Cryptocurrency Analysis and News Portal
"Due to volatility in the crypto market generally, together with the substantial number of illiquid investments held by the company, it is presently uncertain what level of recoveries will be made during the course of the liquidation," Teneo wrote, according to the report. Source
Read More
India is now home to an estimated 115 million cryptocurrency investors despite a historically negative attitude toward the sector from the government, according to new data.The latest gauge on the number of users in India comes from cryptocurrency exchange KuCoin, which released the findings of its ‘Into The Cryptoverse India
Read More
While Bitcoin’s hashrate has remained above the 200 exahash per second (EH/s) mark, over the last two weeks the network’s mining difficulty has been at an all-time high (ATH) at 31.25 trillion. However, after 289 blocks are mined or roughly two days from now, Bitcoin’s mining difficulty is estimated to
Read More
“CryptoPunks are the original PFP series that created the template for other NFT projects that have followed, and which helped propel NFTs to the global stage as one of the most recognizable visual styles that have become synonymous with the digital art movement,” said Michael Bouhanna, Sotheby’s co-head of digital
Read More
Voyager Digital’s estimated revenue for the quarter ended Dec. 31, 2021, was $165 million, more than double the $81.5 million figure of the previous quarter.The total revenue for the calendar year 2021 is estimated to be $415 million, the crypto exchange announced on Wednesday.Additionally, Voyager’s net new deposits for the
Read More
Cryptocurrency exchange AscendEX suffered a hack for an estimated $77 million following a breach of one its hot wallets.On Sunday, AscendEX announced via Twitter that it had identified a number of unauthorized transactions from one of its hot wallets on Saturday.Assets not affected have been transferred to cold wallets while
Read More
A tweet from security analysis firm Peckshield first called attention to the alleged hack Saturday night. One of Bitmart’s addresses currently shows steady outflows of entire token balances, some worth tens of millions of dollars, to an address currently labeled by Etherscan as the “Bitmart Hacker” Original Source
Read More
A new study from the New York Digital Investment Group (NYDIG) has projected that Bitcoin’s energy consumption will remain below 0.5% of the global total over the next decade.NYDIG published its 'Bitcoin Net Zero' research paper this month, finding that Bitcoin’s energy consumption and carbon emissions will not skyrocket in
Read More
In the countdown to the Shelley mainnet launch at the end of this month, Cardano has released details of its staking reward system. The amount of staking reward is determined by several factors, such as the number of staking pools in operation, the saturation of a delegated pool, and block production
Read More
A new fund has been set up with the aim of preventing the EU falling behind nations like the U.S. and China on blockchain and AI innovation. Source
Read More