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Crypto News
Hut 8 Mining Revenue Drops 43% in Q3 Despite Hash Power Increase
Toronto-based Hut 8 reported C$5.3 million (US$4 million) in Q3 mining revenue Thursday, down 43% from the previous quarter, but the bitcoin mining firm reaffirmed its plans to expand its hash power as the price of the cryptocurrency…
Bitcoin’s Options Market Shows Strongest Bullish Mood on Record
Bitcoin’s options market is in the midst of its strongest bullish sentiment on record as the cryptocurrency rallies to three-year highs. The six-month put-call skew, or the spread between prices claimed by put options and call options…
Bitcoin Breaches $16K as (Committed) Holders Diss Dalio’s Diss
Nov 12, 2020 at 2:12 p.m. UTC
Bitcoin climbed above $16,000 for the first time since late 2017. (Pixabay, modified by CoinDesk)
Bitcoin Breaches $16K as (Committed) Holders Diss Dalio’s Diss
Bitcoin briefly climbed…
Israeli Firm Unveils Tech Allowing Users to ‘Undo’ Erroneous Ether Transactions
Nov 12, 2020 at 10:43 a.m. UTCUpdated Nov 12, 2020 at 2:10 p.m. UTC
(PashaIgnatov/Getty Images)
Israeli Firm Unveils Tech Allowing Users to ‘Undo’ Erroneous Ether Transactions
Kirobo, a Tel Aviv-based startup known…
Hackers, Scammers Have Stolen $7.6B in Crypto Since 2011
Since 2011, $7.6 billion worth of cryptocurrencies have been stolen, according to a new report from Amsterdam-based blockchain analytics firm Crystal Blockchain. The total figure breaks down into two sadly predictable buckets – hacks…
“Unannounced” Ethereum Hard Fork Proves Not All Blockchain Networks Are Built The Same
Earlier today, a change to the underlying Ethereum code made by developers some time ago resulted in an unannounced hard fork, effectively splitting the Ethereum blockchain and creating a new version that is valid for upgraded nodes but…
This project wants to recreate Ethereum on Polkadot
MoonBeam wants Ethereum developers to feel comfortable on Polkadot. The MoonBeam project is planning on setting up a custom parachain that emulates the Ethereum Virtual Machine environment, effectively recreating Ethereum (ETH) on Polkadot…
Ethereum’s ‘Unannounced Hard Fork’ Was Trying to Prevent the Very Disruption It Caused
The Takeaway:The bulk of Ethereum’s DeFi ecosystem went dark earlier today after a latent bug in the Ethereum code split the network’s transaction history in two.The split resulted from a code change that was surreptitiously inserted into a…
MakerDAO’s DAI Stablecoin Breaks $1B Market Cap
“One billion Dai in circulation is a huge milestone and a powerful validation that people around the world want more access, more transparency and more opportunity to maximize their economic potential,” Rune Christensen, MakerDAO’s founder,…
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.Bitcoin (BTC) trading around $15,694 as of 21:00 UTC (4 p.m. ET). Gaining 2.6% over the previous 24 hours.Bitcoin’s 24-hour range: $15,293-$15,973BTC above its 10-day…