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Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving
20.5.2020
Bitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees going forward. According to data from Coinmetrics, miners have collected...
Bitcoin-Backed Ethereum Token tBTC Paused Due to Poorly Tested Redemption Code
20.5.2020
A bug in tBTC meant the dapp couldn't tell different bitcoin addresses apart, the team has disclosed
45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving
17.5.2020
On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are...
Comparing Social Media Outlets for Developer Tips
15.5.2020
As a little experiment, I shared a development tip on three different social networks. I also tried to post it in a format that was most suitable for that particular social network:
On Twitter, I made it a thread.
On Instagram, I made it a series of images.
On YouTube, I made it a video.
How...
Crypto Derivatives Exchange FTX Launches Bitcoin Hashrate Futures
15.5.2020
On Friday, Cryptocurrency derivatives exchange FTX launched a hashrate futures tool that allows Bitcoin (BTC) miners to hedge against mining difficulty risk. Hashrate, the amount of processing power dedicated to a Bitcoin network at a given time, determines the strength and security of the network....
WTF is a Static API
15.5.2020
Just like there is a movement to make more websites (and more of websites) from pre-rendered static files (Jamstack), so to might we consider moving content-based APIs to be static. Sean C Davis:
A static API is simply a collection of flat JSON files that live on a content delivery...
Bitcoin Cash Upgrade Complete: 3 New Features Added to Consensus Rules
15.5.2020
Today, at precisely 9 a.m. ET on May 15, 2020, the Bitcoin Cash network completed another upgrade adding a few new features to the blockchain. The latest upgrade comes with new opcode support, a chain limit extension, and the improved counting of signature operations using the...
Bitwala Launches Bitcoin Interest Account With up to 4.3% Annual Rate
15.5.2020
Neobanking service provider Bitwala on Thursday introduced a new account that offers its 80,000 European customers passive bitcoin (BTC) income. The Bitwala Interest Account allows users to earn up to 4.3% interest per annum for BTC held at the bank. According to the Berlin-based company, account...
Bitcoin Network Sees a Massive Mining Pool Shift Following the Halving
14.5.2020
Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively...
IOV Labs Takes on Lightning Network With New Light Client
13.5.2020
IOV Labs, which builds platforms secured by bitcoin’s hash rate, launched Wednesday a light client for the Lumino Payments Network, its smart contract-compatible rival to the lightning network
2 Days After the Bitcoin Halving: Network ‘Remains Strong,’ Higher Fees, Bullish Sentiment
13.5.2020
On May 11, 2020, the Bitcoin network completed it’s third block reward halving and the network seems to be chugging along just fine. However, it may take a while longer to see the halving’s effect on the mining industry and right now bitcoin transaction fees have risen exponentially....
A Closer Look at the Bitcoin Network’s Post-Halving Hash Rate
13.5.2020
Bitcoin network hash rate experienced some decline, but the first difficulty adjustment post-halving will still see a positive adjustment
Telegram Drops TON Cryptocurrency Project After US Prohibits Global Distribution
13.5.2020
Popular messaging app Telegram has shut down its TON cryptocurrency project. Telegram founder Pavel Durov explains that a US court has stopped his TON project and prevented the gram cryptocurrency from being distributed to investors, not just in the US but globally. Telegram Discontinues...
1000 WBTC Minted Today on Ethereum Dwarfs Entire Lightning Network
13.5.2020
A single transaction today has created more Wrapped Bitcoin on the Ethereum network, than the total amount of BTC locked in the Lightning Network
Cambodia’s New DLT Payments Network Aims to Undermine US Dollar
13.5.2020
The director-general of the National Bank of Cambodia revealed that the central bank’s DLT payments platform will go live by the end of the year
Bitcoin Network Is at Peak Health Post-Halving, Report Shows
12.5.2020
A report indicates that despite concerns over mining after the halving, the health of the Bitcoin network remains excellent
Breaking: Telegram Abandons Telegram Open Network and GRAM Tokens
12.5.2020
Telegram CEO announces the end of Telegram Open Network and Gram following regulatory battle
Telegram Abandons TON Blockchain Project After Court Fight With SEC
12.5.2020
Telegram CEO Pavel Durov says the company is abandoning its TON blockchain project after losing an initial court fight with the SEC
China’s BSN Aims to Reclaim Financial Data From Tech Giants
12.5.2020
Research Fellow Martin Chorzempa argued that China’s blockchain strategy is entirely focused on domestic objectives during Consensus
Here’s Why Exchanges Haven’t Integrated Bitcoin’s Lightning Network
12.5.2020
On Sunday, Lightning Labs CEO Elizabeth Stark explained why exchanges have been hesistant to integrate Bitcoin’s Lightning Network