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Bitcoinâs hash rate plummets to roughly 91 EH/s as Sichuan miners close up shop. Bitcoinâs (BTC) hash rate has fallen to its lowest levels since early November as mining operations in China start unplugging. Bitcoinâs network hash rate, a measure of its computational horsepower, has slumped 46% since its peak level in mid-May. According to Bitinfocharts, Bitcoinâs hash rate is...
Bitcoin is too slow when compared to Ethereum and other proof-of-stake networks, argued Cardano founder Charles Hoskinson. IOHK CEO and Ethereum co-founder Charles Hoskinson has argued that Bitcoin (BTC) sits at a significant competitive disadvantage due to its slow speeds and will be usurped by proof-of-stake networks. In a five-hour podcast with computer scientist and AI researcher Lex Fridman the...
The 2020 data breach of the hardware wallet company Ledger has taken yet another turn. Scammers are sending fake hardware wallets to people whose data was gathered via a third-party data breach. These fake wallets contain hardware designed to steal the userâs crypto. The scam is an ambitious one. First appearing in May, the scammers mailed packages that contained a...
What is ethereum max? Here's what we found after some quick research into Kim K's new favorite (?) crypto. On Monday morning, Kim Kardashian posted this Story to her more than 210 million Instagram followers: Plenty of celebrities and influencers have promoted cryptocurrency and blockchain projects over the years, including huge names like DJ Khaled and Paris Hilton. But Kim...
Getting A Foot In The ICO Market Crypto is one of the most hotly discussed areas of investment ,and the up-down of many key coins is leading to a lot of media attention. Despite volatility, coins just continue to gain value, and even CNBC has highlighted the rebound of Bitcoin and Ethereum from relatively large losses over recent times. This...
The comments provide a first benchmark for reinstating bitcoin payments at Tesla. Tesla will resume accepting bitcoin (BTC, +8%) as payment once the cryptocurrencyâs power-hungry miners go halfway green, CEO Elon Musk tweeted Sunday. The news appears to have driven the price of bitcoin and other cryptocurrencies up. Musk halted Teslaâs months-old crypto foray in mid-May citing environmental concerns. But...
The SEC has warned that âinvestors should understand that Bitcoin, including gaining exposure through the Bitcoin futures market, is a highly speculative investment.â The U.S. Securities and Exchange Commision (SEC) has warned investors about the risks of Bitcoin futures trading â citing market volatility, a lack of regulation and fraud to name a few issues. In a June 10 Investor...
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Federal law "does not contain any exception" for decentralized finance markets, Dan Berkovitz said. Unlicensed decentralized finance (DeFi) markets may be illegal in the U.S., a top commodities regulator said Tuesday. DeFi markets for derivative instruments â meaning futures contracts, for example â may not be legal under the Commodity Exchange Act, a U.S. law that governs such products and...
The 225-year-old auction house joins larger rivals Christie's and Sotheby's in offering the ability to pay in crypto. British auction house Phillips will accept ether (ETH, -10.5%) and bitcoin (BTC, -9.66%) in an upcoming auction of artist Banksyâs âLaugh Now Panel A,â estimated to be worth between US$2.8 million and $4.1 million. As reported by the South China Morning Post...
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