California’s Department of Motor Vehicles (DMV) has recently taken a huge step towards modernization by digitizing 42 million car titles through the innovative Avalanche (AVAX) network. This move is part of a broader effort to streamline the state’s title transfer process in collaboration with Oxhead Alpha, a software development firm. The implementation of a new
Bitcoin’s price took a hit recently as it broke down below the $64K support level, signaling a potential change in market sentiment. The double top pattern formed at the $68K resistance level led to a downward trend, with the price now testing the 200-day moving average. The critical juncture at $64K will determine whether the
Bitcoin (BTC) miners could experience a reduction in selling pressure in the near future due to a combination of factors that have led to an increase in their profitability and the recovery of their hashrate. Despite the recent rally of Bitcoin to the $69,000 range, the network’s hashrate has shown signs of recovery, with only
The recent uncovering of evidence by on-chain investigator ZachXBT has shed light on the involvement of convicted UK hacker Gurvinder Bhangu in the high-profile compromises of American actress Sydney Sweeney’s and ‘Breaking Bad’ actor Bob Odenkirk’s X accounts. These incidents resulted in over $530,000 being stolen through Solana meme coin scams, marking a significant breach
Opeyemi is not your average writer; he is an enthusiast in the exciting and unique realm of cryptocurrency. Despite the fact that the digital asset industry was not his initial focus, he has found himself deeply immersed in the space for over two years. Opeyemi takes pride in unraveling the complexities of blockchain technology and
Semilore Faleti is a prominent figure in the field of cryptocurrency writing, with a specialized focus on journalism and content creation. Over the years, he has proven his expertise in unraveling the complexities of blockchains and digital assets. His dedication to educating and informing his audience has set him apart as a trusted source in
The recent economic uncertainty in the United States has had a significant impact on the cryptocurrency market, with Bitcoin experiencing a tumultuous journey in the past few days. The digital asset saw its price plummet to $60,500, marking its lowest point in nearly three weeks. This sudden drop was accompanied by a similar downturn in
Bitfarms, a Toronto-based Bitcoin mining company, announced a remarkable increase in its operational hash rate by the end of July. The company reported a 109% year-over-year growth, reaching 11.1 EH/s. Additionally, there was a 7% rise in the hash rate from the previous month, with an average of 10.3 EH/s for July. Despite a slight
The question of who exactly Satoshi Nakamoto is has been a puzzle that has intrigued the crypto community for over a decade. Despite countless theories and speculation, the true identity of the creator of Bitcoin remains shrouded in mystery. While some have pointed fingers at prominent figures such as Elon Musk or Edward Snowden, others,
Futu Securities International, the largest online broker in Hong Kong, has recently ventured into retail cryptocurrency trading in the city-state. This move involves attractive incentives for investors, such as shares in Alibaba Group Holding and Nvidia. Residents of Hong Kong now have the opportunity to trade bitcoin and ether on the brokerage platform using either
MicroStrategy, the leading public Bitcoin holder, recently announced its intention to raise up to $2 billion by selling its class A shares. This move is part of the company’s strategy to acquire more Bitcoin and strengthen its position in the cryptocurrency market. The company made this announcement in a regulatory filing with the U.S. Securities
Cardano (ADA) is currently experiencing a surge in large transaction volume, similar to that of Ethereum. Data from the market intelligence platform IntoTheBlock reveals that Cardano recorded a significant transaction volume of $6.7 billion in the last 24 hours. This increase in transaction volume suggests that ADA whales have been actively accumulating tokens, especially during
Recent allegations have been made against cryptocurrency exchange Coinbase, suggesting that the company may have breached campaign finance laws. The accusations stem from a $25 million donation made by Coinbase to Fairshake, a crypto Super Political Action Committee (PAC). It has been claimed that this donation took place while the exchange was in negotiations for
The recent announcement by Bybit to end its operations in France due to regulatory issues has raised concerns within the crypto community. Bybit cited new regulatory developments from the French regulator as the reason behind this decision, hinting at potential licensing issues. This move has left many French crypto investors disappointed, as they will no