The key misunderstanding with China's purported BTC hashrate dominance
According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%.
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Report outlines reasons why stakeholders are against CBDC
The American Banking Banking Association highlighted that a CBDC issued by the U.S. Federal Reserve lacks “compelling use cases.” Own this piece of crypto history Collect this article as NFTWhile some countries like Nigeria are aggressively pushing the use of central bank digital currencies (CBDCs), a new report summarized why a number of private stakeholders…

Davos 2023: Education is key to driving sustainability in blockchain and beyond
The World Economic Forum (WEF) in Davos, Switzerland, brings together global leaders and thinkers across various industries to hone in on global issues each year. As the world of crypto and blockchain continues to push into the mainstream view, it, too, has become a topic of discussion at the legacy event. Cointelegraph editor-in-chief Kristina Lucrezia Cornèr…

A Mailbomber in the Netherlands Wants a BTC Payment to Stop Blowing Things Up
Two letter bombs exploded in the Netherlands on Wednesday and an anonymous criminal is asking for a Bitcoin payment to prevent future attacks, Dutch police say. The first bomb went off at a postal sorting office in ABN Amro bank in Amsterdam on Wednesday morning. The letter bomb exploded moments after a mailroom worker tossed away…

Symbiotic X hacked, malware is infecting SVG files: Crypto-Sec
The Symbiotic X account has been promoting a phishing site for two days, and researchers found malware in image files.

Finance Redefined: Three Arrow Capital and Celsius fall brings a tsunami of sell-off in DeFi
This past week, the decentralized finance (DeFi) ecosystem faced the brunt of the bears fueled by liquidation rumors of Three Arrow Capital (3AC) and Celsius liquidations. MakerDAO decided to cut off Aave (AAVE) from its direct deposit module as a safeguard in light of the possibility that Celsius folds and crashes the price of staked…

Chinese President Xi Jinping praises blockchain exec in open letter
Andrew Chi-Chih Yao, the recipient of the letter, is the chief scientist of the Conflux network and a professor at the country’s prestigious Tsinghua University.

ETH Dev Suggests Moving to ‘ASIC-Friendly Algorithm’ After ProgPoW Decision
An Ethereum (ETH) code contributor has suggested that Ethereum developers ‘embrace’ specialized mining hardware (ASICs) in a reply on Ethereum developer forum Ethereum Magicians, Jan. 7.As Cointelegraph reported last week, Ethereum core developers have tentatively decided to implement a new proof-of-work (PoW) algorithm, dubbed ProgPoW, which would decrease the efficiency divide between ASICs and GPUs,…

Solana open interest hits record high: Will SOL top $200?
SOL is up more than 20% this week, and data suggests that the rally will continue.