ETH Dencun upgrade attracts more L2 bots and failed txs: Galaxy Research

Bitcoin (BTC) use for commercial payments has reduced significantly this year, according to a study by Chainalysis cited by Reuters Nov. 20.To prepare the study, Chainalysis reportedly surveyed 17 Bitcoin payment processors. The amount of BTC handled by major payment processors reportedly dropped by almost 80 percent from the beginning of the year to September.The…

This is a first for the traditionally Bitcoin-centric exchange. 1308 Total views 17 Total shares The Kraken cryptocurrency exchange announced that it would match $150,000 in donations to support open-source Ethereum projects on Gitcoin.Gitcoin is a developer-funding platform relying on a hybrid model of sponsored donations and direct community support. Through its quadratic funding model,…

On Jan. 18, Bitcoin (BTC) price finally made a strong push through the resistance level at $9,000 and rallied to $9,194 before pulling back slightly. BTC price has reached its highest level since early November, hitting $9K for the first time in 2020. BTC USD daily chart. Source: TradingViewThe upside move brought the price above the…

Hut 8’s new mining site in Cedarvale, Texas, will house almost 66,000 miners and will be powered by more than 215 MW of energy. 198 Total views 2 Total shares The Canadian Bitcoin mining firm Hut 8 has signed an interim agreement to launch a new mining site in Cedarvale, Texas, in connection with the

Hong Kong’s financial regulator — the Securities and Futures Commission (SFC) — will publish a new set of regulations for Bitcoin (BTC) and cryptocurrency exchanges today. The news, reported by Reuters on Nov. 6, was announced by Chief Executive Ashley Alder at a local fintech event. Regulatory clarity for crypto exchanges operating in Hong KongThe new…

Crypto service providers must fulfill seven conditions that include being constituted in the form of a company with a minimum capital of roughly $52,725 (EUR 50,000). 144 Total views 11 Total shares A new rule imposed by Belgium’s financial regulatory agency, the Financial Services and Markets Authority (FSMA), will now require crypto exchanges and custodial…

According to cybersecurity firm Group-IB, weaponized ZIP file archives were being shared on crypto trading forums, with each one containing a nasty surprise. 274 Total views 1 Total shares The developers behind file compression software WinRAR have patched a zero-day vulnerability that allowed hackers to install malware onto unsuspecting victims' computers, enabling them to hack…

It's a case of "same, same but different" when it comes to Bitcoin price action this year, but historically, nothing has fallen outside the norm. Bitcoin (BTC) has "at least one more upward impulse to come" before reaching this halving cycle's all-time high, new research maintains.In a series of tweets about the current state of…