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Crypto Exchange Bitrue Suffers $23 Million Hack

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Singapore-based crypto exchange Bitrue has lost millions of U.S. Dollar’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitwahr…

Nasdaq Aims to Launch Crypto Custody Services in Second Quarter

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Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector…

Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market

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As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 Milliarde, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value…

Brazilian Exchange Bitpreco to Expand to Banking Services; Bets on Cashback to Counter Crypto Fears

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Bitpreco, a Brazilian cryptocurrency exchange, has decided to extend its functionality to offer banking services through a new platform called Bitybank. Das Unternehmen, which will also open payment and digital account services, plans to attract users to crypto through cashback programs…

Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge

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Miners in Vietnam have expressed grievances over the loss of business following Ethereum’s transition to a consensus mechanism that does not require the energy-intensive computing they were providing. Many are in trouble, Lokale Medien berichteten, quoting entrepreneurs and mining enthusiasts. Kryptowährung…

Ethereum’s Post-Merge Transfer Fees Remain Low, Since Mid-May High-Priority ETH Fees Are 93% Cheaper

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Following Ethereum’s transition from proof-of-work (PoW) zum Proof-of-Stake (Schild) on September 15, the blockchain network’s transaction fees have been much lower than they were ten days before The Merge. Roughly four months ago on May 13, 2022, high-priority ether transactions could…

ETC, RVN, ERGO Hashrate Soars Following The Merge, Large Quantity of Hashpower Awaits ETHW Fork

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Ethereum has officially transitioned from a proof-of-work (PoW) network to a proof-of-stake (Schild) system after seven years of operating as a PoW blockchain. The Merge has forced ethereum miners to transition to other PoW-based tokens and after the ruleset change was…

4 Crypto Tokens Reap Hashpower From The Merge, ETC Secures Most of the Hashrate Leaving ETH

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20 Vor Tagen, a poll was shared on Twitter asking miners where they planned to dedicate their hashrate, after The Merge transitions Ethereum into a proof-of-stake (Schild) Blockchain. The proof-of-work (PoW) contenders at the time were tokens like ravencoin, ergo, flux,…

Der in Lido gebundene Wert steigt vor der Fusion von Ethereum, LDO-Token-Sprünge 23% Höher drin 7 Tage

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In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network’s consensus mechanism from proof-of-work (PoW) zum Proof-of-Stake (Schild). Amid the lead-up to…

Inmitten der Fusion von Ethereum, Cardano-Gründer Charles Hoskinson sagt, dass Vasil Fork von ADA bald kommt

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Der Gründer von Cardano, Charles Hoskinson, erklärte am Freitag, dass die Vasil-Hard-Fork bald kommen wird, und stellte fest, dass sie auftreten könnte “irgendwann im September.” Das Krypto-Asset’s Upgrade wurde von dem bevorstehenden Ethereum-Upgrade namens The Merge überschattet. Vasil Hart…