Latest News for: Blockchain situation


Bitcoin Mining Profitability At Historic Lows, Data Show

Bitcoinist 17 Jul 2024
The hashrate, which measures the computing power needed to make transactions on proof-of-work blockchains, has more than tripled since November 2021, when Bitcoin’s price was about the same.

The profitability of Bitcoin mining hits historic lows

Cryptopolitan 17 Jul 2024
Kurt Wuckert, the founder and CEO of Gorilla Pool (a Bitcoin SV mining pool), expressed his concerns regarding the current situation. Wuckert revealed that Bitcoin miners who utilize SHA256 blockchains ...

Bitcoin peaks over $63K after Trump survives assassination attempt

Cryptoslate 15 Jul 2024
According to CryptoSlate’s data, the flagship digital asset rose to a multi-week high of $62,980 during the early trading hours of July 15, with experts pointing out that the Trump situation re-awakened the market.

Wallets Linked to CoinStats Exploit Move Nearly $1 Million to Tornado Cash

LB News 11 Jul 2024
Wu Blockchain, a crypto news source on X, broke the severity of the situation with its post in June, “A wallet belonging to Blurr.eth was stolen from 3,657 MKR ($8.7 million) and sold on the chain by the hacker for 2,482 ETH.” ... .

US Disrupts AI-Powered Russian Bot Farm on Twitter

Bitcoin World 11 Jul 2024
“The combination of generative AI and developer APIs provided by platforms like Telegram, X, and Meta can be very dangerous if used maliciously,” co-founder and CTO of blockchain security firm Halborn, Steve Walbroehl, said via Telegram.
Edit raises US$5 million to revolutionize Web3 security and value extraction

The Arabian Post 05 Jul 2024
Its algorithm adapts situationally to extract value from any blockchain-based software, identifying vulnerabilities without any prior knowledge of exploit methodologies (unknown unknowns).

Bitcoin Is Up 2X But Speculators Are Underwater: Will The Sell-off Continue?

NewsBTC 04 Jul 2024
Bitcoin is down at press time, wiping the weekend’s gains and inching closer to $60,000 ... Glassnode. STHs Are In Red ... In a post on X, Glassnode, a blockchain analytics firm, highlighted how BTC finds itself in a unique situation ... .
Edit raises $5M to build ML-enabled Pathfinder for blockchain value extraction, led by Blockchain Capital

GetNews 03 Jul 2024
Said Ryan Sproule, investor at Blockchain Capital ... Its algorithm adapts situationally to extract value from any blockchain-based software, identifying vulnerabilities without any prior knowledge of exploit methodologies(unknown unknowns).

Polkadot Rocked By Explosive Claims Of Discrimination From Manta Network Co-Founder

Bitcoinist 02 Jul 2024
In a growing storm of controversy, the Polkadot blockchain platform is now facing accusations of discrimination and toxicity within its ecosystem, on top of concerns over an impending funding crisis for its Treasury.

Polkadot ecosystem turns into a mean fraternity – sorority, Web3 responds

Cryptopolitan 02 Jul 2024
Polkadot, one of the most promising blockchain ecosystems, finds itself in a rather unique and problematic situation ... to European/American projects versus Asian projects to understand the situation.

Ethereum Co-Founder Blasts US Crypto Regulations For Encouraging ‘Useless Things’

Bitcoinist 02 Jul 2024
Ethereum Co-Founder. Overly Broad Definitions Stifle Progress ... Vitalik criticized the U.S ... If promised returns and rights are securities, he hopes to see a shift to the opposite situation, issuing…. — Wu Blockchain (@WuBlockchain) June 30, 2024.

Ethereum Suffers Record Outflows Over Two Weeks, Bitcoin ETPs Gain $10M

Crypto Economy 01 Jul 2024
Regarding blockchain-related stocks, the situation is also complicated. Despite the optimism in the industry this year, blockchain company stocks have suffered outflows of $545 million, approximately 19% of assets under management (AuM) ....

Blockchain Association Says Tigran Gambaryan’s Detention Harms Nigeria’s Blockchain Industry

Bitcoin World 29 Jun 2024
The organization, known as the Blockchain Industry Coordinating Committee of Nigeria (BICCON), emphasized the importance of de-escalating the situation to prevent further damage to Nigeria’s blockchain industry.

How to Buy Bitcoin Conveniently With a Card

CoinJar 29 Jun 2024
Bitcoin operates on a decentralised blockchain network ... The blockchain ensures transparency, security, and immutability ... It operates on a decentralised network called blockchain, where transactions are verified by miners.

BlockDAG hit a $54.1M presale as it gained investors’ trust with its blockchain security; can ...

CryptoNewsZ 27 Jun 2024
In this situation, stands out as the most secured investment option, a top Layer 1 blockchain, attracting considerable investment with a successful $54.1 million presale ... BlockDAG’s secure blockchain strategy wins big!.