Category: Cryptocurrency
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. As the DeFi space continues its technical resurgence, essential news on funding, innovation and DAOs continues to drive adoption in what remains a nascent industry. For the full version of this newsletter including longer, more descriptive analysis of the top stories this week, subscribe below: […]
The network hash rate jumped 31.69% — from 188.40 EH/s to 248.11 EH/s — in just one day, further ensuring resilience against attacks on the Bitcoin network. 1005 Total views 32 Total shares The Bitcoin (BTC) network has recorded a new hash rate all-time high of 248.11M TH/s as of Feb. 12, 2022, further securing […]
This crypto winter wasn’t a very long one. Having briefly touched $34,000 in the second half of January, Bitcoin (BTC) is on its way up again, touching the $45,000 mark on Feb. 10. Many altcoins have been catching up as well and posting double-digit weekly returns. However, not all relief rallies were equally impressive. Is […]
The latest episode of Cointelegraph’s YouTube series tells the story of Gavin Wood, co-founder of Ethereum and founder of Polkadot and Kusama networks. 2125 Total views 72 Total shares Among the original founding fathers of Ethereum (ETH) is Gavin Wood, who joined a group led by Vitalik Buterin that set out to build Bitcoin’s competition. […]
The country’s finance minister admitted to not having enough information to make a fateful call. 1443 Total views 31 Total shares Yet another statement by a top Indian official suggests that regulatory uncertainty around the status of digital assets in the country will persist in the near term. Responding to the general discussion of the […]
Bitcoin (BTC) is attempting to bottom out and whales seem to be helping it do that. Coin Metrics data shows that whale addresses holding at least 1,000 Bitcoin have been accumulating in the past few days. The total supply of these addresses rose from 7.95 million Bitcoin on Jan. 24 to 8.096 million on Feb. […]
Analysts and pundits will scramble to find some angle to explain intra-day price action whenever important economic numbers are published and this practice is commonplace in the crypto sector. When the United States Bureau of Labor Statistics reported a 7.5% increase in the Consumer Price Index (CPI) on Feb. 10, traders rushed to find some […]
Bitcoin (BTC) addresses holding at least 1,000 BTC, the so-called whales, have started accumulating more tokens during the recent market recovery. As of Feb. 10, the total supply in these addresses was 8.096 million BTC versus 7.95 million on Jan. 24, according to data from Coin Metrics. Bitcoin whales and institutional inflows The buying sentiment […]
Not only does one Norwegian Bitcoin miner boast 99% renewable energy stats, but it’s even using waste heat to dry out timber and, soon, seaweed. 2833 Total views 43 Total shares Norway is a bastion for renewable energy management in Europe. As much as 99% of Norway’s energy derives from hydropower, while the grid often enjoys a […]
The exploit took place on the Ethereum-BSC bridge that saw the hacker use $185 million as collateral to steal $80 million worth of tokens from lending pools. 1250 Total views 50 Total shares The development team behind Bunny Finance and Qubit has decided to disband the protocol and turn it into a decentralized autonomous organization […]