Latest Crypto News today about recent important events in Cryptocurrency
Bitcoin has now broken down past $38,000 for the first time in over four months. This is a crucial point for the digital asset given that it has successfully maintained its position above this level throughout all of the crashes and dips of the previous month. While most would like to think that this is […]
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Cryptocurrency prices keep chugging downhill. This week the bitcoin price dipped 2.3%. The price of ethereum is down 6.2%. Meanwhile, the BNB price sank 7.1%, cardano 4.2%, XRP 5.1%, and solana 6.8%. Many analysts are warning the crypto rout is far from over. As central banks turn off money taps in tandem, investors scramble to […]
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BLOCKCHAIN – PUZZLE getty Scalability has long been viewed as one of the biggest challenges facing mainstream blockchain adoption. Although the number of transactions a network can process varies greatly according to the underlying technology associated with Bitcoin, Ethereum and its myriad competitors, for years a viable industry-wide solution to the “scalability problem” was perceived […]
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Crypto.com announces multiple updates following a hack that resulted in millions in total losses, … [+] though the exchange said all affected individuals were reimbursed. (Photo illustration by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Crypto.com, one of the biggest and best known cryptocurrency exchanges in the world now backed by superstar actor […]
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Crypto energy usage can be lowered from its current enormous levels, House panel told getty The energy used in cryptocurrency transactions is enormous, but it needn’t be, a Congressional hearing today was told. “The energy required to validate just one Ethereum transaction could power a U.S. home for more than a week, the energy required […]
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Jaime Rogozinski founder WallStreet Bets Jaime Rogozinski If you recall, during the first months of 2021, traders from the Reddit forum r/wallstreetbets set off a trend in which retail traders bought so-called “dead stocks” including AMC and GME. In a coordinated move, this grassroots movement of almost 11 million became a worldwide phenomenon by crippling […]
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An outside view of the Bank of Russia in Moscow. On Thursday, the central bank proposed banning the … [+] mining, creation, and use of cryptocurrencies. (Photo by Gavriil GrigorovTASS via Getty Images) Gavriil Grigorov/TASS Russia’s central bank proposed banning the mining, creation, and use of cryptocurrencies, in a report released Thursday. The central bank […]
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A survey commissioned by UiPath found that 62% of executives at large U.S. companies are struggling … [+] with the current labor shortage. As a result, 78% of them are likely to invest or increase their investment in automation to manage through the impact of higher-than-normal turnover rates. getty When a new technology is developed, […]
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Mobile Payment Apps, Cryptocurrency Grow in Popularity An increasing number of consumers are using mobile payment apps and owning cryptocurrency. According to a new survey, adoption and usage of mobile payment apps are growing. Only 14% of respondents reported not having used a mobile payment app in the past year. PayPal was the most popular […]
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A white-hat hacker has returned 322 Ethereum (around $900,000) after an exploit drained Multichain users of more than $3 million worth of crypto this week. Up to $1.5 million worth of Ethereum is still at large, however. Multichain is a cross-chain router protocol that bridges users between thirty different blockchains, including Bitcoin, Ethereum, and Terra. […]
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