CRYPTO NEWS

Abu Dhabi to Host Inaugural Middle East Blockchain Awards

Dubai, United Arab Emirates, 5th October, 2022, Chainwire The first edition of the Middle East Blockchain Awards will be held in Abu Dhabi in November 2022, to recognise and reward outstanding efforts within the fields of blockchain and Web 3.0 innovations. Hoko Agency Middle East will host the Awards, in association with Abu Dhabi Global Market’s flagship platform, Abu Dhabi Finance Week; and the Middle East, Africa and Asia Crypto and Blockchain Association (MEAACBA).   Frontrunners in the industry will be recognised through the Middle East Blockchain Awards (MEBA), with…

Read More

Tezro Users Can Now Swap USTC For TezroST Via Android At $1 Exchange Rate

Tezro has announced that USTC token holders can now exchange USTC for TezroST, which is Tezro’s official shopping token backed by Tether (USDT). The exchange rate will be $1 per USTC token, and it is now possible for users to successfully swap USTC for TezroST on Android at the same rate. Moreover, users can even buy limited NFT Tezro T-shirts in addition to also having the opportunity to win $100,000. How does it work? The only requirement for the users to take advantage of this new feature is to download…

Read More

Bitcoin Long-Term Holder Supply Reaches An All-Time High Of 13.7M – ARK Invest Report

Ark Invest published its monthly Bitcoin report, detailing several bullish signs for the asset and the general market. It notes that Bitcoin is in oversold condition, and the asset might have reached a strong bottom, pointing to Bitcoin’s short-term-holder cost basis crossing below the long-term-holder equivalent for the first time since late 2018. Bitcoin’s long-term holder supply reached an all-time high of 13.7 million BTC, accounting for 71.5% of the outstanding supply. Ark Invest has released its monthly Bitcoin report, and some of the statistics in the report indicate a…

Read More

Bitcoin Miner Greenidge Seeks to Raise $22.8 Million in Class A Common Stock Proposal

The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 million, according to a U.S.Securities and Exchange Commission (SEC) filing published Wednesday. According to the prospectus disclosing information, the New York-based Greenidge conducted a sales agreement with the investment firms B. Riley Securities and Northland Securities. Bitcoin Miner Greenidge Generation Looks to Raise $22.8 Million via Stock Offer According to a prospectus supplement SEC filing, Greenidge Generation is looking to raise $22,800,000 from a sale of class A common stocks. Greenidge entered a sales agreement with B. Riley…

Read More

Cozy Web3 Movement: Cozies announces minting of Cozies NFTs for October 10th

New York, United States, 6th October, 2022, Chainwire Cozies, an immersive community-driven movement promoting a “Cozy” culture of living, has announced its first-ever Cozies NFT release is minting for October 10th at 10 am EST on its Cozies.io website. Inspired by lo-fi anime aesthetics, sci-fi, and streetwear culture, the Cozies collection is made up of ERC721A 10,000 NFTs, each intentionally crafted to reflect a Cozy futuristic reality.  As a Web3-native well-being brand, Cozies is aiming to empower and encourage NFT owners to expand on their character’s stories after they go…

Read More

Talent Protocol supports the next generation of builders through the acquisition of Agora Labs

Lisbon, Portugal, 5th October, 2022, Chainwire Talent Protocol, the web3 professional community for high-potential builders, has acquired Agora Labs, a social token and NFT infrastructure platform for creators to build and scale their communities. The acquisition will not only integrate Agora’s tech stack and community into Talent Protocol, but also onboard its young talented founders, Matthew Espinoza (CEO) and Freeman (CTO) into the team.  Despite being only a year old, Talent Protocol saw this acquisition opportunity as another way of working towards its mission of supporting the builders of tomorrow.…

Read More

Despite Market Downturn: Bitcoin’s Hashrate Hits New High, What Now?

Despite the market downtrend and over 70% price drop since the last peak, Bitcoin’s hashrate has exploded. Data from crypto analysis firm Glassnode indicates that the largest cryptocurrency network has a new record hashrate. The recorded value is 242 exahash per second over the past seven days. Bitcoin’s price seemingly follows the news. According to CoinMarketCap’s chart, Bitcoin has rebounded to the $20,000 area, an increase of 3% in the last 24 hours and over 5% in a week. Bitcoin’s Hash at New All-Time High It’s possible that the correspondence…

Read More