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Multichain sees significant token drop amid ongoing transaction delays

0xMain
May 24, 2023

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The decentralized cross-chain protocol Multichain is grappling with severe transaction delays, causing its native token, MULTI, to plummet 29.4%, even as the team works on a resolution and reassures users of the safety of their funds. In recent developments, the native token for...

Crypto community reacts to bitcoin’s drop below the $27k mark

0xMain
May 22, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The broader crypto markets have been tumbling over the past month, with a more profound fall in the first week of May. As the markets fell, bitcoin (BTC) started...

Lemniscap reports 4.15% drop in average weighted asset price after of latest funding round

0xMain
May 9, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Lemniscap, an investment firm specializing in emerging crypto assets and blockchain startups, has recently experienced a 4.15% drop in its weighted average asset price as it helped Webb raise...

Ethereum’s withdrawals are rising amid price drop

0xMain
May 8, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The number of ethereum (ETH) withdrawals from exchanges has constantly risen over the past week as the asset’s price plunges from local highs. According to data provided by crypto.news,...

Bitcoin miner reserves drop by $58m in four days

0xMain
May 1, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On-chain data shows that bitcoin miners’ BTC reserves have dropped significantly in the past four days, with miners selling over 2,000 BTC worth $58 million. According to CryptoQuant on-chain...

Bitcoin miner revenue from fees declines amid a drop from $30k

0xMain
April 19, 2023

30K, Bitcoin, declines, drop, fees, Hacking, miner, revenue

Bitcoin (BTC) miners are witnessing a significant decline in revenue generated from transaction fees amid the asset’s drop from the highly-coveted $30,000 price point. This metric suggests that market participants are paying fewer transaction fees on the bitcoin network. The percentage of miners’...

Ethereum’s staked supply could increase while a price drop is expected

0xMain
April 11, 2023

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The Shanghai upgrade will allow the network’s validators to withdraw their staked funds by executing the Ethereum improvement proposal (EIP) 4895. The Shanghai Ethereum upgrade, also known as the Shapella fork, is expected to be implemented on April 12. With the upgrade coming,...

FDIC insists buyer of Signature Bank drop crypto operations

0xMain
March 16, 2023

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The federal deposit insurance corporation (FDIC) has demanded that the prospective buyer of New York-based Signature Bank relinquish all cryptocurrency operations, highlighting growing regulatory concerns around digital assets. The federal deposit insurance corporation (FDIC), a U.S. government agency responsible for protecting depositors, is...