Bitcoin mining difficulty surged by 9.32 percent in the early hours of January 21, 2022, to hit a new all-time high of 26.64 trillion. Observers have attributed the increase to the resumption of mining operations in North America and other regions by Chinese miners who left China during last year’s...

The Grayscale Bitcoin Trust (GBTC) stock has expanded its discount against the underlying cryptocurrency held in the fund. As a result, on Wednesday, the stock reached a record level of 26.5%. The Outcomes of the Discount Following the discount, investors in the GBTC are exposed to more significant losses. Many...

Sneakmart, a France-based startup recently announced the launch of Metakicks, a collection of NFT sneakers in mystery boxes for sneaker addicts. A First of Its Kind in the Industry The hype surrounding non-fungible tokens (NFTs) continues to flourish despite the tumultuous crypto markets in recent times. Accordingly, French startup Sneakmart...

Adidas and Prada are roping in Zach Lieberman, the world-renowned American digital artist, for the Adidas for Prada re-source collection in their third collaboration. The Community-Driven Prada Re-source Collection In an announcement on January 21, the Adidas for Prada re-source collection will be powered by NFTs on Polygon and feature...

TimechainSwap, a decentralized exchange (DEX) aggregator across the leading smart contract platforms such as Binance Smart Chain, Ethereum, and Fantom today announced the launch of yield farming and liquidity protocols on the platform. Farming and Liquidity Pools Live on TimechainSwap Timechain, a DEX aggregator and permissionless lending and borrowing protocol...

Enjin, the leading ecosystem for non-fungible tokens (NFTs), today announced its newest adopter, MotoBloq, and an NFT car marketplace that will adopt Efinity. MotoBloq Joins the Enjin and Efinity Ecosystem MotoBloq, an innovative open marketplace for all digital vehicle collectibles, today joined the Enjin and Efinity ecosystem. Notably, MotoBloq allows...

Union Bank of the Philippines has partnered with Metaco and IBM for its digital assets custody operations. The partnership will enable UnionBank to leverage Metaco’s digital asset orchestration system, METACO Harmonize, and IBM Cloud to offer its customers secure digital asset custodial services, according to reports on January 20, 2022....

Iran’s central bank is reportedly looking to begin the pilot phase of its proposed central bank digital currency (CBDC) project.  Iran's CBDC Pilot to Happen Soon According to the Iranian Labour News Agency, Mehran Moharamian, the vice governor for IT affairs at the Central Bank of Iran, believes that CBDCs...

The total crypto market cap erased $508 billion from its value for the last seven days and now stands at $1,53 billion. The top 10 coins were all in red for the same time period with Solana (SOL) and Polkadot (DOT) being the worst performers with 42 and 40 percent of...

The total crypto market cap added $102 billion to its value for the last seven days and now stands at $2,03 billion. The top 10 coins were all in green for the same time period with Cardano (ADA) and Binance Coin (BNB) leading the pack with 30 and 9.1 percent of...

Ethereum, the second-largest crypto asset by market capitalization, has shown mixed signals in the first half of January 2022. The ETH price has mainly been range-bound between $3,100 and $3,300 since the turn of the year, frustrating most investors who thrive on market volatility. ETH Price Drops Back Below $3,200...

There has been a marked drop in Ethereum-related activities on various crypto exchanges in the last week. On Monday, November the 20th, on-chain data from leading blockchain data and intelligence provider, Glassnode, indicated that the seven-day moving average of Ethereum (ETH) withdrawals from exchanges such as Coinbase and Kraken, had...