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Zcash Creator Zooko Wilcox to Step Down as CEO of Electric Coin


  Zooko Wilcox, the creator of the privacy-oriented blockchain network Zcash, is stepping down as CEO of Electric Coin Co., the primary developer behind Zcash. Wilcox has served as the project’s leader since its creation in 2015. The decision was made by the Board of Directors, which...

Echoes of 2013: Bitcoin Mining Concentration Reaches Decade-High Levels


In the past 72 hours, Antpool has dominated 26.48% of Bitcoin’s overall hashrate, closely followed by Foundry USA at 24.95%. Together, these two mining pools wield 51.43% of the prevailing 502 exahash per second (EH/s) total hashrate. This level of concentration in bitcoin mining pools...

Celestia Price Prediction as TIA Surges 13% – A New Market Favorite?


TIA Chart / Source: TradingView The native token of the Celestia protocol TIA has continued its bullish run this week, with the token printing fresh record highs on Tuesday to the north of $13.1. TIA has jumped more than 40% since Monday’s lows in the mid-$8.0s on optimism about an announcement...

Meme Coin Rebel Satoshi Smashes Through Round 1 Presale in 10 Days


PRESS RELEASE. Rebel Satoshi, the meme coin on a community-driven mission to unite the silent majority and secure a $100 million market cap, has smashed through its first two fundraising rounds and attracted $500,000 since November 5th. The Early Bird Round sold out in 3 weeks with Rebels Round...

Bitcoin’s Difficulty Drops for First Time Since September


The latest figures reveal that on Dec. 9, 2023, at block height 820,512, Bitcoin experienced a 0.96% decrease in its difficulty rating. This decline marks the first since Sept. 19, 2023, interrupting a streak of six successive difficulty hikes. Concurrently, Bitcoin’s total hashrate...

HTX Sees $258 Million in Net Outflow Since Resuming Operations Last Month


Source: YouTube / CNBC Justin Sun-linked crypto exchange HTX has seen $248 million in net outflow since resuming operations after a major security breach last month. The breach resulted in the loss of $30 million worth of crypto tokens and prompted HTX to temporarily halt withdrawals and deposits....

Do Kwon to be Extradited to the United States: Report


Terraform Labs’ founder, Do Kwon, is set to be extradited to the U.S. following months of speculation, according to a report from the Wall Street Journal released Thursday. “Not excluding that kind of possibility” Kwon has been imprisoned in Montenegro since authorities caught...

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