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Aave's Second Version, New Bitcoin Mining Pool in North America + More News


Bitcoin mining rigs. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. DeFi news Decentralized finance (DeFi) platform Aave has announced today that Aave V2 is live on mainnet. The new version...

Defi Yield Protocol Is a Massive Boost for Yield Farmers and the Defi Space


Since February 2020, we have seen a steady growth of the blockchain space and, most significantly, decentralized finance. While DeFi isn’t entirely new, the network’s growth has been more aggressive this year than it has ever been. The distribution of COMP governance token and...

Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners


Reports say the Venezuelan state electricity company Corpoelec is disconnecting bitcoin mining farms in Carabobo state on orders from authorities. The power disconnections come amid reports that government and Corpoelec officials are planning to meet mining farm operators. According to one report...

Ethereum User Spends $9,500 in Fees Sending Just $120 in an Error to Forget


An Ethereum user mistakenly paid $9,500 in transaction fees to send just $120. The user, identified by their Reddit moniker ‘Proudbitcoiner’, says the transaction “destroyed my life” and is now desperately asking miners to return the money. According to a Nov. 4 post...

Hathor Merge Mining Pool Commands 33% of the Bitcoin Cash Hashrate


Bitcoin Cash proponents have been recently discussing a new mining entity with a large amount of hashrate joined the network. The merge mining operation called HathorMM currently captures 33% of the Bitcoin Cash hashrate and the miners are also mining Bitcoinsv as well. The Bitcoin Cash (BCH)...

Justin SUN Announces Observation List for SUN Mining Pool Community


TRON Co-founder and CEO Justin SUN announced the observation list of the SUN mining pool community that serves as the reference for mining pool listing. In a Twitter thread posted on Sunday, Justin stated that SUN holders will use their tokens to vote and govern the community for setting up...

Romanian Programmer Admits Conspiring to Create $722M Bitclub Ponzi Scheme


A Romanian man admitted Thursday to conspiring to engage in wire fraud and selling unregistered securities linked to Bitclub Network, a cryptocurrency mining Ponzi scheme worth at least $722 million. Silviu Catalin Balaci, 35, a Romanian citizen appeared before U.S. District Judge Claire C. Cecchi....

Ethermine Mining Pool Cashes in Its $2.6 Million Ethereum Fee Windfall


Ethermine will now proceed to distribute its $2.6 million bonanza from a series of bizarre ethereum transactions last week after the fund’s owner failed to make a valid claim. On June 11, the miner, a unit of Bitfly, received the record fee in a transaction involving just 350 ether (ETH),...

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