Crypto ATM firm says revenue unaffected by fluctuations in BTC price

Some large companies in the cryptocurrency sector, such as Bitcoin Depot, which runs Bitcoin ATMs, have experienced minimal impact from the volatile price swings of cryptocurrencies like Bitcoin. Bitcoin Depot, the largest Bitcoin ATM company in the US, mentioned in their annual report filed on April 15 that there hasn’t been a consistent connection between … Read more

Microsoft pours $1.5B into UAE AI company, sights set on global expansion

Microsoft deepens its involvement in the international AI sector through a significant collaboration and $1.5 billion financial commitment to G42, an Abu Dhabi-based technology firm specializing in artificial intelligence. On April 16, Microsoft revealed that the purpose of their investment is to accelerate artificial intelligence (AI) advancements and broaden access to innovative tech in the … Read more

Inter-Blockchain Communication (IBC) protocol, explained

What is the IBC protocol? IBC is an open-source protocol designed to facilitate message relaying between separate distributed ledgers and was developed to connect independent blockchains. The IBC protocol serves as a bridge for data exchange and interaction between various blockchains, or “zones.” It’s a secure digital connection among multiple blockchain networks, allowing for the … Read more

Bitcoin halving impact on altcoins

The increasing influence of Bitcoin (BTC) during the past 15 years highlights the significance of the innovative solutions developed by its creator, Satoshi Nakamoto, to address the weaknesses in the traditional fiat currency system. One such solution is the concept of halving. The Bitcoin halving mechanism, created by Nakamoto, gradually decreases the rewards for mining … Read more

Arkham’s top 5 doxed crypto hodlers own $3.5B, but 35% is untouchable

Five prominent crypto investors, whose wallet addresses are publicly available, collectively possess approximately $3.5 billion worth of cryptocurrencies, as indicated by Arkham’s blockchain analytics platform. However, due to lost passwords and private keys, a large chunk of it is inaccessible.  On April 15, the on-chain intelligence platform unveiled an upgraded dashboard, shedding light on the … Read more