Bitcoin Mining Difficulty Drops Most Since July 2021 as Crypto Winter Cuts Profitability
The difficulty of mining a bitcoin block fell by 7.32% today, with miners powering off machines as a brutal bear market eats into profit.
The...
Bitcoin Mining Difficulty Drops for Second Time in March
The difficulty of mining a bitcoin (BTC) block dropped 0.35% on Thursday, the second time this month, after a consistent climb since November.
On...
Poly Network Attacker Issues ‘Worthless’ Billions in SHIB, BNB, BUSD in Latest Crypto Hack
Attackers issued billions worth of several tokens on Sunday morning after exploiting a smart contract function in cross-chain protocol PolyNetwork’s bridge tool.
Bridges allow users...
Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar
Bitcoin (BTC) users in Africa are increasingly moving to the Lightning network and stablecoins as transaction fees have soared to their highest level in about two...
Mango Markets Will Alter Multi-Sig Feature to Mitigate Security Threats After $114M Exploit
Solana blockchain-based decentralized exchange Mango Markets has announced two new features ahead of its version 4 rollout, with a focus on mitigating immediate security...
Accenture Exec Says Future of Crypto Self Custody Will Be Portability
IT services and consulting firm Accenture is leaning heavily on the potential of Web 3, according to David Treat, senior managing director at the...
It Was Cruel Summer for the Bitcoin Market
It’s Labor Day weekend, which means that summer is over. No, I do not care that the autumn season hasn’t officially started; summer is...
Bitcoin Use Cases Are Seeing ‘Explosive Growth,’ Trust Machines Says
AUSTIN, Texas – Bitcoin ecosystem firm Trust Machines said has seen “explosive growth in bitcoin (BTC) use cases” during the first quarter of 2023,...
Ethereum Sets February Date for Sepolia Testnet to Get Shanghai Hard Fork
Ethereum developers agreed on Feb. 28 as the target date for pushing the Sepolia test network (testnet) through the Shanghai upgrade, the blockchain’s big upcoming move to...
Elon Musk’s Plan to Charge New X Users $1 May Not Deter Crypto Bots
A plan to charge $1 to new users of social app X, formerly Twitter, may do little to deter the bot endemic on the popular platform...