The supply of wrapped Bitcoin (wBTC) has hit its lowest point since May 2021 following a significant burn of 11,500 wBTC linked to Celsius. The current total supply of wBTC stands at 164,396, with a monthly growth rate of -7.39%. wBTC is an ERC-20 token that mirrors the value of Bitcoin and is pegged 1:1 […]

UK is unlikely to issue a central bank digital currency (CBDC) as the Bank of England lacks the necessary technical skills, according to Jon Cunliffe, the deputy governor. The BoE plans to partner with the private sector to test a digital pound in a simulated environment, with the aim of gaining the required expertise to […]

Cash App has integrated TaxBit into its services, allowing Bitcoin holders to easily report their taxes. Cash App users can track their Bitcoin transactions for tax reporting purposes through TaxBit’s platform. TaxBit simplifies tax reporting for everyone who has integrated digital assets into their portfolio. The IRS set Jan. 23 as the start of the […]

Innovative tech mogul and DOGE supporter has posted a surprising crypto-AI tweet

Chainlink’s details how Chainlink Function can serve developers.  Users can connect to Meta, Amazon Web Services (AWS), and other platforms using Chainlink function.  ChainLink has revealed the different use cases that come with Chainlink function, as developers prepare to use the newly launched platform. Chainlink recently launched a platform called ‘Chainlink Functions’  which is a […]

Silvergate Capital is a bank that specializes in serving the cryptocurrency industry. It offers deposit accounts, loans, custody services and payment solutions to crypto businesses and investors. It also operates the Silvergate Exchange Network (SEN), a platform that enables real-time transfers of U.S. dollars between its customers and crypto exchanges. Silvergate Capital has been one […]

Lido sustained positive validator growth in Q4 as well as healthy validator jurisdictional dispersion. A look at the impact of the recent market conditions on LDO and its TVL reveals some interesting facts. Lido Finance just released its latest quarterly report revealing the state of node operators. The timely nature of the report may offer […]

Some prospective and existing cryptocurrency investors are overwhelmed by the bullish and bearish projects in the industry. This makes it a bit challenging for them to invest wisely. Understanding which projects are bullish may have a huge impact on an investor’s investment decision-making. Let’s review three high-performing tokens, Collateral Network (COLT), which is currently in […]

The wait for one of Ethereum’s most exciting upgrades is nearly over, with the Ethereum’s Shanghai upgrade potentially landing in Ethereum’s mainnet in the first two weeks of April. The upgrade will enable the long anticipated withdrawal of previously staked ETH and users should be able to quickly reap the rewards they put up with […]

The global crypto market cap declined from $1.13T to $1.02T in just 3 days.  Bitcoin (BTC) dip to the 22K price range. Another crypto industry giant Silvergate Capital is in danger of collapsing less than four months after Sam Bankman-Fried’s crypto exchange FTX and its sister company Alameda Research filed for bankruptcy. The global cryptocurrency […]