Bitcoin (BTC) hashrate has reached another all-time high, with seven-day moving average jumping to 833 exahashes per second (EH/s), according to Glassnode data. This represents a 9% increase from 767 EH/s in the past few days. According to Miner Mag, pre-orders for mining hardware have begun to decline following the pre-halving surge. Many mining firms … Read more
Bitcoin (BTC) continues to follow the trajectory of its 2017 cycle. Despite recent market turbulence, driven by escalating tariff tensions between the U.S and its neighbouring countries, as well as China. Bitcoin remains up approximately 525% from its cycle low during the FTX collapse in November 2022. Comparatively, at the same stage in the 2017 … Read more
A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a fintech startup founded in 2019, is tackling this issue by offering financial services tailored for low- and middle-income workers. The company provides solutions like salary advances, digital payments, and microloans to help … Read more
Anthony Scaramucci, who served as President Donald Trump’s communications director for less than a week in 2017, said he expects pro-crypto regulation to be drafted in the U.S. by November. The founder of investment firm SkyBridge Capital made the prediction in an appearance at the Digital Assets Forum in London and went on to explain … Read more
THORChain’s node operators approved a plan to convert $200 million in debt into equity tokens, but community members are raising concerns over its long-term viability.
Galaxy Digital (GLXY), the cryptocurrency trading company helmed by Mike Novogratz, is bringing its blockchain staking capabilities to regulated custody specialist BitGo Trust, despite the legal spat between the two firms. It makes sense to play nice: The deal brings Galaxy’s staking and validator services, which handle over $4 billion billion in staked crypto assets, … Read more
As a developer, switching between different projects, and often i have to kill diff port. My solution was kill-port, a widely used package to free up ports. But over time, I noticed something frustrating – kill-port was slow. Sometimes, it took up to 20 seconds just to free a port. When you’re in the middle … Read more
The outlook for alternative cryptocurrencies appears grim relative to bitcoin as a renewed trade war potentially breaking out between the U.S. and its major trading partners may threaten to destabilize the global economy. Still, some coins are flashing bullish hints. For instance, the XRP/BTC ratio is teasing a move above the upper Bollinger band on … Read more
The antitrust investigation was launched alongside retaliatory tariffs and export controls. China has launched an antitrust investigation into Google as part of a salvo of responses to US tariff increases, including its own retaliatory tariffs and export controls. China’s State Administration for Market Regulation announced the Google probe on Tuesday over suspicions the US search … Read more
Some time ago I faced a very annoying problem with the mobile application I was developing. What I wanted to achieve was quite simple: I needed to make sure that JavaScript would keep on running. But every time the app entered the sleep mode, the JS scripts would be halted. The device would enter the … Read more
In the world of software development, time is everything. That is why it is important for developers to have uninterrupted blocks of time in order to write, debug and refine code. However, a common challenge arises when tech lead managers, who are often well intentioned but relatively inexperienced, create a calendar full of meetings. These … Read more
Steve Yun, founder of the TON-focused $100 million fund, TVM Ventures, is bullish on TON despite the Toncoin market cap dropping by 64% since April 2024.
Abstract Despite numerous efforts and substantial funding, the academic interest and performance of youth from historically marginalized classes (African American, Native American, Latino, and Indigenous) along with racial minorities and women in science, technology, engineering, and mathematics (STEM), statistically portrays a large variation in comparison to White and Asian counterparts. These discrepancies can be attributed … Read more
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Crypto exchange Kraken secured a Markets in Financial Instruments Directive (MiFID) license in the European Union. Kraken was able to obtain the license that will enable it to offer crypto derivatives products in the block of 27 nations by acquiring a Cypriot investment firm which had the license from the Cyprus Securities and Exchange Commission … Read more
U.S. food delivery giant Grubhub says hackers accessed the personal details of customers and drivers after breaching its internal systems. Grubhub is a popular food-ordering and delivery platform with over 375,000 merchants and 200,000 delivery providers using its platform in more than 4,000 U.S. cities. New York-based Wonder Group acquired the company last fall in … Read more
On the heels of Chinese AI firm DeepSeek making a huge splash in OpenAI’s American backyard, OpenAI is diving into expanding in Asia, with major commercial deals that will also help it train its AI on more Asian-language content and user behavior — a gateway to doing more business in these markets in the future … Read more
We all know that loyalty programs and reward systems like cashback in e-commerce are great tools to encourage repeat purchases. We aimed to increase the frequency of purchases by paying our premium users cashback earlier than they normally do within 15 days. However, this well-intentioned move led to an unexpected result: :::warning Increased Fraud! 😫 … Read more
Self-driving truck startup Waabi is partnering with Volvo Autonomous Solutions to jointly develop and deploy autonomous trucks, an important milestone as it gets closer to a commercial launch. The tie up also marks Volvo’s second partnership to co-develop self-driving big rigs with a startup partner. In May 2024, Volvo teamed up with Aurora Innovation to … Read more
Howard Lutnick, the chairman of Cantor Fitzgerald and President Donald Trump’s pick for U.S. Commerce Secretary, was recently playing defense during another nomination hearing in front of Senate Democrats about the financial services giant’s investment in Tether, the company that issues the world’s largest stablecoin, USDT. Lutnick appeared before the Senate Committee on Commerce, Science, … Read more
Decentralized lending protocol Aave processed millions in liquidations Monday without accruing any new bad debt, showcasing its resilience during market volatility, data from Chaos Labs shows. The crypto market wilted early Monday, with the price of bitcoin (BTC) falling to nearly $91,000 from $100,000 as concerns of a renewed trade war between the U.S. and … Read more
The Ethereum network’s capacity to handle more transactions increased further late Monday as validators agreed on a gas limit increase for the first time since late 2021, also the first time in the network’s Merge era. The gas limit on Ethereum reached nearly 32 million gas units as of Tuesday morning with a maximum expected … Read more
Ola founder Bhavish Aggarwal is investing $230 million into an AI startup he founded as the country pushes to establish itself in a field dominated by U.S. and Chinese firms. Aggarwal is financing the investment in Krutrim largely through his family office, a source familiar with the matter told TechCrunch. In a post on X … Read more
Crypto crashes as US trade war set to begin. Most liquidations ever at $2.3bn. ETH falls 35%, leads losses in majors. BTC dominance nears 4-yr high. February to see $3bn of unlocks led by SOL. Stablecoin TVL hits new record $218bn. HYPE leads altcoins on buybacks from liquidations. Asian crypto stocks plunge, led by Metaplanet. … Read more