Cryptocurrency Analysis and News Portal
While users might still be able to adapt some gaming consoles for mining cryptocurrency, evidence suggests that recent reports of a modified PlayStation 5 mining Ether (ETH) are fake.According to a report from news outlet GizChina, Chinese software developer Yifan Gu mined Ether using a PlayStation 5. The report claimed that
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Prominent crypto influencer Lark Davis, or “The Crypto Lark,” has warned that Ethereum’s competitors will continue to syphon away users should Eth2 fail to launch soon amid ever-increasing gas fees.Despite predicting five-figure Ether prices in 2021, Davis’ Feb. 19 video, Davis asserts Ethereum’s skyrocketing fees has meant that only “rich
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Decentralized finance has shown the 1% that the masses do not have to remain subjugated to the wills of the financial ruling class. Global citizens do not have to yield to a financial system that benefits a privileged few; rather, they can utilize tools for financial freedom. With this ethos
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Imagine the following scenario: Sometime in 2021, financial regulators declare that all stablecoin owners must be verified. What would happen to the cryptocurrency ecosystem?Right now, a large chunk of stablecoin usage is pseudonymous. That is, you or I can hold $20,000 worth of tether or USD coin stablecoins in an
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A new tie-up with payments firm Klarna brings the exchange access to more than 5,000 banks across Europe. Source
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Coinbase will take a 25% commission on all the rewards received by their customers.According to a press release by Coinbase, the crypto exchange firm has announced that its waitlist for staking Ethereum 2.0 has now been launched. This means that users of the platform can now sign up to stake
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In brief:According to Timothy Peterson, large Bitcoin holders could push BTC to higher levelsA 10% increment in large holders (1k+ BTC) could increase Bitcoin’s value by 200%An increment of 500 of such large users would send Bitcoin to $140kWith Tesla buying Bitcoin worth $1.5 Billion, BTC reaching $140k is a
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The Central Bank of Nigeria has banned banks from servicing crypto exchanges in the country in a move that echoes actions taken by its Indian counterpart back in 2018. Reactions to the news among the political class have been divided among ethnic and geopolitical lines, with the more progressive elements
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The 1inch.exchange protocol, a platform that aggregates decentralized exchanges and provides its own automated market maker, is airdropping a new stash of its 1INCH tokens.The airdrop follows the initial generation of the new tokens on Christmas, which were distributed to past users of the aggregator. A common point of contention
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To better understand user behavior and sentiment regarding transactions and privacy on the blockchain, Manta Network ran a survey in December 2020 studying user trust regarding privacy on the blockchain, as well as centralized and decentralized exchanges. The 2021 Privacy & Trust on Cryptocurrency Exchanges report examines the drivers behind user
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