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Crypto Users in Europe Prefer Decentralized Services, Bank of Spain Says
The Central Bank of Spain recently conducted research that found that DEXs and unbacked cryptocurrencies are becoming more popular in Europe.
The Bank of Spain released a study on…
About 60% of Bitcoin mining is currently powered by renewable energy, according to BMC Mining
One of Michael Saylor's MicroStrategy Inc. clients, the Bitcoin Mining Council, a non-profit association of cryptocurrency mining businesses, recently released a report showing that the…
KYC checks are required for Yuga Labs’ Otherside metaverse land sale
Virtual land auction participants will be required to undergo Know Your Customer (KYC) checks this week, a departure from the more relaxed norms typical in the industry.
According to a…
Elon Musk has struck a $44 billion deal for social media platform Twitter
Twitter is likely to become a privately owned firm under Elon Musk's leadership, with new features and services.
Twitter, a major social media network, said on Monday that it has signed…
Investment in Bitcoin through 401(k) plans is now possible for MicroStrategy employees
On Tuesday, April 26, MicroStrategy (NASDAQ: MSTR) announced that its employees would be able to use Bitcoin in their 401K retirement savings accounts.
Investors will be allowed to…
Fidelity Helps Bitcoin Become More Popular by Offering It for Pensions
New York Times reports that mutual fund behemoth Fidelity Investments aims to enable 401(k) savers to add Bitcoin to their accounts.
Considering that Fidelity is the country's largest…
The bored apes Instagram hack results in the theft of millions of NFTs
On Monday, the official Instagram page of Bored Ape Yacht Club (BAYC) was hacked to advertise a false phishing link intended to defraud victims of millions of dollars in non-fungible tokens…
Elon Musk denies the need for a bridge between Dogecoin and Ethereum
As a result of Elon Musk's public backing for Dogecoin, the joke currency went on one of the most amazing crypto markets rises ever seen in history. In spite of the recent decrease in its…
OpenSea buys NFT aggregator Gem
Gem, an NFT aggregator, has been bought by OpenSea. Gem will remain a stand-alone company.
The Block has heard that OpenSea has bought NFT aggregator service Gem. In an email issued to…
Polygon burned more than 650,000 MATIC After the launch of Burn
Over 650,000 MATIC have been burnt since the mechanism's inception. More than 650,000 MATIC are burned by Polygon since the start of the Burn
Since the January introduction of the…