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Ethereum Classic Labs Plans ‘Defensive Mining’ Strategy as Hashrate Plummets

Ethereum Classic’s hashrate has dropped precipitously since January and continues to decline after two successful 51% attacks on the network earlier in August. In light of the vulnerability, Ethereum Classic Labs, self-described as “stewards” of the blockchain, detailed a plan to protect and revitalize the fledgling network in a blog

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Developer Activity Surrounding Eos, Tron, and Bitcoin Cash Plummets

A report published by blockchain and AI investment firm Outlier Ventures has found a decline in developer activity of roughly 20% on average across 12 leading blockchain and cryptocurrency projects.In Outlier Ventures’ Blockchain Developer Report for the second quarter of 2020, the firm notes that development fell by half for

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China Vows ‘Immediate Disposal’ of Crypto Exchanges As Bitcoin Plummets

China continues its crackdown on crypto exchanges.Binance and Bithumb raid rumors cause widespread FUD.Will China’s U-turn on crypto impact the market?The Peoples Bank of China (PBOC) has reiterated its position on crypto trading, vowing the immediate disposal of cryptocurrency exchanges.For weeks China’s strict attitude towards cryptocurrencies has seemingly morphed into

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Crypto Fever Plummets 14% in Japan Amid Bitcoin Exchange Sweeps – CCN Markets

Interest in cryptocurrencies like bitcoin tumbled 13.9% in Japan in the latest quarter, according to Japan's financial regulator, the FSA. | Source: ShutterstockInterest in cryptocurrencies like bitcoin tumbled 13.9% in Japan, according to the country's financial regulator.In data posted Sept. 3, the Financial Services Agency (FSA) says the volume

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