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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...
Bitcoin Hashrate Drops 35% Intraday — Mining Difficulty to Drop by 23%
28.6.2021
Bitcoin’s hashrate experienced a large drop of almost 35% in a single day. The hashrate plummeted from 108 exahash per second (EH/s) yesterday to today’s 69 EH/s, seeing one of the sharpest declines in the network. This might be a consequence of the situation going on with miners...
Bitcoin’s Hashrate Recoups Some Loss, 2021’s Largest Mining Difficulty Drop Expected Next Week
27.6.2021
On Saturday, Bitcoin’s SHA256 hashrate managed to climb back above the 100 exahash per second region after it slid to a low of 91 EH/s three days ago. Meanwhile, in five days the network’s mining difficulty change is approaching and it could see the difficulty drop over 20%. Bitcoin...
Bank of Namibia Warns Crypto Traders It ‘Will Not Entertain Complaints’ if They Get Scammed
12.6.2021
The Bank of Namibia (BON) has warned individuals investing in cryptocurrencies that it will not entertain their complaints should they get scammed. The institution argues that since its mandate does not currently cover digital currencies, it lacks the “legal power” to follow up on such...
Bitcoin price due for break below $30K trader warns after 9% daily loss
8.6.2021
A breakout to avoid a fresh price dip would be a "miracle," says Crypto Ed as storm clouds gather for Bitcoin bulls
Defi Economy Lost $20 Billion This Week, Decentralized Exchange Volumes Still Sky High
20.5.2021
While crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week. Statistics show that the total-value locked (TVL) in defi touched $87 billion on May 11, and since then the aggregate total...
Nearly a quarter of unique Bitcoin wallets at a loss amid $15K price dump
19.5.2021
Bitcoin’s $15,000 price pullback over the last few days has caused the percentage of wallets underwater to exceed 23%
HIVE Blockchain sells Norwegian data mining center, citing loss of government subsidies
10.5.2021
Executive chair Frank Holmes described the sale as “unfortunate” but approved of the community continuing to find uses for the property
When Can We Expect Bitcoin's Biggest Loss in 2021?
5.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
One of the biggest changes in the crypto community in 2020 is the keen adoption of Bitcoin by institutional investors. Companies such as Grayscale and JPMorgan began to invest in Bitcoin when Bitcoin was trading...
Spartan Protocol exploit results in loss of $30M
2.5.2021
The price of SPARTA token plunged 30% on Sunday as details of the attack came to light
Japan's Fraudulent Composer Returns Years Later With New Music
21.4.2021
In 2014, it was revealed that Mamoru Samuragochi, who was called “Japan’s Beethoven,” was not actually deaf. What’s more, he also used a ghostwriter for music.Read more
Canaan reports $33M net loss for 2020 despite bullish Bitcoin price action
12.4.2021
The Bitcoin miner manufacturer recorded saw its year-on-year revenue tumble amid supply chain disruptions and a global chip shortage
In 2007, Video Game Memes Took A Dark Turn
10.4.2021
Memes. These days, they’re everywhere. They are the pillars upon which internet culture—and by extension, pop culture—stands. But once upon a time, memes dwelled in the internet’s dankest sewers, traded in the darkness by geeks, nerds, and outcasts. On this week’s Splitscreen podcast, we examine...
The Weight
8.4.2021
More than 20 years later, I can still remember my grandmother handing me the silver diet book with the cartoon cover and the sense that I needed to do something. I was probably around 13; the specifics have mercifully faded with time, but the cover and the feeling are burned into my brain. And...
South African Crypto Exchange Ceases Operations Less Than a Month After Suspending BTC Withdrawals
7.4.2021
A South African cryptocurrency exchange, Ice3x, announced on April 6, that it will permanently stop operations, less than a month after suspending bitcoin and litecoin withdrawals. Ice3x, which one of the oldest crypto exchange in that country, says it came to this decision after lawyers advised...
'No loss' lottery protocol PoolTogether among most utilized protocols in DeFi: Messari
24.3.2021
Since launching its V3 iteration in October, PoolTogether has paid out more than $750,000 in risk-free lottery returns
Bitcoin Breaks Key Support, Ethereum and Altcoins Extend Losses
16.3.2021
Bitcoin price extended its decline below the USD 58,000 support. BTC even broke the key USD 55,000 support level and declined towards USD 53,000. It is currently (05:30 UTC) recovering, but the bulls could struggle near USD 55,000 and USD 56,000.
Similarly, there were additional losses in most...
Bearish Outlook as Bitcoin’s Seven-Day Average Sinks 25%, ADA Shines During the Storm
28.2.2021
Digital currency markets have been bearish in recent days as prices have continued to sink lower. The entire market capitalization of all the crypto assets in existence is down over 8% on Sunday at $1.25 trillion. Bitcoin has plummeted from its all-time high (ATH) of $58,350 last Sunday...
No-loss lottery PoolTogether cracks 50 million in deposits after token airdrop
20.2.2021
The self-styled "savings game" is hoovering user deposits, leading to meaty lottery payouts
Clipping Scrollable Areas On The inline-start Side
19.2.2021
On a default left-to-right web page, “hanging” an element off the right side of the page (e.g. position: absolute; right: -100px;) triggers a horizontal scrollbar that scrolls as far as needed to make that whole element visible. But if …
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