Bitcoin Runes, a new protocol introduced by Casey Rodarmor, builds on the existing Ordinals protocol to allow for the creation of tokens directly on the Bitcoin blockchain. Presenting a simpler alternative to traditional token standards like BRC-20 and SRC-20, Runes…
Charles Hoskinson and Gala Games Launch Voyager Ascension on GalaChain
The world of blockchain gaming is abuzz with excitement as Charles Hoskinson, the renowned founder of Cardano, recently surprised the crypto community with the announcement of his “first game.” Teaming up with Gala Games, a prominent blockchain gaming platform, Hoskinson’s…
Exploring 24/7 Stock Trading: NYSE’s Response to the Crypto Market
The New York Stock Exchange (NYSE) is currently exploring a significant change that has the potential to reshape the world of stock trading. The idea under consideration is the introduction of round-the-clock trading, a departure from the traditional operating hours.…
El Salvador’s Chivo Wallet Hit by Cyber Attacks and Data Leak
In a recent turn of events, El Salvador’s state-operated Bitcoin wallet, Chivo, has become embroiled in a series of cyber attacks, exposing sensitive information and raising concerns about the security of the platform. This article delves into the unfolding saga…
Tether Takes Action to Freeze Sanctioned Payments Amid Allegations of USDT Use by Venezuela Oil Company PDVSA
In a recent development, Tether, the issuer of the popular stablecoin USDT, has made a significant announcement regarding its commitment to blocking payments made to entities sanctioned by the Office of Foreign Assets Control (OFAC). The decision comes in the…
FTX Plans Solana Token Auction with Industry Giants Ready to Bid
The bankruptcy estate of the failed FTX cryptocurrency exchange has announced plans to auction off an undisclosed amount of Solana (SOL) tokens this week. This auction, conducted through a “blind auction” process, is expected to attract significant attention from potential…
Hong Kong Approves Six Crypto Based Spot ETFs Set to Begin Trading April 30
Hong Kong has taken a significant step in embracing the world of cryptocurrencies by officially approving six crypto-based spot Exchange-Traded Funds (ETFs) to commence trading on April 30, according to analysts at Bloomberg. This move marks a positive development for…
Biden Proposes Tax That Could End US Bitcoin Mining Sector
The United States’ stance on cryptocurrency regulations, particularly concerning Bitcoin mining, has raised significant concerns within the industry. Despite the approval of Bitcoin exchange-traded funds (ETFs), the federal government’s aggressive approach to cryptocurrency regulations threatens to hinder the growth of…
US DOJ Recommends 36 Month Sentence and $50 Million Fine for Former Binance CEO Changpeng Zhao
The US Department of Justice (DOJ) has stirred controversy by recommending a 36-month prison sentence and a hefty $50 million fine for Changpeng Zhao, the former CEO of Binance. Zhao’s legal team has responded, arguing that such a severe punishment…
Bitcoin Transaction Fees See Swings from $128 to $24 Post-Halving and Runes Protocol Impact
In recent developments within the Bitcoin network, transaction fees have witnessed a notable surge and subsequent decline following the network’s fourth halving event. This article delves into the details of these fluctuations, shedding light on the average transaction fees, the…