The most confusing aspect of crypto is airdrops. These tokens are often referred to as free money and are awarded to crypto traders who meet certain criteria. These amounts can be huge. For every ape NFT they had , Bored Ape Yacht Club owners received an April cryptocurrency airdrop of around $100,000. Airdrops that sound too good be true sometimes are […]
Category: Bitcoin News
Uzbekistan Presents Registration Requirements for Cryptocurrency Miners
According to the draft decree of Uzbekistan’s National Agency for Perspective Projects, cryptocurrency mining entities will have to renew and register their certificates every year. NAPP, the country’s principal crypto watchdog is directly under the administration of President Shavkat Miyoyev. The document was recently published for public comments that will continue through July 9, and has already received […]
Bitcoin plunges toward $20,000 as crypto meltdown continues
The sell-off in cryptocurrencies deepened even further on Wednesday, with bitcoin sinking very close to the key level of $20,000. The price of bitcoin plunged 9% in 24 hours to around $20,208, according to data from Coin Metrics. The world’s largest digital currency is down more than 70% since the peak of the crypto craze in November […]
Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month
The month of May has ended and in the past 30 days, 4,276 Bitcoin ( BTC ) block rewards have been found. 26,725 newly minted bitcoins were created out of the 4,276 blocks rewards. Although the network’s hashrate is above the 200 EH/s zone for the longest time, Bitcoin’s block height of 734,577 was an all-time record. According to data coinwarz.com, […]
Most Salvadorans have already ditched their national bitcoin wallets
According to , the National Bureau of Economic Research published last month a paper showing that El Salvador’s national Bitcoin wallet, Chivo, was a failure. This study is the first non-governmental effort to quantify the country’s success with cryptocurrency. The nonprofit was based in Cambridge, Massachusetts and surveyed 1,800 households in urban areas as well as rural areas. The unbanked are […]