The Redmond company could be fined as much as 1% of its annual revenue if it doesn’t respond by May 27. Microsoft faces a fine in the European Union of up to 1% of its annual revenue if it doesn’t respond to a request for information by May 27. The threat stems from a request…
Bitcoin’s total fees have dropped to a three-month low. Due to this, miners’ revenue derived from fees has declined. Bitcoin [BTC] network fees have fallen to a record low as the Layer 1 (L1) transaction volume continues to decline. In a post on X (formerly Twitter), on-chain data provider IntoTheBlock noted that transaction fees on…
The 2024 bull run has arrived, and with it, a fresh chance for emerging cryptocurrencies to claim their spot in the spotlight. Beyond the familiar giants of the market lie coins with remarkable potential, quietly gaining momentum and poised for significant growth. This article peeks into the realm of these ambitious players, unveiling which ones…
The head of blockchain analytics platform CryptoQuant thinks Bitcoin (BTC) is only halfway through its current bull cycle. Ki Young Ju tells his 346,000 followers on the social media platform X that BTC’s market cap is growing faster than its realized cap, a trend he says tends to last around two years. The realized cap…
According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this reduction in foreign exchange reserves might be China’s strategic move to leverage its holdings against the United States. China’s Treasury Holdings Drop Dramatically, Raising Red Flags for U.S. Markets China has significantly…
Advertisement     All eyes are on the United States Securities and Exchange Commission (SEC) for approving the Ethereum exchange-traded funds (ETFs). Following the groundbreaking approval of spot Bitcoin ETFs earlier this year, the anticipation for Ethereum ETFs is palpable, with major investment firms waiting for confirmation. BlackRock Leading the charge is BlackRock, the…
Genesis Global has been given the green light by the bankruptcy court to start a payout plan that will give back almost 97% of its assets to its creditors. The decision was made after the court found that the Amended Plan proposed by Genesis is suitable for confirmation, thus allowing the disbursement of billions in…
Interoperability giant LayerZero’s ongoing self-reporting effort to combat Sybil attacks has revealed more than 800,000 sybil addresses. According to LayerZero, the self-reporting process was carried out in tandem with a rigorous analysis with risk management platform Chaos Labs and blockchain analytics firm Nansen. The sybil self-report phase has now concluded. Each self-reported address will receive…
Advertisement     Zeebu has achieved a remarkable milestone by surpassing the $2 billion mark in total payment volume. This achievement highlights the telecom industry’s enthusiastic adoption of cutting-edge blockchain solutions. This accomplishment represents a crucial milestone for Zeebu, showcasing its substantial influence in the industry and its position as a frontrunner in embracing…
This year, there are a lot of tokens in the altcoin market with promising capabilities for gains and there are also startup tokens that are gleaming with potential to disrupt the market they’re tapping into. While some of the most savvy investors eye Tron (TRX) coin and Polkadot (DOT) token due to recent developments in…