Bitcoin prices were mainly unchanged early in Friday’s session, as traders prepared for the weekend. Following a strong start to the week, crypto prices have mostly consolidated in recent days. ETH was once again trading close to support at $1,750. Bitcoin Following a strong start to the week which saw BTC hit a high of almost $32,000, prices have since consolidated, trading slightly below $30,000. So far into Friday’s session, BTC was once again lower, as it continued to trade… Source link

Arman Shirinyan Monero update will bring network’s security to whole new level, here’s how The long-awaited tail emission on Monero network is being launched today and changing the original stop output to a linear output. The change will increase the network’s security and stability with each block generating 0.6 XMR constantly. The tail emission will provide 0.6 XMR as a reward for miners per every block generated on the network in contrast to other blockchains like Bitcoin, allowing… Source link

Bitcoin (BTC) is squeezing its miners this month as suppressed prices threaten to impact profitability. The latest data shows both narrowing profit margins and miners waiting longer to recoup their initial investment. Miner production cost faces off with BTC price While Bitcoin miners have largely held off on major distribution as BTC/USD descends from all-time highs, the picture now appears precarious. Calculations from on-chain analytics platform CryptoQuant reveal that miners’ production… Source link

The adoption of Bitcoin (BTC) could occur more rapidly than the adoption of past disruptive technologies such as automobiles and electric power, with global take-up likely to hit 10% by 2030 according to a new report. In its Wednesday report, Blockware Intelligence said it arrived at this forecast by examining historical adoption curves for nine past disruptive technologies including automobiles, electric power, smartphones, the internet and social media, along with the growth rate of… Source link

Litecoin (LTC) is on the spotlight once again days after launching its Mimblewimble upgrade  and for a related reason. Multiple South Korean crypto exchanges have reportedly announced plans to delist LTC. According to official Upbit press release, they will be delisting Litecoin from its exchange. According to local Korean news source – Bimeiti, at least 4 other crypto exchanges have also followed suit. #LTC #Litecoin #MimbleWimble #ltcdelisting #delisting… Source link

Optimism’s mysterious hacker is at it again.  Ethereum layer-2 scaling solution Optimism revealed yesterday that a hacker made away with 20 million Optimism (OP) tokens after token launch partner Wintermute accidentally transferred the tokens to the wrong account. Now, the hacker has made their next move, sending one million of the stolen OP tokens to Ethereum co-founder Vitalik Buterin’s wallet.  OP tokens are the native tokens of Optimism’s new DAO, the Optimism Collective DAO…. Source link

Ether (ETH) is down 25% in just a month and even the recent upgrade to a proof-of-stake (PoS) consensus on the Ropsten testnet failed to move the altcoin’s price.  The merge is meant to address energy-use issues and open a path for higher transaction output, but the actual full transition for the Ethereum network is not expected until later in the year. Ethereum developer Parithosh Jayanthi also noted that some bugs on the PoS implementation emerged, but those should be fixed over the… Source link

Monero just announced the launch of its tail emission upgrade which is one of its latest and greatest milestones. Here’s what you need to know about the upgrade, its impact on Monero and whether it will impact XMR’s price action. The tail emission upgrade can best be described as a perpetual incentive designed to incentivize mining. The upgrade will provide a 0.6 XMR reward for every block created in the network. However, the most notable thing about the reward is that it… Source link

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link