Banking
Analysis
Bitcoin’s hash rate surges despite persistent economic uncertainty
An exploding hash rate should not be taken as a strong indicator of the Bitcoin price rising.
Exchanges
Crypto.com U-turns on cutting member rewards, but is it too late?
Crypto.com CEO Kris Marszalek responds to the feedback and announces a compromise on one of the cuts.
Outage
What now for Solana following ‘Candy Machine’ spam attack?
Minting bots flooded the Solana blockchain leading to a significant outage, the third such incident to date.
Exchanges
Crypto.com slashes rewards to ‘ensure long-term sustainability’
Some users slammed the changes to the Crypto.com rewards program saying the cuts are sudden and too aggressive.
NFTs
Ethereum user spends $44,000 in gas fees to mint Bored Ape ‘Otherside’ NFTs
Bored Ape Otherdeed NFTs were so popular the Ethereum blockchain struggled to cope with demand.
Adoption
IMF raises concerns over the Central African Republic’s adoption of Bitcoin as legal tender
The IMF has raised concerns over the Central African Republic's adoption of Bitcoin as legal tender due to the lack of a "robust" payments system in the country.
Adoption
Panama says yes to Bitcoin and cryptocurrency as Congressional bill passes
Members of Panama's Congress voted in favor of the "Crypto Law" that will give Bitcoin and cryptocurrencies legal status.
Technology
Cardano Director explains how Input Endorsers will yield a “super fast Layer-1”
Input Endorsers are pitched as a more efficient way to reach consensus and handle throughput. John Woods unpacks the mechanics of the process in an easy to understand way.
Rumors
Was the CIA behind Bitcoin creator Satoshi Nakamoto’s ‘disappearance’?
11 years on from Nakamoto's final email to colleagues, the circumstances of his disappearance continue to confound the public.
People
Congressman facing insider cryptocurrency trading allegations says he’s being targeted
Rep. Madison Cawthorn is accused of insider trading of the Let's Go Brandon crypto token. However, Cawthorn says he's the victim of an "establishment" campaign against him.
Adoption
Study finds El Salvador’s Chivo Bitcoin Wallet is not widely used
Researchers found that despite high initial interest, wallet usage for Bitcoin transactions is low and concentrated among a select demographic.
Analysis
How does Bluesky fit in with Dogecoin and Musk’s plans for Twitter?
Musk's acquisition of Twitter has left the future direction of Bluesky, which was created to make Twitter more decentralized, unclear.