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Bitcoin Mining Operation for Pool Heating Sparks Debate at NYC Spa

23.6.2023
A Brooklyn-based bathhouse and spa sparked a debate after it revealed it was operating a small-scale Bitcoin (BTC) mining operation that heats its swimming pools. In a Wednesday Instagram post, Bathhouse revealed that its pools are heated with byproduct energy from Bitcoin mining. ... Read More:...

Curve pool imbalance triggers USDT depeg concerns: Finance Redefined

16.6.2023
The top 100 DeFi tokens had another bearish week, with the majority of tokens trading in the red

Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD

15.6.2023
The stablecoin pool ideally has a weightage of 33.3% of each USDT, USDC and DAI, however, on June 15, the USDT weightage rose above 70% in the pool

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...

As ETH stakers flock to Rocket Pool, InQubeta presale attracts more investors

8.6.2023
The Ethereum (ETH) ecosystem is abuzz with excitement as crypto enthusiasts explore new avenues for participation and investment. As the transition from Proof-of-Work to Proof-of-Stake through Ethereum 2.0 progresses, ETH stakers are actively seeking innovative solutions to maximize their earnings...

Ethereum Staked on Coinbase Sees Massive Redemptions, Over 27,000 Tokens Redeemed on June 6

8.6.2023
Recent statistics reveal that a significant amount of ethereum staked on Coinbase has been redeemed, with 27,280 tokens being redeemed on June 6. This development comes in the wake of the U.S. Securities and Exchange Commission (SEC) filing a lawsuit against Coinbase for not registering...

Bitcoin price chart flashes a bullish sign that could lead to breakouts in ADA, QNT, RNDR and RPL

4.6.2023
BTC’s chart is beginning to look bullish, and ADA, QNT, RNDR and RPL could rally if Bitcoin price breaks out to the upside

Rocket Pool to Integrate With Zksync Era, Offering Faster Speeds and Lower Transaction Costs

2.6.2023
According to Rocket Pool, a liquid staking derivatives provider, users will have the ability to liquid stake their ETH using the Layer 2 (L2) Zksync Era network. The company clarified that Rocket Pool liquid stakers utilizing Zksync Era will enjoy faster speeds and lower transaction costs. Liquid...

Bitcoin Mining Difficulty Surpasses 50 Trillion for the First Time, Reaching a Record 51.23 Trillion

31.5.2023
On Wednesday, Bitcoin reached a new milestone as its mining difficulty increased by 3.4% at block height 792,288, setting a fresh record. The difficulty level surpassed the 50 trillion mark for the first time in Bitcoin’s history, hitting an unparalleled 51.23 trillion. Bitcoin Mining...

Stargate community proposes removal of Fantom USDC pool to mitigate risks

27.5.2023
So far, a total of 1.7 million verified members of the Stargate community have voted in favor of the proposal

Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows

26.5.2023
Despite an upswing in mining difficulty on May 18, current data projects Bitcoin’s mining difficulty to see a further escalation on May 31, 2023—potentially jumping between 1.1% and 2.51%. Bitcoin’s Difficulty Nears 50 Trillion Milestone Bitcoin’s mining difficulty...

Liquid Staking Protocol Lido’s Defi Dominance Swells From 7% to 26% in 12 Months

25.5.2023
According to statistics, the liquid staking platform Lido accounted for 7.45% of the total value locked in decentralized finance (DeFi) a year ago today. Since then, Lido’s market dominance has significantly increased over the last 12 months to its current 26.18% share. Lido’s Market...

Fantom Foundation Removes $2.4M MULTI from SushiSwap Liquidity Pool

24.5.2023
The Fantom Foundation – the team developing the Fantom blockchain – removed millions of dollars in liquidity from a trading pool for the native token of Multichain on Wednesday, compounding concerns over the cross-chain bridging protocol’s stability

Dash Blockchain Halts, Binance Pool Suspends Mining Rewards

22.5.2023
The oldest privacy coin halted after a failed hard fork, the blockchain reportedly split in two

Lending Platform Atlendis Deploys Upgrade on Polygon, Opens $2M Lending Pool for Banxa

16.5.2023
Atlendis Labs is a blockchain-based credit marketplace that offers revolving credit lines for small and medium-sized businesses and fintech firms

Bitcoin’s recovery may trigger buying in these 4 altcoins

14.5.2023
While most coins are reeling under pressure, Bitcoin and select altcoins such as ADA, ATOM, LDO, and ARB are showing promise

Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks

13.5.2023
In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million. While Lido Finance dominates the market with 74.35% of the TVL, competing liquid staking protocols Rocket Pool and Frax Ether have recorded double-digit...