PRESS RELEASE. In a rapidly evolving digital landscape, the crypto industry stands as a beacon of innovation and opportunities. AX1 takes a deep dive into this dynamic world, focusing on the pivotal role of Trust Wallet in the DeFi and DEX sectors. The research offers a rounded perspective on the regulatory landscapes steering the crypto […]
Since the inception of the Bitcoin blockchain by Satoshi Nakamoto, the network has diligently processed in excess of 800,000 blocks. An examination of data from 99 distinct mining pools, spanning the previous 14 years, reveals that unidentified mining participants discovered 28.37% of the network’s total blocks. Trailing not far behind, F2pool secures the second position, […]
At the time of writing, the official Paypal stablecoin PYUSD smart contract has been unveiled, and as it stands, the maximum aggregate supply amounts to 26,905,005.66 PYUSD. In spite of the existence of more than 26 million Paypal stablecoins, the contract continues to retain a substantial 92.91% of this supply. Concurrently, the Paxos Treasury wields […]
In under 280 days, Bitcoin’s blockchain will undergo its fourth reward halving event, slicing the block subsidy from 6.25 BTC to 3.125 BTC. The crypto community is abuzz with chatter, contemplating how these substantial decreases in block rewards will transpire over the ensuing two decades, and speculating on how miners will cope with the impending […]
In a circular released by the Capital Markets Authority of Kuwait, the regulator reaffirmed its position that Kuwait strictly prohibits the use of virtual currencies and bans mining activities within the Gulf state. The authority also emphasized the importance for businesses to inform customers about potential “risks that may arise” with dealing with crypto assets […]