Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows Suit

The blockchain network Litecoins computational power reached an all-time high (ATH) på onsdag, Jan. 25, 2023, på blockhöjd 2,411,048, nå 798.43 terahash per sekund (TH/s). För övrigt, Litecoins difficulty also reached an all-time high this week, hitting 23,505,031 the following......

Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go

The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited ashift in the regulatory climate” och “industry-wide capitulationsas reasons......

FTX and Alameda Research Collapse Sad Event but ‘Good for the Long Run’ Says DWF Labs Managing Partner

While the collapse of the crypto exchange FTX and its affiliate Alameda Research is thought to have left many crypto players, including market makers, in the worst possible position, according to Andrei Grachev, managing partner at DWF Labs, this incident may......

Arizona Senator Launches Bill to Make Bitcoin Legal Tender

A senator in the U.S. state of Arizona has introduced a set of cryptocurrency bills, one of which seeks to make bitcoin legal tender. “Centralized digital money controlled by the central bankers is slavery. Decentralized bitcoin is freedom,” the lawmaker said.......

GAIMIN Delivers a Decentralized Approach to the Increasing Requirement for More Data Processing Power

The world-wide demand for data processing is increasing year-on-year, with data processing applications requiring ever increasing performance from data processing devices and services. Industries, such as Artificial Intelligence (AI), video rendering, powering blockchain computations, scientific simulations and research, financial modeling and......

Several Crypto Exchange Websites Taken Down in Kazakhstan

Financial authorities in Kazakhstan have targeted at least five online platforms exchanging cryptocurrencies outside the law. Documents, computer equipment, and cryptocurrency wallets have been seized during searches in the northern part of the country. Kazakhstan’s Financial Watchdog Goes After Unlicensed Crypto......

Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum’s Shanghai Hard Fork

While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature. Lido’s team is seeking community feedback on the proposal that would......

Krypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens

Equity markets began the day in the red following the latest corporate earnings reports from some of the worlds largest firms, including Microsoft. The tech giants recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments,......