Bitcoin’s Total Network Hashrate Hits an All-Time High at 321 Exahash per sekund

According to statistics on October 5, the total computational power backing the Bitcoin network tapped a fresh all-time high reaching 321.15 exahash per sekund (EH/s). Just after the record high, the networks total hashrate was coasting along above the 300 EH/s......

Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Biljon

A recently published forecast stemming from the Federal Reserve Bank of Clevelands Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day Americas gross national debt......

Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets

A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the worlds largest financial institutions are exposed to roughly €9.4 miljard (US$9 billion) in crypto assets. The research paper authored by the Basel Committees secretariat Renzo Corrias further......

Spanish Soccer League Laliga Partners With Globant to Support New Web3 and Metaverse Initiatives

Laliga, the premier soccer league organization in Spain, has announced a partnership with Globant, an Argentine software giant, to bring Web3 and metaverse experiences to its fans. The partnership will combine Globants tech resources with Laligas tech division in order to......

US Lawmakers Introduce Bill Allowing Crypto Investments in 401(k) Retirement Plans

Several U.S. lawmakers have introduced the Retirement Savings Modernization Act to provide 401(k) retirement savers access to a wide range of investments, including crypto assets. “With inflation at record highs, a stock market downturn, and a potential recession on the horizon,......

Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Miljarder in 83 dagar

Just over two months or approximately 83 dagar sedan, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market......

Bitcoin Network’s Mining Difficulty Drops for the First Time in 2 månader

Following four consecutive Bitcoin mining difficulty increases, the networks difficulty dropped for the first time in 68 dagar, sliding 2.14% på blockhöjd 756,000 på tisdag. The change means its currently 2.14% easier to find a bitcoin block reward following the......