TeraWulf increases self-mined BTC in Q2, while Hut8 looks to USBTC merger
U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in Q2.
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MakerDAO increases DAI yield in a bid to boost demand
The Enhanced Dai Savings Rate is based on DSR utilization, and could boost the stablecoin yield as much as 8%.
Twitter rival Mastodon active user base increases by 100+k
A day after Twitter implemented new restrictions on the number of posts users can view, the rival platform Mastodon reported a major increase in traffic numbers.
Blockchain and crypto leaders converged at DAO Tokyo as Japan increases adoption
Japan has taken strides of late to adopt and integrate decentralized technologies within both government and businesses.
Israel’s central bank says CBDC could be issued if stablecoin use increases
The Bank of Israel does not want private companies taking over the digital payments system in the country.
Argo increases Bitcoin production despite BTC difficulty growth
Argo’s daily Bitcoin production rate in February surged 7% despite a 10% month-over-month increase in average network difficulty.
Bitcoin price liquidation risk increases as BTC struggles to reclaim $18K
Leveraged long margin traders are playing with a hot potato, and with BTC struggling at $17,000, they might get burned sooner than later.
Still growing — Armenian mining operator increases power plant capacity
As cryptocurrency mining operators look for new locations, an Armenian firm has added an additional 60MW cloud hosting facility based at a local power plant.
Nigeria aims for millions of new eNaira users as it increases features, targets unbanked
Nigerian Central Bank governor Godwin Emefiele told attendees at the eNaira Hackathon that technical upgrades will add to the attractiveness and accessibility of the CBDC.
Number of DAOs increases 8X along with spike in votes and proposals
The total number of DAOs has increased dramatically over the past 12 months along with their participation rates, but it may not mean decentralized governance is catching on.