Does it still make sense to benchmark blockchains using transactions per second (TPS), or are there smarter alternatives in 2024? For years now, TPS, or transactions per second, has been the go-to metric for blockchain developers trying to hype up their snazzy new networks.  Compared to Bitcoins seven transactions per second maximum (usually closer to...Continue Reading

BTC price surpassed $72,000 in South Korea as the “Kimchi premium” widens, suggesting strong retail interest as the government mulls spot Bitcoin ETF approval. Bitcoin (BTC) price briefly reached a new high of 96,734,000 South Korean Won, or $72,504, on March 5, 3:00 pm (UTC), on Upbit, the largest cryptocurrency exchange in South Korea. This...Continue Reading

India primarily makes use of three blockchain platforms for the development of the products — Hyperledger Fabric, Hyperledger Sawtooth and Ethereum. Nearly eight million government-issued verifiable documents are currently hosted across five blockchains owned and operated by India’s National Informatics Centre (NIC), a government agency.  The NIC, which operates under India’s Ministry of Electronics and...Continue Reading

The SEC has already approved several spot Bitcoin ETFs in the U.S.; however, these ETFs are not allowed in the EU due to strict regulations. Instead, there are other alternative ways to safely invest in cryptocurrencies. After years of anticipation and over 20 rejected applications, the United States Securities and Exchange Commission finally approved a...Continue Reading

Mintable founder Zach Burks said that if the halving boosts user engagement, there would be an uptrend in NFT prices. As the much-anticipated Bitcoin halving looms closer, professionals working in the nonfungible token (NFT) space anticipate that the crypto milestone will not only affect crypto tokens, but may also positively impact the NFT ecosystem. Oscar...Continue Reading

OpenAI released emails between Elon Musk and members of its board over conversations about turning the company into a for-profit entity as the lawsuit between the two parties continues. OpenAI, the developer behind one of the world’s most popular artificial intelligence (AI) chatbots ChatGPT, has released a series of emails between its board members and...Continue Reading

United Kingdom policymakers are adopting a coordinated approach to establish regulations allowing cryptocurrencies, stablecoins and CBDCs to coexist. A coordinated approach between the Treasury, the Bank of England (BoE) and the Financial Conduct Authority (FCA) could help the United Kingdom develop regulations that allow cryptocurrencies, stablecoins and central bank digital currencies (CBDCs) to coexist. Cointelegraph...Continue Reading

The world’s largest cryptocurrency exchange also faced some performance issues last week. Binance, the world’s largest cryptocurrency exchange, has intermittently suspended withdrawals to the Solana network, due to “increased volume of transactions.” Binance expects to implement a solution and resume withdrawals starting March 9, according to a Binance announcement released on March 6. “Withdrawals on...Continue Reading

The new all-time highs marked the first time Bitcoin and gold hit new records simultaneously since the emergence of BTC. Bitcoin (BTC) posted a new price record on March 5, breaking above $69,200 for the first time in history. The historic moment in the Bitcoin community coincided with successful developments in traditional financial markets, with...Continue Reading

Bitcoin cancels its snap correction below $60,000 as the latest data shows traders willing to take a fresh bet on BTC price discovery. Bitcoin (BTC) is rapidly recovering from its $10,000 BTC price drop as wild volatility keeps up pressure on traders. Data from Cointelegraph Markets Pro and TradingView shows BTC/USD clawing back more than...Continue Reading