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Jack Dorsey’s payment company Block Inc. reported $1.83 billion of Bitcoin (BTC) revenue from its Cash App business unit in the fourth quarter, representing a 7% fall from the same time last year.In its Q4 and full-year results announced on Feb. 23, Block attributed the fall in Bitcoin revenue to the
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last few
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The two companies have commissioned artist Michael Kozlowski, commonly known as Mpkoz, to release a collection for this partnership. Titled Metropolis, the body of work features generative art NFTs based on architectural influences from London, Berlin, New York, Mexico City and Los Angeles – five cities where Bright Moments galleries
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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The percentage of Ethereum blocks complying with orders set by the United States Office of Foreign Asset Control (OFAC) has now fallen to 47% — the lowest level since Oct. 11. The latest milestone in reversing censorship comes nearly three months after the percentage of OFAC-compliant blocks peaked at 79% on
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Cryptocurrency exchange Binance has been silently shutting down multiple accounts on the platform in relation to the Bitzlato investigation, according to several users.On Jan. 18, a group of Russian-speaking Binance clients complained about blocked accounts and not being able to withdraw their funds from the exchange. The affected users created
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Place/Date: Tel Aviv, Israel - January 10th, 2023 at 7:52 pm UTC · 4 min read Source: Building Blocks Photo: Building BlocksBuilding Blocks 23, a web3 builder-focused event, will be hosted in central Tel Aviv on February 7, 2023. Hosted by top
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Following the claim period, the collection quickly shot to the top of the leaderboard on secondary marketplace OpenSea. As of Tuesday afternoon, the collection had the highest 24-hour trading volume on OpenSea at 996 ETH (over $1.3 million) and amassed a total trading volume of 7,437 ETH (about $9.9 million).
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As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash per second (EH/s) toward the Bitcoin blockchain in order to secure the network and reap mining rewards. Statistics indicate that the mining pool Foundry USA discovered the most block rewards this
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