Yuga Labs completed the first load test of Otherside metaverse on Wednesday afternoon.
The post Yuga Labs tech demo draws thousands of Otherside land holders appeared first on The Block.
The funding will come from 10% of all Fantom transaction fees and will be held in an Ecosystem Support vault.
The post Fantom community voting on whether to use burn fee to fund projects appeared first on The Block.
Bitcoin miner Riot has started to move its rigs out of a third-party hosting facility in New York and into its new Texas site.
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Binance plans to remove fees for spot bitcoin trading on select pairs, including stablecoin and fiat combinations.
The post Binance set to drop bitcoin trading fees to zero on select pairs globally appeared first on The Block.
DeFi startup Ondo Finance has raised $10 million in a public token sale via CoinList by selling its ONDO token.
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Bitcoin miner CleanSpark increased its mining production by about 10% in June and sold most of the bitcoin mined last month.
The post CleanSpark sold nearly all 339 bitcoin it mined in June appeared first on The Block.
In this episode of The Scoop, Core Scientific founder Darin Feinstein explains the significance of the technology underlying the bitcoin blockchain, and why it represents the first innovation to the field of accounting in over 700 years.
The post Bitcoin is the ‘Holy Grail’ of accounting, says Core Scientific founder appeared first on The Block.
Quick Take
- Apart from declining profitability, mining companies are also bleeding on the equipment front as ASIC miner value depreciates.
- Meanwhile, the hefty remaining equipment payables have started to cause some companies to step back from previous expansion plans.
- Mining companies’ spendings on property, plant and equipment have already slowed down over 22’Q1 compared to 21’Q4.
- In this piece, we take a further look at the current state of the bitcoin ASIC miner marketplace.
An engineer’s interest in joining what turned out to be a fictitious company led to March’s $540 million Axie Infinity hack.
The post How a fake job offer took down the world’s most popular crypto game appeared first on The Block.
With the Sepolia testnet merge, Ethereum developers have take another step closer to the merge on the main blockchain later this year.
The post Ethereum developers activate the merge on Sepolia testnet appeared first on The Block.
