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El Salvador’s Bitcoin wallet Chivo scores $52M in remittances in 2022

El Salvador payment app Chivo processed $52 million in remittances over the past six months, as expatriates make use of commission-free BTC transfers. Salvadorans living...

Coming to Texas: Riot Blockchain announces plans to move NY miners to Lone Star State

Moving rigs from New York to Texas was part of Riot's effort to reduce the firm’s operating expenses through lower power costs and eliminate...

Fed conference hears stablecoins may boost USD as global reserve currency

The underlying tech of a central bank digital currency wasn’t enough to convince some panelists at a Fed conference that it could change the...

Bitcoin miner revenues surpass Ethereum for the first time in a year

Bitcoin miners outdid those of Ethereum in terms of June net revenues, but both exude similar patterns in declining profitability. For the first time in...

Singapore financial watchdog considers further restrictions on crypto

The Monetary Authority of Singapore may consider “placing limits on retail participation” for investors, as well as introduce rules on the use of leverage...

Massive Bitcoin longs show up on holiday crypto market

Crypto analytics agency Santiment continues to provide a variety of interesting on-chain statistics. Thus, according to the latest data, today, July 4th, and U.S. Independence...

Ethereum average gas fee falls down to $1.57, the lowest since 2020

For nearly two years, between Jan. 2021 and May 2022, the average gas fee required by the Ethereum network was roughly $40, with May...

Israel’s regulator teases comprehensive crypto framework at ICC

This year’s annual Israel Crypto Conference was focused on regulation and CBDCs: The regulated status of cryptocurrencies would open many doors of possibilities. In his...

First hyper-realistic metaverse enables users to purchase their digital homes

Living in the metaverse means more than investing in it. It means having a place to call home. There is no denying the world is...

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