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The moment when Ethereum will overcome Bitcoin appears closer and closer. However, it doesn't seem easy to forecast the precise moment when ETH’s historical victory over BTC will occur. While we observe the market’s movements, there are several arguments made by experts to sustain ETH’s rise. A Quick Introduction to BTC and ETH First, it is essential to know the different stories that brought us BTC and ETH. Someone using the pseudonym Satoshi Nakamoto created Bitcoin (BTC) in 2008. BTC…

MetaMask’s announcement of its Apple Pay integration surprised the crypto community. Investors in Apple and the crypto world are now wondering what this partnership may represent. Leaving aside any creative speculation of crypto enthusiasts, the advantages for Apple are relatively straightforward.   A Quick Introduction to the MetaMask Crypto Wallet MetaMask is a well-liked cryptocurrency wallet because of its simplicity and availability on desktops and mobile devices. The system can buy, transmit, and receive cryptocurrency directly from a wallet. It can…

After an airdrop broadcast by Optimism earlier this week, Synthetix (SNX) has seen a continuous upward climb. Apparently, the announcement was an opportunity for the DeFi protocol to prepare itself to join in the ongoing L2 Curve Wars.  This and other factors have encouraged Optimism users to engage with the DeFi project. Consequently, the SNX price continues to sustain a steady rise, for the time being.  SNX Buoyed by Layer-2 Solutions Ever since Layer 2 protocols grew in popularity on…

Okay Bears, a Solana-backed NFT collection, raised $18M within one day of launching. The novel NFT project was so popular it outperformed every Ethereum-based collection in terms of trading volume. Two weeks ago, Rarible Protocol launched a custom marketplace for Solana NFT projects, finally drawing attention to Solana projects. Okay Bears is the latest proof of the incredible growth the NFT marketplace has seen in the past weeks. [caption id="attachment_320506" align="aligncenter" width="550"] Okay Bear #116  |   Solanart.io[/caption] The new bear…

New York is close to signing a two-year moratorium on Bitcoin mining into law. The state assembly passed a bill today to prevent users from renewing fossil-fuel permits for proof-of-work mining activity. New York Against Mining After passing yesterday, the bill is now headed for the Democratic-controlled State Senate. Democrats – who are more concerned with environmental protections than their Republican counterparts – have a reputation for standing against Bitcoin mining. That includes New York City Mayor Eric Adams, who…

Ethereum rollup Optimism could launch a new token in the coming weeks. The L2 network wi also introduced interesting reforms to its governance structure.  Optimism is a low-cost, high-speed Ethereum Layer 2 (L2) scaling solution created in 2019. Considering Ethereum’s longstanding problem of scalability, Optimism like other L2 chains hopes to alleviate these problems. The network has risen in popularity and use in the past 2 years. Its new governance token, OP,  will underly the layer-2 protocol and promote Optimism’s adoption in…

The city of Fort Worth, Texas is tentatively entering the Bitcoin mining industry at a government level. The six-month pilot program should establish the area as a welcoming blockchain hub. Miners at City Hall On Tuesday, the Fort Worth city council voted unanimously on a resolution to accept a donation of three Bitcoin miners. The miners – a Texas Blockchain Council donation – are worth $2,100 each. As CNBC reports, the Bitmain Antminer S9 mining rigs will mine Bitcoin 24/7…

This afternoon, Bored Ape Yacht Club raised an alarm on Twitter, announcing a forceful takeover of its Instagram account. More than $10 million worth of NFTs has been stolen in the aftermath of the attack.  According to the tweet, someone hacked the team's official Instagram account. BAYC team swiftly advised users to refrain from following any prompts or instructions given by the account. However, it appears that their announcement came too late, as many had already fallen victim. https://twitter.com/BoredApeYC/status/1518590210686308354?s=20&t=_tT-JeyNNBlpX3xJg5StsA How…

Christopher Emms and Alejandro Cao De Benos, British and Spanish residents respectively, are facing charges from US authorities for aiding North Korea's efforts against the western nation's sanctions. Emms and De Benos reportedly used and "taught" crypto to North Korean dissidents.  Defendants Collaborate to Aid Efforts to Evade Sanctions The two Europeans allegedly educated the Democratic People's Republic of Korea on digital currency and blockchain services. As a result, alongside crypto expert Virgil Griffith, they worked to provide information on…