Approaching the Bitcoin halving, top Bitcoin mining CEOs voice confidence in their business outlook. According to a Bernstein report, these executives are skillfully managing present market conditions, backed by robust financial standings and forward-thinking strategies. Strategic Moves Boost Miner Confidence Based on Bernstein’s research study, Bitcoin (BTC) miners have not done well in relation to … Read more
Nuklai, a Layer 1 blockchain platform that boosts data environments for artificial intelligence progress, will soon hold a Token Generation Event (TGE) and unveil several exchange listings for its native currency, $NAI. An Initial DEX Offering (IDO) occurred between April 15th and 16th on notable platforms such as ChainGPT Pad, Ape Terminal, and WePad. Demand … Read more
According to Glassnode’s analysis, the growing popularity of staking platforms could influence Ethereum‘s function as a monetary asset in the future. As of April 13, the introduction of EigenLayer and LRT staking mechanisms boosted Ethereum’s portion of staked coins to approximately a quarter of the total supply, amounting to around 31.4 million ETH. Analysts noted … Read more
Railgun, a privacy protocol, refutes allegations that it has been used by North Korean hackers or authorized individuals as suggested by the FBI in the past. In January 2023, the FBI made a declaration that kick-started the claims, implicating North Korea’s Lazarus group in laundering approximately $60 million worth of Ethereum using Railgun. The funds … Read more
The highly anticipated “Bitcoin Halving” within the cryptocurrency world saw a significant surge in interest and search volume on Google. Every four years or so, the reward for mining Bitcoins gets cut in half – this event is called a Bitcoin halving. The initial halving happened back in 2012, and we’re just three days away … Read more