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Home2023July

Month: July 2023

Market Analysis

Polygon proposal seeks to upgrade native token MATIC to POL

July 13, 2023 0

Polygon’s technical upgrade could see MATIC renamed to POL. POL will operate on multiple chains including PoS, zkEVM and Supernets. The price of MATIC rose after the news, up 5% in 24 hours as daily […]

Ethereum

Telegram Merchants’ Payment Bots Gain Access to Crypto Through Wallet

July 13, 2023 0

“In the past, DIY solutions have been available in the form of relatively primitive bots with links to cryptocurrency payment systems or similar products attached to them,” the Wallet team told CoinDesk. “With WalletPay, merchants […]

Bitcoin (BTC) Holds Steady at $30k as US Dollar Weakens Ahead of Inflation Report
Bitcoin

Bitcoin Price Steady, US Dollar Weakens Amid Inflation Reports

July 13, 2023 0

Bitcoin currently holds steady above $30,000 as the US Dollar weakened following the Wednesday Consumer Price Index (CPI) inflation report. Bitcoin is currently holding firm above the key support level at $30,000. However, no relative […]

Litecoin (LTC) Miners Prepare for Halving: What’s in Store for Litecoin Price?
Market Analysis

Litecoin (LTC) Reclaims $100 Level After Previous Breakdown

July 13, 2023 0

The Litecoin (LTC) price has increased since July 10 and is currently trading inside the $100 horizontal area, possibly validating it as resistance. There are mixed signs in regard to the price action and indicator […]

Ethereum, Solana, Cardano Tops New Crypto ESG Ranking, Bitcoin Downgraded for Energy Usage
Regulation

Ethereum, Solana, Cardano Tops New Crypto ESG Ranking, Bitcoin Downgraded for Energy Usage

July 13, 2023 0

The benchmark measured environmental, social and governance risks for and opportunities of digital assets, taking into account a range of metrics including decentralization, energy consumption, community engagement. Then, the points for each metric were aggregated […]

Ethereum

POL to Replaced MATIC in Polygon’s Token Switch Proposal

July 13, 2023 0

The upgrade to POL from MATIC requires a simple technical action – sending MATIC to the upgrade smart contract, which will automatically return the equivalent amount of POL. Token holders would be given ample time […]

UK's New Online Safety Bill to Prevent Child Harm Applies to the Metaverse, Lawmakers Agree
Bitcoin

UK’s New Online Safety Bill to Prevent Child Harm Applies to the Metaverse, Lawmakers Agree

July 13, 2023 0

“The metaverse is in scope of the bill, which, as noble Lords know, has been designed to be technology neutral and future-proofed to ensure that it keeps pace with emerging technologies,” Lord Stephen Parkinson who […]

Dapper Labs lays off 51, cites prolonged crypto winter in NFT market
Market Analysis

Dapper Labs lays off 51, cites prolonged crypto winter in NFT market

July 13, 2023 0

51 Dapper Labs employees have been laid off in the recent layoff. This is the third round of layoffs for Dapper Labs. It made prior layoffs in November and February. In the midst of a […]

Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SEC
Bitcoin

Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SEC

July 13, 2023 0

Asserting powers over the $1 trillion crypto industry is of major significance, just like canceling student debt, the exchange’s lawyers argue. Source link

Bitcoin Miner Hive to Use Huge Nvidia GPU Fleet in AI Pivot
Market Analysis

Hive Bitcoin Miner Warms Up to Artificial Intelligence With AI Pivot

July 13, 2023 0

Bitcoin mining giant Hive has announced a name change and a major shift in focus towards artificial intelligence (AI). The firm has dropped the ‘Blockchain’ part of its name, replacing it with ‘Digital Technologies’ to […]

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