Category Archives: Blockchain

Bitcoin miner Canaan unveils mining rigs designed as home heaters at CES 2025

Bitcoin miner Canaan unveils mining rigs designed as home heaters at CES 2025

At CES 2025, Bitcoin mining hardware manufacturer Canaan introduced innovative mining rigs that double as home heaters, showcasing the Avalon Mini 3 and Avalon Nano 3S. These rigs are designed to make cryptocurrency mining more accessible while providing an environmentally friendly way to generate heat for homes. Canaan’s announcement on January 8 highlighted its commitment […]

South Korea’s Lotte Group to utilize Arbitrum blockchain for its metaverse

South Korea’s Lotte Group to utilize Arbitrum blockchain for its metaverse

South Korea’s Lotte Group has chosen the Arbitrum blockchain to enhance its AI-driven metaverse platform, Lotte Caliverse. The integration, announced during CES 2025, aims to leverage Arbitrum’s Ethereum Layer 2 network for its superior performance in virtual environments and gaming. Arbitrum’s 250ms block times make it an ideal platform for the immersive, high-quality experiences that […]

Binance Futures launches SONIC perpetual contracts, offering up to 75x leverage

Binance Futures launches SONIC perpetual contracts, offering up to 75x leverage

Binance Futures has launched the SONICUSDT perpetual contracts on January 8, 2025, providing traders with the opportunity to trade SONIC tokens with up to 75x leverage. These contracts, settled every four hours in USDT, offer a significant level of flexibility for traders looking to engage in the SONIC market. The funding rate for these contracts […]

Digital Bitcoin miner GoMining expands to Solana

Digital Bitcoin miner GoMining expands to Solana

GoMining, a platform that allows users to participate in the Bitcoin mining ecosystem through tokenized hashrate ownership, has announced its expansion to the Solana blockchain. This marks a significant step for GoMining as it broadens its services to a new blockchain, providing users with more options for earning Bitcoin rewards. The GoMining platform operates by […]

Here’s why Bitcoin, Ethereum, XRP, and other altcoins crashed

Here’s why Bitcoin, Ethereum, XRP, and other altcoins crashed

Cryptocurrency markets experienced a significant downturn on Tuesday, as concerns about the bond market and rising bond yields triggered a broader risk-off sentiment. This retreat erased some of the gains made on Monday, with Bitcoin, Ethereum, Ripple, and Solana all experiencing sharp declines of over 4-5%. Bitcoin saw a 4% drop, reaching an intraday low […]

Over $200 million liquidated in an hour as BTC drops below $100k

Over $200m liquidated in an hour as BTC drops below $100k

On January 7, 2025, the cryptocurrency market witnessed a significant wave of liquidations, triggered by Bitcoin’s unexpected drop below $100,000. In a short period, approximately $206 million in crypto positions were liquidated, causing widespread chaos across major digital assets. Bitcoin’s price fell to a low of $97,207, marking a 4% decline that sent shockwaves through […]

TRX price remains steady as Tron outperforms Ethereum on a key metric

TRX price remains steady as Tron outperforms Ethereum on a key metric

The price of Tron (TRX) remained stable on January 2, 2025, despite the continued strong performance of the Tron network, which has been outperforming Ethereum (ETH) in key metrics. At the time of writing, TRX was trading at $0.2691, which is slightly higher than its December low of $0.2237, reflecting a resilient price movement amid […]

Binance Futures launches perpetual contracts for COOKIE, ALCH, and SWARMS, offering up to 75x leverage

Binance Futures launches perpetual contracts for COOKIE, ALCH, and SWARMS, offering up to 75x leverage

Binance Futures is preparing to introduce three new USD-margin perpetual contracts for the tokens COOKIE, ALCH, and SWARMS. These contracts will provide traders with the opportunity to leverage up to 75x, opening up high-risk, high-reward trading strategies. These contracts are based on the projects associated with Cookie DAO (COOKIE), Alchemist AI (ALCH), and Swarms (SWARMS), […]

Solayer Labs Announces InfiniSVM Blockchain in 2025 Roadmap

Solayer Labs Announces InfiniSVM Blockchain in 2025 Roadmap

Solayer Labs has unveiled its 2025 roadmap for the InfiniSVM blockchain, a hardware-accelerated solution designed to significantly enhance blockchain scalability and performance. The blockchain will be based on a Shared Virtual Memory (SVM) architecture, which will allow the platform to efficiently process high-throughput and low-latency decentralized applications (dApps) by distributing workloads across specialized hardware accelerators […]