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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
Bitcoin’s Third Halving Complete: Reward Cut Surprisingly Faster Than Previous Time Estimates
11.5.2020
The Bitcoin blockchain has experienced its third block reward halving on May 11, 2020, at approximately 3:21 p.m EST, even though quite a few countdown clocks estimated that the halving would occur on May 12. Bitcoin miners now get 6.25 BTC per block rather than the 12.5 BTC they acquired before...
Bitcoin Transaction Costs Soar 400% Amid Halving Hyperbole
11.5.2020
The average transaction cost for Bitcoin (BTC) soared 414% in the days before the halving, peaking at $3.19 on May 8, from as low as $0.62 on April 26. This is the highest price bitcoiners have paid for a transaction on the network in ten months, according to data from Bitinfocharts. Fees are paid...
Unprofitable Miners Already Leaving Bitcoin Network Ahead of BTC Halving
11.5.2020
The halving is just a few hours away — and many miners are already shutting their soon-to-be unprofitable rigs, says Poolin VP Alejandro De La Torre
Zcash Alliance Aims to Bring Privacy Tech to Bitcoin, Cosmos and Ethereum
11.5.2020
Zcash-inspired privacy tools are coming to Bitcoin's Lightning Network and many other blockchain ecosystems, creating a shared cryptocurrency privacy layer
DBS Bank Joins Global Blockchain Network to Digitize Trade Settlement
11.5.2020
Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process
Loom Network Responds to Rumors of the Project’s Demise
11.5.2020
Representatives from the Loom Network have clarified that, though they have pivoted to an enterprise solution, the project remains active
Quantitative Hardening: Dissecting the Third Bitcoin Halving, 3 Key Data Points to Watch
10.5.2020
In a touch more than 24-hours time, the third bitcoin halving will take place on May 12, 2020, on or around 9:50 p.m. ET. Miners will see their revenues slashed in half from 12.5 coins to 6.25 BTC after the halving and speculators wonder what will happen after the event. Currently, according...
Is Bitcoin’s Lightning Network Ready to Replace Altcoin Use Cases?
10.5.2020
For many, Bitcoin’s (BTC’s) Lightning Network (LN) is viewed as a way for the world’s most popular cryptocurrency to enable faster, cheaper payments. While many altcoins, such as Bitcoin Cash (BCH) and Litecoin (LTC), have specifically focused on low transaction fees for smaller cryptocurrency...