Litecoin (LTC) Hashrate Reaches New All-Time High In anticipation of its forthcoming halving event, Litecoin has experienced bullish trends in 2023. Now, the digital asset’s hashrate has skyrocketed to a new peak, making the bull case even stronger. LTC hashrate has reached a…
Solana’s Cardinal Protocol Ceases Operations Solana’s Cardinal protocol, known for introducing “conditional ownership” in non-fungible tokens (NFTs), has announced that it will be ceasing its operations due to poor economic conditions. The protocol had successfully secured $4.4 million in funding to enhance the…
Change the Code Rails Against Wall Street Incumbents Change The Code, a campaign backed by Greenpeace and EWG, is calling out Wall Street companies for their support of Bitcoin activities. It criticizes financial incumbents such as Fidelity, Blackrock, Vanguard, JPMorgan, Goldman Sachs, and…
Still Some Green on Small Timeframes Despite recent selling pressure, Bitcoin has managed to stay above $30,400, providing an opportunity for bulls to fight back. The current price of Bitcoin is $30,458 with sideways movement in the last 24 hours. While other cryptocurrencies…
Attorneys representing investors who are accusing Elon Musk and Tesla of defrauding them are trying to remove Musk’s legal counsel due to a leaked letter. The plaintiffs’ lawyer, Evan Spencer, filed a motion to disqualify the legal representatives of Musk and Tesla after…
Mastercard’s Multi-Token Network (MTN): A Breakdown of Key Points Mastercard is launching the MTN product to focus on digital assets and blockchain technologies. The MTN aims to make transactions within the digital asset and blockchain ecosystems secure, scalable, and interoperable. The product has…
Prominent crypto wallet service provider Ledger has launched a new trading and settlement network technology called Tradelink. Tradelink is designed for asset managers, custodians, and exchanges/OTC with off-exchange trading capabilities. The product aims to eliminate unnecessary complexities and boost operational speed. Tradelink enables…
Deal Reached to Finalize EU Reforms of Banking Rules Addressing Crypto Risks Representatives of the European Parliament, the Council, and the Commission have reached a provisional agreement to amend EU regulations on capital requirements for banks. The changes aim to make EU banks…
Lawmakers in Slovakia Vote to Lower Crypto Tax Rates In a recent vote, lawmakers in Slovakia have approved legislation to regulate and tax cryptocurrency income at a lower rate. Here are the key points: Crypto income on assets held for at least a…