One of the largest online networks, Reddit, has announced a new community points system based on the Ethereum blockchain. In a bid to create a more user-centric social media platform — “a free frontier” — Reddit has introduced its new community points system built on top of the Ethereum blockchain. In a slide presentation shared […]
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The hash rates of BCH of BSV have recovered, after crashing hard following their April halvings. Mining profitability for BSV, BCH, and BTC is now roughly the same. The Bitcoin Cash and Bitcoin SV hash rates have recovered following a dramatic fall after their halvings in April, as the Bitcoin hash rate declined since the […]
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The parabolic rise in Ether long positions has increased the risk of a violent crash, as uncertainty surrounding the launch of ETH 2.0 grows. With anticipation growing for Ethereum’s long-awaited ETH 2.0 revamp, Ether long positions have gone parabolic on Bitfinex since February. But with short positions also growing, and co-founder Vitalik Buterin withdrawing last […]
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Flipside Crypto and Prysm Group have partnered to release the Economic Suite, which lets blockchain projects measure how speculative and decentralized they are. The Economic Suite, developed by Flipside Crypto and Prysm Group, is a new blockchain economic tool that will let projects view advanced economic data about their ecosystem. The partnership, whose results were […]
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A report indicates that despite concerns over mining after the halving, the health of the Bitcoin network remains excellent. A recent report from Glassnode indicates that Bitcoin (BTC) network health is close to its maximum despite the recent halving of miner rewards. On-chain BTC Index The company has recently introduced its on-chain BTC Index (GNI) […]
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The United Nations has released a report to raise governmental and international awareness for blockchain’s application in the seafood value chain. Blockchain has become one of the most discussed technologies in relation to supply chain management, given its ability to provide transparency and traceability within a number of value chains. The Food and Agriculture Organization […]
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A new Chinese mining pool swiftly takes 5% of the Bitcoin mining pie, while its origins remain unknown. New China-based mining pool Lubian accounts for 5.15% of the total Bitcoin (BTC) hash rate, just three weeks after processing its first block. The pool was originally spotted by BlockBeats, a Chinese blockchain news outlet, on May […]
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Monday may have been uneventful for Bitcoin’s price, but it was a historic moment nonetheless. Bitcoin’s (BTC) third block halving has finally taken place. The year’s most talked-about crypto event happened at 3:23 p.m. EST on Monday, May 11, as block number 630,000 was successfully mined. The Bitcoin block reward has now gone down from […]
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Bitcoin miners are not likely to see capitulation and especially a “mining death spiral” after the 2020 halving due to four major reasons. A popular narrative revolving around the Bitcoin (BTC) halving is that it may trigger the capitulation of miners. But, it is premature to suggest many miners will shut down in 2020 and […]
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Notable entrepreneurs are backing the seed funding round led by Pathfinder that aims to strengthen Lolli’s app. Bitcoin rewards company Lolli has announced on May 11 the close of an oversubscribed $3 million seed II funding round led by Pathfinder and investors like Michelle Phan, Ashton Kutcher and Guy Oseary. According to the announcement, the […]
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