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Bitcoin Retracts and Rebounds:...

Bitcoin’s Remarkable Surge: $4,000...

Crypto Exchanges Lock Down...

FTX Eyes Return of...

SEC Won’t Appeal Loss...

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Cryptautopsy > 2023 > May
29
May

Canaan Sees 3.3% Rise in Mining Revenue Amid Overall Revenue Decline

  • CryptOctopus / 2 years
  • 0
  • 3 min read

Bitcoin miner Canaan is expanding its mining operations to other countries as its mining revenue shows a 3.3% increase in the first quarter, despite an overall decline in revenue. This strategic move comes as Canaan aims to strengthen its position in the market. Increased Mining Revenue Signals Growth Canaan announced that it generated $11.1 million […]

25
May

The Enigma of Web3: An In-depth Disquisition

  • CryptOrangutan / 2 years
  • 0
  • 8 min read

In contemporary discourse, Web3 has emerged as an incandescent subject, catalyzing a plethora of discussions. The technology has been subject to reproach from an array of critics, encompassing lawmakers, eco-warriors, centralized businesses, select physicists, and financial institutions. Contrariwise, tech-literate internet denizens have expressed an ebullient embrace of the potential of what they perceive to be […]

24
May

Black Market Activity Eclipses Worldcoin Verification Services in the Middle Kingdom

  • CryptOliphant / 2 years
  • 0
  • 4 min read

The innovative cryptocurrency enterprise, Worldcoin, navigated by Sam Altman of OpenAI fame, is increasingly magnetizing Chinese cyberspace dwellers, notwithstanding its flagship application, the World App, being officially embargoed on the mainland due to rigid internet stipulations. Worldcoin’s cardinal objective is the creation of a global, blockchain-tethered identification infrastructure leveraging cutting-edge iris recognition machinery. A recent […]

24
May

Demystifying the Cryptographic Enigma: An Invigorating Exploration into Bitcoin Improvement Proposals (BIPs)

  • CryptOligarch / 2 years
  • 0
  • 3 min read

Every architectural marvel demands a master plan – an intricate sketch elucidating the construction process’s every facet. Analogously, the Bitcoin sphere – the decentralized wonder of the digital universe – mandates an all-encompassing schematic. Welcome to the domain of Bitcoin Improvement Proposals, colloquially known as BIPs. Grasping the continuous transformation of Bitcoin necessitates delving into […]

23
May

Unveiling Recover: A Paradigm Shift in Crypto-Wallets, Ledger Embraces Open-Source

  • CryptOrc / 2 years
  • 0
  • 4 min read

Introduction: The Controversial Debate In the wake of a contentious debate, a bold step forward has been taken by Ledger, the renowned crypto-wallet manufacturer. This strategic move signals a significant shift in the company’s direction as it embraces the open-source ethos with the introduction of its game-changing feature, “Recover”. Ledger’s Game-Changing Feature: Recover Recover has […]

23
May

Treasury Secretary Yellen Warns of Impending US Debt Default: Urgent Resolution Needed

  • CryptOyster / 2 years
  • 0
  • 3 min read

In a recent statement, Treasury Secretary Janet Yellen reiterated the alarming possibility of a US debt default. With the looming threat, urgent action is required to prevent severe consequences for the nation’s economy. This article examines Yellen’s warning, the potential implications, and the pressing need for a resolution to the debt ceiling negotiations.  Yellen’s Letter […]

23
May

Cardano On-Chain Analysis Reveals Promising Trends

  • CryptOyster / 2 years
  • 0
  • 2 min read

The latest analysis conducted by IntoTheBlock suggests that Cardano, a blockchain network, is experiencing several positive trends in its on-chain metrics. The examination of transaction count, transaction volume, and addresses in profit among other factors highlights the network’s progress throughout 2023. Steady Transaction Count and Increasing Transaction Volume The report’s key highlight emphasizes the notable […]

23
May

Hellfest Emerges with an NFT Delight, Unveiling 666 Astonishing Marvels

  • CryptOrc / 2 years
  • 0
  • 2 min read

Storming its way into the realm of Web3, Hellfest, the most spectacular metal festival in France, is gearing up to unleash a mosh pit of non-fungible tokens (NFTs). Teaming up with the French startup Billy, the festival intends to shake the blockchain with NFTs and captivating Web3 experiences for its passionate audience. Let’s plunge into […]

18
May

Understanding Chainlink: The Go-To Oracle Solution

  • CryptOrc / 2 years
  • 0
  • 5 min read

The Transformation of Digital Finance With the introduction of cryptocurrencies, the landscape of digital finance has undergone a significant transformation. In the realm of these decentralized alternatives to conventional systems, Chainlink has consistently maintained its position within the top 20 cryptocurrencies. Introduction to Chainlink Launched in 2017, Chainlink is a digital currency designed to solve […]

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