Crypto
Bitcoin Miners Earned Record Fees in Q2 Amid BRC-20 Boom
Bitcoin miners saw a significant surge in earnings during Q2 2023, with transaction fees alone reaching a staggering $184 million, marking a remarkable 270% increase compared to Q1 and surpassing the total revenue generated in 2022. Such unprecedented growth can be attributed mainly to the recent upswing in Bitcoin’s value and the thriving market for […]
Hong Kong’s Crypto License Demands Haven’t Increased Jobs
In Hong Kong’s busy crypto space, something unusual is happening. Many crypto firms are competing to establish their services in the city. However, crypto-related jobs have not increased as expected. This situation has actually been observed by some of the biggest recruitment firms in Hong Kong. On June 1, around 150 firms rushed to get […]
Lawyers Claim MiCA’s Stablecoin Transaction Cap Hinders Crypto Adoption
MiCA legislation’s transaction limits may hinder stablecoin adoption, creating obstacles for the European Union’s crypto-asset markets. Deploying MiCA with its $216 million cap on stablecoins like USDT and USDC could hinder crypto growth unless modifications are made. This has led to suggestions for a revision of the framework. Many individuals within the crypto industry reacted […]