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Avalanche introduces Bitcoin bridge as Core wallet feature

Avalanche introduces Bitcoin bridge as Core wallet feature

The bridge will tokenize Bitcoin so it can be used on Avalanche’s DeFi protocols.

The post Avalanche introduces Bitcoin bridge as Core wallet feature appeared first on The Block.

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Coinbase’s advanced trading platform, Coinbase Pro, set to close

Coinbase revealed that Coinbase Pro will be closed later this year, with advanced trading features incorporated into Coinbase.com.

The post Coinbase’s advanced trading platform, Coinbase Pro, set to close appeared first on The Block.

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Singapore regulator will be ‘brutal’ for bad behavior in crypto, FT reports

“If somebody has done a bad thing, we are brutal and unrelentingly hard,” says MAS’s chief fintech officer, Sopnendu Mohanty.

The post Singapore regulator will be ‘brutal’ for bad behavior in crypto, FT reports appeared first on The Block.

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Bitcoin mining stock report: Wednesday, June 22

Here’s how crypto mining companies performed on Wednesday, June 22.

The post Bitcoin mining stock report: Wednesday, June 22 appeared first on The Block.

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Ontario regulator fines Bybit and bars Kucoin in continued fight against unregistered crypto exchanges

The Ontario Securities Commission sees more courtroom wins against unregistered crypto exchanges. 

The post Ontario regulator fines Bybit and bars Kucoin in continued fight against unregistered crypto exchanges appeared first on The Block.

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Do Kwon has ‘great confidence’ in rebuilding Terra blockchain: WSJ

Terraform Labs CEO Do Kwon expressed confidence in the latest efforts to rebuild the Terra blockchain following the collapse of its predecessor.

The post Do Kwon has ‘great confidence’ in rebuilding Terra blockchain: WSJ appeared first on The Block.

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Terra Bitcoin mining pool officially launches

The bitcoin mining pool is a partnership between bitcoin miner Argo and Canada-based DMG Blockchain Solutions.

The post Terra Bitcoin mining pool officially launches appeared first on The Block.

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State of Bitcoin Mining: H1 2022

Quick Take

  • Bitcoin’s hashprice has reached the lowest point since summer 2020 amid recent market tumble. 
  • Although the network’s hashrate has decreased over the past week, it is still up 11.3% year-to-date.
  • Mid-tier ASIC miners launched in 2019 are now struggling to produce meaningful profits at a global average energy rate.
  • This piece reviews the bitcoin mining’s landscape over the first half of 2022.

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Rare CryptoPunk NFT listed for less than half price paid four months ago

One NFT collector who bought a CryptoPunk for $23.7 million in February has listed the same item for sale at a loss of about $14 million.

The post Rare CryptoPunk NFT listed for less than half price paid four months ago appeared first on The Block.

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Coinbase launches redesigned mobile DeFi wallet, adds Solana support

Cryptocurrency exchange Coinbase has today announced the rollout of its newly redesigned noncustodial wallet on mobile devices.

The post Coinbase launches redesigned mobile DeFi wallet, adds Solana support appeared first on The Block.

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