Bitcoin mining CEO eyes hashrate contracts to offset rising costs
The slashing of the Bitcoin block subsidy from 6.25 Bitcoin to 3.125 during the April 2024 halving has placed financial pressure on miners.
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Seda co-founders discuss intersection of oracles and multichain
Oracles enable value, but they are also susceptible to value manipulation; co-founders of Cosmos-based Seda discuss their benefits and how to prevent pitfalls. The year 2022 was not a very good year for Cosmos and its vision of inter-blockchain communications (IBC). The collapse of the Terra Luna ecosystem (the biggest protocol on Cosmos at the…
SBI Reports Financial Results, Recognizes Ripple for Cross Border Payments
Japanese finance giant SBI Holdings has released its nine-month financial report today, Jan. 31. In the report for the period ending on Dec. 31, 2018, SBI notes Ripple’s potential for cross-border payments.SBI outlines the implementation of technologies by Ripple (XRP) and blockchain consortium R3 as a major part of its strategy to enable a global…
Lido assures LDO, stETH tokens remain safe despite flaw in token contract
The “fake deposit” attack enables bad actors to execute a transfer where the requested value is larger than what the user actually owns. Ethereum staking protocol Lido Finance has assured both Lido DAO (LDO) and staked-Ether (stETH) tokens remain safe despite hackers allegedly exploiting a known security flaw in LDO’s token contract.Lido didn’t confirm any
Bitcoin Hash Rate Hits New All-Time-High
The Bitcoin (BTC) hash rate reached a new all-time high today, according to data from monitoring resource Blockchain.com on July 7.The previous record was broken in the second half of June, when bitcoin’s hashrate reached 65.19 TH/s and growth has steadily continued since then.Hash rate is the number of calculations that a given hardware or…
‘Big sybil hunt’ and durable users helped LayerZero airdrop succeed, says CEO
LayerZero’s native ZRO token has vastly outperformed the tokens of other projects including ZKsync and Starknet, which were airdropped around the same time.
G7 financial officials call on Financial Stability Board to step up crypto regulation—report
Chaos on the crypto market in the wake of the Terra collapse caused a heightened sense of urgency among the ministers to continue regulatory process. 331 Total views 13 Total shares The top financial officials from the Group of Seven (G7) largest advanced industrial economies has called on the Financial Stability Board to speed up…
Coinbase Wallet Integrates Support for DeFi Lending Apps
Leading U.S.-based cryptocurrency exchange, Coinbase, has integrated support for decentralized finance (DeFi) protocols on its wallet app.Per a March 26 announcement, Coinbase Wallet will now allow users to earn interest on cryptocurrencies through the DeFi apps, Compound, and dYdX.While the DeFi apps were already available through Coinbase Wallet’s built-in decentralized application browser, the exchange asserts…
New node certification could coax more institutions into Ether staking
A consortium of big crypto companies, including Coinbase, has just launched a new certification scheme for Ethereum node operators called NORS.