Bitcoin’s hashrate has fallen since its May 11 halving, but long-term the network remains healthy. Key Takeaways Bitcoin’s hashrate fell by 30% between May 9 and May 12 because of the halving. Mining remains profitable for miners with efficient machines despite the drop in total hashrate. The network is behaving the way it did in…
Immunefi’s report reveals that most of the $662,850,580 in Q3 crypto losses were attributed to Mixin Network and Multichain exploits, with DeFi as the primary target. Key Takeaways In an unsettling revelation, Immunefi, a prominent Web3 bug bounty platform, reported a substantial $662,850,580 loss in crypto exploits for Q3 2023, with two principal projects, Mixin Network and…
A key milestone has been reached by one of the most talked-about DeFi projects of the Summer, with the release of the Quarashi Network’s next-generation mobile platform. With an October 1st launch date for the ICO, the Quarashi Network’s privacy and anonymity-focused app recently went live on Google Play and the response has been overwhelmingly…
Nowadays, it’s very common for two companies who sell or offer similar goods or services to rival as both companies want to snatch each other’s customers and want to be at the top. A new rivalry added to this long list that creates havoc among the Crypto community. The Binance-WazirX dispute is causing quite a…
True Names Limited, the nonprofit behind distributed domain protocol Ethereum Name Service, announced it would be ending its contract with director of operations Brantly Millegan after many uncovered his previously posted anti-LBGTQIA tweets. On Feb. 6, the decentralized autonomous organization of Ethereum Name Service, or ENS, asked users to weigh in on what actions, if…
From Dubai to Kuala Lumpur, looking for a new beginning for an international fugitive to be able to start his conspiracy for scamming people into one of the biggest scams happening world wide. And now living in a mansion in the heart of California aiming to cover up for the fraud and legitimise his face…
Ethereum founder Vitalik Buterin publicly endorses Twitter’s ‘Community Notes’ fact-checking tool, citing alignment with crypto values and the fight against misinformation. Key Points Amid the rapidly changing dynamics of social media, Ethereum founder Vitalik Buterin has publicly endorsed Twitter’s fact-checking tool, ‘Community Notes’. In a lengthy blog post, Buterin highlighted the relevance of this feature…
The world of blockchain and cryptocurrency is taking a giant leap forward in the Lone Star State. On Thursday, April 20th, the Texas House of Representatives passed a bill that would allow for the use of Proof-of-Reserve (PoR) technology in financial transactions. This groundbreaking legislation marks an important milestone for the industry and could pave…
Recent Bitcoin (BTC) has experienced an impressive surge of nearly 50% in the initial seven weeks of the year, resulting in a six-month peak of $24,900. As a result of this bullish market sentiment, the unprecedented volatility of cryptocurrencies has led to a new all-time high in 2023. This new opportunity has prompted the cryptocurrency…
Billionaire Michael Saylor recently reacted to billionaire Charlie Munger’s criticism of Bitcoin, and in his typically candid manner, he articulated his thoughts on the matter with aplomb. He used factual examples to illustrate why he believes that crypto assets are an important part of any well-diversified portfolio. In an interaction with the press, MicroStrategy CEO…
