Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set to occur on March 10, is estimated to
As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last few weeks and is currently coasting
What is a seed phrase, and why is it important?A seed phrase is your last resort when it comes to accessing the keys to your crypto. Should you ever get locked out of or lose your crypto wallet, your seed phrase can get you back in.But, lose the seed phrase, and the crypto is gone, so
Introduction Blockchain technology, which is an underlying technology of cryptocurrencies has disrupted many sectors including healthcare, law, media and entertainment but its impact on the finance and banking system is just unavoidable. Cryptocurrency, which was originally developed as a medium of exchange, had rather been preferably used as an asset class. But finally the time …
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Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relying on digital currency and distributed ledger technology will be “much more convenient.” Russia’s Head of State Urges for Blockchain-Powered International Payments President of Russia Vladimir
Introduction The decentralized finance (DeFi) sector is still young and going through a maturing process. Nonetheless, it has made a considerable impact on the economy. DeFi has altered the state of the conventional financial system and contributed to more extraordinary innovations in banking. This industry has skillfully adapted to current environments, fostered innovation, and embraced …
As Blockchain.com looks to build on a decade of innovation within both crypto and the business, we’ve strengthened our leadership team. The business has scaled 5x over the past two years across nearly every division, function and activity. I’m excited to welcome our new leaders and recognize the outstanding work of promoted leaders as we
The markets may have pulled back, but we’re still building.Historically speaking, bear markets have proven to be the most productive periods for our product team. This time is no different, and we have lots in store for you.Here are some highlights of what we delivered in June 2022.Claim your free .blockchain domainWe partnered with Unstoppable Domains to introduce…
Introduction Ever have that day where you just don’t feel like working? The kind of day where you would rather stay at home and watch Netflix than go out into the world and earn a living? You could call it laziness, or maybe even just complacency. But in reality, there is an underlying need to …
Introduction When you make an application for a loan in a bank, the assessment is very rigorous. At times, the lender digs back trying to understand personal spending habits before approving or declining loans. It is time to say goodbye to this invasive process by considering crypto Loans. This post goes deeper into crypto lending …
A major tech-focused e-commerce platform, Newegg, has announced that SHIB is coming soon to its platform. Newegg currently accepts cryptocurrencies via Bitpay. The crypto payment service provider is expected to add SHIB support soon, according to AMC Theatres CEO Adam Aron who said his company will start accepting SHIB for payments in the first quarter.…
Japanese Ministry of Finance is hiring more staff to develop stricter global rules for digital currencies, particularly fiat-pegged stablecoins. Japan is strengthening its efforts to regulate digital currencies on a global scale, with related government authorities reportedly looking to expand staff to impose stricter rules.Japanese regulators have expressed fresh concerns over the massive growth of…
Introduction Your online merchant services team can set up an online store and shopping cart to take credit card transactions while online. Part of the order form you’ll produce will include a spot for a CVV number. The CVV or Card Verification Value is the most essential number on a credit card. While the actual …
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Crypto adoption keeps spreading among the real estate industry in Europe, specifically in Spain. Recently, a leading agency in the Canary Islands announced it would start accepting cryptocurrency payments. Firm Praises Bitcoin’s Decentralized Nature According to Digital Sevilla, Piso Barato Inmobiliaria, a Tenerife-based real estate firm, has enabled the feature that allows customers to acquire…
This week the firm Microstrategy held an event called “Bitcoin for Corporations” which looks at concepts like macro strategy, corporate playbooks, and legal considerations toward bitcoin. Prior to the event, Microstrategy CEO and bitcoin bull, Michael Saylor, said “professionals from more than 1,400 firms” would join the event. At the conference, Saylor was bullish on…
The San Francisco-based cryptocurrency exchange Coinbase recently announced the company plans to do a direct listing, as opposed to following the initial public offering (IPO) route. The decision means that Coinbase can float its shares on an exchange without hiring a financial institution to underwrite the settlements. Coinbase to Skip IPO Process, Shoots for a…
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