Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching 219.68 exahash per second (EH/s). The new record follows the previous all-time high (ATH) on […]
Russians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional regulations, including the […]
The Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks, the monetary authority announced. The tests are part of an experiment carried out together with the Bank for […]
Thomas Templeton, Block’s hardware head, notified the Twittersphere of the deliberations taking place at Block regarding the development of a completely permissionless open-source mining solution. Block, the Jack Dorsey-led payments company formerly known as Square, […]
Key Takeaways Cryptocurrency exchange Bitfinex has announced the imminent suspension of its services to customers in Ontario. The exchange instructed its Ontario-based customers to withdraw their funds by March 1. While it is unclear why […]
Key Takeaways The Ethereum 2.0 deposit contract currently contains 9,008,082 ETH, or about $30.2 billion. This deposit contract allows users to transfer funds from Ethereum mainnet to Beacon Chain, a parallel Proof-of-Stake network. Ethereum is […]
Key Takeaways Secret Network is soaring. SCRT is up 32% today, currently trading at $8.70. The network is hosting Quentin Tarantino’s Pulp Fiction NFT drop, set to commence on Jan. 17. Secret Network has received […]
Reports emerged indicating that the Chinese officials are keeping a close eye on cryptocurrency activities and are applying innovative strategies to tackle virtual currency money laundering. “An Important Breakthrough” According to the Chinese state-owned broadcaster, […]
Source: AdobeStock / Gorodenkoff Copyright issues, exploitation, no royalties. These are but a few challenges that musicians all over the world face when it comes to the production and distribution of their music. With […]
Tesla now accepts dogecoin for some merchandise on its website. CEO Elon Musk delivered on the promise he made in December that his electric car company will accept DOGE. Meanwhile, Tesla still has not resumed […]
© Copyright 2024 TheCryptoMagic.com
