New Record Set By Bitcoin Hash Rate in 8 Days From Halving

On May 3, the Bitcoin (BTC) hash rate posted a new all-time high (ATH) of higher than 150 Exahashes per second (EX/s) in just eight days from the halving and after the mid-March price crash by 40% over two weeks, started to a small journey of miners operating older hardware. …

Ethereum Co-founder Says Issuance of ETH 2.0 Will Be 2 Million a Year If Everyone Participates

Vitalik Buterin, the co-founder of Ethereum, announced that issuance on the Ethereum 2.0 upgrade will be decreased in a podcast interview with POV Crypto called “Internet Money”. Buterin described why the team decided Proof of Stake as the upgraded consensus mechanism, analysing some of the variations between Bitcoin (BTC) and …

To Ensure Quick Withdrawals: Binance and OKEx paid high Ethererum Fees on the Ethereum Blockchain Network

Data reveals that to ensure quick withdrawals for users, Binance and OKEx, the two major crypto exchanges Paid High Ethererum Fees. Blockchain and crypto analytics firm Flipside Crypto data on March 13, shows that when the Bitcoin price fell to $3,600, Binance and OKEx spent large fees for Ethereum (ETH) withdrawals, a …

Bling’s Crypto Gaming Apps Noticed a Surge in Users During COVID19

Bling, the crypto gaming company based in the United States, has recorded a significant boost in the number of people downloading its apps since the lockdown of most of the countries affected by COVID-19 pandemic. Per statistics, Bling’s users are up almost 50% over last month. The platform has reached …

Crypto Firm Ripple Sued YouTube Over Failure to Stop XRP Scam Videos

Brad Garlinghouse- the CEO of Ripple, a finance and cryptocurrency firm based in San Francisco, sued Youtube for its alleged conspiracy in a stream of repeated “XRP giveaway” scams. On Tuesday, April 21, Ripple Labs filed this case in the Northern District of California, seeks damages for Youtube’s failure to …

Rise in Crypto Scams- PlusToken May Still Affect Bitcoin’s Price

PlusToken is not responsible for the recent Bitcoin price crash, however, they may still affect the market, as scam activities are on a peak between the pandemic. Scams continue to be dominant in the cryptocurrency world, supported by the new coronavirus pandemic; scammers are taking advantage of desperate times and …

U.S Govts’ Emergency Money Plan Criticised By Bitcoin Users, Said it Makes fiat ‘Hard to Value’

Since the United States showing another large stimulus package, Bitcoin (BTC) advocates are informing about losing the value of money.Under a new government plan, the United States would contribute $400 billion on further stimulus projects, which means $2,000 per month for every adult. Emergency Money for the People Two Democrat …

Bitcoin Hash Rate Wiped-out March Losses

According to a report of monitoring resource Blockchain, till April 15, Bitcoin’s (BTC) seven-day average hash rate was 114 quintillion hashes per second (H/s), which shows a fresh sign of recovery as its hash rate bounces back to levels from ere March’s crash. Bitcoin Hash Rate Increased The bitcoin network is …

Official Launch of BTC Options Trading on a Mobile App of Binance

On April 13, Binance, a global cryptocurrency exchange has formally launched Bitcoin (BTC) options trading on its futures trading platform. For now, Options trading is limited to only available on the latest version of a mobile app. Options Contracts Options contracts offer traders the chance to purchase either a right to …

The U.S Government’s COVID-19 Relief Plan May Sideline The Fintech As a Lender

The U.S Small Business Administration (SBA) launched a Paycheck Protection Program (PPP) as part of the federal government’s $2 trillion coronavirus relief package, on April 3.  This Paycheck Protection Program (PPP) trying to help small businesses by providing them low-interest and forgivable loans, during the pandemic. The $349 billion loan program …

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