After nearly three years of waiting, bitcoin investors can celebrate the cryptocurrency reaching a new record high.
It’s no longer really news when bitcoin outperforms traditional markets, but November could prove a crucial month for the largest cryptocurrency.
Ethereum’s mining difficulty — an indicator of competition among Ethereum miners, and hashrate — its computing power, have both reached new all-time highs.
The post Ethereum’s mining difficulty and hashrate touch new all-time highs. Here’s why appeared first on The Block.
The cybersecurity specialist foresees a rise in crypto crime ahead in 2021, as the COVID-19 epidemic hits national economies.
Quick Take
- Serum, built on a high throughput blockchain Solana, is an orderbook-based non-custodial exchange
- In October, Serum generated $44.6 million in volume and then $111 million in September
- On an average day, Serum already has nearly 10 times higher volume than Binance DEX but 15 times lower than Gemini
- Knowing that Serum burns 80% of all fees, we can deduce that Serum has generated roughly $800,000 of revenue since launching in late August
Hangzhou-based bitcoin miner maker Canaan has reported a net loss of $12.7 million in Q3 despite bitcoin’s price jump during the same period.
The post Miner maker Canaan reports $12M Q3 loss despite bitcoin price jump appeared first on The Block.
The Eth2 staking deposit contract continues to attract deposits, even after the milestone for the Phase 0 launch was reached last week.
The post ETH worth more than $500 million has been staked for Eth2’s Phase 0 launch tomorrow appeared first on The Block.
A record monthly close could be a harbinger of more profound price gains to come, according to analysts.
The token is being claimed as the first blockchain-based financial instrument in Switzerland to hold an International Securities Identification Number.
The Thanos upgrade is aimed to allow more miner participation and thus increase security.
