Bitcoin Mining Difficulty’s Record Setting Streak Shows No Signs of Stopping
The difficulty of mining bitcoin is poised to set a new all-time high this week as miners continue to deploy new mining machines to cash in on recent spike in revenue.
Technology
Fantom Will Pay Back 15% of Token Fees to Some Projects
The move is part of an initiative to drive demand for block space, which help add to the value proposition of ftm tokens.
Arbitrum Based Jimbos Protocol Scurries for Revival After $7M Exploit
Version 2 of Jimbos protocol was attacked over the weekend for $7.3 million, just days after going live.
U.S. Presidential Candidate Ramaswamy Takes Potshot at DeSantis Bitcoin Remark
The largest cryptocurrency is suddenly a talking point in the 2024 race, after Florida Governor Ron DeSantis declared he would “protect the ability to do things like Bitcoin” during the launch of his campaign on Twitter on Wednesday.
Attacker Takes Over Tornado Cash DAO With Vote Fraud, Token Slumps 40%
A malicious proposal allowed an unidentified attacker to take over Tornado Cash, opening up the floodgates to a potential treasury drain.
Bitcoin Payments App Strike Expands to More Than 65 Countries From Three
Strike, led by Jack Mallers, currently operates in the U.S., Argentina and El Salvador. The push into new markets in Africa, Latin America, Eastern Europe, Asia and the Caribbean would add a host of additional countries, from Antigua and Barbuda to Vanuatu and Zambia.
Jack Dorsey-backed TBD Launches New Web5 Toolkit to Decentralize the Internet
The official announcement by the unit of Block (SQ) was made Thursday at the Bitcoin 2023 conference in Miami Beach, Florida.
Privacy-Focused Network Horizen Expected to Undergo Node Upgrade in June
The upgrade would bring enhancements to sidechains and bug fixes.
Coinbase Cloud Joins Chainlink as Node Operator to Bolster Security
Telecoms giants Swisscom, Deutsche Telekom and news provider Associated Press are also Chainlink node operators.
ApeCoin DAO Approves Proposal to Boost Bored Ape NFTs, APE Ecosystem Growth
The Ape Accelerator will incubate and launch new projects that strengthen the Bored Ape Yacht Club and ApeCoin ecosystems.