Total Ethereum mining revenue reached $1.37 billion in February — a new record, according to data from The Block.  Ethereum mining revenue grew 65.1% between January and February. During that time, transaction fees grew 122.1%. Ethereum mining revenue often features a relatively high ratio of trans...
Goldman Sachs is reigniting its bitcoin trading desk operation, according to people familiar with the move.  The move, reported earlier by Reuters, comes as bitcoin's price flirts once more with $50,000. The bank first launched a bitcoin desk — which cleared futures and traded non-deliverable forwar...
Given the current economic backdrop, investors might want to start considering adding bitcoin to their portfolio, argues Jurrien Timmer, the director of global macro at Fidelity Investments. In a note titled "Understanding Bitcoin," Timmer — a 26-year veteran of the asset management giant — said tha...
US banking giant Citi has authored a new report which suggests bitcoin could become “an international trade currency” as it evolves. The report, entitled “Bitcoin: At the Tipping Point”, charts the evolution of bitcoin from a form of payment to its current status as a store of value. The authors for...
The government of China's Inner Mongolia region is seeking for public feedback on a regulation proposal, which includes plans to shut down all crypto mining farms in the area. The Inner Mongolia Development and Reformation Commission (DRC) published a proposal last week on various regulatory measure...
Last week brought the first bearish weekly close for Bitcoin since mid-January. After dropping over 25%, the week closed near $45,200 - just over 21% below its opening price. [Trade with up to 100x leverage on KuCoin Futures] Meanwhile, the altcoin marketcap lost nearly $160 billion in value, dropping from approxim...
The adjusted, monthly on-chain stablecoin volume hit a new high in February, rising above $360 billion for the first time. As expected, the volume figures were dominated by Tether (USDT). USDT saw 63.5% of the volume, with 18.7% going to USD Coin (USDC) and 9.6% to DAI.  USDT also saw its most-ever...
Furucombo, a drag and drop tool for users to create DeFi transactions, has been exploited. The exploiter has stolen roughly $14M in ETH and ERC-20 tokens. According to The Block Research's Igor Igamberdiev, the exploiter used a fake contract to trick Furuсombo into thinking that Aave v2 had a new im...
Crypto exchange data collected by The Block Research shows monthly traded volumes surpassing $1 trillion in February, a new record. As of February 27, the monthly volume figure stood at $1.05 trillion. That represents an increase of $143.9 billion — or 15.9% — from January when the previous monthly ...
Crypto giant Kraken has been offering refunds to traders hit with heavy losses as a result of a sharp dip in the price of Ether (ETH) on the exchange earlier this week. The price of ETH on Kraken fell to $700 on February 22, significantly below its low point on other major exchanges. With investors ...

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