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The historic upgrade casts aside the miners who had previously driven the blockchain, with promises of massive environmental benefits. The massive overhaul ofEthereumknown asthe Mergehas finally happened, moving the digital machinery at the core of the second-largest cryptocurrency by market value to a vastly more energy-efficient system after years of development and delay. It was no small feat swapping out...
The bump in mining difficulty comes as hashrate remains strong, despite bitcoinâs price edging downward. On-chain datashows that bitcoinâs mining difficulty has crossed an all-time high with its latest jump, the second in two weeks. Bitcoinâs mining difficulty increased by 3.45% at block height 753,984 to 32.05 trillion hashes. This is the second significant recent increase. On Aug. 31, the...
Pierre Poilievre won the leadership race by a landslide and plans to make Canada the âblockchain capital of the world.â Canada's Parliament (Flickr/Reading Tom) The Conservative Party of Canada (CPC) elected pro-Bitcoin Ontario Member of Parliament, Pierre Poilievre, as the partyâs new leader on Saturday â and it wasnât even close. Poilievre garnered over 68% of the conservative vote, miles...
The FWB co-founderâs latest creation will act as an incubator, venture capital firm, and record label all in one. Cooper Turley speaking with fellow crypto music influencer Blockchain Brett at a satellite event for BTC 2022 in Miami. (Danny Nelson/CoinDesk) Cryptocurrency influencer and NFT song collector Cooper Turley is spinning up a $10 million fund to invest in artists and...
Laura Mercurio has previously worked with BlackRock, Merrill Lynch, and Deutsche Bank. Blockchain Australia, the nation's industry body advocating for appropriate regulation and policy, has appointedLaura Mercurioas its new CEO, the organizationannounced on Wednesday. Mercurio succeedsSteve Vallas, who led Blockchain Australia for two years at a time when the nation signalled a new approach toward crypto adoption. Australia's new government,...
The SharkBot malware family was first discovered last October and has continued to evolve with new ways to hack into usersâ Android-based crypto and bank apps. The SharkBot malware family was first discovered last October and has continued to evolve with new ways to hack into usersâ Android-based crypto and bank apps. A newly upgraded version of a banking and...
A high-profile cryptocurrency trader that uses film star Matt Damon in its advertising mistakenly transferred almost $10.5million to aMelbournewoman. Crypto.com launched legal action against Thevamanogari Manivel and her sister Thilagavathy Gangadory after taking seven months to realise its mistake. The error happened when the company attempted to give Ms Manivel a $100 refund in May 2021, but entered an account...
"The rising ratio indicates open interest is outpacing market size and increases the risk of volatility," one researcher said. Perpetual futures open interest leverage ratios for ether and bitcoin (Decontrol Park Capital, Glassnode) Traders love volatility, and Ethereum's ether (ETH) and bitcoin (BTC) could soon offer plenty of it. That's the message from observers tracking the so-called open interest leverage...
A new Forbes analysis of 157 crypto exchanges finds that 51% of the daily bitcoin trading volume being reported is likely bogus. Within the emerging and turbulent market for cryptocurrencies, where there are no fewer than 10,000 tokens, bitcoin, is the great granddaddy, the blue-chip, representing 40% of the $1 trillion in crypto assets outstanding. Bitcoin is cryptoâs gateway drug....
ZEC, ZEN and XLM âmay currently be a security, based on the facts as they exist today,â Grayscale said in recent, little-noticed filings. Grayscale CEO Michael Sonnenshein (CoinDesk archive) Grayscale Investments LLC has been fielding questions from the U.S. Securities and Exchange Commission (SEC) over the firmâs âsecurities law analysisâ of tokens in some of its less-popular crypto trusts. The...
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