Bitcoin nose dive as political tensions escalate in the Middle East
    14 Apr 2024
    55 Views

    Bitcoin price plummeted over 8.4% on April 13 after Iran launched an attack on Israel, escalating  geopolitical conflicts in the Middle East. The cryptocurrency price dropped from around $67,000 to $61,625, wiping out over $130 million in market capitalization within minutes following the attack. The sell-off is also affecting other cryptocurrencies. At the time of writing,…

    Ethereum’s Pectra upgrade to make normal wallets ‘smart’ and improve UX
    13 Apr 2024
    58 Views

    Ethereum’s Pectra upgrade, slated for late 2024 or early 2025, is bringing with it a host of more functionality for crypto wallets and upgrades to their user experience (UX). Ethereum Improvement Proposal (EIP) 3074 was approved for inclusion in the next update, which allows normal crypto wallets to work like smart contracts. One of EIP-3074’s functions gives standard externally owned accounts (EOAs), normal…

    US gov’t among states with largest Bitcoin holdings — Arkham
    13 Apr 2024
    57 Views

    The United States government is one of the biggest cryptocurrency holders alongside other global states like the United Kingdom and Germany, according to data from Arkham. Arkham, a crypto intelligence platform focused on deanonymizing entities on the blockchain network, has introduced a dashboard featuring the governments with the largest crypto holdings. Announcing the news on…

    China has a Trojan Horse in US Bitcoin mining infrastructure
    13 Apr 2024
    58 Views

    Cryptocurrencies are rapidly becoming a critical piece of the United States economy and financial system. The value of Bitcoin has surged thanks to exchange-traded funds (ETFs) bringing access to a huge swath of new consumers. This is generally good news. However, the rise of Bitcoin also brings with it the need for increased regulatory guardrails, similar to other…

    Ubisoft teases new blockchain game at Paris Blockchain Week
    12 Apr 2024
    48 Views

    AAA game studio Ubisoft is edging closer to releasing its first blockchain-based game after releasing the first gameplay trailer for Champion Tactics Grimoria during Paris Blockchain Week. The tactical player-vs-player role-playing game’s lead developers gave Cointelegraph an exclusive playthrough at the conference. The RPG allows players to craft blockchain-based figurines with unique features and characteristics…

    Solana memecoin frenzy raises questions about crypto utility, reputation
    12 Apr 2024
    175 Views

    The Solana blockchain is currently outperforming rivals Ethereum, Avalanche and BNB Chain in terms of network activity, growth and adoption — all thanks to the memecoin frenzy that has taken crypto markets by storm. Over the past month, the Solana blockchain has seen the launch of thousands of new memecoins with billions of dollars in…