2022 has not been that easy for the Bitcoin mining industry. The BTC mining companies have endured a lot of storms in the past year. The industry has seen surges in interest rates that had apparently raised the cost of capital. Following this, Bitcoin mining became less profitable as the …
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USDC Popularity Increase: Stablecoin Rises With High Transaction Volume
Glassnode, a popular blockchain analytics company has recently reported that the daily transaction volume of USD Coin (USDC) has increased heavily. It mentioned that the transaction volume has increased four to five times as compared to its primary rival, Tether (USDT). In addition to this, the stablecoin USDC popularity increase …
Read More »Binance Loses Money Worth $12 Billion After FTX Mishap
It is not more than just two months that the FTX, one of the top cryptocurrency exchanges, has gone through collapse after filing Chapter 11. This took a toll on the entire cryptocurrency market. Following this, the latest crypto news states that Binance loses money worth $12 billion. Although back …
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