It pays to be a white-hat hacker in crypto. The largest hacker who stole more than $23 million from decentralized exchange (DEX) Transit Swap will take a bounty worth almost $690,000 as part of a deal to return user funds, Transit Finance said today. Known as “white hat #1,” the hacker will return 10,000 Binance Coin (BNB), about $2.75 million…
Bitcoin’s mining difficulty reached an all-time high on October 10, which means it’s more difficult than ever before to mine the leading crypto asset. Following the difficulty reduction on September 27, the network’s mining difficulty increased 13.55% higher at block height 758,016 as it printed the highest difficulty rise recorded this year. It’s Now 13.55% More Difficult to Discover a…
The incubator program focuses on EU-based startups building the next generation of Web3 consumer experiences with an emphasis on accessibility and scalability. Source: https://cointelegraph.com/news/bnb-chain-to-boost-european-web3-startups-with-dapp-incubator-program
It’s now harder than ever to mine Bitcoin. Bitcoin miners have been dealt another blow as the network’s difficulty rose 14% to a new all-time high of 35.6 trillion on Monday. Bitcoin mining difficulty is an expression of how many hashes, or guesses, a miner needs to produce the cryptographic string that earns it the right to add the next…
Luxor Technologies is launching an OTC NDF derivative for the bitcoin mining industry. The NDF will follow the hashprice of different companies and offer varying contract terms with flexible settlement options, including BTC.The NDF will follow Luxor’s Hashprice Index to determine hashprice values. Luxor Technologies, a bitcoin mining service provider, has launched the Luxor Hashprice NDF, an over-the-counter (OTC) bitcoin…
Historically, bear and bull market cycles in crypto tend to correlate with the amount of talent that enters the space. Source: https://cointelegraph.com/news/demand-for-talent-in-crypto-less-dependent-on-market-as-industry-matures
Bitcoin was trading near a key support point on Monday as markets prepared for a big week of economic data. The headline release will be Wednesday’s U.S. inflation report, which is forecasted to come in at 8.1% for September, which is lower than August’s rate of 8.3%. Ethereum was also in the red, as the token slipped to a one-week…
There is no bear market for the builders of the Bitcoin network as more and more Bitcoin miners are joining the network, driving up the difficulty. Source: https://cointelegraph.com/news/not-a-minor-adjustment-bitcoin-mining-difficulty-soars-13-5-to-new-ath
This is an opinion editorial by John Quigley, a Bitcoin mining researcher and digital nomad from Ireland. A version of this article was originally published on Adaptive Analysis. Source: Mark Morton For years, a growing divide has been forming between Bitcoin miners and BTC-concerned communities worldwide. A line has been drawn not only in the hash-rate-humming mining facilities around the…
Changpeng Zhao, founder and CEO of Binance, the biggest cryptocurrency exchange by volumes traded, pondered the importance of decentralization and the relation it has with security and freedom. Zhao stated that there are several aspects of decentralization and that this is part of a gradient scale, explaining the different ways in which even Bitcoin can be seen as centralized. …
