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Software giant MicroStrategy has announced its first Bitcoin purchase of 2023, acquiring an additional 6,455 BTC for a total of $150 million. Key Details On the evening of March 27, MicroStrategy's Chairman Michael Saylor revealed that the company had made its first Bitcoin investment since December 2022.
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After a long wait, Polygon has officially launched the mainnet for its zk-Rollups solution, Polygon zkEVM. Notably, Ethereum founder Vitalik Buterin conducted the first transaction on this network. Polygon zkEVM: A Major Milestone The Polygon zkEVM network has been under development for the past year with the ambition of providing
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The decentralized exchange dYdX has recently announced a new milestone in the development of its V4 version. According to the project's announcement, 3 out of 5 major milestones for dYdX V4 have been completed. The project will launch its private testnet starting March 28, 2023, with the testing
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The cryptocurrency market has just wrapped up a week full of "crypto drama" where virtually anything that could happen, did. From macroeconomic news driving wild price swings; major airdrops; DeFi drama; new layer-2 rollouts; to legal issues from the SEC/US, and even the arrest of a top
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Almost 190,000 addresses still haven’t claimed their ARB airdrop, following a tense period of competing for rewards. 30% of Eligible Wallets Have Yet to Claim ARB Following Frenzied Airdrop According to Nansen, over 320 million ARB tokens remain unclaimed after a grueling airdrop process from the layer-2 solution
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In the latest adjustment, Bitcoin’s mining difficulty has surged by 7.56%, setting a new all-time high. Bitcoin Mining Difficulty Dynamics The graph shows Bitcoin’s mining difficulty (gold) and BTC price (black) alongside difficulty changes (green bars) from early 2018 to the present. Source: Glassnode On March 24,
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Tether, the issuer of the largest stablecoin USDT, is expected to report a profit of $700 million for Q1 2023, driven by the decline of other stablecoins in the market. Tether has teamed up with the world’s fifth-largest auditing firm to provide proof of reserves for USDT. Paolo Ardoino,
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In an unexpected move, Binance, the world’s largest cryptocurrency exchange, has suspended spot trading. Bitcoin's price is reacting mildly to this news. Update: Binance has announced that the issue with spot trading functionality has been resolved, and normal operations will resume at 9:00 PM on March
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The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against TRON founder Justin Sun, alleging the illegal sale of securities. SEC Sues Justin Sun, Claims TRX and BTT Are Securities. Image: Bloomberg Update March 23, 2023: On the morning of March 23, TRON founder Justin Sun issued
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Avalanche experienced a software issue with its node infrastructure, resulting in a nearly 3-hour halt in block production. C-Chain Block Production Stalled for Nearly 3 Hours According to data from the block explorer SnowTrace, Avalanche's C-Chain has not produced any new blocks since 06:26 AM UTC on
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USDT has been integrated into Telegram's @wallet bot, expanding crypto trading capabilities for users. Telegram Adds USDT Trading to Messaging Platform According to CoinDesk, as of the evening of March 22, Telegram users can now send USDT – the largest stablecoin by market capitalization – directly within the messaging app.
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Daily transaction volumes on the layer-2 solution Arbitrum have hit a new record as the ARB token airdrop event approaches. Daily Transactions on Arbitrum Surge to Record High Before ARB Airdrop According to Arbiscan data, daily transactions on Arbitrum have reached a new high of 1,312,052, surpassing the
