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Bitcoin's mining difficulty rate hit an all-time high as April neared its end — its second within the month. The network’s increasing difficulty is a testament to its growing adoption and an increasing pool of miners. Bitcoin Marks a Milestone Barely three weeks after Bitcoin broke the record for its highest network difficulty rate yet, it set another. On Wednesday, April 6, Bitcoin first made history when its difficulty mining rate jumped a notable 5.56%. This put it at the…

The CEO of a South Korean crypto exchange has been indicted on charges of leaking classified information to North Korea.  Earlier this month, authorities arrested the executive along with an army major, who authorities pinned weeks later, in the espionage operation.  North and South Korea have been embroiled in harsh relations since fighting a war in the early 1950s. Apart from recent frictions between other states and North Korea, the historical animosity between these two countries further exacerbates the alleged…

As we all know, Bitcoin has been trapped under $50,000 since the start of the year. It’s certainly been difficult – for the average investor – to maintain bullish optimism. It’s gotten especially tough when the media spreads fear, uncertainty, and doubt about the asset class (aka ‘FUD’). See no further than Bitcoin obituaries for a taste of that. Most infuriating, however, is when that FUD bears no resemblance to observable reality. Whether from ignorance or malice, journalists are strangely…

1inch – the leading decentralized exchange aggregator – has integrated the fiat on-ramp aggregator Transak into the network’s native wallet. 1inch co-founder Sergej Kunz, says the integration will allow a “wider variety of tokens” to be acquired using fiat money. “Fiat” is the term for traditional, national currencies like USD, which require citizens of their respective countries to use them. Considering that most people still trade with these currencies, creating on-ramps from fiat to crypto is necessary for industry adoption.…

Pierre Poilievre – a Canadian MP vying for Conservative leadership – has promised to ban CBDCs in Canada if he takes power. He’ll also adopt a bill allowing the auditor general to audit the Bank of Canada’s $400 billion quantitative easing program. Poilievre’s War on Inflation In a statement from his campaign website, Poilievre’s rationale is to restore central bank independence the Federal government. The MP claims that the Trudeau government’s deficits have forced the central bank to excessively print…

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…