Bitcoin mining difficulty soars to record high as adoption grows.
Bitcoin mining difficulty on Thursday has hit a new high of 28.59 T surging 4.13% on the entire Bitcoin network. According to BTC.com, the bitcoin mining difficulty has increased after facing two consecutive declines in bitcoin mining. It depicts Bitcoin mining hitting a critical inflection point as the adoption of Bitcoin rises. After reaching a […]
Meta to Launch Its Own Crypto Exchange Platform
Meta, the parent company of Facebook has announced its plans to launch a crypto exchange platform. The Meta logo has been trademarked for crypto tokens, blockchain software, virtual currency exchanges, amongst others. The trademark numbers were given on Twitter by trademark lawyer Mike Kondoudis, who specializes in NFT and metaverse trademarks. He also mentioned that […]
Bee Network Introduces Two New Features to Platform
Bee Network, a Decentralized Autonomous Organization (DAO), recently launched two new features. The first is a dApp browser, while the second allows users to connect their Bee Wallet to third-party services like OpenSea. The Network is a one-of-a-kind blockchain that allows users to earn incentives with its native token, Bee. Users can use the GamiFi […]
India Approves Finance Bill Of 30% Crypto Tax
The new crypto tax policy approved by India is based on its gambling and lottery ticket win tax rules. The Indian Finance Bill 2022, which includes new 30% crypto tax laws, was approved by Rajya Sabha, the upper house of the Indian parliament, today, and will take effect on April 1. The law is approved […]
Blockchain.com’s Value Rises To $14 Billion After New Round Of Fund
The valuation of Blockchain.com has been raised to a whopping $14 billion after securing an undisclosed amount in funding. Blockchain.com, a cryptocurrency exchange, and financial services company, has reportedly obtained new capital valued at $14 billion. According to Bloomberg , Lightspeed Ventures, a worldwide venture capital firm, and Baillie Gifford & Co., an investment management […]