The DEX’s operating expenses currently amount to $5 million per year.
BTC price action is suffering from FTX, but decentralized blockchains are “as strong as ever,” says ARK Invest.
A Twitter user from the United Kingdom spent hours sending micropayments to strangers on the internet to demonstrate the Bitcoin Lightning Network.
Bitcoin mining difficulty has dropped by its biggest margin since July 2021 amid difficult conditions for miners.
While CBDCs will cater to local demands, cooperation between countries could facilitate and support the widespread adoption of readily-available stablecoins.
Saylor calls SBF the “poster child of the crypto world” while breaking down his antics, which ultimately brought the downfall of his empire.
On stage at AfroBitcoin, Strike CEO Jack Mallers announced plans to improve remittance payments into Africa thanks to the Lightning Network on Bitcoin.
Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 13.
The regulatory amendments will broaden the powers of the country’s financial regulator and put the crypto industry under tighter scrutiny.
Goldman Sachs executive Mathew McDermott said that their firm is already doing its due diligence on some crypto firms.