Bitcoin vs. Ethereum: Higher fees spark debate as demand booms

Bitcoin transaction fees hit an all-time of $80 million.  Stacks exec believes fees will go even higher as BTC L2 expands.  After the fourth decrease in new Bitcoins rewarded for mining, Bitcoin miners have seen higher profits. On April 20th, Bitcoin transaction fees reached an unprecedented high of over $80 million, surpassing their previous peak … Read more

Hong Kong officials recommend the city’s crypto industry self-regulates

The Hong Kong Securities and Futures Professionals Association (HKSFPA) advises local crypto businesses to establish a self-governing body and keep an eye on each other to ensure adherence to regulations. According to the HKSFPA’s recommendation letter dated April 22, the financial market industry in Hong Kong places excessive emphasis on regulation. However, there isn’t any … Read more

Shiba Inu memecoin raises $12M from institutional investors

The Shiba Inu (SHIB) canine memcoins project has secured $12 million through a private token sale for its upcoming TREAT utility and governance token, which is yet to be released. In the announcement on April 22, it was revealed that the investment group consisted of Comma 3 Ventures, Big Brain Holdings, Cypher Capital, Shima Capital, … Read more