Dirham stablecoin DRAM hits Uniswap, developed by relaunched Distributed Technologies Research
[ad_1] A former MIT alumnus and SoftBank executive has launched a Dirham-backed stablecoin that aims to give countries plagued by high inflation environments exposure to assets linked to the United Arab Emirates’ native currency. Cointelegraph reached out to Akshay Naheta, founder and CEO of Distributed Technologies Research (DTR) following...
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Why Bitcoin Miners’ Revenue Hits Lowest Point Since 2020
[ad_1] Many crypto investors are still skeptical about the profitability of Bitcoin mining. This is not surprising considering the growing rate of energy prices in recent times. Moreover, the Bitcoin miners’ revenue has been on a downtrend since November 2020. Current Bitcoin Miners’ Revenue Meanwhile, BTC miners are experiencing...
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UK inflation rate hits 10.1%, British Bitcoin community responds
[ad_1] Prices in the United Kingdom continue to rise, hitting another 40-year high of 10.1%. According to figures from the U.K’s Office for National Statistics, the Consumer Prices Index (CPI) rose by 10.1% in the 12 months to September 2022, up from 9.9% in August. The 10.1% figure mirrors...
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ETH Exchange Balance Hits 5-Month High
[ad_1] Ethereum (ETH) network has witnessed a sharp jump in overall activity during the past few days amid the last stage of its much-awaited network update. On 15 September 2022, the Ethereum Merge went live as Vitalik Buterin, the Co-Founder of ETH, confirmed the development in a Tweet. Take...
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USDT-M Contracts Take 91.97% as Binance Futures Hits $5.90trn in Q2
[ad_1] Binance Futures, the world’s largest crypto derivatives exchange, surpassed $5.90 trillion in total trading volume in perpetual futures contracts in the second quarter of 2022. Tether-margined (USDT-M) perpetual contracts accounted for 91.97% of this trading volume in the said period, the exchange said. Take Advantage of the Biggest...
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BTC Mining Difficulty Hits All-Time High
[ad_1] In addition to a sharp plunge in its price, BTC saw a spike in its mining difficulty level. The number increased by almost 9% within 24 hours yesterday. Earlier this month, the Bitcoin hash rate topped the level of 183 Exahash, the highest level on record. “BTC mining...
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Era7: Game of Truth, a Brand New Innovative Play-to-Earn NFT Trading Card Game, hits GameFi | by Bit Media Buzz | Nov, 2021
[ad_1] Binance Smart Chain (BSC)-based Era7: Game of Truth combines TCG (trading card gaming) with fast-paced competitive gameplay while incorporating NFT-themed play-to-earn concepts. Singapore, November 12th, 2021 — Deploying the concepts of GameFi in the exciting combination of DeFi and NFT technologies, upcoming Play-to-Earn trading card game Era7: Game...
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Solana Hits New All-Time High, Surpasses Cardano And Tether To Fourth Place
[ad_1] The Solana (SOL) ecosystem continues to see huge growth in the market. SOL price touched another record high on Sunday, November 7, as it reached $260.06. Its price is up by almost 17,500% YTD – from $1.51. SOL surpassed Cardano (ADA) and Tether (USDT) to become the fourth-largest...
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Proshares’ Bitcoin ETF sees $1B in first day volume, BTC price hits new high, and Coinbase partners with NBA and WNBA: Hodler’s Digest, Oct. 17-23
[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin officially hits...
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CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K
[ad_1] Open interest (OI) for Bitcoin (BTC) Futures trading on the Chicago Mercantile Exchange (CME) inched toward a new record high Thursday as BTC reclaimed its five-month high of $58,550 on BitStamp. The total number of outstanding derivatives contracts on CME Group’s Bitcoin Futures market reached $3.22 billion, according...
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