On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67 trillion. The news follows Bitcoin’s overall hashrate rising near the 700 exahash per second (EH/s) range when it tapped 693 EH/s. Rising Bitcoin Difficulty Puts Pressure on Miners Bitcoin’s difficulty now makes it 3.58% more […] Original
The bill will clarify that these assets are considered personal property under British law. Once enacted, it will give the legal profession guidelines to follow when there’s a dispute on ownership, such as during a divorce. It will also provide protection to crypto owners, whether individuals or companies, who are hit by fraud and scams. Source
Last night’s freewheeling presidential debate was heavy on insults, light on policy, and contained no mention of digital assets. But, if the presidential candidates were ignoring crypto, crypto wasn’t ignoring the presidential candidates. Leading names were quick to weigh in on everything from body language to whether dogs were really being eaten by illegal immigrants. Source
Este artículo también está disponible en español. The higher-than-anticipated US core Consumer Price Index (CPI) reading was followed by a decline in Bitcoin (BTC) price as it tumbled almost 1.5% to $56,168 at press time. US Headline CPI Matches Forecast, Core CPI Exceeds It US headline CPI, the metric typically used to assess the inflation rate in the country, came in according to expectations at 0.2% month-over-month (MoM), and 2.5% year-over-year (YoY) for August 2024. However, core CPI (MoM) printed 0.3%, slightly higher than the 0.2% forecasted by economists. For…
Este artículo también está disponible en español. Uniswap (UNI), one of the most prominent decentralized exchanges (DEX) in the crypto space, is currently making headlines for its potential 139% price breakout. As regulatory discussions unfold in the U.S. Congress, investors are eyeing both Uniswap and the up-and-coming Mpeppe (MPEPE) token for substantial gains. With Uniswap facing heightened scrutiny but showing signs of a bullish reversal, many are diversifying into Mpeppe, which has been forecasted to surge alongside the broader market. Uniswap and the Impact of DeFi Regulations Uniswap (UNI) finds itself at the center…
Staking has grown in popularity in recent years due to the availability of staking-as-a-service, pooled staking, and the growth of liquid re-staking. As of July 2024, Ethereum’s security budget amounts to a staggering $110 billion worth of ETH, representing roughly 28% of the total ETH supply. There is also a general adoption of staking features within exchanges and financial applications allowing people to allocate their ETH to secure the Ethereum network. Many view staking as a low-risk return on investment, which makes it appealing to ETH holders. Vitalik Buterin, co-founder…
In the world of crypto, digital assets, and the dream of decentralization, the middleman is a figure of scorn. We speak of peer-to-peer networks, of unmediated transactions flowing freely across borders, with no need for gatekeepers. Yet, whether we like it or not, intermediaries haunt every corner of this landscape. Some extract rent for their services; others simply maintain order in the chaos. But let’s be clear — whenever there’s a hiccup, a wallet vulnerability, or a glitch in a smart contract, someone must step in. And that someone, whether…
Solana (SOL) has recently achieved a significant milestone by recording the highest number of daily active addresses in its history. This has come at a time when the cryptocurrency has equally been recording high volatility, resulting in speculations on what may drive it and perhaps influence the market with it. Solana Makes New Record On September 10, 2024, Solana surpassed 5 million daily active addresses, up from 1.05 million earlier in the year. This shows that the Solana ecosystem is increasing, especially DeFi and NFTs, which are gaining steam. Source:…
Web3 security firm Cyvers detected suspicious transactions on Indonesian exchange Indodax’s wallets on September 11th. The attack involved over 150 transactions and digital assets worth an estimated $20.58 million are believed to have been stolen. Some experts suspect the North Korean hacking group Lazarus Group may be responsible due to attack characteristics. Indodax Hack Shows […] Source BitcoincryptoexchangeExchanges CryptoX Portal
It’s been a trend for the last few weeks that cryptocurrencies selloff as the U.S. traditional markets open, underscoring a general risk-off sentiment among American investors. Original