NFL star’s massive tax bill highlights problems with BTC salaries

NFL Star Odell Beckham Jr’s (OBJ) decision to take his $750,000 salary in Bitcoin appears to have cost him dearly due to the market crash after he signed the deal. Owing to... Read more »

Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits

After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price. This weekend, Bitcoin’s... Read more »

Fantom DeFi Users Aren’t Spooked by Rocky Market

Key Takeaways Fantom’s DeFi ecosystem has soared to new all-time highs in total value locked, trailing only Ethereum and Terra. The boom has been fueled in part by Andre Cronje and Daniele... Read more »

IMF urges El Salvador to remove Bitcoin’s status as legal tender

Members of the executive board at the International Monetary Fund are urging lawmakers in El Salvador to no longer recognize Bitcoin as legal tender. The IMF reported on Tuesday that though digital... Read more »

Enter Fantom’s “Curve Wars”: How Andre Cronje and Daniele Sesta are changing liquidity provision

In the past three weeks, two of the biggest names in DeFi – Andre Cronje and Daniele Sestagalli – have been hyping up crypto twitter on an upcoming collaboration project to be... Read more »

Crypto Ban Proposed by Bank of Russia Met With Opposition in Parliament, Government

The central bank’s push for a restrictive policy regarding cryptocurrencies is not gaining support among members of the Russian government, legislature, or law enforcement. A blanket crypto ban, as proposed by the... Read more »

Cosmos, Fantom Aim to Recover From Market Volatility

Key Takeaways Cosmos and Fantom both suffered in the recent market downturn. Both cryptocurrencies appear to have found a strong foothold that served as a rebound point. If the momentum persists, ATOM... Read more »

Bitcoin holds onto 10% gains ahead of crucial Fed rate hike comments

Bitcoin (BTC) held onto fresh upside on Tuesday after a resurgent stock market took the largest cryptocurrency above $37,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView. Fed may spark fresh volatility Data... Read more »

There could be 1 billion global crypto users by the end of 2022, and more than half will own Bitcoin

The rate of cryptocurrency adoption is growing at an exponential rate. As the market gets more mature, more and more users are jumping onto the crypto train and increasing the global rate... Read more »

US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool Position

Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide. Moreover, data... Read more »