Bitcoin’s mining difficulty achieved a record high of 86.4 trillion amid upcoming halving in April. Data gathered by btc.com showed that Bitcoin’s (BTC) mining difficulty achieved a record high of 86.4 trillion as companies generated massive amounts of computing capacity before the much-anticipated halving event later this month. Mining difficulty refers to the computer-generated power needed to...
Circle will allow the direct conversion of BlackRock’s tokenized fund shares into its USDC stablecoin. According to Cricle’s announcement, a new smart contract feature will enable BlackRock USD Institutional Digital Liquidity Fund (BUIDL) investors to instantly convert their shares to Circle’s USDC stablecoin. The smart contract is designed to offer a “near-instant” off-ramping option for BUIDL, making...
TON Foundation distributed 300,000 Toncoin to active meme coin traders. The Open Network project airdropped Toncoins (TON) worth around $2.19 million to the most active meme coin traders on DeDust and Ston.fi platforms. Meme coin traders who made transactions on DeDust and Ston.fi between March 4 and April 10 were eligible for the airdrop. Users also had...
Coinbase International Exchange announced the launch of perpetual futures trading for a Pepe meme coin. Pepe (PEPE) futures trading on Coinbase International and Coinbase Advanced platform will be available from April 18. “Coinbase International Exchange will list PEPE perps on Coinbase International and Coinbase Advanced and commence trading on or after 9:30 a.m. UTC on April 18.” Coinbase announcement Amid the...
dYdX is facing a chain halt amid a scheduled upgrade, marking its first major outage since the launch of its fourth version. Cosmos-based dYdX Chain stopped producing blocks on Apr. 8 shortly after the network underwent a scheduled upgrade to its fourth version. According to the project’s status page, the issue “continues to be investigated,” adding that it’s been...
Robinhood’s cold storage address has emerged as the third-largest single Bitcoin wallet, boasting ownership of 0.69% of the total BTC supply. Public fintech broker Robinhood turned out to be the owner of the third largest single Bitcoin wallet, holding over $9.5 billion worth of the crypto, Coinbase director Conor Grogan said in an X post, citing data from Arkham...
Ripple Labs CEO Brad Garlinghouse believes that spot Bitcoin ETFs will drive cryptocurrency demand and interest. According to CNBC, Garlinghouse also said the upcoming halving will have a positive impact on the crypto industry. Demand for crypto assets continues to increase while supply continues to decrease, encouraging higher values and further development, the Ripple Labs CEO admitted. “That...
1inch Network, in collaboration with crypto card developer Baanx and payment giant Mastercard, announced the launch of the 1inch Card. The new web3 debit card aims to simplify the use of cryptocurrencies for everyday transactions. “The 1inch Card will allow users to use their crypto for online and in-person purchases and make cash withdrawals at supported ATMs through seamless...
Nigerian authorities arraigned Binance executive Tigran Gambaryan before an Abuja High Court on April 8, where the employee denied allegations and applied for bail. The senior Binance U.S. executive pleaded not guilty to money laundering charges before a Nigerian Federal High Court in the country’s capital as the government began its case against the cryptocurrency exchange. Gambaryan’s...
The TON Society has partnered with AI company HumanCode to implement an identity verification mechanism. According to today’s TON Society post, 1 million TON, valued at nearly $5.9 million, has been allocated for the initiative as an incentive for completing verification. The funds will be distributed among TON Society members, who will confirm their identity using...
