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Block Earner spared penalty in regulator’s crypto yield suit
4.6.2024
The Australian federal court relieved Block Earner from paying a penalty after an Australian regulator’s legal action over unlicensed crypto yield-bearing products
Linea blockchain halt highlights slow decentralization of Ethereum L2s
3.6.2024
Linea said it halted the sequencer as a “last resort” action to prevent additional funds from bridging out but intends to decentralize in the near future
Bitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023
1.6.2024
After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not seen since October 2023. In April, miners generated $1.79 billion, whereas May’s figures show a considerably lower revenue of approximately $964.24...
US House Votes to Block Federal Reserve’s Digital Dollar Plans
24.5.2024
The US House on Thursday approved a bill that prohibits the Federal Reserve from issuing a digital dollar, or central bank digital currency (CBDC), without explicit authorization from Congress.
The post US House Votes to Block Federal Reserve’s Digital Dollar Plans appeared first on Cryptonews
Bitcoin Difficulty Rises 1.48% Reaching 84.38 Trillion at Block 844,704
23.5.2024
Bitcoin’s mining difficulty increased by 1.48% at block height 844,704, reaching 84.38 trillion. This adjustment aligns with Bitcoin’s overall hashrate exceeding the 600 exahash per second (EH/s) mark. Bitcoin Network Difficulty Increases by 1.48% On May 23, 2024, at block 844,704...
American Bankers Association Urges House Leaders to Block Fed’s CBDC Plans
21.5.2024
The American Bankers Association (ABA) on Monday urged House leaders to back a bill that would stop the Federal Reserve from creating a CBDC for individuals and using it for monetary policy tools.
The post American Bankers Association Urges House Leaders to Block Fed’s CBDC Plans appeared...
Block Subsidiary, TBD, Partners With Chipper Cash for Quicker, More Affordable Remittances
17.5.2024
TBD, a subsidiary of Block, owned by Jack Dorsey, has formed a partnership with Chipper Cash, an Africa-focused fintech company. This partnership aims to expedite consumer remittances and make them more affordable. According to a statement, Chipper Cash plans to use the decentralized exchange...
Forget memecoins, Bitcoin is driving the bull run — NBX Warsaw
15.5.2024
The success of Bitcoin ETFs and the influence of the Bitcoin halving is having a significant impact on cryptocurrency markets
Layer-3 network Degen Chain hasn’t produced a block in 53 hours
15.5.2024
Degen Chain says it’s working to resolve an issue that has seen its network stop producing blocks for more than two days
Korean VAS provider Infinite Block joins as new XRP Ledger validator
14.5.2024
The new XRP ledger validator is keen on diversifying the XRPL system and providing XRP-based services to business organizations. The Korean financial regulatory authority approved the Infinite Block as a provider of virtual assets. Very few business organizations, like Infinite Block, got approval...
Paradigm Unveils 'Block Trading' Facility for MATIC, SOL, XRP Options
14.5.2024
Crypto OTC liquidity network Paradigm on Monday announced a block trading facility for linear options tied to MATIC, SOL and XRP. Trades facilitated by Paradigm will be submitted to Deribit for execution and clearing
New daily Runes etched on Bitcoin falls 99% from post-halving peak
14.5.2024
Only 157 new Runes were etched on Bitcoin on May 13, which contributed to just $3,835 in transaction fees paid to Bitcoin miners
Korea’s Infinite Block Joins as XRP Ledger Validator, Bolstering Global Ecosystem
13.5.2024
Infinite Block, a Korean virtual asset service provider, has announced its participation as a validator in the XRP Ledger (XRPL) blockchain. This move is expected to bolster the XRPL ecosystem within Korea’s unique regulatory environment. Infinite Block aims to provide XRPL and XRP services...
Bitcoin whale wallets move $61M in BTC after a decade of dormancy
13.5.2024
The two wallets acquired a total of 1,000 Bitcoin more than 10 years ago — when BTC was worth $134 each
Zilliqa battles back-to-back network disruptions amid latest upgrade rollout
10.5.2024
Following a series of network disruptions, Zilliqa has restored network functionality and is focused on debugging amid its v9.3.4 network upgrade
Bitcoin’s Ordinals, Runes key to solving the mining subsidy problem: ViaBTC
10.5.2024
Each Bitcoin halving sees Bitcoin miners rewarded with a smaller block subsidy, but ViaBTC is optimistic that innovative Bitcoin applications will more than cover these needs, as Satoshi Nakamoto envisioned
Jack Dorsey’s Block to raise $1.5B in senior notes offering
6.5.2024
Fitch Ratings notes that Block has used convertible debt for external funding since its IPO and is well-positioned to exploit the growth in payments and consumer financial services
Bad actors and ‘block storms’ — Bitcoin dev calls for testnet reboot
6.5.2024
Bitcoin’s testnet needs to be reset so it can remain free for developers to use, says software engineer Jameson Lopp
Bitcoin reaches one billion transactions
6.5.2024
An average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence
Epic Satoshi Spurs Launch of New Runes Tokens With $88M Market Cap
5.5.2024
According to onchain data, the ‘epic satoshi’ sold for 33.3 BTC has been inscribed, now linked to a freshly minted Runes protocol coin named “EPIC•EPIC•EPIC•EPIC.” The newly introduced EPIC runes tokens have already commenced trading, achieving...