Bitcoin Mining is Now More Competitive Than Ever, New Data Shows

Miners are dedicating more and more resources to participating in validating bitcoin transactions. Bitcoin’s (BTC) mining difficulty has reached an all-time high, demonstrating the increasing competition for block rewards between miners, data from Blockchain.com revealed on June 27. Mining difficulty, which adjusts to the network hash rate every 2016 blocks, hit 7.86 trillion, a new […]

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CoinMarketCap Pushes Exchanges to Transparency: Sign of Mature Market?

CoinMarketCap and major crypto exchanges are pushing to improve liquidity, strengthening the long-term growth trend of the sector. In May, crypto market data provider CoinMarketCap requested all exchanges in the global exchange market disclose accurate data in a move to improve transparency of the information displayed on the platform. CoinMarketCap declared an ultimatum to all […]

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Oxfam Trials Aid Distribution With DAI, Future Use ‘Highly Likely’

Oxfam issued tap-and-pay cards loaded with $50 worth of DAI to 200 Vanuatu citizens to use via Sempo’s payment platform, following six weeks of direct consultation with villagers. Throughout May 2019, United Kingdom-based nonprofit organization Oxfam International executed a month-long trial that saw MakerDAO’s DAI stablecoin distributed as a means of exchange among citizens of […]

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