In just over a week, the upcoming Bitcoin halving will occur, an event that significantly affects the economy centered around this cryptocurrency. Miners of Bitcoin stand to be affected by this development as their profits may decrease and the overall viability of Bitcoin mining could be put to the test. Furthermore, the survival of Layer … Read more
On April 11, 2024, marks the release of the initial Bitcoin software (version 0.1) by an anonymous individual or group, or an entity known as Satoshi Nakamoto, on SourceForge. This event also initiated the creation of the first block in the Blockchain network, referred to as the genesis block. The creator of Bitcoin, identified as … Read more
Aelf, a blockchain startup, announced the establishment of a $50 million fund for its ecosystem. The primary focus of this investment is to encourage the combination of artificial intelligence (AI) technology with blockchain solutions. Aelf, a blockchain company based in Singapore, is embarking on a substantial new project worth millions of dollars. The aim is … Read more
Approximately 160 million Australian dollars ($104 million) were lost by hundreds of Australian investors after the bankruptcy of three cryptocurrency mining firms: NGS Crypto Pty Ltd, NGS Digital Pty Ltd, and NGS Group Ltd. These companies, referred to as “NGS companies,” have collectively faced liquidation. On April 12, it was disclosed that the Australian Securities … Read more
The open interest and price of Bitcoin Cash have experienced a significant decrease since its halving, erasing any short-term surge in excitement prior to the April 4th event. According to CoinGlass’s data, the open interest for Bitcoin Cash was $378.3 million as of April 12. This represents a significant decrease of approximately 47% compared to … Read more