The PWN DAO Foundation, linked to the peer-to-peer lending protocol PWN, has released a comprehensive report analyzing user-incurred onchain fees within major blockchain networks and decentralized applications (dapps) for the past year. The 2023 analysis examines Ethereum, BNB Chain, Bitcoin, and layer two (L2) solutions, along with widely-used dapps such as Aave and Uniswap. The […]
Bitcoin Solidifies Lead Over Ethereum in 2023 — Dominates in Market Cap, NFT Sales, and Fee Generation
In the past year, the leading cryptocurrency, bitcoin, has eclipsed ethereum in multiple key areas. From the beginning of the year to date, the value of ether has diminished by 27.65% relative to bitcoin’s price, falling from 0.073 ether to its current level of 0.052 ether. Bitcoin Reigns Supreme in 2023, Outpacing Ethereum in Several […]
US Ambassador to Argentina Hails Bitcoin Miner’s ‘Genius’ Flared Gas Power Generation Plans
The U.S. Ambassador to Argentina, Marc R. Stanley, has lauded Unblock Computing’s bitcoin mining initiative for its innovative use of flared gas in generating electricity. Ambassador Stanley commended the plan for its dual benefits: aiding Argentina in achieving its climate objectives and promoting energy conservation. Argentina’s Climate Goals The United States Ambassador to Argentina, Embajador […]
Uptick in Token Generation Events Signals Market Shift
The behavior of the cryptocurrency market has changed, with a newfound interest in Token Generation Events (TGEs) and rapid listings, pointing to a potentially revitalized crypto market and an influx of new projects. Crypto Market Shifts Gears With Surge in Token Generation Events In a development in the token launch sector of the cryptocurrency market, […]
Greenidge Generation Settles Debt and Sells SC Bitcoin Mining Site to NYDIG
Greenidge Generation Holdings has successfully wiped out $ 21.8 million in secured debt and divested its South Carolina bitcoin mining facility to NYDIG. The firm detailed that the move enhances Greenidge’s financial stability and liquidity. Greenidge Generation Holdings Clears $ 21.8 Million Debt, Sells Mining Site to NYDIG On Wednesday, Greenidge finalized the …