Solana climbs 8% in 24 hours: Is the new network upgrade the reason?

The project mentioned that the v1.17.31 update on the MainnetBeta would resolve the congestion issues. SOL’s price increased but on-chain activity slowed down. Following a number of days with no action, Solana (SOL) has now rolled out an update intended to address network congestion issues. Based on Solana Status’ latest announcement, validators on MainnetBeta are … Read more

Norway passes data center legislation signaling more scrutiny for Bitcoin miners

New legislation passed in Norway may lead to increased examination for Bitcoin (BTC) miners, as the country takes steps to regulate data centers. Starting next year, it is required that all data centers in the country undergo official registration. This includes providing details about the center’s management team and the specific digital services offered. Norway … Read more

Hong Kong approves first Bitcoin and Ether ETFs

Hong Kong is making progress towards launching Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) through spot markets, as local regulatory bodies have given the green light to at least three local companies. According to a report from Reuters, the Hong Kong Securities and Futures Commission (SFC) gave conditional approval for the first Bitcoin and … Read more

HugeWin – The One-Stop Shop Crypto Casino for Any Desires

If you’re new to online gambling, have plenty of experience, or just enjoy the excitement, you may have pondered over how to win big in online casinos. In our opinion, the key to success lies in selecting the right online casino. A trustworthy and robust casino should inspire confidence right from the start. It is … Read more

Why Ripple is launching a dollar-backed stablecoin

What is Ripple’s stablecoin project? The as-yet-unnamed stablecoin developed by Ripple intends to function as a digital representation of the US dollar. In early 2024, Ripple, a prominent name in the blockchain and cross-border payment sector, revealed its entry into the stablecoin industry. This move has the potential to significantly affect Ripple’s growth and shape … Read more