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Ethereum to Introduce Extensive Pectra Upgrade in Q1 2025

[Jun 7 1:02 AM] The Ethereum network is set to undergo one of its most extensive upgrades named Pectra, which will integrate the EVM Object Format (EOF) and introduce Vitalik Buterin’s proposed EIP-7702, allowing Ethereum account addresses to act as smart contract…

Bitfarms Sees 42% Revenue Drop in May Post-Bitcoin Halving

[Jun 3 10:35 PM] Bitfarms, a Bitcoin mining firm, reported a 42% drop in crypto mining revenue in May, the first full month following the Bitcoin halving in mid-April, which reduced their Bitcoin production from 263 BTC in April to 156 BTC in May. The company…

Paraguay Proposes Harsh Penalties for Illegal Bitcoin Mining

[May 19 11:00 PM] The Paraguayan government is urging lawmakers to pass a bill that would impose up to 10 years in jail for illegal bitcoin miners, in response to the large amounts of electricity theft threatening the state-owned National Electricity Administration…

Jack Dorsey Forecasts Bitcoin to Reach $1 Million by 2030

[May 9 11:32 PM] Twitter co-founder Jack Dorsey predicts that the price of Bitcoin could hit at least $1 million by 2030, suggesting its value may grow even further thereafter. In an interview, he expressed his enthusiasm not just about Bitcoin’s potential…