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On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during the last
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Similarly, we can imagine sprinkling some Web 3, blockchain-enabled magic on media models to create Sybil-resistant media. One of the simplest mechanisms for this is showing a reader content only if they hold some token, or a sum of tokens, in their crypto wallet. Source
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While Ethereum network fees to transfer data dropped significantly in recent times, tapping a low of $5.98 per transaction in mid-March, gas fees are rising once again on the second-largest cryptocurrency network in terms of market valuation. On Sunday, April 3, the average transaction network fee is around 0.0056 ether
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Arthur Hayes has predicted that Ethereum could go to $10,000 and Solana to $200According to Hayes, Ethereum’s rewards in a PoS network makes ETH a bondStakers on ETH2.0 could see 8 – 11.5% APRSolana has the 2nd highest addresses after Ethereum and the price of SOL will benefit from thisArthur
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The miner also reiterated its 2022 hashrate expectations. Source
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Russia's announcement contributed to a spike in BTC above $44,000, although cryptos were already tracking upside moves in equities earlier in the New York trading day. Still, traditional safe-haven assets, such as gold and the U.S. dollar, also rose on Thursday, suggesting some caution among global investors. Original Source
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Cloud vendors are fighting back against cryptojacking, but the hijackers are getting more sophisticated. Original Source
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Voell agrees that industrial mining is growing, but suspects that if the space encounters a true bear market, the plucky home miners will be more likely to ride it out. “It’s much more difficult to squeeze a retail miner out of the market,” says Voell. The big shops are only
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There has been fast growth in the stablecoin economy, with a recent total of $187 billion, which is quite near the $200 billion thresholds. Stablecoins like Terra’s UST and Neutrino Protocol’s USDN are gaining popularity even as Tether remains the most widely used. They experienced a nearly 30% and a 44% rise
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After bitcoin miners caught a break ten days ago when the difficulty dropped 1.49% lower, the network’s hashrate increased more than 15% since then. Currently, the processing power has been coasting along above the 200 exahash per second (EH/s) zone but another difficulty increase is expected to occur in less
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