Author: e_cash_top
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Bitcoin network hits record-breaking 551 EH/s hash rate as sixth straight difficulty increase looms
[ad_1] Quick Take The midway point in the current difficulty epoch, set to adjust on Nov. 26, paints a picture of robust growth and resilience for the network. Current projections suggest a positive upward adjustment of the difficulty level by 3.77%, continuing the positive adjustments seen over the last five adjustments. The network recorded a…
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Bitcoin rallies past $37,000 as pro-crypto Argentine presidential victor takes the helm
[ad_1] Quick Take Yesterday, Nov. 19, Bitcoin surged past $37,000, coinciding with the win of pro-Bitcoin and “minarchist” libertarian candidate Javier Milei in the Argentinian presidential race. While a polarizing figure, this event has the potential to usher in another nation-state with a positive leaning towards Bitcoin, which, notably, is a G-20 country with a…
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Sam Altman to join new Microsoft AI research team as Twitch founder takes over OpenAI
[ad_1] Former OpenAI CEO Sam Altman will join Microsoft to lead a new advanced AI research team, according to Satya Nadella, the chairman and CEO of Microsoft Corporation. On the other hand, Emmett Shear, the co-founder of Twitch, will be OpenAI’s new interim chief executive. Nadella said: “We look forward to getting to know Emmett Shear…
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Bitcoin rises as pro-BTC candidate Javier Milei wins Argentine presidency
[ad_1] In a landmark victory, Javier Milei has clinched the presidential seat in Argentina, signaling a potential seismic shift in the country’s economic landscape. Milei, known for his fervent endorsement of Bitcoin and scathing criticism of central banks, has brought a wave of optimism to the crypto market. After announcing his win, Bitcoin’s price saw…
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Why have new EU rules not brought us closer to mass adoption?
[ad_1] 2023 has seen a sharp rise in focus on digital asset regulation. Numerous legal frameworks have been put forward for consideration across the globe to boost the safety and integrity of this industry. The EU’s adoption of MiCA is arguably the most prominent case. And yet, even though many countries have realized the importance…
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Poloniex confirms hackers identity, offers $10M white hat reward to return stolen funds
[ad_1] Poloniex has officially identified the hacker responsible for stealing $120 million from the exchange on Nov. 10 and offered a $10 million white reward if the funds are returned by Nov. 25, according to on-chain data shared by blockchain security firm PeckShield. Justin Sun, Poloniex’s majority shareholder, sent blockchain messages on the Ethereum network…
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BitGo CEO expects further complications before a Bitcoin ETF can hit market
[ad_1] In a recent interview with Bloomberg TV, BitGo CEO Mike Belshe expressed a cautious outlook on the approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. SEC. Belshe’s optimism regarding the potential approval of a spot Bitcoin ETF was accompanied by a dose of realism, indicating that the path to approval might encounter…
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Breaking down L1 blockchains: A deep dive into Solana, Avalanche, and Cosmos
[ad_1] The post Breaking down L1 blockchains: A deep dive into Solana, Avalanche, and Cosmos appeared first on CryptoSlate. [ad_2] Source link
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Are we heading for a Solana DeFi Summer?
[ad_1] The crypto summer of 2020/21 saw most alternative Layer 1 protocols skyrocket to insane valuations and many projects in their respective ecosystems. This period became known to the wider industry as ‘DeFi Summer.’ With stimulus checks being handed out across the West and the looming uncertainty over the lifting of COVID lockdowns, the economic…
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Jump Trading spins off Wormhole amid strategic cutbacks, legal challenges
[ad_1] Jump Trading, a prominent player in the cryptocurrency trade, has separated its cross-chain protocol Wormhole into an independent entity, Bloomberg News reported Nov. 17, citing sources familiar with the matter. The spin-off has resulted in the departure of key Jump Trading executives, including Wormhole CEO Saeed Badreg and COO Anthony Ramirez, who will continue…