Shimmer’s Layer 1 offers feeless transactions. ShimmerEVM (Layer 2) presents smart contracts with customizable gas fees. As we delve deeper into the blockchain terrain, Shimmer and IOTA emerge as intriguing subjects, specifically regarding their transaction fee models. Having a closer look at our view on the updated tweet by Collin Brown on “Unraveling the Shimmer […]

Bit Trade, Kraken’s provider in Australia, faces a lawsuit after Australia’s securities regulator determined it failed to comply with the design and distribution obligations for one of its margin trading products. […] Read More… The post Kraken sued in Australia over failure to explain product to customers appeared first on CoinGeek.

The recent economic crisis and high inflation have attracted several individuals to the crypto space. Unfortunately, analysts have forecasted another upcoming economic crisis. Analysts have picked Pepe, Floki, and Pomerdoge as the three meme coins that can withstand the next economic crisis. Summary: Pepe has dropped out of the top 100 cryptos. Floki is trading […]

The MakerDAO native token, MKR, has surged toward its early August highs, sending bullish signals rippling through the cryptocurrency market. This resurgence has reignited optimism among investors and speculators alike, suggesting that MKR may be poised to explore uncharted territory.  One of the pivotal factors driving this remarkable rally is the significant accumulation of MKR […]

Investors are aware of the intriguing world of Dogecoin. It has gained a lot of attention due to its unique journey in the cryptocurrency space. Dogecoin was initially created as a lighthearted joke but has become a significant player in the cryptocurrency market. What makes Dogecoin particularly fascinating is its price movement. It experienced a […]

BIT Exchange Rolls Out Filecoin Options Trading Amid SEC Securities Classification BIT, a leading cryptocurrency exchange based in Dubai and specializing in options trading, has rolled out Filecoin (FIL) options trading. In collaboration with trusted market makers Coinhako and Orbit Markets, the exchange aims to enhance pricing accuracy, lower transaction costs, and reduce counterparty risk. […]

Tim Draper has unveiled a new crypto venture studio and accelerator as the billionaire investor seeks to defy the bear market blues. Draper Goren Blockchain (DGB) aims to accelerate DeFi innovations, among others. On September 20, Tim Draper, Alon Goren, and David Bleznak unveiled their new incubator. The accelerator is focused on web3, crypto, and […]

Core Scientific has secured a $53.9 million investment from Bitmain, a leading manufacturer of digital currency mining servers. The deal involves a $23.1 million cash payment and an equity exchange worth $53.9 million in Core Scientific common stock. The partnership aims to boost the Bitcoin Network’s efficiency and contribute to the company’s self-mining hash rate. […]

The post Bitmain Invests $53.9m in Core Scientific for New Bitcoin Mining Machines! appeared first on Coinpedia Fintech News Bitmain, a crypto mining rig manufacturer, is set to invest $53.9 million in Core Scientific, a Texas-based bitcoin mining firm. The two will finance the purchase of new bitcoin mining machines through a combination of equity […]

On Sept. 21, the company submitted a 60-page petition asserting that the financial regulator overstepped its authority when it sued them. The SEC sued Binance in June, alleging a range of misdemeanors, including mishandling customer funds, misleading investors and regulators, and violating securities rules. Binance and CZ have accused the SEC of “attempting to impose […]