Tuesday, June 28, 2022
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China’s Blockchain Service Network (BNS) Chair Tags Bitcoin A Ponzi and Stablecoins Fine If Regulated

As the Chinese government continues to celebrate the decline of the cryptocurrency market, a top Chinese blockchain expert has called crypto a Ponzi scheme. The CEO of Red Date Technology, one of the leading tech firms in developing China’s major blockchain project, Yifan He, recently wrote an article where he

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Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop

The overall power consumption of the Bitcoin (BTC) network recorded a drastic drop after mimicking the two-week-long fall in the mining hash rate, which reduced the commuting power for mining BTC blocks to 199.225 exahash per second (EH/s). According to the data shared by the Cambridge Centre for Alternative Finance, the

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Celsius Network hires advisers ahead of potential bankruptcy: Report

Crypto lending platform Celsius Network has reportedly onboarded advisers from a management consulting firm in advance of the company possibly facing bankruptcy.According to a Friday report from the Wall Street Journal, Celsius hired an unknown number of restructuring consultants from the firm Alvarez & Marsal to advise the platform on

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Bastyon Crypto Social Network Integrates TOR Network and Releases Post Advertising for Pocketcoin (PKOIN) – Press release Bitcoin News

press release PRESS RELEASE. Bastyon as the Web 3.0 Social Platform Most crypto projects are nothing but cones of a few successful coins. Bastyon, on the other hand, is a fast-growing social platform that combines elements of Youtube, Twitter and Torrent; it recently passed four hundred thousand users and growing fast.

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Bitcoin Lightning Network Capacity charges through 4,000 BTC

There’s cause for celebration from the world’s largest cryptocurrency. The Lightning Network hit the 4,000 Bitcoin (BTC) public capacity milestone, meaning $120 million in value is ready for peer-to-peer payments.The Lightning Network first broke the 1,000 BTC barrier in August 2020 and the 2,000 BTC barrier in July 2021. The

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