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3 reasons why Bitcoin Standard Hashrate (BTCST) price rallied by 50%
19.7.2021
BTCST earnings per staked token increased after China cracked down on Bitcoin miners and the network’s hashrate dropped
Bison Trails provides infrastructure support to Provenance blockchain
13.7.2021
The Provenance Blockchain Foundation launched its new, open source proof-of-stake blockchain in May. Shortly thereafter, parent company Figure Technologies announced a $200 million Series D funding haul
ClayStack raises $5.2M for liquid staking protocol
13.7.2021
“We believe ClayStack has developed an efficient solution that addresses the shortcomings of present-day liquid staking protocols,” said CoinFund Founder and CEO Jake Brukhman. CoinFund was among several blockchain venture firms to participate in the raise
Ethereum's 2.0 upgrades aren't the game-changer that could bring more users
11.7.2021
Ethereum might be the darling of the blockchain world, but it’s likely that the awaited Eth2 will not attract wider mainstream adoption
3 reasons why Ethereum exchange reserves are falling to new lows
8.7.2021
Ethereum held in exchange reserves reached a new low after a surge in Ether staked in Eth2 and the approach of the long-awaited London hard fork
As Miners Leave Bitcoin in Droves, Space Allocation Dedicated to Filecoin and Chia Surges
5.7.2021
While a large quantity of hashrate has stopped dedicating resources to the Bitcoin network, a great number of alternative mining ecosystems are swelling with new participants. China’s ASIC exodus has ignited a significant increase in demand for accessing storage power on both Filecoin...
London fork enters testnet on Ethereum as difficulty bomb sees delay
3.7.2021
As Ethereum’s London upgrade launches on the Ropsten testnet, mainnet anticipation for stakers and miners increases
Bitcoin Cash ABC rebrands to ‘eCash’, embraces proof-of-stake — and 2 decimal places
2.7.2021
Bitcoin Cash ABC has rebranded to “eCash,” redenominated its token, and launched a proof-of-stake consensus layer
JPMorgan report: Eth2 could kick-start $40B staking industry by 2025
2.7.2021
CEO Jamie Dimon may not support crypto, but two JPMorgan analysts say proof-of-stake coin yields are attractive investments in this zero-rate environment
3 reasons why analysts are turning bullish on Curve Finance (CRV)
1.7.2021
Attractive yields for stakers, protocol revenue and competition among DeFi protocols have analysts pointing to a bullish long-term view for Curve Finance
Ethereum 2.0 approaches 6 million staked ETH milestone
30.6.2021
ETH 2.0 now has 10x more staked Ether to power its proof-of-stake mechanism than the Ethereum Foundation required at launch six months ago
Infinity Nodes: Proof-of-Burn Time-Variant Reward System for Data Storage
30.6.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
In June 2019, SINOVATE released the first-of-its-kind technological feature which exploits the power of the Proof-of-Burn (PoB) mechanism called Infinity Nodes. In 2020, the AURORA release pushed...
China crackdown shows industrial Bitcoin mining a problem for decentralization
30.6.2021
The great hash rate plunge caused by an exodus of miners from China shows large scale Proof-of-Work mining facilities are vulnerable to regulation
Myriad Proof-of-Work Blockchains See Significant Hashrate Losses
29.6.2021
While there’s been a lot of concentration on bitcoin mining crackdowns in China and Bitcoin’s recent hashrate loss on Monday, many other digital assets have seen hashrates drop significantly as well. Some of the largest digital currencies, in terms of market valuation, lost considerable...
Three Ethereum Testnets Are Transitioning to the Highly Anticipated London Upgrade
22.6.2021
According to a blog post on the Ethereum Foundation’s website, three Ethereum testnets leveraging the London hard fork will go live during the next few weeks. Ethereum core developer Tim Beiko explained last Friday that the “upgrade will first go live on Ropsten, at block 10499401...
Senator Warren Calls Out Bitcoin’s Energy Consumption — Bitcoiners Bite Back
10.6.2021
U.S. Senator Elizabeth Warren criticized Bitcoin and cryptocurrencies yesterday in a Banking Senate Subcommittee hearing. In the hearing, Warren criticized the energy consumption that Bitcoin and other proof-of-work (PoW) cryptocurrencies need to operate. Warren also thinks cryptocurrencies are...
Arrington Capital to back Algorand projects with $100M growth fund
10.6.2021
“The Arrington Algorand Growth Fund represents yet another key strategic pillar in supporting the momentum of those building on top of what we think is the best technical platform for regulated DeFi and the future of finance,” said Sean Ford, COO of Algorand
Solana Aims to Raise $450 Million to Battle Ethereum Supremacy
8.6.2021
Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy...
'Fiat-Like' Proof-of-Stake Chains Favor Centralization & Rich Players
5.6.2021
In crypto, consensus often results in controversy. Sure, consensus mechanisms themselves obviously result in agreement concerning transactions, yet when it comes to picking the ideal mechanism for a particular chain or cryptoasset, the crypto community as a whole is very often in disagreement.
One...
Vitalik Buterin Says People Difficulties Not Technical Difficulties Slowed the Ethereum 2.0 Rollout
3.6.2021
The cofounder of Ethereum, Vitalik Buterin, recently discussed the highly anticipated full transition from a proof-of-work (PoW) consensus model to proof-of-stake (PoS) as its replacement. Buterin admitted at Hong Kong’s Startmeup HK 2021 Festival that the transition was taking too long...