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Bitcoin Shatters All-Time Hashrate Record at 698 EH/s as Miners Defy Market Challenges
10.10.2024
According to the latest network data, bitcoin’s computational power hit an all-time peak today on Oct. 10, 2024, reaching 698 exahash per second (EH/s). This new record surpasses the previous high of 693 EH/s, set on Sept. 8. Bitcoin’s Hashrate Skyrockets to 698 EH/s as Miners Surge Ahead...
L2 Scaling Challenges May Undermine Ethereum and Bitcoin’s Long-Term Security
6.10.2024
Ethereum and Bitcoin, two of the world’s largest blockchains, are facing significant challenges in scaling their networks. As more users and transactions move to layer two (L2) solutions, these systems could undermine the security and sustainability of the base layer (L1), with fees...
Russia-China Trade Grows Despite Global Challenges, Putin Highlights
2.10.2024
Russian President Vladimir Putin marked the 75th anniversary of the People’s Republic of China by praising the solid partnership between Russia and China. He emphasized the resilience of their economic relationship and increasing trade despite international challenges. Putin also highlighted...
Bitcoin miner claims judge, prosecutor, targeted firm with noise laws
1.10.2024
Bitcoin mining firm NewRays alleges that Judge Allen Dodson, prosecuting attorney Phil Murphy, selectively enforced noise legislation to target its business.
Celo Challenges Tron's Leadership in Active Stablecoin Addresses
26.9.2024
The CELO token has rallied nearly 20% in the past 24 hours
Ripple’s $125M SEC Fine; A Partial Victory Amid Challenges
23.9.2024
After a prolonged legal standoff with the U.S. Securities and Exchange Commission (SEC), Ripple Labs has been fined…
The Evolution of Stablecoins: Innovations and Challenges
16.9.2024
Introduction to Stablecoins Stablecoins have become a cornerstone of the cryptocurrency market, offering stability in a space known for volatility. […]
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Cross-Chain Interoperability: Challenges and Innovations
14.9.2024
Introduction to Cross-Chain Interoperability The blockchain ecosystem is becoming more complex and diverse, with different blockchains catering to specific use […]
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Ethereum Faces Challenges as Price Stagnates: Coinbase Report
13.9.2024
Ethereum (ETH) has recently struggled in comparison to its peers, according to a report by Coinbase Institutional. The analysis suggests that market dynamics, network activity, and inflationary factors are influencing the cryptocurrency’s current performance. Coinbase Institutional: Ethereum...
DOGS memecoin ease of access can be a ‘double-edged sword’
12.9.2024
Bitget CEO Gracy Chen believes that despite DOGS memecoin's record-breaking adoption, its ease of access for non-crypto natives may hinder its long-term success
Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls
11.9.2024
On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67 trillion. The news follows Bitcoin’s overall hashrate rising near the 700 exahash per second (EH/s) range when it tapped 693 EH/s. Rising Bitcoin...
Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops
6.9.2024
Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs
Environmental Impact of Cryptocurrency Mining: Challenges and Solutions
6.9.2024
Cryptocurrency mining has surged in popularity as digital currencies like Bitcoin and Ethereum have gained traction. While mining plays a […]
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$2,700 in 2025: Goldman Sachs Has ‘Highest Confidence’ in Gold Amid Market Challenges
4.9.2024
While gold dipped below $2,500 per ounce, Goldman Sachs commodity analysts remain optimistic, suggesting gold could experience a “potential gain of 8%” amid the “current softening cyclical environment.” Goldman market strategists are particularly confident in this precious metal, stating that,...
Top TON Coins Face Turbulent Week Amid Durov Arrest and Network Disruptions
31.8.2024
Over the past week, The Open Network (TON) ecosystem has encountered a series of setbacks due to a wave of unfavorable news. The turbulence began with the arrest of Telegram founder Pavel Durov, followed by two significant outages on the blockchain network that brought block production to...
Binance Research Report: Blockchain Could Transform Cross-Border Transactions
30.8.2024
Blockchain technology is set to transform the payments industry by tackling persistent issues in cross-border transactions. A detailed report by Binance Research suggests that incorporating blockchain into payment systems could substantially lower costs and speed up settlements, offering a...
Bitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump
29.8.2024
On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit more challenge for bitcoin miners, especially with hashprice values lingering at very low levels. Bitcoin Network’s...
Polygon faces challenges in maintaining gains
26.8.2024
Polygon’s MATIC has reached $0.5, but all sights are busy monitoring where the price moves on the chart.…
US Trustee challenges FTX reorganization plan, citing legal concerns
25.8.2024
The objections raised by the US Trustee and the creditor group are likely to play a significant role in the court’s deliberations
Binance Unveils Plan to Hire 1,000 Employees This Year, Prioritizing Compliance Amid Regulatory Pressure
24.8.2024
Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid increased regulatory scrutiny and ongoing legal...