Bitfarms mined 21% more Bitcoin in June amid Riot takeover attempts
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase.
Related Posts
Cointelegraph Top 100 reveals the second-place of the 2023 edition
Take a look at the No. 2 entry on Cointelegraph’s 2023 Top 100 list: Vitalik Buterin. 512 Total views 6 Total shares Own this piece of history Collect this article as an NFTCointelegraph has reached the No. 2 spot on its 2023 Top 100 list: Ethereum co-founder Vitalik Buterin, who had a significant impact in 2022 and…
Binance Staking completes initial phase of Terra 2.0 airdrop as ecosystem issues persist
About 70% of tokens are held in escrow and will be vested starting later this year. 575 Total views 7 Total shares On Tuesday, cryptocurrency exchange Binance said it completed the first stage of airdropping new Terra Luna (LUNA) tokens to holders of Terra Luna Classic (LUNC), TerraUSD (USTC) and AnchorUST (aUST). The distribution was based…
Bybit CEO refutes insolvency rumors, shares proof-of-reserves
Ben Zhou shared a post on X, clarifying that none of the rumors have “any real facts” supporting them.
Biggest Problems With Stablecoins, Explained
1. Remind me: What is a stablecoin? A stablecoin is a type of cryptocurrency that often has its value pegged to another asset, such as fiat currency, precious metals or other types of crypto. With major digital currencies like Bitcoin (BTC) experiencing sudden price jumps — sometimes in a matter of seconds — skeptics argue…
Crypto firms won’t leave US despite apparent hostility: Merkle Science CEO
Merkle Science CEO Mriganka Pattnaik has offered a “contrarian” take, explaining that crypto firms won't be vanishing from the United States anytime soon. 210 Total views 2 Total shares Despite recent narratives suggesting differently, the United States won't be losing its allure as a crypto hub, according to the CEO of blockchain analytics firm Merkle Science.A…
Crypto recruitment execs reveal the safest jobs amid layoff season
Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as senior management, will likely continue to see “strong demand” for their skills, recruitment professionals believe.It’s been a tough first few weeks of 2023 for crypto businesses and their staff. Within just two weeks, the market…
European crypto company Bitpanda raises $170M
The funding round was led by Valar Ventures and partners from DST Global. 3296 Total views 14 Total shares Austria-based cryptocurrency firm Bitpanda has closed a $170 million funding round to further the firm's international growth.The latest Series B funding round was led by Valar Ventures, a venture capital firm backed by PayPal co-founder Peter…
Tether Daily Transaction Volume Hits All-Time High
Tether (USDT), the most used fiat-pegged stablecoin, has hit an all-time high by the number of daily transactions, according to blockchain data provider Coin Metrics.On March 31, the amount of Tether transactions hit a high of 38,150, representing a new milestone in the adoption of the major stablecoin launched in 2015.All-time transaction volume of Tether.…