Ethereum, the world’s most valuable smart contract platform, has generated over $10 billion in revenue in a record seven years. At this pace, Ethereum grew to this milestone faster than most top technology firms, except Alphabet. Ethereum Hit The $10 Billion Milestone Faster Than Microsoft, Zoom Records showed that Ethereum took roughly seven years to mint $10 billion in revenue, …

A recent development around approving a Bitcoin spot Exchange Traded Fund (ETF) in the US saw crypto asset manager Bitwise taking a stand against the SEC’s reasons for not approving their spot Bitcoin (BTC) fund. Deciphering The “Mixed” Academic Record To strengthen its case, Bitwise submitted a review of academic literature regarding the Bitcoin futures market and its correlation with …

The Miss Universe Coin created a storm of controversy at the Philippine Blockchain Week (PBW) when it came to light that the coin, touted during the event and unveiled at a prior press conference, had no affiliation with Miss Universe, the brand and pageant owned by Thailand-based JKN Holdings. What seemed like a promising venture took an unexpected turn, leaving …

Ripple has been planning a ‘Proper Victory Party’ to celebrate its victory over the United States Securities and Exchange Commission (SEC) for a while now and this could affect the XRP price. This was made public in late August when the company announced the September 29 date. Now, with the Ripple victory party just a few days away, could it …

On-chain data shows the average Ethereum transaction fee has recently dropped to $1.15, which is a new low for the year 2023 so far. Ethereum Transaction Fees Has Registered A Drawdown Recently According to data from the on-chain analytics firm Santiment, the fees on the ETH network have declined during the last few days. The relevant indicator here is the …

Hong Kong’s aspiration to become a global virtual asset hub has suffered a significant setback with the unraveling of the JPEX scandal. This controversy has not only shaken investor confidence in cryptocurrencies but has also cast a pall over the city’s ambitions in the digital asset arena. Established in 2021, JPEX had targeted retail investors with enticing advertisements across the …

Binance may be on the verge of delisting all stablecoin offerings on its crypto exchange platform for European investors. The news has triggered fears of the potential losses the EU crypto market may sustain if Binance validates and proceeds with the motion. Binance To Delist All Stablecoin Offerings In Europe A prominent executive of Binance, one of the world’s largest …

Bitcoin (BTC) analyst Willy Woo has sounded the alarm on a significant challenge that could hinder the future growth of the world’s leading cryptocurrency. In a recent revelation on the social media platform X, Woo highlighted a concerning obstacle that could hinder its potential for future growth.  Woo’s analysis focused on the growing dominance of Bitcoin derivatives, often referred to …

According to a recent report by CoinPost, MUTB, a subsidiary of Mitsubishi UFJ Financial Group, one of Japan’s largest financial institutions, in partnership with Binance Japan and Progmat, has announced the start of joint consideration for the development of a new stablecoin.  Leveraging the Progmat Coin platform, compliant with Japanese regulations, the collaborative effort aims to create a stablecoin that …

A Bitcoin maximalist seems to have drawn the wrath of the XRP community following a post he made on the X (formerly Twitter) platform. Max Keiser who is a staunch Bitcoin supporter shared a patent that is more than three decades old to put forward claims that XRP is centralized. Keiser Says XRP Is Centralized In the post that Max …

According to a Financial Times report, big tech giant Amazon will invest $1.25 billion for a minority stake in Artificial Intelligence company Anthropic. The deal was announced today, and already, people are making the connection between the startup and the failed crypto exchange FTX. Amazon Takes Stakes At AI Startup, Good News For FTX? The report indicates that the big …

Chainlink has observed some sharp growth recently, but can the cryptocurrency keep up this run of bullish momentum? Chainlink Has Enjoyed Notable Returns During The Past Week While the rest of the digital asset sector has been struggling recently, Chainlink has stood out as a coin that has registered a rapid uptrend. The price has continued this recent run during …