• The Bitcoin mining hashrate is a measure of the total amount of computing power that’s currently connected to the Bitcoin network. • Recently, the 7-day average Bitcoin mining hashrate has hit an all-time high, despite the difficulty increasing. • The “mining difficulty” is a built-in concept on the Bitcoin blockchain that keeps the block […]

• Ethereum developers are launching the Shanghai Capella testnet this week. • The upgrade includes a Maximum Extracted Value (MEV) Boost and a Prosperity Builder Separation (PBS). • Despite the recent advancements, Ethereum still has a long way to go before it is “done.” Ethereum Launches Shanghai Capella Testnet Ethereum developers are launching the Shanghai […]

• Binance, the largest cryptocurrency exchange in the world, is reportedly considering ending relationships with U.S. business partners due to a tightening of regulatory policies by the Securities and Exchange Commission (SEC). • Binance CEO Changpeng Zao (CZ) has refuted these allegations on Twitter. • The crypto space has had a rough Q1 amid intense […]

• DekaBank, a German generational bank, is collaborating with Metaco to launch its blockchain-based tokenization platform Harmonize in 2024. • The focus of the platform is on digital funds and stocks rather than regular crypto assets like Bitcoin. • This new infrastructure will open up a new token economy by providing institutional digital assets such […]

• An Ethereum developer recently revealed that the Zhenjiang public testnet for the Shanghai upgrade will allow users to test and evaluate the withdrawal process and network functionality after the upgrade. • The testnet will go live on February 1 and users will be able to test withdrawals from February 7 when the Shanghai and […]

• The European Parliament has approved a bill to implement the final stage of the post-financial crisis global bank capital rules (Basel-III) starting in January 2025. • This bill stipulates that volatile cryptocurrencies like Bitcoin will be considered the riskiest investment. • Banks must hold more than one euro of free capital for every euro […]

• Australia is considering regulations for crypto assets this year. • The government intends to embark on a token mapping exercise to regulate crypto assets. • Stephen Jones, Australia’s Assistant Treasurer and Minister for Financial Service, mentioned the collapse of the FTX crypto exchange, stressing the need for crypto regulation. The Australian government is taking […]