What is an infinite mint attack, and how does it work?

Bitcoin mining firm Canaan posts second quarter financials, with Bitcoin mining revenue up 43% from Q1 2023, though net loss also rose 31% to $110 million. Bitcoin mining company Canaan announced its unaudited financial results for Q2 2023, showing growth in computing power sold and BTC mining revenues while it tackled a significant net loss…

In Cointelegraph Markets Pro’s latest VORTECS™ Report, the institutional-grade crypto trading platform displayed how its members could have captured a cumulative 390% gain by following seven trades based on four different advanced data indicators. The report depicts trading alerts generated between March 11 – 18, 2023. The potential gains available to Cointelegraph Markets Pro subscribers significantly…

“We determined that making these reductions to Robinhood’s staff is the right decision to improve efficiency,” noted Robinhood CEO and co-founder Vlad Tenev. 1194 Total views 4 Total shares Popular retail trading platform Robinhood has fired 9% of its workforce amid a firesale of its stock that has seen HOOD plunge to all-time lows. In…

Mining for Bitcoin may be contributing to “thick layers of toxic smog” and blackouts across many Iranian cities. 1906 Total views 12 Total shares The push by many in Iran to establish the country as a mecca for crypto miners may be having some unintended environmental consequences. According to a Bloomberg report, the energy requirements of…

Several on-chain metrics from the Bitcoin (BTC) network are flashing buy signals following this year’s rally.Bitcoin has broken out of its torpor to notch up a 37% gain since the beginning of 2023. However, on-chain data is still signaling it could be a “generational buying opportunity,” according to analysts.On Jan. 24, researcher and technical analyst…

Bitcoin (BTC) starts a new week at the upper end of its new price range near $12,000 — will the market finally crack it this week?Cointelegraph takes a look at five things to consider when working out where Bitcoin is headed in the coming days. S&P 500 nears all-time highs… againUnlike previous weeks, macro markets and…

Ethereum is gearing up for its next major upgrade in the first quarter of 2025, codenamed “Pectra,” which will combine the Prague and Electra upgrades.