Crypto Mining Company Bit Digital Has Over 33k Miners and Mined 53.4 Bitcoins in May
Bit Digital produced 53.4 Bitcoin in May, a decrease of 29.9% over the previous month.
Litecoin Get’s Delisted From Crypto Exchanges Because of a Privacy Feature
Two large South Korean exchanges announced that they would delist Litecoin because of new privacy features provided by the protocol.
The Fourth Largest Stablecoin is Coming to Cosmos – DAI
Cosmos will soon have the industry’s fourth largest stablecoin. This is a result of a collaboration between Umee, a cross-chain protocol, and the Maker team.
Custodia The Crypto Bank Founded by Caitlin Long Sues The Fed For long Delays
The suit is centered on the Fed’s 19-month delay reviewing the application of the crypto bank. This process typically takes about a week.
The CEO of Unity John Riccitiello Says Web2 Websites Will Transition to Metaverse Destinations by 2030
John Riccitiello is the CEO of Unity, a leading 3D engine provider. He predicts that the internet will be part of the metaverse within the next few years. According to Riccitiello, most websites will soon be metaverse destinations. This prediction will likely happen by 2030. Riccitiello said that legacy sites will be available at the same time.
Paypal – New Services which Allow Users to Send Crypto From Wallet to Wallet
PayPal, a payments firm, has added new functionality to its crypto app.
Bitcoin Mining Difficulty Could Drop Again in a Matter of Days
Bitcoin miners could get another break as tomorrow’s expected reduction in mining difficulty will give the network a boost. The difficulty adjustment algorithm (DAA), which adjusts Bitcoin’s difficulty, changes every two weeks. During the last DAA update, the difficulty dropped by 4.33%. At 235 exahash/second (EH/s), the DAA is currently lowered by 0.51%.
Are Tokenized Gold Crypto Projects About to Explode? 2 Projects See Huge Growth
One ounce of fine golden was worth $1,790 an ounce 15 months ago. Since then, its value has increased by 3.51% to $1,853 per troy ounce. The top two tokenized coins of gold have seen significant growth, despite gold’s rising value. Pax gold (PAXG) has seen its market capitalization increase by 407% since February 26, 2021. Tether’s XAUT valuation has risen 248% since that date. The market capitalizations of PAXG and XAUT together amount to just under $1 billion.
Jane Fraser – The CEO of Citigroup States Europe is More Likely to Go into a Recession Than The US
Jane Fraser, Citigroup CEO, warns that a recession in Europe is more likely than in the U.S. However, she said that the U.S. can’t avoid a recession.
Ant Group Which is Part of Jack Ma’s Alibaba Launches Digital Bank in Singapore
Ant Group, China’s biggest digital payment platform Alipay has opened a neobank here.
