Author: hotcrypto
DUBAI, United Arab Emirates, Sept. 16, 2022 (GLOBE NEWSWIRE) — Jax.Network, a blockchain merge-mined with Bitcoin, has gained around 1,200 Phash/s, which is two times higher than the average hashrate per day of Bitcoin SV (BSV), which has 568.87 Phash/s at the moment of writing. The project is right on track to outcompete Bitcoin Cash (BCH) with its 1.43 Ehash/s. Jax.Network utilizes a merge-mining algorithm that allows miners to dedicate their computational resources to finding a proof-of-work not only in its own network but also in the Bitcoin network. Thus, by reusing the hashrate of the Bitcoin network, the Jax.Network…
Binance Coin price pops over 1% higher while Ethereum’s Merge melt-down taunts most other cryptocurrencies. Although the BNB price might be popping higher, hidden issues lurk under the hood. The forecast remains unchanged for a drop back to $212.50. Binance Coin (BNB) price is popping higher while most other cryptocurrencies are on the back foot, unable to recover from the intraday melt-down on the back of Ethereum’s Merge. More things are likely cooking under the hood, as overall cryptocurrency support is fading. That Elon Musk has other things in the fire and is not able to come out in support…
Top Altcoins that could outperform Ethereum! Coinpedia Fintech News This news is republished from another source. You can check the original article here
India may soon have a greater clarity on regulation of crypto assets as the government has stepped up efforts in that direction. The recent meeting of the Financial Stability and Development Council (FSDC), chaired by Union Finance Minister Nirmala Sitharaman, impressed upon the members the need for a clear consensus on the legality of cryptocurrencies. The message was that regulators must fast-track the initiative. The Council discussed at length whether to legalise or ban crypto assets, according to two people privy to the discussions. “The status of crypto assets was among the key agenda discussed…
Source: AdobeStock / Gnans Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________CBDC newsThe European Central Bank (ECB) said it will collaborate with five companies to develop potential user interfaces for the digital euro: CaixaBank and Worldline will be working on peer-to-peer online payments, EPI and NEXI on point of sale payments initiated by the payer, and Amazon on e-commerce payments. The aim of this prototyping exercise is to test how well the technology behind a digital euro integrates with prototypes developed by companies. It is expected to…
The crypto industry is full of ambitious projects, all trying to make it to the top and provide users with a lot of profit. Litecoin (LTC) gathered a strong community by providing a lighter and faster alternative to Bitcoin (BTC). Decentraland (MANA) is another cryptocurrency that has done very well and has become the top metaverse in the industry. Big Eyes Coin (BIG) is new in the market, and it wants to take a top spot in the industry. BUY BIG EYES COIN NOW! Big Eyes Coin (BIG) – The meme coin that’s more than a joke Big Eyes Coin…
Alex Dovbnya Meme cryptocurrency Shiba Inu (SHIB) continues to see growing adoption, with Binance’s pilot card in Argentina now supporting it Meme cryptocurrency Shiba Inu (SHIB) can now be accepted by roughly 90 million merchants around the globe, according to a Friday announcement. This was made possible by Binance Argentina adding SHIB to the list of supported cryptocurrencies for its prepaid card. Users can earn up to 8% in crypto cashback on their purchases. The exact percentage depends on one’s card level. Binance’s prepaid card was rolled out back in early August in partnership with financial services corporation Mastercard in…
Source: Akarat Phasura – Shutterstock VeChain’s blockchain-powered supply chain solutions will play a crucial role in a cheese supply chain system. VeChain’s Proof-of-Authority consensus allows for faster consensus which is crucial to a supply chain. In the latest development, the blockchain platform VeChain has turned out to be an official choice for tracking the movement within a cheese supply chain. In the recent publication ‘Design and Implementation of an SC-based System for the Tracking within a Cheese Supply Chain,’ VeChain’s Proof-of-Authority (PoA) consensus model has been highlighted. The VeChain blockchain network leverage distributed ledger technology (DLT) to streamline complex supply…
Economies around the world are facing a motley of challenges caused by rising inflation. High inflation devalues national currencies, which, in turn, pushes up the cost of living, especially in scenarios where earnings remain unchanged.In the United States, the government has responded aggressively to inflation. The nation hit a 9.1% inflation rate in June, prompting the Federal Reserve to implement a series of fiscal countermeasures designed to prevent the economy from overheating. Hiking interest rates was one of them.Soaring Fed interest rates have consequently slowed down consumer spending and business growth in the country.The counter-inflation approach has also strengthened the…
As time goes on, cryptocurrencies continue to prosper as blockchain technology develops and becomes more advanced to match their potential. The volume of seasoned blockchain networks has not reduced even though there has been a bad market for more than a month, demonstrating that consumers are still interested in purchasing cryptocurrencies. Numerous crypto coins, such as stablecoins, utility coins, DeFi, and NFT-based tokens, have joined the market since their establishment. Dogelon Mars (ELON), Safemoon V2 (SFM), and Big Eyes (BIG) can be the best investment options you’d make. Keep reading to learn their features. Dogelon Mars (ELON) Up Up and…