SUI Price Crashes 10% Amid Blockchain Outage

Este artículo también está disponible en español. The Sui network has ceased block production for over two hours, leading to a sharp decline in the token’s price. Data from suivision and suiscan indicate that block generation stopped at 09:15 UTC today, and the network has yet to resume normal operations. This marks the first major outage for the project, a blockchain praised as “Solana killer.” SUI Price Crashes Following Network Outage Members of the community have suggested that issues with validators might be the cause of the disruption. Validators, critical…

Digital Currency Group’s Barry Silbert Bets Big on AI Blockchain Bittensor

“If you ask five people: ‘What is Bittensor?’ You will get five different answers,” Silbert, a cryptocurrency OG investor and evangelist, said in an interview. “If you remember early bitcoin, some people would say it’s money, some people would say it’s gold. Some people would say it’s this blockchain […] The way that I look at Bittensor is as the World Wide Web of AI.” Source

FDUSD Stablecoin Launches on Sui Blockchain

Rebeca Moen Nov 20, 2024 14:36 First Digital introduces its stablecoin, FDUSD, as a native token on the Sui blockchain, expanding DeFi options and showcasing institutional confidence in Sui’s growing ecosystem. First Digital has expanded its stablecoin offerings by launching the FDUSD stablecoin as a native token on the Sui blockchain. This development provides decentralized finance (DeFi) users with an additional option, further enhancing the ecosystem’s diversity, according to Sui Foundation. FDUSD Joins Sui’s Stablecoin Roster FDUSD joins a growing list of…

Argo Blockchain shares plunge 19% on weaker Q3 revenue compared to 2023 levels

Argo Blockchain reported a 28% decline in Q3 revenue year-over-year, reflecting continued challenges in the crypto mining space. Bitcoin (BTC) mining firm Argo Blockchain reported wider losses for Q3, with quarterly revenue of $7.5 million, down from $10.4 million a year earlier. In its Q3 earnings report released on Nov. 20, the firm revealed that total revenue for the first nine months of 2024 was $36.7 million, a slight increase from $34.4 million in 2023. The firm mined 123 BTC during the quarter, averaging 1.3 BTC per day. Mining margins…

Nexbridge Brings US Treasuries to Bitcoin Blockchain With USTBL Offering

Nexbridge, a digital asset issuer, has introduced USTBL—a regulated gateway for investors to tap into U.S. Treasury returns through blockchain technology. Anchored on Blockstream’s Liquid Network, the offering leverages the firm’s Asset Management Platform, aiming to ensure streamlined compliance and bolstering transparency. The issuance kicks off with a soft cap set at $30 million. Blockstream’s […] Original

Mercado Bitcoin Launches MBRL Stablecoin on the TRON Blockchain, Pegged to the Brazilian Real

PRESS RELEASE. São Paulo, November 18, 2024 – Mercado Bitcoin (MB), the largest digital asset platform in Latin America, announces the launch of MBRL stablecoin on the TRON blockchain. The MBRL stablecoin presents an innovative means of payment that combines the trust and stability of Brazilian fiat currency with the utility and ease of tokenization. […] Source CryptoX Portal

Driving Towards the Future: LETSTOP Rewards Safe Driving with Blockchain Innovation

PRESS RELEASE. With technology reshaping every aspect of our lives, LETSTOP stands out as a groundbreaking innovation, blending road safety with blockchain rewards. As the first-ever app to reward users for safe driving, LETSTOP is a movement to transform driving behavior and create safer roads for everyone. Why LETSTOP is a Game Changer LETSTOP is […] Source CryptoX Portal

Exploring Real Estate Tokenization: An Innovative Blockchain Approach

Terrill Dicki Nov 18, 2024 09:42 Real estate tokenization is revolutionizing the property market by leveraging blockchain technology to enhance liquidity and transparency, making investments accessible to a broader range of investors. The global real estate market, valued at $9.8 trillion in 2023, is anticipated to reach $14.5 trillion by 2030, growing at a compound annual growth rate (CAGR) of 6% from 2024 to 2030. Despite its significant size, the industry faces challenges such as illiquidity and the need for substantial capital,…

Bitcoin Price Could Soon Break $100,000, Blockchain Firm Explains How

Este artículo también está disponible en español. The Bitcoin price continued its red-hot form over the past week, printing successive all-time highs in less than five days. While Donald Trump’s success at the United States elections might have kickstarted the recent rally, the growth of the premier cryptocurrency — and the general crypto market — seems to have developed a life of its own.Interestingly, the market has been left wondering where the next market top is, with some pundits and commentators believing that the BTC price rally has come to…