The price of bitcoin has climbed to phenomenal heights during the last few weeks and this has fueled the crypto asset’s mining sector a great deal. Despite the fact that the Bitcoin network’s mining difficulty has never been higher at 21.72 trillion, the hashrate has climbed to a whopping 180 …
Read More »Band of Mining Pools Stand Against “Miner-Robbing” Ethereum Update
Several minority mining pools on Ethereum are working together to bring down the implementation of Ethereum Improvement Proposal (EIP) 1559. The proposal was put forward by ETH developers to help curb the network’s outrageous and highly volatile fees. In response, minority pool Flexpool has stood up against the proposal. Anti-EIP …
Read More »DeFi liquidity pools, explained
Liquidity pools offer passive income opportunities to investors — but how do they work? Source link
Read More »Small Staking Pools on Cardano Boosted by Announcement of New Features
IOHK CEO Charles Hoskinson has announced several new features aimed at helping small stake pools on the Cardano network. Staking on Cardano went live on July 29th, following the Shelley mainnet launch. Although it’s still early days, the past three weeks or so have highlighted a gulf between big and …
Read More »Security Flaw in Balancer Pools Leads to Massive $450K Crypto Hack
Automated market maker protocol Balancer lost over $450,000 in a hacking incident on Sunday. The firm’s co-founder and CTO, Mike McDonald, confirmed that hackers drained at least two of their pools that contained deflationary tokens STA and STONK. He admitted that hackers exploited security vulnerabilities in those tokens to trick …
Read More »Bitcoin Price Dips as Two Mining Pools’ Daily BTC Outflows Hit $68M
HaoBTC and Poolin shift over 7,000 BTC as bullish tendencies appear to fade and BTC/USD falls back to $9,500. Source link
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