Ethereum’s median transaction fees drop to the lowest level in six months by 73% in a month or down to $14.17 from the $53.04 as we are reading furhter in today’s latest Ethereum news. The infamous transaction fees in the ETH ecosystem underwent a decremental phase at the start of January to the record of […]
The years since the launch of the first cryptocurrency appear to have broken down the mistrust of many skeptics. Given its sustained growth over the years, cynics no longer see the market as a digital casino. Cryptocurrencies like Ethereum (ETH) continue to be appealing investment choices globally. Although they experienced a steep crash during the …
A BTC hash rate explodes to new highs of 248.11 EH/s jumping by 31.69% in one day further ensuring resilience against the attacks on the network so let’s read furhter in today’s latest Bitcoin news. The Bitcoin network recorded a new hash rate high as of today and it furhter secured the decentralized ecosystem through […]
Argo and block are among the first buyers of Intel’s new blockchain accelerators, only days after Nvidia decided to launch a new blockchain accelerator so let’s read further today in our latest blockchain news. Intel decided to enter the blockchain race after competitor Nvidia released a graphic card for ETH miners in February 2021. Intel […]
Earlier this week, the world’s largest cryptocurrency Bitcoin (BTC) made a brief move above $45,000. However, ever since the Federal Reserve announced the inflation numbers on Thursday, it has been moving sideways. Bitcoin has corrected over 7% from its weekly highs and is currently trading at $42,268 with a market cap of $801 billion. However,
The U.S Treasury Department might exclude crypto miners and stakers from a crucial rule going forward, reported Bloomberg. It has to do with the rule where brokers of virtual assets are required to provide information on their clients’ transactions to the Internal Revenue Service (IRS) under last year’s infrastructure bill. Congress had made way for […]
Governor Matolcsy of the Central Bank of Hungary has expressed support for the idea of a crypto ban in the EU. He noted in a statement, China declared all cryptocurrency activities illegal last September (…) I perfectly agree with the proposal and also support the senior EU financial regulator’s point that the EU should ban […]
Intel enters the crypto space by launching a blockchain accelerator program and it seems now that its efforts are mainly focused on improving GPUs and mining so let’s read furhter in today’s latest blockchain news. Raja Koduri who is the senior vice president of accelerated computing systems and graphics group at Intel noted that their […]