Blockchain’s has surpassed 2^92 double-SHA256 hashes, hitting a new milestone. With block #632874, which was mined on June 3, the Bitcoin (BTC) blockchain’s expected cumulative work hit a new milestone. According to Blockstream co-founder Pieter Wuille, it has now surpassed 2^92 double-SHA256 hashes, or 4951760157141521099596496896 hashes. Wuille noted that the previous milestone — 2^91 hashes […]
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Cryptocurrency exchange OKEx announced the launch of its Ether options contracts on its trading platform. Cryptocurrency exchange OKEx announced the launch of Ether (ETH) options contracts on its trading platform. According to a June 4 announcement, following today’s launch of ETH options, OKEx will also launch EOS options contracts on June 18. The firm also […]
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Bitfinex and Tether have addressed the updated lawsuit which accuses them of market manipulation. Bitfinex and Tether have denied all allegations featured in an amended class action lawsuit filed against their parent company, iFinex Inc, according to a blog post published today by Bitfinex. The updated lawsuit, filed on June 3 in the Southern District […]
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The price of Bitcoin is at risk of falling to $6,000, a prominent trader known as Pentarhudi warns after a 14% price drop. Prominent Bitcoin trader and technical analyst, Pentarhudi, says the price of BTC could fall to as low as $6,000. The prediction comes after the brutal rejection of $10,500 on June 2. Pentarhudi […]
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The Bitgrin network saw billions of tokens minted, despite a supposed max supply limit of 21 million XBG. The Bitgrin (XBG) network appears to have minted billions of tokens, despite a declared max supply limit of 21 million XBG. On June 4, leading cryptocurrency information website CoinMarketCap warned its followers about the anomaly on Twitter. […]
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As part of its license application process from the local regulator, Malaysian crypto exchange Tokenize integrated an external market surveillance system. Malaysian digital asset trading platform Tokenize Xchange announced that it will be deploying cryptocurrency market surveillance tools developed by the New York-based Solidus Labs. The firm says this will help the exchange achieve Wall […]
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Luxembourg-based startup ANote Music will launch a blockchain-based platform that allows its users to invest in music royalties. Luxembourg-based startup ANote Music will launch a blockchain-based platform that allows its users to invest in music royalties on July 28. In an announcement on June 4, CEO and co-founder at ANote Music Marzio Schena said that […]
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Cryptocurrency-powered web browser Brave Browser announced that its monthly active user count increased 125% over the past year. Brave Browser, a cryptocurrency-powered web browser, announced that its monthly active user count increased 125% over the past year. According to a June 1 announcement, Brave Browser’s monthly active users reached 15.4 million by the end of […]
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A former Goldman Sachs vice president of investment banking: “We should be glad that traditional Wall Street hasn’t come around to embrace crypto yet.” When the Goldman Sachs report came out dismissing Bitcoin’s status as an asset class, there was significant backlash from the crypto community. This is understandable, as for those building in crypto, […]
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Reports indicate that Micree Zhan obtained a significant victory as he led a team of guards into Bitmain’s Beijing office to establish himself as its legal representative. The power struggle inside Bitmain appears to have greatly intensified between June 3 and 4, as reports circulated that Micree Zhan hired guards to take over the company’s […]
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