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Erratic Processing Power: Bitcoin’s Hashrate Gains 45% in a Day, Then Loses 41 Exahash
11.11.2020
Seven days ago Bitcoin’s network difficulty saw the largest drop in nine years as it slid over 16% last week. Similar to the crypto asset’s price, the hashrate has been extremely volatile according to statistics. After dropping to 111 exahash per second (EH/s), the network hashrate...
Gemini Exchange Building ‘Wrapped Filecoin’ for the Ethereum Network
10.11.2020
Gemini is calling on developers who want to assist the effort to bring the FIL token to Ethereum
Grin Network Victim of 51% Attack, Unknown Miner Commands 58% of the Hashrate
10.11.2020
The privacy-centric cryptocurrency network Grin (GRIN) has been the victim of a 51% attack according to a number of reports. Allegedly an unknown entity gained control of over 57% of the network hashrate on Saturday. According to the Grin website, the team is recommending people wait...
Binance.US Joins SEN, Silvergate’s 24/7 Crypto Trading Club
9.11.2020
Binance.US has joined the Silvergate Exchange Network (SEN), a 24/7 instant settlement network operated by Silvergate Bank
Grin network hit with 51% attack while GRIN token remains resilient
8.11.2020
An unknown mining group currently controls more than half of the Grin blockchain’s hashing power
Swiss Bank Sygnum Begins Storing Crypto With Taurus Group, Launches Staking Service
6.11.2020
The Switzerland-based bank Sygnum has announced this week that the fintech firm is now storing digital assets with the company Taurus Group. On Friday, the bank also revealed that the FINMA-approved firm’s clientele can purchase and stake XTZ by leveraging the Tezos network. Earlier this...
Bitcoin Cash-Fueled Onchain Social Media Platform Memo Launches iOS App
6.11.2020
Two years ago, an onchain social network called memo.cash was launched and the application has developed quite a bit since then. On Tuesday, the Memo team revealed that the platform is now available for iOS phones via the App Store. Apple users can now connect to the social network that etches...
Lightning Operators Are Bracing for a Bitcoin Bull Run
5.11.2020
Lightning routing node operators are preparing for the horde of new users that will come in bitcoin's next bull run
Finoa Partners with SKALE Network to Provide Custody Support
5.11.2020
Digital asset management firm Finoa has announced a partnership with Ethereum based BaaS platform SKALE Network. In a tweet on Wednesday, Finoa stated that it would provide institutional class custody solutions to the SKALE token, SKALE Network’s native cryptocurrency. We are pleased to announce...
Hash Watch: Bitcoin Cash Services Reveal Contingency Plans for Upcoming Fork
5.11.2020
The Bitcoin Cash blockchain is set to upgrade on Sunday, November 15 and it’s still expected that the network will bifurcate. So far, a number of crypto services have revealed contingency plans for the fork, and today’s data shows that 754 out of 1,000 bitcoin cash blocks were mined...
Razor Network Raises $3.7M to Prove There’s Room for More Oracles in DeFi
4.11.2020
Razor Network raised $3.7 million in seed funding from NGC Ventures, Alameda Research and Mariano Conti, the former oracles chief at MakerDAO
Bitcoin Network’s Mining Difficulty Sees Largest Epoch Drop Since 2011
4.11.2020
Bitcoin’s mining difficulty saw the second-largest drop in history on Tuesday, as the difficulty dropped to 16.78 trillion, losing a touch over 16% since last week’s all-time difficulty high. The last time bitcoin’s mining difficulty dropped so low was in October 2011, when...
Russian Alfa-Bank joins HSBC-backed blockchain trade finance network
3.11.2020
A major global blockchain trade network welcomes one of Russia's largest banks
CertiK dissects the Axion Network incident and subsequent price crash
3.11.2020
Auditors see foul play in the deployment of the smart contract, resulting in a classic scam
Bitcoin’s Lightning Network Is Getting a Marketplace for Payment Channel Liquidity
2.11.2020
Lightning Labs new service, Pool, provides a marketplace for Lightning Network businesses and users to lease payment channel liquidity
Uncollaterized Power: A Makerdao Governance Vote Was Swayed by a Defi Flash Loan
2.11.2020
The Makerdao and the stablecoin DAI has been a popular project in the decentralized finance (defi) space and it’s also had its share of problems. This week the project called Bprotocol leveraged a defi flash loan in order to sway a Makerdao governance vote. The development team behind...
Lightning Network Exploits Continue to Hinder the Bitcoin Scaling Solution
1.11.2020
While bitcoin has run-up to all new price highs in 2020, a great number of crypto supporters have been complaining about the mempool backlog and the high fees needed to send a transaction. Meanwhile, the Lightning Network is far from seeing widespread adoption, and a number of attack vectors have...
KPMG Expands Crypto Management Suite to Boost Institutional Adoption
29.10.2020
KPMG’s cryptocurrency management suite has expanded with the company’s integration of Coin Metrics’ products. KPMG’s new tools are “designed to enable the increasing institutional adoption of cryptoassets.” KPMG Enhances Its Crypto Management Suite KPMG...
Yearn Finance Founder Andre Cronje’s New Defi Token KP3R Soars 3,600% 24 Hours After Launch
29.10.2020
Yearn Finance founder Andre Cronje’s new defi token called KP3R has soared more than 3,600% in just over 24 hours after official launch, as yield farmers pour in millions of dollars into the project. The token opened at just $10 on Uniswap on Oct. 28, but is currently trading at $373.58,...
Kraken CEO: ‘Defi Scams’ Must Take Their Losses as Way to ‘Enlightenment’
29.10.2020
Jesse Powell, chief executive officer of the world’s fourth-largest crypto exchange Kraken, has criticized decentralized finance (defi) projects, accusing them of being “scams” that enter the market too quickly, unprepared. In a charged Oct. 26 tweet, Powell said...