After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm further revealed a 20% increase in its annual sales compared to the previous year. Dubai Bitcoin Miner Phoenix Group Records Substantial Increase in Year-on-Year Sales […]
NFT sales have experienced a 3.74% increase compared to the previous week, totaling $ 236,234,800 over the past seven days. The latest rise defies the pattern of consecutive weeks marked by declining NFT sales. NFT Sales Climb Higher, Defying Recent 2-Week Downtrend The top-performing NFT collection in terms of sales this week was Bitcoin’s …
Amidst escalating transaction fees, Ethereum’s Vitalik Buterin has suggested a substantial gas limit increase, potentially boosting network capacity and reducing user expenses. Ethereum’s Vitalik Buterin Advocates for Higher Gas Limit to Improve Network Capacity Ethereum ecosystem co-founder Vitalik Buterin has proposed an increase in the network’s gas limit. This adjustment, aimed at augmenting network capacity, […]
A recent analysis indicates that Changpeng Zhao, Binance’s former chief, experienced a near $ 25 billion surge in his estimated wealth in 2023, while Coinbase’s Brian Armstrong enjoyed a $ 5.8 billion increase. Yet, topping the list was the elusive Satoshi Nakamoto, whose purported net worth rose by $ 26 billion this …
Adam Back, CEO of Blockstream and legendary cryptographer, has acknowledged that inscriptions, media embedded directly on top of Bitcoin, cannot be stopped, stating that any action focused on this will only prompt users to do it in “worse ways.” Instead, Back proposed adding a new blob of data to Bitcoin blocks dedicated to inscription purposes. […]