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Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined

1.9.2023
DeFi exploits resulted in losses of over $16 million in August

Turbulence in Shibarium’s Debut: $1.7M ETH Stuck and a Crypto Whale Shifts the Tide

17.8.2023
On August 16, 2023, the Shiba Inu meme coin enthusiasts celebrated the unveiling of the second-layer (L2) blockchain, Shibarium. This platform is designed to bolster decentralized app growth while tackling Ethereum’s scalability and transaction fee challenges. Yet, even amidst...

Crypto staking rewards are taxable once received: IRS

1.8.2023
The U.S. tax department will be requiring taxpayers to count staking rewards as gross income at the time they gain "dominion" over the tokens

Ethereum Price Set to Reach $2,500 by Year-End, Predicts Finder’s Panel

28.7.2023
The price of ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is anticipated to hit a high of $2.7K before settling at around $2.5K by the end of 2023, according to the latest report from Finder. The report is based on predictions by a panel of 29 cryptocurrency...

Why Ethereum Ditching Mining Isn't Better for the Environment

28.7.2023

Bitcoin Mining Is an Oligopoly, and Proof-of-Stake Isn't Any Better

26.7.2023

ASIC Manufacturer Bitmain Unveils $38K Filecoin Mining Rig

22.7.2023
Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency filecoin (FIL). Similar to the company’s KAS Miner KS3, the new FIL miner carries a hefty price tag of $38,888 per machine. Bitmain Introduces On-Rack Filecoin Miner Bitmain announced...

The last Bitcoin: What will happen once all BTC are mined?

21.7.2023
According to some experts, miners will always be essential to the Bitcoin ecosystem, even after mining the last coins

Ethereum’s Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork

16.7.2023
Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the 710-day period that followed, the Ethereum network...

Chainlink ‘Proof of Reserve’ Proves Little Beyond Data Going In, Coming Out

5.7.2023
Projects like TrueUSD and Paxos are turning to Chainlink to give users transparency into their reserves, but their numbers remain difficult to verify

OKX Overcomes FTX-Related Concerns Around Crypto Industry to Expand Sponsorship With Man City

30.6.2023
Manchester City and OKX's other partners have been auditing the exchange's proof of reserves to ease concerns that it won't go the same way as FTX

Ethereum validators may have to stake 64X more ETH, devs discuss

19.6.2023
The proposal received mixed reactions from the crypto community, with some users stressing that it would make the network more centralized

Microstrategy’s Saylor Envisions Bitcoin-Only Future for Crypto Industry as US Regulators Hammer the Sector

15.6.2023
According to Microstrategy founder Michael Saylor, regulators perceive no “legitimate path forward” for cryptocurrencies such as stablecoins, crypto securities, and tokens. In an interview with Bloomberg on Tuesday, Saylor emphasized that the entire industry is bound...

Crypto industry 'destined' to be BTC-focused due to regulators: Michael Saylor

14.6.2023
The MicroStrategy co-founder believes crypto-related regulatory enforcement action will play in Bitcoin's favor

How Bitcoin can help secure proof-of-stake blockchain protocols

12.6.2023
Stanford University professor David Tse has pioneered a way to use Bitcoin as a means to secure proof-of-stake blockchains

Ethereum Validator Activation Queue Grows: 90,000+ Validators Waiting in Line

5.6.2023
Ethereum faces congestion for validators to enter and begin staking in the protocol. According to data from Wenmerge, an information dashboard, more than 90,000 validators are waiting to provide protocol validation services on Ethereum. This means a validator entering the queue today must wait more...

Quantum Computing Meets Blockchain: Scientists Propose New Version of Proof of Work Consensus – Future of Crypto?

2.6.2023
A newly published research paper from a team of researchers from Australian and American universities, in collaboration with quantum technology company BTQ, has proposed a new approach to the proof-of-work (PoW) consensus mechanism based on boson sampling. The proposed proof-of-work system, known...