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Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022

[Jul 31, 2024 12:44 PM] The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is…

Bittensor Blockchain Placed in ‘Safe Mode’ Following Multi-Million Dollar Wallet Drains

[Jul 3, 2024 9:12 AM] According to reports, the Bittensor (TAO) blockchain was paused due to the depletion of funds from several wallets. The final block was processed 14 hours ago, and the network is now in safe mode, as stated by the Opentensor Foundation. TAO Network…

Cardano node upgrade underway following mainnet DDoS attack

[Jun 26, 2024 5:06 AM] A failed DDoS attack on the Cardano blockchain led developers to initiate a node upgrade to enhance security.

Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures

[Jun 18, 2024 5:30 AM] In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin…

Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days

[May 12, 2024 10:11 AM] Similar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline. Over the previous 68 days, since March 5, 2024, Ethereum’s network fees have fallen by 93.7%, from $30.33 per…

Litecoin Completes Third Block Reward Halving, Cutting Rewards to 6.25 LTC; Miners Face Revenue Loss as Prices Dip 4%

[Aug 2, 2023 11:30 AM] The Litecoin (LTC) network has officially experienced its third block reward halving at block height 2,520,000, with LTC rewards diminishing from 12.5 LTC to 6.25 LTC. Thus far, the halving has not propelled LTC prices upwards as market data…

Charting Bitcoin’s Predictable Course: A Comprehensive Review of the Next 29 Reward Halvings

[Jul 22, 2023 1:30 PM] In under 280 days, Bitcoin’s blockchain will undergo its fourth reward halving event, slicing the block subsidy from 6.25 BTC to 3.125 BTC. The crypto community is abuzz with chatter, contemplating how these substantial decreases in block…

Bitcoin Difficulty Estimated to Drop After 5 Back-to-Back Increases

[Apr 26, 2023 8:30 AM] Bitcoin’s imminent difficulty change appears to be heading towards a possible decrease, marking the first time in over 73 days, ever since February 12, 2023. The network has witnessed a notable difficulty upswing of approximately 22.62%…

While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit

[Mar 6, 2023 11:30 AM] In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin…

Stiffing the Staker: The SEC’s Latest Crackdown on Crypto Innovation

[Feb 11, 2023 3:30 PM] The crypto world was jolted last week when the Securities and Exchange Commission (SEC) shut down Kraken’s staking program, much to the satisfaction of Chairman Gary Gensler and his team. But what does this mean for the future of…