Category: Uncategorized

[ad_1] The University of Pennsylvania received a $5 million donation via Bitcoin recently for its finance programs, the school said in a release today. “(Penn) is delighted to announce a new anonymous gift of $5 million in the form of Bitcoin – the largest cryptocurrency gift the University has ever received,” it said. Penn receives…

[ad_1] Ethereum staking protocol Lido’s dominance of staking has the potential of putting the entire blockchain at risk of a centralized attack when it eventually becomes a proof of stake network, an article from Danny Ryan, a researcher at Ethereum Foundation, argued. The article titled the risks of LSD (Liquid Staking Derivatives), recommends setting a…

[ad_1] A Bitcoin (BTC) whale sent over 200,000 BTC to Coinbase between July 18 and July 21, according to a tweet from CryptoVinco on Sept. 5. One of the biggest #Bitcoin whales with over 200K+ $BTC sent ALL of their coins to exchanges. I’m 99% certain this is Michael Saylor’s Bitcoin address, and they’re planning…

[ad_1] Moonriver, the Ethereum (ETH) blockchain-compatible smart contract platform developed on Kusama, is full steam ahead with some impressive figures since its launch just three weeks ago. A Polkadot – Kusama powerhouse As reported by Moonbeam, Moonriver has close to 100k wallet addresses on the network and over 650 ERC20 tokens have been created. In…

[ad_1] The White House has proposed that the crypto mining industry have some standards to mitigate its environmental effects. In a report titled Climate and Energy Implications of Crypto-assets in the United States, the White House called for standards like miners using clean energy and the need for low energy intensities. The report is a…

[ad_1] U.S. SEC Commissioner Hester Peirce criticized crypto bailouts in a recent Forbes interview and said the current market crash could set the foundation for a more sustainable future for the industry. According to Peirce, tough times in the industry reveal projects and products that will stand the test of time. She added that the…

[ad_1] Following a bullish start to Tuesday trading, where Ethereum gained 6% on Bitcoin as it marched back towards $2,000, the market turned to see Bitcoin lose $19k and Ethereum drop below $1,500. BTCUSD TradingView on CryptoSlate The sharp decline in Tuesday evening trading saw over $100 million in Bitcoin liquidations in the space of…

[ad_1] El Salvador is planning a new creative endeavor to boost its Bitcoin-related transactions in the nation. The country is planning to build 20 new Bitcoin schools under their “My New School” program. As per El Salvador’s president Nayib Bukele, the surplus derived from the State’s Bitcoin Trust will be utilized in building these 20…

[ad_1] Bitcoin’s highly volatile price has devastated the majority of the crypto market and is now dragging miners down with it. While often considered the foundation of the Bitcoin network and its most resilient players, miners are suffering from rapidly decreasing profit margins. Bitcoin mining difficulty currently stands at just 1% below its all-time high…

[ad_1] Lido DAO token holders have commenced voting to determine whether the DeFi platform should reduce its staking pool. The vote is a follow-up to a governance proposal released on June 24. The voting process results from a month-long deliberation over Lido’s staking dominance and whether it should limit itself to curb potential centralization risks.…