DOT Investors can be in a State of Frenzy Despite Polkadot’s Latest Achievements
Polkadot [DOT] was in the news again as it managed to gain the #1 rank on this list of cryptocurrencies with the highest Nakamoto Coefficient metric. The Nakamoto Coefficient shows the number of validators (nodes) required to successfully slow down or prevent any particular blockchain from operating as intended. The higher the Nakamoto Coefficient in relation to the total number of validators, the less likely a decentralized blockchain is to be disrupted by collusion. Apart from DOT, Avalanche [AVAX] and Solana [SOL] made it to the top three on the list. (ambcrypto)
Bitcoin Network's Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging
Bitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128. The network’s difficulty is now at an all-time high. This means, on average, it takes 37.73 trillion hashes, or attempts, to find a valid bitcoin block reward and add it to the blockchain. (Bitcoin.com)
Markets: Bitcoin, Ether Little Changed After Weekend Surge; Solana, XRP Give Back Some Gains
Bitcoin and Ether prices were little changed in Monday morning trading in Asia. Several of the top 10 non-stablecoin cryptocurrencies took a breather after strong gains over the weekend on the back of signs inflation may have peaked in the U.S., leading investors to bet the Federal Reserve may begin to ease back on increases in interest rates. The total crypto market capitalization over the 24 hours fell 0.13% to US$979.6 billion, while trading volume slid 43.1% to US$47.1 billion. (forkast)
50 Things I Believe To Be True About Web3 in the Next 10 Years
The next economic depression and stock market crash has not yet hit. When it does, the smart money will be on crypto assets.
A Gambling Tycoon and Two British Lords Team Up for £10 Billion Crypto Lawsuit
In May last year, dozens of guests gathered at a cabaret club in London’s Soho district to celebrate the birthday of Calvin Ayre, an online gambling tycoon-turned-crypto evangelist.
Why Is Crypto Exploding Now?
Yesterday, January 14th, Bitcoin crossed the $20,000 price mark for the first time since the downfall of FTX around two months ago.
SEC Chairman Warns Most Crypto Will Fail — Says 'Don't Get Caught up in FOMO, Fear of Missing Out'
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that most crypto tokens will fail. He has urged investors not to “get caught up in the FOMO, the fear of missing out,” emphasizing that crypto is a highly speculative, non-compliant asset class.
DMCC Crypto Centre Surpasses 500 Member Companies in 2022
The presence of over 500 blockchain and Web3 firms inside the Dubai Multi Commodities Centre (DMCC)’s Crypto Centre shows that demand for space is still very high, a statement has said.
Solana Gains 40% As Crypto Market Continues Its Recovery
According to data by CoinGecko, SOL has gained 40% in the last 24 hours, sparking excitement across the entire Solana ecosystem. Although it remains unknown how long the altcoin can sustain such momentum, these significant price gains indicate an increasing positive sentiment from investors.
Europol Takes Down Crypto Call Center Fraud
European authorities announced the takedown of a fraudulent network of call centers that operated in Serbia, Bulgaria, Cyprus, and Germany, luring victims into investing large amounts of money in crypto schemes.
