Most of the crypto community has been focused on the developments in China and more specifically, the crackdowns against bitcoin miners in Inner Mongolia, Xinjiang, Qinghai, Yunnan, and Sichuan. On Wednesday morning (EST), Bitcoin’s overall hashrate has continued to drop and is now below the 100 exahash per second (EH/s) region. During the last 24…
U.S. Senator Cynthia Lummis said that she is “really excited” about the low price of bitcoin, and is planning to buy the dip. “As soon as it drops a little more I’m going to buy some more,” she said. The senator believes bitcoin is a great store of value. Pro-Bitcoin US Senator Cynthia Lummis Plans…
[lwptoc] Let’s read more in today’s bitcoin news about Cardano‘s founder’s prediction that Ethereum would quickly overtake Bitcoin as the dominant and number one cryptocurrency. Charles Hoskinson discussed cryptocurrency and why he believes Ethereum will soon replace Bitcoin. He began by discussing the speed of BTC transactions, emphasizing the network’s sluggish nature and how slow…
Upland has just hit a major milestone in their platform, and for the NFT landscape as a whole. Being one of the world’s fastest growing digital metaverses, Upland’s users have recently minted the millionth NFT property on the platform. Not long after being featured on CBS/Paramount Plus’ 60 Minutes+, Upland, the property trading metaverse, has…
Visa Inc. and Paypal have invested in Blockchain Capital’s new fund. The venture capital firm focuses exclusively on the crypto ecosystem and blockchain technology. Blockchain Capital Raises $300M for Its New Fund Blockchain Capital announced Tuesday that it has raised $300 million for its 5th venture capital fund (Fund V). Paypal and Visa were among…
Israel’s central bank is said to have completed a secret pilot for a central bank digital currency (CBDC) based on Ethereum’s technology. Globes, an Israeli financial news site, published the assertion, which was then confirmed by BNN Bloomberg. The Bank of Israel (BOI) allegedly completed its pilot in an experimental, closed environment based on Ethereum’s…
