Uncategorized

Bitcoin mining difficulty hits record high of 92.67 trillion amid falling miner revenues

Bitcoin mining difficulty climbed 3.6% on Sept. 11 to reach an all-time high of 92.67 trillion. CryptoQuant showed that the increase comes as miner profitability continues declining, further putting pressure on the firms struggling since April’s halving event. Bitcoin mining difficulty Bitcoin’s mining difficulty adjusts every two weeks after the completion of 2,016 blocks, designed […]

Uncategorized

Crypto AI Sector Boosted by the FET Price 27.7% Hike, Under the Radar Token Will Double It Soon

The artificial intelligence (AI) cryptocurrency sector has grown tremendously, with major tokens like Artificial Superintelligence Alliance (FET) leading the charge. Over the past week, the price of FET surged by 27.7% to $1.42, energizing the broader AI-focused crypto market.  This upswing has drawn attention to established players and emerging projects with significant potential, like RCO […]

Uncategorized

Tether Poses Major Audit Risks

Renowned advocacy organization Consumers’ Research raised concerns about Tether, criticizing the USDT stablecoin issuer for exposing users to significant risks due to its business model. Despite these concerns, Tether has recently emerged as one of the most profitable crypto companies globally, reporting massive quarterly profits. Consumers’ Research Slams Tether for Audit Risks In a letter […]

Uncategorized

CCP Games Rebrands Web3 Survival Game as Eve Frontier

Eve Online creator CCP Games has officially renamed its upcoming blockchain-based game—formerly known as Project Awakening—to Eve Frontier. The game is being developed on the Ethereum ecosystem, utilizing its layer-2 network, Redstone, which is built on Optimism technology. With Eve Frontier, CCP Games is integrating blockchain-based features like tokenized economies and player-driven infrastructure, marking its […]