, suffered a hack from an unidentified source last week. The team at Kyber was able to eliminate the threat in two hours. The wallet that got hacked during the hit got reimbursed.  Kyber...

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Brazil Bars Bybit From Securities Brokerage

Kavon Hyatt | September 6, 2022 | Leave a comment

Singaporean digital asset exchange firm, Bybit, has been asked to shut down its operations involving the sales of securities as a middleman in Brazil by the Securities and Exchange Commission. The CVM made this announcement on Monday in its...

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United Kingdom Authorities Instruct Exchanges To Report Crypto Warrant Violation

Kavon Hyatt | September 5, 2022 | Leave a comment

A new set of principles were released by the United Kingdom authorities demanding that all crypto firms within its domain must expose trespassers of crypto warrants noticed on their platforms. This would guarantee that no business organization or person...

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NFT’s On ETH POW Stake Will Not Be Supported – OpenSea

Kavon Hyatt | September 3, 2022 | Leave a comment

The date for the Ethereum upgrade is near, and gradually the events seem to be coming to reality with ongoing preparations from different ends. The September scheduled consensus protocol will be happening a few days from now.  The project...

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Celsius Network Plans to Pay Back 22% of Customer Assets

Kavon Hyatt | September 2, 2022 | Leave a comment

The troubled crypto lender has revealed in its bankruptcy filing in a New York court that it will return some of its customers’ funds. Celsius Network told the court that it is working on paying back 22% of funds...

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