Genesis Mining to End Unprofitable Crypto Contracts

Messaging app Telegram has endorsed the TON network as its blockchain network of choice for Web3 infrastructure, sending the TON token up some 7% in the past hour.Telegram began developing the TON blockchain 2018, abandoning the project in August 2020 following legal action from the U.S. Securities and Exchange Commission (SEC) alleging that it was

opinion Jake Yocom-Piatt is the Project Lead for Decred, a hyper-secure, adaptable and self-funding digital currency. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. In 2018, we have seen the cryptocurrency market cap go from all-time highs in January to falling over 80 percent by December, despite little changing in the context…

Upstart blockchain Manta Network was hit by a distributed denial of service (DDoS) attack a day after it issued its MANTA token, leading to longer-than-expected withdrawal times and a slow network.“The network has accumulated a large queue of recent transactions,” Manta developers said in an X post. “This is leading to longer transaction times and

Metaplanet said it is partnering with SBI VC Trade to utilize its corporate custody service which offers the potential to use BTC as collateral for financing. "This aligns with our vision of a modern financial service provider and adds flexibility to our corporate strategy, complementing our ongoing efforts in equity and debt financing," Metaplanet said.

news View Bitcoin prices are rebounding from a five-month low touched earlier this week. Chinese President Xi Jinping said his country should seize opportunities afforded by blockchain, the technology that underpins bitcoin. Despite China’s ban on cryptocurrency exchanges in 2017, the comments from the leader of the world’s second-largest economy could boost sentiment toward digital…

news Cryptocurrency exchange Gate.io said Tuesday that it will absorb the loss of roughly $200,000 worth of ethereum classic – about 40,000 ETC – in light of a series of blockchain history rewrites that continue to occur. In a blog post, the exchange said it had confirmed the 51 percent attack – whereby an entity…

I have a friend who has made a significant fortune out of bitcoin. He is one of those enthusiasts who happily hands out the cryptocurrency to others in the interest of spreading adoption. All of that is good. However, one thing has always infuriated me: his boasts, especially last year, that he was spreading belief…

Dec 31, 2020 at 5:00 p.m. UTCCrypto Dollars and CBDCs: The Battle to ComeBy late 2013, it was clear crypto assets would be the future of finance. It was the first time bitcoin crossed $1,000. To the cypherpunks’ chagrin, central banks around the world began publishing warnings to curb the “decentralized genie” threatening the stability…

Hong Kong asset management company Metalpha has secured $5 million for its Grayscale-based fund from Bitmain, according to a source close to the company.Metalpha is looking to raise $100 million for the Next Generation Fund I, which it has formed in partnership with NextGen Digital Venture Limited. As of the end of March, Metalpha has…