Topic
BitcoinBeginnerBitfarms announced a strategic expansion into Pennsylvania. The company plans to establish a new mining facility in Sharon, Pennsylvania, with an initial capacity of 12 megawatts (MW) of power. This facility has the potential to be scaled up to 120 MW by 2025, significantly boosting Bitfarms’…
#crypto#mining
GeneralBeginnerMike Novogratz, CEO of Galaxy Digital, a crypto investment firm, has sparked debate within the industry by calling memecoins a “cornerstone” of the cryptocurrency market. Memecoins, like Dogecoin and Shiba Inu, are digital currencies often inspired by internet jokes or memes. Their value can be…
#crypto#memecoin
GeneralBeginnerThe UwU Lend faces a fresh blow as attackers exploit a vulnerability yet again, stealing $3.5 million during the ongoing $20 million reimbursement process. Just days after a significant hack for nearly $20 million on June 10th, on-chain data analysis firm Cyvers alerted UwU Lend about a new…
#crypto#defi#hackers
GeneralBeginnerMoonPay, a prominent player in crypto payment solutions, announced integration with PayPal as a new fiat on-ramp for their platform. This means residents across the UK and most EU member states will soon be able to use their trusted PayPal accounts to buy cryptocurrencies directly on MoonPay. The…
#crypto#european#paypal
PolygonBeginnerPolygon, a prominent scaling platform for Ethereum, unveiled a whopping $720 million Community Treasury dedicated to funding blockchain projects over the next decade. This initiative targets developers working within both the Polygon and Ethereum ecosystems. The substantial $720 million fund will…
#crypto#tokens
GeneralBeginnerThe Australian government has implemented a ban on using cryptocurrency and credit cards for online gambling platforms in a move to curb potential financial problems for gamblers. On June 11, The Canberra Times reported that Australia started banning the usage of digital currency and credit cards…
#australia#ban#crypto
EthereumBeginnerThe U.S. Securities and Exchange Commission (SEC) is evaluating a spot Ether ETF application submitted by asset manager ProShares. This development comes roughly three weeks after the SEC greenlit eight similar proposals for Ether-linked ETFs. The filing made public on June 10th, reveals that the…
#crypto#sec
OptimismBeginnerThe Ethereum layer-2 scaling solution, Base, is experiencing a meteoric rise. Just days after surpassing Optimism’s OP Mainnet to become the leader within the Superchain ecosystem, Base’s total value locked (TVL) has now skyrocketed to $8 billion. This impressive achievement is fueled by a…
#coinbase#crypto#layer-2
EthereumBeginnerAnalysts at research and brokerage firm Bernstein believe the recent approval of spot Ether ETFs by the U.S. Securities and Exchange Commission (SEC) likely wasn’t a politically motivated last-minute decision. Their reasoning centers on a more pragmatic approach by the SEC, aiming to avoid…
#crypto#etfs#sec
GeneralBeginnerGoogle searches for “onchain” have skyrocketed to never-before-seen levels, according to Google Trends data. This term, once considered tech jargon, is now experiencing widespread interest. For the past five years, searches for “onchain” hovered below 25 on a scale of 100, with a brief spike in…
#coinbase#crypto#google
GeneralBeginnerCryptocurrency exchange platform OKX is setting foot in the Netherlands, offering Dutch citizens a new avenue to enter the crypto market. This expansion brings both a dedicated crypto exchange and a digital wallet to the Dutch landscape. The OKX exchange will allow users to participate in spot…
#crypto#okx#wallets
