In A Nutshell Hedera Hashgraph (HBAR) experienced a volatile week marked by a significant price surge followed by a continuous decline. Initially, excitement around a now-deleted announcement involving Blackrock led to a remarkable price increase. However, this was quickly tempered by subsequent clarifications, leading to a return to pre-surge price levels. Analysis indicates a decrease…
In A Nutshell A solo Bitcoin miner dramatically won the 3.125 BTC reward by solving block 841,286. This rare event underscores the diminishing chances of solo mining success amidst the network’s increasing hash rate and competition. The miner’s success story, occurring after the recent Bitcoin halving, which reduced block rewards to 3.125 BTC, sheds light…
In A Nutshell In an unexpected development within the stablecoin sector, Visa’s on-chain analytics reveal that Circle’s USD Coin (USDC) has surpassed Tether’s USDT in terms of transaction count. As of April 2024, USDC recorded 166.6 million transactions, edging past USDT’s 163.6 million. This shift marks a significant milestone, given Tether’s dominance as the largest…
In A Nutshell The cryptocurrency sector is on a remarkable trajectory, with projections indicating the potential to reach one billion users by the end of 2025, as per Bitcoin analyst Willy Woo. This prediction rests on an extensive analysis aggregating numerous prior studies, offering a comprehensive view into the future of crypto adoption. Meanwhile, a…
In A Nutshell Tether, the entity behind the world’s leading stablecoin USDT, has made a significant strategic investment of $200 million in Blackrock Neurotech through its new division, Tether Evo. This move not only marks Tether’s venture into the neurotechnology field but also positions it as a majority stakeholder in a pioneer company dedicated to…
In A Nutshell The Omnity protocol introduces a groundbreaking integration for trading Rune tokens without the burden of gas or transaction fees. This advancement leverages the Internet Computer Protocol’s chain fusion technology, enabling seamless interactions with the Bitcoin network and beyond. This move not only simplifies trading but also addresses scalability concerns by avoiding congestion…
In A Nutshell The latest episode of the Decentralize with Cointelegraph podcast unveiled an insightful exploration into decentralized physical infrastructure networks (DePINs), showcasing their potential to weave the power of blockchain into the fabric of everyday life. From contributing to environmental monitoring through noise pollution sensors to transforming the hospitality industry with robo-cafes, DePINs are…
In A Nutshell Blockchain rollups are innovative scalability solutions designed to enhance the efficiency of blockchain networks. By processing and bundling multiple transactions off-chain before finalizing them on the main blockchain, rollups effectively reduce congestion and lower transaction costs—all while preserving the security and integrity of the network. This technology, encompassing Zero-knowledge (ZK) rollups and…
In A Nutshell Lido Finance, the leading liquid staking platform on Ethereum, recently announced a significant milestone, achieving one million validators on its platform. This achievement underscores Lido’s dominant position in the DeFi (Decentralized Finance) ecosystem, controlling 28.5% of all staked Ether. The development marks a pivotal moment for the Ethereum blockchain and the wider…
In A Nutshell The political landscape in Japan is currently facing a critical juncture that could significantly impact the future of Web3 and cryptocurrency policies in the country. Prime Minister Fumio Kishida, known for his progressive stance on Web3 as a cornerstone for a new form of capitalism, is under threat due to impending party…