Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction

During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022.

Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% Lower

While bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18.

Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving

After reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low of 182 exahash per second (EH/s).

Litecoin's MWEB was going to aid a rally but is now getting delisted - what's going on

From the look of things, the MimbleWimble Extension Blocks (MWEB) implemented on Litecoin’s Network have failed to provide the much-required succor for the Network's LTC token.

Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks

Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects.

Report: Five South Korean Crypto Exchanges Respond to Litecoin MWEB Upgrade by Delisting the Coin

Five South Korean cryptocurrency exchanges recently said they will delist litecoin because the crypto asset’s Mimblewimble Extension Blocks (MWEB) upgrade violates the country’s laws.

Huobi Exchange Floats Investment Arm Ivy Blocks

Huobi Exchange, one of the largest trading platforms in the world has launched its investment arm, dubbed Ivy Blocks as it seeks to deepen its foothold in the growing Web3.0 ecosystem (Read More)

Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per Second

While Bitcoin’s mining difficulty was expected to decrease two days ago on June 8, instead the difficulty increased by 1.29% on Wednesday.

What are Soulbound Tokens? Building Blocks for a Web3 Decentralized Society

Proposed by Ethereum creator Vitalik Buterin, Soulbound Tokens are non-transferable, non-financialized tokens for a Decentralized Society.

Ethereum Proof of Stake Merge Goes Live on Ropsten Testnet 

Ethereum’s oldest testnet is now using a proof of stake consensus mechanism to generate blocks, rather than mining. 

Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month

During the last 30 days, the price of bitcoin has lost more than 22% against the US dollar but during that time, Bitcoin’s hashrate has remained above 200 exahash per second (EH/s).

What is chain reorganization in blockchain technology?

Chain reorganization means that blocks in your node's old longest chain will be deactivated in favor of blocks in the new longest chain. What are the advantages and disadvantages of PoS blockchains?Proof-of-stake (PoS) blockchains have numerous advantages over proof-of-work (PoW) blockchains as they are more environmentally friendly and have no centralization issues.

Terra (LUNA) 2.0 relaunches according to Do Kwon's revival plan

The Terra 2.0 mainnet (Phoenix-1) went live today as per the original timeline set by Terra developers and started producing blocks. Do Kwon, the co-founder and CEO of Terraform Labs, confirmed the relaunch of Terra’s new chain, Terra 2.0, which aims to revive the fallen Terra (LUNA) and TerraUSD (UST) ecosystem. Kwon’s revival plan for Terra involves hard forking the existing blockchain and reissuing LUNA tokens to existing investors based on a snapshot before the death spiral bled the LUNA and UST markets — effectively resulting in unrecoverable losses for investors.Pheonix-1 mainnet is now live and producing blocks - public node services, wallets and explorers should be going live shortly.

Terra 2.0 is Live: Here Are the Exchanges to Support the LUNA Airdrop

Terra 2.0 is live and producing blocks.

Ethereum’s Beacon Network Deals With a 7-Block Chain Reorganization

On May 25, seven blocks were reorganized on Ethereum’s Beacon chain at 8:55:23 a.m.