Exploring alternative mining options through IoT incentivized networks – Gathering of the Gigahash #2

In this episode of The Gathering of the Gigahash, Dave, Akiba, and Joe from NetworkBits Crypto discuss the state of mining within IoT (Internet of Things) and location services. Joe, who is... Read more »

Solana maintains positive start to 2023 with green trading

The cryptocurrency market cap saw minor net inflows of around $740 million over the past 24 hours and currently stands at $807.70 billion — up 0.07%. Bitcoin and Ethereum’s market caps decreased... Read more »

Justin Sun denies that Huobi is planning layoffs

Justin Sun has stated that the crypto exchange Huobi is not carrying out mass layoffs, according to a report from the South China Morning Post on Jan. 2. The South China Morning... Read more »

Solana climbs above $10 as entire market turns green

The cryptocurrency market cap saw net inflows of around $10 billion over the past 24 hours and currently stands at $806.96 billion — up 1.35%. Bitcoin and Ethereum’s market caps grew 1.09%... Read more »

Behind the two mining pools controlling 51% of the global hash rate

While most of the market focuses on Bitcoin’s price volatility, a much bigger problem seems to go unnoticed. The centralization of Ethereum has been one of the hottest topics in the crypto... Read more »

BTC and ETH bear market started in mid-2021, data suggests

On Nov. 10, 2021, (BTC) established an all-time high of over $68,600, according to CryptoSlate data. On the same day, Ethereum (ETH) reached an all-time high price of $4,864.11, CryptoSlate data shows. The peak in the... Read more »

SushiSwap CEO proposes new tokenomics to survive liquidity crunch

SushiSwap’s CEO, Jared Grey, introduced a proposal on Dec. 30 to alter the tokenomics of the SUSHI token in an attempt to revive the protocol amid a liquidity crunch. On Dec. 6,... Read more »

Nearly $9B worth of ETH was burned in 1.4 years

The second largest cryptocurrency by market cap, Ethereum (ETH), implemented a token burn mechanism on Aug. 5, 2021, through the Ethereum Improvement Proposal (EIP) 1559 upgrade. Since then, nearly $9 billion worth... Read more »

Bahamas Security Commission told SBF to surrender $300 million

FTX and its associated debtors said on Dec. 30 that nearly $300 million seized by the Bahamas’ main securities regulator was transferred without approval. The debtors asserted that the Bahamas Securities Commission... Read more »

Ethereum’s 2 years peak dominance over Bitcoin has not translated into new ATH

Bitcoin (BTC) might be worth more than Ethereum (ETH), but available Glassnode data, as analyzed by CryptoSlate, shows that ETH’s peak dominance has outperformed BTC’s in the last two years. Glassnode’s BTC-ETH... Read more »