You Searched For "Bitcoin network" and got 20 results
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1 min read
The global computing power of the bitcoin network slides after Kazakhstan shuts down the internet amid violent protests
Hours after Kazakhstan's internet went down, bitcoin's hash rate dropped 12%, Larry Cermak of The B…
Isabelle Lee
2 mins read
Twitter is divided over Michael Saylor’s suggestion to use orange tick marks for filtering out bots and scammers
Genuine accounts will get an orange tick mark next to their name, whereas bad actors will be forced…
3 mins read
Terra's luna dives 45% after the network's stablecoin lost its dollar peg again, adding to the pressure on bitcoin
The Luna Foundation Group has said it will sell some of its massive bitcoin reserves to prop up UST…
Weilun Soon
2 mins read
Block's CashApp turns on bitcoin transfers via the Lightning Network for US customers
Cash App, the payments service owned by Jack Dorsey-led Block, promises the Lightning Network will …
Adam Morgan McCarthy
1 min read
Mastercard launches crypto-linked payments cards in Asia that allow holders to convert their crypto to fiat instantly
The cards seek to remove barriers between merchants who do not accept digital assets and customers …
Isabelle Lee
1 min read
Mastercard will allow US banks and millions of merchants to integrate crypto into their products
Mastercard users will be able to earn loyalty rewards based on digital assets.
Carla Mozée
1 min read
The US network of bitcoin ATMs is vulnerable to hacks, according to crypto exchange Kraken
Bitcoin ATMs may seem like a safe proposition, but a report by crypto exchange Kraken showed the ne…
Camomile Shumba
2 mins read
Solana-based data network Pyth says a bug caused bitcoin's price to crash 90% to $5,402 on its feed to DeFi developers
Pyth, a price-data platform used by some of Wall Street's crypto and finance leaders, showed a plun…
Shalini Nagarajan
3 mins read
The bitcoin white paper is 15 years old. Here's what it is and who people think its mysterious author could be.
The crypto community this week is marking the 15th anniversary of the publication of the bitcoin wh…
Aruni Soni
1 min read
BitMart says it's resumed crypto withdrawals three days after hackers stole almost $200 million in funds
Sheldon Xia, the founder of BitMart exchange, said on Twitter withdrawals would be resumed "step by…
Camomile Shumba
2 mins read
FTX boss Sam Bankman-Fried believes bitcoin has no future as a payments network, because its 'proof of work' system means it can't scale up
The billionaire founder of crypto exchange FTX, Sam Bankman-Fried, told the FT that bitcoin won't b…
Zahra Tayeb
2 mins read
Elon Musk is a 'tourist' in crypto who just wants to 'collect followers,' Celsius Network CEO says
"We're going to get to where we're going with Elon or without Elon," Mashinsky said at the Bitcoin …
Will Daniel
2 mins read
Ether could challenge bitcoin as a store of value after major network upgrades, Saxo Bank says
Changes to the ethereum network which will start to destroy tokens are an exciting development for …
Harry Robertson
1 min read
Crypto lender Celsius Network's valuation soars 2,400% in latest fundraising round
Celsius Network raised $400 million in its latest fundraising round, pushing its valuation to $3 bi…
Isabelle Lee
2 mins read
Participation in the bitcoin market grew 12% in the 1st quarter, the 3rd-highest quarterly jump ever, according to CoinDesk
The Bitcoin network added 4 million addresses in the first quarter of 2021, and CoinDesk says retai…
Emily Graffeo
2 mins read
El Salvador's adoption of bitcoin as legal tender poses challenges for the network, JPMorgan says
A large portion of bitcoin is held up in illiquid entities, with more than 90% not being used in tr…
Shalini Nagarajan
2 mins read
MicroStrategy stock is up 250% this year. Michael Saylor says bitcoin allows his firm to compete with giants like the Magnificent 7 for investors' attention.
Saylor said the crypto allows MicroStrategy to keep up with names like Apple and Microsoft — and sh…
Phil Rosen
1 min read
A key measure of the health of the bitcoin network has tumbled 50% from its peak in May following China's crypto crackdown
On May 14, the hash rate fell from 180 EH/s to its current value of 90 EH/s, according to The Block.
Isabelle Lee
3 mins read
The lightning network is driving the current burst of mainstream adoption in bitcoin - here's how it's speeding up transaction times and cutting fees
Since early 2018, the lightning network - a layer on top of the bitcoin network - has been speeding…
Camomile Shumba
1 min read
Bitcoin mining is getting easier after China's crypto crackdown wiped out network capacity
The clear culprit is China, where the government's anti-crypto stance has forced mining operations …