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  • Bitcoin network hash rate hit a new record high amid price volatility

    Bitcoin network hash rate hit a new record high amid price volatility

    The hash rate of the Bitcoin (BTC) network hit a new ATH of 258 EH/s on Thursday, seeing a 400% increase since the mining ban by China last year. The recent rise in the BTC network hash rate signifies the growing number of miners on the blockchain.

    Bitcoin network also saw an increase in mining difficulty to new historic highs, reaching 29.70 trillion. A rise in the mining difficulty signifies that more miners are competing against each other to mine the next block.

  • Dragonfly Capital launches $650 million venture fund

    Dragonfly Capital launches $650 million venture fund

    The crypto-focussed investment firm Dragonfly Capital has announced closing its third fund with $650 million in capital.

    The focus areas of the firm’s third fund will be across all the stages of blockchain and crypto companies, protocols, and tokens that aim to develop “new digital economies.” Additionally, the new initiative is expected to enable Dragonfly Capital to lead rounds in later-stage companies.

  • LUNA supply drops to All-Time Low

    LUNA supply drops to All-Time Low

    The supply of LUNA, the native token of the Terra blockchain, fell to an all-time low level on Tuesday – a price-boosting dynamic that’s seen by crypto analysts as an indicator of how popular the project remains despite nagging concerns about its sustainability.

    LUNA’s circulating supply slid to 346 million, down from a high of 482 million last November. The liquid supply, the number of coins available on the market that are not locked for staking, dropped to 90 million for the first time ever.

  • DAR rises 78.06% after 24h

    DAR rises 78.06% after 24h

    DAR rises 78.06% after 24h

    DAR, the native token of the Mines of Dalarnia ecosystem, has increased by 78.06% with an explosive transaction volume of 649.11 million USD, an impressive number compared to the previous 10 days’ average of around 85.23 million USD.

    With this growth, DAR has officially reached the milestone of 93.06% increase after only 1 month and 132.47% increase after 3 months.

  • Google Trends study shows SHIB is the most popular crypto in the UK

    Google Trends study shows SHIB is the most popular crypto in the UK

    According to a report from askgamblers.com that analyzes Google Trends (GT) data over the last year, Bitcoin (BTC) is the most popular digital currency in Europe as it was the most searched crypto in 21 countries.

    While bitcoin (BTC) was the top crypto across Europe, SHIBA INU (SHIB) is the most popular cryptocurrency in the U.K. The meme token SHIB saw a significant increase in popularity during the last 12 months. The study’s findings show SHIB is huge in Russia, France, Spain, Ukraine, Italy, Hungary, and Switzerland, in terms of GT searches.

  • IOHK increases Cardano’s block size by 10%

    IOHK increases Cardano’s block size by 10%

    In a Twitter thread on April 25, IOHK made it clear that the block size increase from 80 to 88 kilobytes will significantly boost the performance of decentralized applications in the Cardano ecosystem plus increased throughput.

    This 10% increase represents a significant network enhancement which will help continue to increase throughput and dApp performance. It is the latest in a series of planned network optimizations IOHK is making to continue scaling Cardano throughout 2022.

  • GMT and GST sets new ATH

    GMT and GST sets new ATH

    After Coinbase announced listing GMT and GST, the two tokens of the move to earn STEPN project set new all-time highs.

    GMT rose from $3.3 to an all-time high of $4.11 on April 28th. Compared to the last 24 hours, GMT has increased by 20.53%. GST, STEPN’s second token, also rose from $5.4 to an all-time high of $7.09. Compared to the last 24 hours, GST has increased by 14.13%.

  • Polygon hits 19,000 dApps milestone, sixfold growth in half a year

    Polygon hits 19,000 dApps milestone, sixfold growth in half a year

    Polygon has hit a new adoption milestone with more than 19,000 decentralized applications (dApps) running on the network, a sixfold increase from 3,000 dApps in October, according to data from Alchemy, the world’s leading Web3 developer platform.

    Polygon PoS processed more than 3.4 billion total transactions, with over 135 million unique user addresses and upwards of $5 billion in assets secured.

  • Trader Joe announced launching NFT marketplace Joepegs on Avalanche

    Trader Joe announced launching NFT marketplace Joepegs on Avalanche

    Avalanche’s largest exchange, Trader Joe, will launch Joepegs, an NFT marketplace that delivers a range of core features, allowing users to list, trade, and mint NFTs from the get-go.

    Joepegs will provide users with LaunchPEG, an NFT Launchpad capable of supporting Dutch Auctions, Ascending Auctions, Flat Mints and Whitelists. LaunchPEG will support the most common minting method, ‘Flat Mints’. Collections will go on sale at a fixed price and continue until all NFTs have sold.

  • Whale accumulated 70 billion SHIB

    Whale accumulated 70 billion SHIB

    WhaleStats has spotted another massive SHIBA INU purchase made 13 hours ago as an anonymous whale purchases 70 billion tokens, which establishes SHIB’s position as the biggest position among Ethereum whales.

    The total USD-valued holding of SHIBA INU remains at $1.2 billion—the highest value of holdings since April.