Ethereum's advanced improvement proposals might put Bitcoin's dominance at risk

Ethereum’s advanced improvement proposals might put Bitcoin’s dominance at risk

Improvement proposals are crucial to the health and evolution of cryptocurrencies, with the Bitcoin and Ethereum‘s ecosystems at the forefront of several improvement proposals since their inceptions. While Bitcoin has proposals like Lightning Network, Taproot/Schnorr signatures, Miniscripts, and many other promising improvement upgrades, ETH also has also seen proposals like EIP 20, EIP 137, EIP …

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How the World's Largest Mining Pool Is Helping Miners 'De-Risk'

How the World’s Largest Mining Pool Is Helping Miners ‘De-Risk’

“There have been days that F2Pool has lost 100 BTC in terms of having to pay miners without mining blocks themselves, but over a long period of time and with a significant amount of network hashrate those ups and downs even out,” said Thomas Heller, the mining pool’s global business director. F2Pool is the largest …

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Ethereum projects have received nearly $25 million in grant money to date

Ethereum projects have received nearly $25 million in grant money to date

More than 150 Ethereum projects have received nearly $25 million in total grant money to date. The Ethereum Foundation is the biggest donor, awarding over $21 million of the total amount, according to a study by The Block’s Steven Zheng. The foundation is followed by the Ethereum Community Fund, Aragon Foundation, ConsenSys and Protocol Labs. …

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Bitfinex, Tether Seek Subpoenas Across US in Hunt for Missing $800M

Bitfinex, Tether Seek Subpoenas Across US in Hunt for Missing $800M

The Bitfinex crypto exchange is making a new push to find and potentially recover more than $800 million in user funds seized by legal authorities in four different countries after its payment processor’s bank accounts were frozen.  iFinex Inc., Bitfinex’s parent firm, applied for subpoenas in Colorado, Arizona and Georgia this month, asking federal courts …

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For Bitcoin's institutional investors, how important is a regulated environment?

For Bitcoin’s institutional investors, how important is a regulated environment?

When it comes to crypto-markets, the last few years have seen increased institutional interest. Today, Bitcoin is viewed as a legitimate investment tool, with the king coin having doubled down on its store of value narrative. With the third block reward halving taking place in little over a week’s time and with BTC’s price going …

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Argo Blockchain Sees Revenues Soar 11x After Mining 1,300 Bitcoin in 2019

Argo Blockchain Sees Revenues Soar 11x After Mining 1,300 Bitcoin in 2019

Argo Blockchain, a bitcoin mining firm listed on the London Stock Exchange, reported stellar 2019 earnings Wednesday. The company attributed its success to cutting off its consumer-facing arm and focusing on mining some 1,330 bitcoin (BTC) on the year. In its full-year results, Argo said 2019 revenue was up 11-fold from the year before, a …

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Genesis CEO Details 'Black Thursday' Chaos in Q1 Lending Report

Genesis CEO Details ‘Black Thursday’ Chaos in Q1 Lending Report

Genesis, a trading firm that also lends to institutional cryptocurrency investors, has provided a behind-the-scenes look at how staffers scrambled to meet client demands as the spread of coronavirus sent bitcoin prices swooning last month.  As described in its latest quarterly lending report on Thursday, the peak of the drama came on March 12, when …

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Chinese tech giant Tencent launches blockchain accelerator program

Chinese tech giant Tencent launches blockchain accelerator program

Chinese tech giant Tencent has launched a blockchain accelerator, and it plans to mentor 30 companies developing blockchain-based technologies and services. Called Tencent Industrial Accelerator, the program has now begun taking applications, according to the company’s website. Interested projects have until June 6 to apply.  The accelerator is open to both early-stage blockchain startups and …

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