Bitcoin Centralization: Two Mining Pools Control 57% of Hashrate
TL;DR Foundry USA and AntPool control 57% of Bitcoin’s hashrate, raising concerns about centralization. The concentration of power in a few pools increases the risk...
Tag : Blockchain
Shiba Inu Unveils Decentralized Autonomous Organization to Empower Community Governance
by Fernando
TL;DR The cryptocurrency Shiba Inu (SHIB) introduces a Decentralized Autonomous Organization (DAO) to allow holders to participate in the governance of the project. The DAO...
U.S. Department of Justice Seizes $5 Million in Cryptocurrency, Disrupting Major Investment Fraud
by Fernando
TL;DR U.S. authorities seized nearly $5 million in Tether cryptocurrency linked to investment fraud. Scammers used fake romantic relationships to gain victims’ trust and promote...
Justin Sun Proposes Fee Reductions and Energy Cap Boost for Tron
by jose
TL;DR Fee Reductions and Energy Cap Increase: Justin Sun proposes lowering transaction fees and raising the energy cap on the Tron blockchain to boost daily...
Stork Network Secures $4 Million to Enhance On-Chain Data Access
TL;DR Stork Network has raised $4 million in a funding round led by Lightspeed Faction. The funds will be allocated to the development of ‘Perps,’...
Jimmy Butler and Ben Armstrong Settle Binance Promotion Lawsuit
by Fernando
TL;DR Jimmy Butler and Ben Armstrong settle for $340,000 to resolve a class-action lawsuit over promoting Binance. Butler will pay $300,000, and Armstrong will contribute...
BlackRock Ethereum ETF Breaks $1 Billion Milestone, Outshines Grayscale
TL;DR BlackRock’s Ethereum ETF, ETHA, surpasses $1 billion in net inflows, setting a U.S. record. ETHA received $26.8 million on August 20, but grows more...
Blue-Chip NFTs Surge as Crypto Market Stagnates
by Fernando
TL;DR Sales of high-profile NFT collections such as CryptoPunks and Bored Ape Yacht Club have seen notable increases. NFT sales volume reaches $92 million, this...
Palau Advances National Payment System with Ripple-Based Stablecoin Project
TL;DR Palau completes Phase 2a of its National Payment Service Project, integrating Ripple-based stablecoins. A regulatory and technological framework was developed to support the stablecoin...
Dormant Bitcoin Wallet Surges 8,844% After 10.7 Years of Inactivity
by Fernando
TL;DR A Bitcoin wallet inactive for 10.7 years shows an 8,844% gain. The wallet, valued at $13,259 in 2013, now has a value of $1,185,944....