TON struck by outage, no new blocks produced in 3 hours

Alex de Vries, the founder of the Digiconomist, has given a damning assessment of the electricity consumed by Bitcoin (BTC) mining in an interview with British media outlet, The Telegraph.According to de Vries, a single Bitcoin transaction expends the same quantity of electricity needed to power a British household for 59 days, 780,650 Visa transactions,…

Bitcoin (BTC) heads into the last week of February lower but showing signs of strength as a key support level holds.After a nervous few days on macro and crypto markets alike, BTC/USD is below $40,000, but signs are already there that a comeback could be what starts the week off in the right direction.The situation…

A new report has found strict regulations are discouraging overseas exchanges from opening in Japan, but would likely benefit new players in the long term.Double jump.tokyo, the game developer behind My Crypto Heroes, commissioned a research team at So & Sato Law Offices to carry out a comprehensive report on digital assets in Japan.Released on…

With the new feature, PayMaya intends to make it simpler for Filipinos to learn about and use cryptocurrencies. 139 Total views 12 Total shares Philippines-based major fintech company PayMaya has reportedly launched a new cryptocurrency feature on its app, following in the footsteps of PayPal, Venmo and others.According to TechInAsia, PayMaya users will be able…

Cybersecurity authorities in the UK warned that ransomware could threaten the sports sector. The UK National Cyber Security Centre released a report on July 23 that discloses a growing trend in ransomware attacks against the sports sector. They noted a recent example in which attackers demanded that an English Football League club, or EFL, pay…

Some Bitcoin (BTC) miners might become unprofitable again as a result of the latest difficulty adjustment. Earlier this week, the network mining difficulty adjustment saw a +14.95% spike, its largest increase since January 2018. The regular update, which occurs every 2016 blocks, has been pre-coded into the blockchain to keep mining speed at approximately 10 minutes…

Venezuela may have the most crypto volume, but this country bests all of Latin America when it comes to retail crypto transactions. A recent study showed that Latin America represents 7% of the entire global cryptocurrency economy. Out of that segment, Mexico has captured almost 11% of all retail crypto payments since July 2019.El Economista cited research…

Fees from yVaults were the biggest contributors to Yearn’s revenue. 1756 Total views 17 Total shares Decentralized finance yield aggregator Yearn has released its financial report for the first quarter revealing some impressive earnings for the period.According to the Yearn Finance quarterly report, published on GitHub on April 27, the platform had earnings of $4.88…