Bitcoin Miner Greenidge Seeks to Raise $22.8 Million in Class A Common Stock Proposal
News

Bitcoin Miner Greenidge Seeks to Raise $22.8 Million in Class A Common Stock Proposal – Mining Bitcoin News

The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 million, according to a U.S.Securities and Exchange Commission (SEC) filing published Wednesday. According to the prospectus disclosing information, the New York-based Greenidge conducted a sales agreement with the investment firms B. Riley Securities and Northland Securities. Bitcoin Miner Greenidge Generation Looks to Raise $22.8 Million via Stock Offer…

Continue Reading

So What If Bitcoin Fee Revenue Is Low
News

Nothing’s Cheaper Than Proof-Of-Work Consensus – Bitcoin Magazine

This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Paul Sztorc to break down why all roads lead to proof-of-work and how proof-of-stake protocols are fooling themselves by thinking that proof-of-stake technology can stay decentralized and secure. Watch This Episode On YouTube Or Rumble Listen To The…

Continue Reading

News

Nothing’s Cheaper Than Proof-Of-Work Consensus – Bitcoin Magazine

This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Paul Sztorc to break down why all roads lead to proof-of-work and how proof-of-stake protocols are fooling themselves by thinking that proof-of-stake technology can stay decentralized and secure. Watch This Episode On YouTube Or Rumble Listen To The…

Continue Reading

Binance-Backed BNB Smart Chain Paused Over Potential Multi-Million Dollar Exploit, Token Slides 4%
News

Binance-Backed BNB Smart Chain Paused Over Potential Multi-Million Dollar Exploit, Token Slides 4% – Bitcoin News

On Thursday, 6:19 p.m. (ET), the official Twitter account for the Bnb Smart Chain explained that the team was temporarily pausing the blockchain, after citing that it noticed irregular activity. Sources say that more than $600 million in Bnb tokens were reportedly stolen from the chain’s cross-chain bridge. The Bnb Smart Chain team detailed on Reddit that funds “taken off…

Continue Reading

Binance Smart Chain Halted Over 'Potential Exploit,' $100 Million Taken Off Chain
News

Binance Smart Chain Halted Over ‘Potential Exploit,’ $100 Million Taken Off Chain

Transactions on the Binance blockchain, also known as BNB Chain and Binance Smart Chain, were halted today after a potential exploit in the network was detected through a spike in “irregular activity.” The initial announcement was posted to Twitter by BNB Chain at 9:19 pm EDT, saying there would be a temporary pause on the BSC network. By 9:35 pm…

Continue Reading

Binance Smart Chain Halted Over 'Potential Exploit'
News

Binance Smart Chain Halted Over ‘Potential Exploit’

Transactions on the Binance blockchain, also known as BNB Chain and Binance Smart Chain, were halted today after a potential exploit in the network was detected through a spike in “irregular activity.” The initial announcement was posted to Twitter by BNB Chain at 9:19 pm EDT, saying there would be a temporary pause on the BSC network. By 9:35 pm…

Continue Reading