The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network” report by Coin Metrics and analyst Matías Andrade. Battle for Hashrate Dominance The April 2024 halving, which slashed block rewards…
The Digital Chamber is urging the United States Securities and Exchange Commission (SEC) to “reset” its relationship with the digital asset ahead of Donald Trump’s presidency following years of controversial crypto regulation under chair Gary Gensler, a December 18 statement…
The crypto mining sector witnessed significant economic improvements in December, with mining profitability reaching its highest levels in seven months. The hashprice, a key metric for daily profitability of the publicly listed Wall Street Bitcoin Miners, increased by 5% since…
Crypto hacking remains a huge challenge, with the total value of stolen funds surging to $2.2 billion in 2024, a 21.07% year-over-year increase, reports blockchain analytics firm Chainalysis. The number of hacking incidents also grew, rising from 282 in 2023…
Bitcoin mining is becoming an unexpected solution to Europe’s energy problems, according to a Forbes report. During the energy crisis, miners are helping stabilize electricity grids and use extra energy that would otherwise go to waste. Although Bitcoin mining is…
Web3 blockchain security firm Blockaid has launched a dashboard called State of the Chain, providing a look into 2024 onchain activity and security trends. The firm said the interactive tool will give users customizable insights into decentralized applications (dApps), token…