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ASIC Heavyweights: These Are the Most Profitable Proof-of-Work Algorithms in 2023
24.5.2023
Eight months ago, there was a significant transformation in the realm of lucrative proof-of-work (PoW) mining algorithms when Ethereum made the transition from PoW to proof-of-stake (PoS). During that period, the prevailing consensus algorithms for mining were Kadena, Scrypt, and Cuckatoo32....
AI in the metaverse: How proof-of-identity provides human experiences
22.5.2023
As AI develops apace, concern about proof-of-humanity is growing
Proof of Talk: Gathering Web3’s Elite for a Unique Leadership Summit at Paris’s Louvre Palace in June
22.5.2023
PRESS RELEASE. Tickets are now on sale in limited quantities for Proof of Talk – www.proofoftalk.io, the highly anticipated gathering, poised to bring together the most influential thought leaders in the Web3 industry. This groundbreaking event will take place on June 14th and 15th at...
Texas Lawmakers Pass Proof-of-Reserves Cryptocurrency Bill
19.5.2023
The Texas legislature passed a bill this week requiring cryptocurrency exchanges to provide a “proof of reserves,” the latest move by the lone star state.
HB-1666, co-sponsored by state Republicans Rep. Giovanni Capriglione and Sen. Tan Parker, applies to digital asset service providers that...
Texas proof-of-reserve bill passes through the Senate
19.5.2023
The legislation would oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers.”
Bitcoin and proof-of-stake have natural ‘synergy’: Bitcoin Builders 2023
18.5.2023
Stanford University professor David Tsè said his team’s research had revealed a security property between Bitcoin and proof-of-stake protocols
Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards
18.5.2023
Many of the most well-known crypto firms are not adhering to basic governance standards, the findings of a Bloomberg survey have shown. Only 31 out of the 60 polled firms “currently procure a full financial audit or reserve attestations from an independent auditor.” Industry...
Ethereum Staking Needs Its (Honest) LIBOR
17.5.2023
Swell incorporates Chainlink Proof of Reserve
17.5.2023
Swell with immense pleasure in officially announcing having incorporated Chainlink Proof of Reserve (PoR) on Ethereum. This is to be able to ascertain the fact that the swETH tokens are supported by staked ETH on a 1:1 ratio. In the recent past, the entity had similarly declared the incorporation...
3 reasons why Lido DAO price jumped 40% in a week — Outperforming Bitcoin, Ethereum
16.5.2023
LDO price is well-positioned to gain another 50% by June based on a classic bullish reversal setup after Lido DAO rebounds 40%
9 Lessons DeFi Companies Would Be Wise To Learn From CeFi Companies
16.5.2023
While DeFi may be the wave of the future, the industry can still learn smart practices from leading CeFi companies
Coinbase Works to Fix Wallet Support for Ethereum Staking Withdrawals Stuck in Limbo
9.5.2023
According to Coinbase’s customer support, “Our systems currently do not support deposits to Coinbase ETH addresses from external validators… Funds may be stuck until we are able to support these transactions.”
PEPE Meme Coin Craze Spreads Wealth to Ethereum Validators Running Blockchain
8.5.2023
As risk-taking crypto traders sought to make tremendous profits off of surging prices for the suddenly-hot PEPE, a resulting surge in transaction fees brought a windfall to validators running the Ethereum blockchain
Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool
8.5.2023
Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved in transactions did not come from blacklisted addresses. Digital Currency Group, owner of CoinDesk, is an investor in Railgun...
VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time High
5.5.2023
A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project. On the same day the network...
CoinDesk Validator ‘Zelda’ Successfully Exits Ethereum as Withdrawal Queue Shrinks to 9 Days
3.5.2023
It took about 12 days for Zelda to fully exit the Ethereum blockchain. For any new staking withdrawal requests, the wait to get out has shrunk to nine days from 17 days
Ethereum whale population drops after Shapella — Will ETH price sink too?
2.5.2023
Ethereum's supply across whale addresses has dropped consistently since March 2020, offset by greater retail interest
Bitcoin Network Hits 75% Progress Towards Next Reward Halving
30.4.2023
At 11:06 a.m. Eastern Time (ET) on April 29, 2023, at block height 787,500, the number of blocks left to discover until the next Bitcoin blockchain halving is now fewer than 52,500 blocks. This means the network has progressed 75% through the 210,000-block halving cycle, which will ultimately...
NFT Collective Proof Is Building a 3D World for Its Moonbirds Community
27.4.2023
The Moonbirds Monaverse on 3D world-building platform Mona will let NFT holders participate in virtual community experiences
Crypto Innovation and Regulation Can Co-Exist, Top Industry Executives Agree
27.4.2023
In a wide ranging conversation, four crypto industry senior executives discussed what’s next in the digital asset market's evolution