Category Archives: Blockchain

Russia has announced a major shift in its approach to cryptocurrency mining, with plans to ban mining operations in certain regions, including the territories of Ukraine that are under Russian control, as well as parts of Siberia and the North Caucasus. This decision was made in response to growing concerns about energy shortages and the […]

Phantom, a popular non-custodial cryptocurrency wallet built for decentralized finance (DeFi) and non-fungible tokens (NFTs) on the Solana blockchain, has made a significant move to enhance the security of its platform by acquiring Blowfish, a leading web3 security platform. The acquisition, which was officially disclosed on November 19, 2024, is part of Phantom’s broader efforts […]

Coinbase has announced that it will halt trading of Wrapped Bitcoin (WBTC) across all its platforms, including Coinbase.com and Coinbase Prime, starting December 19, 2024. This decision follows a routine asset review, with WBTC’s order books being moved to limit-only mode. Despite the delisting, users will still be able to withdraw WBTC from the exchange, […]

Hamster Kombat, a viral Telegram-based “tap-to-earn” network, is currently experiencing significant challenges as its user base shrinks and its token, HMSTR, remains deeply entrenched in a bear market. The network’s growth, which once garnered significant attention, seems to have plateaued, with the price of its native token having fallen dramatically from its all-time high. Although […]

The United Nations is taking a significant step towards integrating blockchain technology into its operations by launching an expanded blockchain academy aimed at upskilling over 24,000 staff members worldwide. This initiative, which was unveiled on November 19, is a collaboration between the United Nations Development Programme (UNDP) and the Algorand Foundation. The academy, initially launched […]

Crypto.com has officially expanded its operations in Latin America by launching its highly anticipated Visa card program. This move brings the popular cryptocurrency-linked rewards card to a region that is witnessing an increasing appetite for digital assets and blockchain technology. As part of this expansion, Crypto.com is offering the Visa card to Latin American users, […]

Shiba Inu (SHIB) is showing strong signs of a potential bullish breakout as a combination of factors push its price higher. On November 19, 2024, SHIB’s price stood at $0.000026, a notable rise from its previous low of $0.0000246. This price movement reflects a 142% rebound from its August lows. A significant catalyst for this […]

Marathon Digital Holdings, a prominent player in the Bitcoin mining industry, has recently decided to upsized its convertible note offering to $850 million, up from the initial $700 million. This strategic move highlights the company’s ongoing commitment to expanding its Bitcoin holdings, a crucial part of its business model. The company plans to use the […]

Metaplanet, a publicly listed Japanese firm, has significantly increased its Bitcoin holdings, now surpassing 1,100 BTC. On November 19, 2024, the company revealed that it had acquired an additional 124.117 Bitcoin, valued at approximately 1.75 billion yen, or $11.33 million, as part of its ongoing strategy to diversify its reserve assets by investing in Bitcoin. […]

Bitcoin, the world’s largest cryptocurrency, is projected to reach $200,000 by the end of 2025, according to Bernstein Research. This price target has been revised upwards from the previous estimate of $150,000 in 2024. The forecast comes amid a backdrop of several significant factors that are expected to drive Bitcoin’s price growth, including the 2024 […]