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Today in Crypto: Pup Balltze Cheems Dies at Age 12, Kenya Forms Committee to Investigate Worldcoin, Solo Miner With Just 1PH of Hashrate Gets Full $160,000 Bitcoin Block Reward
21.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Pup Balltze Cheems Dies at Age 12, Kenya Forms Committee to Investigate Worldcoin, Solo Miner With Just...
As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn
21.8.2023
Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second most prolific day for inscriptions ever. Additionally, over the past seven days, Ordinal inscriptions represented a hefty 53.9% of all transaction...
Navis X Vital Block: Pioneering a new frontier in technology
21.8.2023
A team of innovative researchers is working on a revolutionary project involving nanotechnology and the crypto industry. The goal is to combine breakthroughs in nano tech with blockchain technology and other systems, making for a securer and better world. This pioneering venture could prove to...
Bitcoin’s Transaction Backlog Surges Past 400,000
20.8.2023
A fortnight ago, unconfirmed BTC transactions dipped under 300,000. However, they’ve since rebounded, surpassing the 400,000 mark. While the average network fee remains under $1, since August 6, it’s fluctuated from $0.77, peaking at $2.59 per transaction just two days later on August...
Kiyosaki: Buy Silver Before It’s Gone; Michael Burry Bets Against Stocks — Week in Review
20.8.2023
Rich Dad Poor Dad author Robert Kiyosaki urges buying silver before it’s gone, hedge fund manager Michael Burry has bet $1.6 billion on the stock market collapsing, and mining rig manufacturer Bitmain is set to reveal a cutting-edge BTC miner at the 2023 World Digital Mining Summit. This...
Elon Musk says block feature to be ‘deleted’ on Twitter/X
18.8.2023
According to Musk, users will have to rely on the “mute” function instead
Shiba Inu's Shibarium Network resumes block production after brief pause
18.8.2023
The Shiba Inu project has opted to secure insurance coverage amounting to $2 million to address potential fund retrieval challenges upon the restart of Shibarium
Finally, Twitch Lets You Block Banned Users From Watching Your Stream
17.8.2023
Twitch has introduced a new update to its settings menu that finally prevents banned and blocked users from viewing livestreams, a feature that some may be surprised to learn didn’t already exist.Read more
Turbulence in Shibarium’s Debut: $1.7M ETH Stuck and a Crypto Whale Shifts the Tide
17.8.2023
On August 16, 2023, the Shiba Inu meme coin enthusiasts celebrated the unveiling of the second-layer (L2) blockchain, Shibarium. This platform is designed to bolster decentralized app growth while tackling Ethereum’s scalability and transaction fee challenges. Yet, even amidst...
Dormant Since 2010, Bitcoin Address Awakens to Move 1,005 BTC Worth $29.7 Million
14.8.2023
On the morning of Monday, August 14, 2023, at the precise block height of 803,135, a dormant bitcoin address — created on November 9, 2010 — stirred to life. After lying in slumber for an exacting 12.9 years, it awoke to spend a staggering 1,005 bitcoin, a sum swelling to...
Fundstrat’s $180K Bitcoin Price Prediction, Analyst Says World War III Already Started Citing BRICS, SEC Looks to Appeal Ripple Ruling — Week in Review
13.8.2023
A Fundstrat investor note has said BTC could hit $180,000 before the upcoming block reward halving in April 2024, and an Indian analyst thinks World War III has already begun, expecting the BRICS economic bloc to merge with the Shanghai Cooperation Organization (SCO). In other news, the United...
Unidentified Miners, F2pool Lead All-Time Bitcoin Mining Rankings: A Comprehensive Review of Bitcoin’s Historic Block Discovery
12.8.2023
Since the inception of the Bitcoin blockchain by Satoshi Nakamoto, the network has diligently processed in excess of 800,000 blocks. An examination of data from 99 distinct mining pools, spanning the previous 14 years, reveals that unidentified mining participants discovered 28.37% of...
Bitcoin Network Adjusts: Mining Difficulty Rises 0.12% to 52.39 Trillion
10.8.2023
Bitcoin miners saw a slight increase in mining difficulty on August 9, 2023, at block height 802,368, as the difficulty rose 0.12% from 52.32 trillion to 52.39 trillion. Over the last 2,016 blocks, miners recorded an average hashrate of about 376.5 exahash per second (EH/s). Miners Experience...
Bitcoin Price Could Rise to $180,000 by 2024 Halving, Says Fundstrat
9.8.2023
In a recent note to investors, Fundstrat has forecasted a potential surge in the price of bitcoin to an astonishing $180,000 before its next block reward halving event in April 2024. The financial services company attributes this projected 521% price hike from current levels to the rising demand...
EOS Foundation urges creditors to reject $22M Block.one settlement
9.8.2023
The EOS Network Foundation has called on plaintiffs to drop the $22 million settlement with Block.one weeks after initiating a new class action
Controversy as MakerDAO's Spark Protocol blocks users with VPNs
7.8.2023
Users attempting to access Spark Protocol with a virtual private network will not be able to, sparking criticism from supporters of privacy
US Court Dismisses Former Celsius Network CEO’s Motion to Block New York Attorney General’s Lawsuit
7.8.2023
Former Celsius Network Alex Mashinsky will now have to defend himself against a lawsuit filed by New York Attorney General Letitia James after a New York County Supreme Court Justice rejected his attempts to have the suit dismissed. The court’s decision blocks the attempt by Mashinsky to stop James...
Reports Suggest 11th-Largest Bitcoin Wallet Belongs to Stablecoin Giant Tether
5.8.2023
A 21.co research analyst has disclosed that Tether, the company behind the world’s most prominent stablecoin by market capitalization, could potentially hold the 11th-largest bitcoin (BTC) address. Additionally, an individual familiar with the matter has verified to The Block that said...
Jack Dorsey's Block Q2 Revenue Soars to $5.5 Billion, Led by Strong Bitcoin Sales
4.8.2023
Block, the payments firm led by Twitter founder Jack Dorsey, saw its revenue soar to $5.5 billion in the second quarter, partly thanks to strong growth in Bitcoin (BTC) sales on the platforms.
Out of the total $5.5 billion in revenue, a whopping $2.4 billion came from sales of Bitcoin,...
Block posts 34% increase in Bitcoin revenue in Q2 but shares stumble
4.8.2023
Bitcoin profits on Block’s Cash App dropped slightly from the first quarter of 2023 but remain up 7% from this time last year