Search
Australian Lender Bendigo Bank Blocks “High-Risk” Crypto Payments
31.7.2023
Bendigo Bank, an Australian financial institution, has announced new rules targeting “high-risk” instant payments to crypto exchanges.
Announced Monday, the bank has blocked crypto transactions in a move to further enhance protection for the customers from fraud and financial crimes, Bendigo noted...
Australia's Bendigo Bank blocks high-risk payments to crypto exchanges
31.7.2023
Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges
Welcome to the era of blocks and mortar: Learning from the past
26.7.2023
So, the era of blocks and mortar is upon us. Grab your popcorn, because this is about to get really exciting
Bitcoin Network’s High Difficulty Levels Poised to Ease Amid Longer Block Intervals
24.7.2023
Upon achieving an unprecedented all-time high on July 11, 2023, soaring to a staggering 53.91 trillion, Bitcoin’s difficulty is poised to decline by an estimated range of 3.9% to 4.04% come July 26, 2023. Block generation periods have been lagging behind their typical ten-minute average...
Bitcoin block 800,000 mined — What’s next?
24.7.2023
Tick tock, next block. The Bitcoin network passed block 800,000 with less than a year to go to the next block reward halving
Another Big 4 Australian Bank Blocks Payments to ‘High-Risk’ Crypto Exchanges
19.7.2023
National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with certain scam-related crypto platforms. Australia’s NAB Bank...
Digital Art Platform Prohibition Taps Arbitrum to Democratize Generative Art
18.7.2023
Created by Web3 innovation studio Venture Punk, Prohibition allows any artist to create generative art on-chain, utilizing the Art Blocks Engine
Who Are the 81 Recipients of Snowfro’s Latest Squiggle Mint?
13.7.2023
The Art Blocks CEO isn’t selling a single one of his new NFTs. Instead, he’s giving them to individuals and communities that supported him and the platform’s genesis collection
Sotheby's to Launch On-Chain Generative Art Program Powered by Art Blocks Engine
28.6.2023
The first sale on July 26 will honor generative art pioneer Vera Molnar, who is considered to be the first woman in digital art
Judge blocks Bankman-Fried’s attempt to obtain key documents in fraud prosecution: Report
23.6.2023
The request was denied by U.S. District Judge Lewis Kaplan, who characterized it as a “fishing expedition” lacking justification
Bitcoin Network Gears Up for Fourth Surge in Mining Difficulty Amid Record Highs and Unwavering Miners
19.6.2023
The Bitcoin network has witnessed a consecutive surge in mining difficulty during the past three retargets, and now a fourth increase is slated for June 27, 2023. The block generation time, averaging less than ten minutes, indicates that the difficulty is projected to climb by an estimated 2.1%...
Bitcoin Mining Difficulty Reaches Unprecedented Highs Amidst Challenging Market Conditions
14.6.2023
On Wednesday, June 14, 2023, at block height 794,304, the Bitcoin network recorded its third consecutive mining difficulty increase since May 18. The mining difficulty climbed by 2.18%, bringing the overall difficulty to another unprecedented high at 52.35 trillion. Bitcoin Mining Difficulty Hits...
Irish data watchdog blocks Google from launching Bard in the EU: Report
13.6.2023
Google’s been forced to postpone the launch of its Bard AI service in the EU after Irish regulators accused it of failing to file the proper paperwork
Bitcoin Fees Decrease, But Over 257,000 Pending Transactions Await Confirmation
5.6.2023
Although the Bitcoin blockchain’s average transaction fees have decreased since surpassing $30 per transfer on May 8, there are still over 257,000 pending transactions awaiting confirmation. Furthermore, from May 1 onwards, the network has successfully verified anywhere from 355,000 to over...
Dash Block Production Resumes After Disruption Amidst Miner Complaints
23.5.2023
After experiencing a disruption while attempting to upgrade the Dash blockchain, the network has now resumed block production. As of the time of writing, 552 blocks have been confirmed since the incident. Despite the onchain resolution provided by Dash Core 19.1.0, individuals have expressed...
Bitcoin Transaction Backlog Shrinks, but Over 289,000 Still Await Confirmation
20.5.2023
Although Bitcoin’s network transaction fees have decreased and a portion of the unconfirmed transfer backlog has diminished, the protocol still grapples with over 289,000 transactions awaiting confirmation. As of this writing, more than 218 blocks must be processed to fully alleviate this...
Australian ‘Big 4’ bank begins trial for cryptocurrency payment blocks
18.5.2023
One of Australia’s Big Four banks announced efforts to combat crypto fraud activities aimed at reducing losses from scams
Cashtokens Take Center Stage Following Bitcoin Cash Upgrade: Over 26,000 Tokens Created
16.5.2023
Following the recent Bitcoin Cash upgrade on Monday, data reveals that approximately 1,308 fungible tokens and 25,336 non-fungible tokens (NFTs) have emerged on the blockchain. Moreover, the Cashtokens token ecosystem is now accessible through the blockchain explorers 3xpl.com and salemkode.com...
Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion
14.5.2023
In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the number of unconfirmed transactions reached an all-time high of over 500,000 transfers, causing a major backlog. However, as of today, that number has been reduced to 263,406. Currently...
Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts Network
13.5.2023
On Friday, Ethereum’s Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finalizing blocks. However, Superphiz, an Ethereum developer, emphasized that...