Key Takeaways: German economy entered a recession in early 2023 as inflation started to hurt consumers. This new-born technical recession can spiral into a tangible loss for the economy if it continues. German GDP data shows “surprisingly negative signals.” The Germany Recession Has Begun — What’s Prompting EU’s Economic Decline? Read CoinChapter.com on Google News […]
US Debt Ceiling Deal Blocks 30% Bitcoin Mining Tax: Congressman
The proposed Digital Asset Mining Energy tax has reportedly been taken off the table, according to U.S. Congressman Warren Davidson.
Utilizing blockchain for data integrity in the supply chain
In this article, we examine how blockchains can ensure data integrity in supply chains—giving concrete examples of how things work in practice. […] Read More… The post Utilizing blockchain for data integrity in the supply chain appeared first on CoinGeek.
Dogecoin Bounces Off $0.070 Mark, Awaits Breakthrough of Crucial Hurdle
In recent trading sessions, the price of Dogecoin has experienced an upward trend, surpassing a significant resistance level. Over the past 24 hours, DOGE recorded a 1.2% increase, and within the last week, the coin appreciated by 2%. The technical analysis suggests the possibility of upcoming bullish momentum as buying strength attempts to recover. However, […]
Fantom resolves to give back 15% of gas fees to certain projects
Fantom blockchain will reward projects that contribute toward high usage of gas fees. The move aims at driving increased demand for block space. Eligible applications will be rewarded 15% of the gas fees they produce. In a move to drive demand for block space on the Fantom blockchain, the blockchain has announced that it will […]
Why is the crypto market up today? Imminent debt ceiling vote boosts the market
Key takeaways The cryptocurrency market is up by more than 2% today after underperforming for the best part of May. Bitcoin topped the $28k mark for the first time this month. The rally comes as President Biden and the House leadership reached an agreement on the debt ceiling. Crypto Market Cap Reaches $1.16 Trillion The […]
Dormant Wallet Inactive for 8 Years Moves 8000 ETH Worth $14.7M
Initially, the owner transferred 1 ETH to a new wallet as a precaution. The original investment was roughly $2,500. After lying dormant for eight years, an Ether wallet that was last used in 2015 has revived, swiftly transferring 8,000 ETH in under two minutes. After taking part in Ethereum’s ICO (initial coin offering) in 2015, […]
Hong Kong Police Launches Metaverse Platform to Combat Cybercrimes
Hong Kong Police launches “CyberDefender” metaverse platform. CyberDefender empowers against technology crimes in Web3 and the Metaverse. Hong Kong Police combat rising virtual asset cases with digital literacy. The Hong Kong Police Force’s Cyber Security and Technology Crime Bureau (CSTCB) launched the cutting-edge metaverse platform “CyberDefender”. It is designed to raise public awareness about technology crimes. […]
Bybit gets pre-approval in Kazakhstan as crypto custody service provider
The cryptocurrency exchange received “in-principle” approval to begin operations in Kazakhstan at the Astana International Financial Centre.
Bitcoin Touches $28,000 as U.S. Debt Ceiling Deal Heads to Congress
Stock market indices rose to new yearly highs, while cryptocurrencies saw positive gains as risk-on sentiments returned.