This Week in Coins: Ethereum Outpaces Bitcoin as Markets Thaw
Seven-day price action remained mostly positive even as industry news ... did not.
Ethereum’s Vitalik Buterin Claps Back at Bitcoin Maxis Who Mock Proof of Stake
Vitalik Buterin is taking to Twitter to defend Ethereum’s move to proof of stake.
The Next Big Thing in NFTs: Selling Them for Peanuts
The pitch to fans: Support music or art out of goodwill, in exchange for a sense of ownership or patronage. NFT Would you buy an NFT for $1,000? How about…
BlockFi CEO Denies FTX Is Set to Acquire Crypto Lender for Only $25M
If a deal goes through, it won't be the first time FTX started an acquisition with a line of credit. Acquisition talks between BlockFi and FTX may be nearing an…
Nexo Says It’s Nothing Like Celsius and Other Crypto Lenders. Here’s What the Data Shows
The ongoing liquidity issues at crypto lenders BlockFi, Celsius, and Voyager Digital have put other crypto lenders in the hot seat, with some rushing to assure clients that their funds…
Ethereum Wallet MetaMask, Solana’s Phantom Patch ‘Demonic’ Security Bug
Solana wallet Phantom announced Wednesday that it’s rolling out a new update next week to further strengthen its security after it patched a “demonic vulnerability” discovered by blockchain cybersecurity firm Halborn in May of…
BIT Mining reports 40% dip in revenue
For the second day straight, a significant number of the stocks followed by The Block shut in the green, with Northern Data, Hut 8, and Riot posting the most noteworthy…
As Bitcoin Price Slides, Older Mining Rigs Are Becoming Less Profitable
Mining a Bitcoin block just became easier because some miners have been dropping out of the network to cut their losses The difficulty of mining a bitcoin block fell by…
As Terra Dies and Forks, Protocols and Projects Move to Polygon
Polygon Studios CEO Ryan Wyatt shared via Twitter yesterday that Polygon—a sidechain built to compliment and help scale Ethereum—is launching a “multi-million dollar fund” called the Terra Developer Fund to…
Price halved, why is Bitcoin still widely adopted?
Since 2022, the crypto market has continued to be volatile, and the price has dropped by more than 50% since the high point in 2021. Then the price halving did…
