This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) U.S. Bitcoin Miners Relocate Old Machines Abroad
Miners seem to be getting ready for the aftermath of the Bitcoin halving, one of the most anticipated crypto events of 2024, which is less than a month away. In April, there will likely be an event that halves the mining incentives on the Bitcoin network, making it less profitable to validate transactions…[continue reading]
2) Saudi Investors Banned From FTX’s Anthropic Stake Offer Over National Security
Despite FTX’s insolvency, artificial intelligence firm Anthropic has refused to take financing from Saudi Arabia. The Saudis own 8% of Anthropic’s shares. In response to these worries, Anthropic’s executives have reportedly told CNBC that Saudi Arabia would not be involved…[continue reading]
3) Solana’s Co-Founder Is An Ethereum Supporter
Speculation has been rife in the cryptocurrency industry after the recent Security and Exchange Commission (SEC) investigation into Ethereum [ETH] and its foundation. There is cause for worry over the possible consequences for spot Ether ETFs given that Ethereum has fallen 4% in the last week…[continue reading]
4) Blackrock Gets Cryptocurrencies And NFTS Along With A $100 Million Deposit
The recent attention that asset management behemoth BlackRock has received for its ties to memecoins and non-fungible tokens (NFTs) indicates a sea change in how it views digital assets. After creating a new tokenization fund, on-chain investigations showed that BlackRock currently has a memecoin and NFT portfolio valued at least $40,000…[continue reading]
5) Polygon PoS Sidechain Has Supported Dencun Upgrades Since Napoli Hard Fork
Compared to Ethereum’s most recent Dencun hard fork, the Napoli hard fork brings three major improvements: EIP-1153: Transient Storage, EIP-6780: SELFDESTRUCT, and EIP-5656: memory copying instruction…[continue reading]
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