Category Archives: Blockchain News

Adidas Steps Into the Metaverse by Partnering With NFT Projects Bored Ape Yacht Club, Punks Comic

Adidas Steps Into NFT Projects

The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas AG is teaming up with the non-fungible token (NFT) brands the Bored Ape Yacht Club, and the comic series Punks Comic. Adidas revealed last week that the company partnered with Coinbase and believes the metaverse is one of the most “exciting” developments in […]

Data Shows a Myriad of Crypto Networks Are More Profitable to Mine Than Bitcoin

As the end of the year approaches, digital currency values have risen a great deal in 2021 and crypto asset miners have been profiting as a result. According to statistics, the most profitable coin to mine at the end of November is kadena, as an 18 terahash (TH/s) machine can get up to $326 per [...]

Multiple Mining Pools Are Facing Connectivity Issues

Major crypto mining pools including Binance Pool, F2pool, Poolin and ViaBTC are reporting connectivity problems, they said in their Telegram channels in the past 24 hours. The issue is caused by domain name system (DNS) “pollution,” Binance Pool and Poolin said on their Chinese Telegram channels. F2pool also said the pool’s domain name is not [...]

US City Sets Up Bitcoin ATM In Airport After Crypto Payment Adoption

North Dakota’s City of Williston continues its exploration and adoption of the cryptocurrency industry with the installation of a crypto automated teller machine (ATM) in its international airport. The city’s administration officially announced the installation of the “government-hosted cryptocurrency kiosk” at the Williston Basin International Airport, allowing passengers and non-travelers to buy and sell 40 [...]

Bitcoin Hits Latest All-Time High Close To $69,000 As Multiple Factors Drive Gains

Bitcoin prices have reached yet another record, flirting with the $69,000 price level as the digital currency benefits from numerous tailwinds. Around 9:15 a.m. EST, the digital currency rose to $68,990.90, CoinDesk data shows. Upon attaining this level, it had rallied close to 140% this year, additional CoinDesk figures reveal. After coming close to $69,000, [...]

Ethereum Price Hits New All-Time High After Altair Upgrade

The price of Ethereum, the second-largest cryptocurrency by market cap, has spiked over 10% in the last 24 hours to secure a new all-time high—just two days after eclipsing its previous record. The new all-time high for ETH is $4,416.05, according to data from CoinGecko. On Tuesday, October 26, ETH coasted to nearly $4,300 before [...]

Walmart Has Quietly Begun Hosting Bitcoin ATMs

Walmart, the world’s largest company by revenue, is letting customers buy bitcoin at dozens of its U.S. stores. Shoppers can purchase the cryptocurrency at Coinstar machines inside the retailer’s cavernous big box stores. A CoinDesk editor verified that the service works, buying a small amount of BTC at a Pennsylvania Walmart on Oct. 12. “Coinstar, [...]

Bitcoin Jumps To New High Above $66,000 After Landmark U.S. ETF Launch

KEY POINTS Bitcoin notched a fresh all-time high as investors cheered the successful launch of the first U.S. bitcoin futures exchange-traded fund. The world’s largest cryptocurrency previously set its record at $64,899 in mid-April. Bullish comments from legendary trader Paul Tudor Jones also boosted sentiment as the billionaire investor said he preferred crypto as an [...]

BTC’s Price Rise Gives 5-Year-Old Mining Rigs New Life

As bitcoin’s value has increased, the global hashrate has been steadily climbing higher week after week. On Sunday, the hashrate dedicated to the Bitcoin network is hovering just above the 155 exahash (EH/s) handle and bitcoin’s price has made a great number of mining rigs more profitable. Older generation mining rigs like Bitmain’s Antminer S9 [...]