Bitcoin mining difficulty increased by 70% in a year. According to BTC.com, on March 24, 2022, BTC mining difficulty was 27.42 T. As a result of the next recalculation on March 24 this year, the indicator reached a new all-time high at 46.84 T. The previous record was set on March 11, when the difficulty...
The difficulty of mining bitcoin has reached a new record. As a result of the next recalculation, carried out on March 11, it updated its historical maximum, having increased by 1.16%, to 43.55 T, according to BTC.com. The previous record was set on February 25, when the difficulty reached 43.05 T. At that time, the...
The American mining company TeraWulf has announced the launch of the Bitcoin production site, which receives 100% energy from the nuclear power plant. A joint Nautilus object with Cumulus Coin with a capacity of 200 MW is connected to the Saskuekhanna nuclear power plant in Pennsylvania. The press release states that this is the first...
Staking Ethereum coins will not unlock until April at the earliest. During the discussion of the Shanghai hard fork on March 2, which was attended by all the main developers of the network, it was decided that the update, after which the withdrawal of locked tokens will become available, will occur at the earliest in...
Jack Dorsey, the co-founder of the social networking platform Twitter, is progressing with Bluesky — a decentralized Twitter alternative — as its mobile application enters private beta testing. Bluesky has hit the Apple app store as an invite-only app, allowing certain persons to try out the new social experience by creating an account via an...
DeFi platform Oasis seized assets related to the Wormhole cross-chain bridge hack that occurred in February 2022. The operation was authorized by a British court. To extract assets, the developers used a vulnerability in the multi-signature administrator access mechanism, which was previously discovered by an unnamed white hat hacker. According to the statement, in accordance...
Solana network faced a slowdown in block production on Feb. 25 following an upgrade in the validator software. The incident resulted in disruptions to transactions and led validators to downgrade the software in an attempt to restore network performance. The technical issue started around 6:00 am UTC, leading validators to downgrade to version 1.13 to...
The Proof of Stake Alliance (POSA), a nonprofit industry alliance, has published two white papers examining on the status of deposit tokens in United States securities and tax law on Feb. 21. The papers were authored by representatives of over 10 industry groups. Liquid staking is the practice on blockchains using a proof-of-stake consensus mechanism...
Despite its ongoing crackdown on crypto, China continues to embrace blockchain technology — up to the point of launching the National Blockchain Technology Innovation Center in the capital city of Beijing. According to the China Daily’s report from Feb. 8, the center will create a research network with local universities, think tanks and blockchain businesses...
The transaction included the exchange of tokenized gold between the two parties using blockchain technology and digital settlement of the national currency. Rosbank has successfully demonstrated a deal to exchange digital gold using a new form of national currency, according to a bank press release. The transaction was carried out on the Atomyze platform. According...
