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Ukraine Raises More Crypto Than Russia in Year of War, Analysis Unveils – Bitcoin News

The two sides in the bitter conflict in Ukraine have been relying on crypto assets and technology to support their military and humanitarian activities, Elliptic says in a report. According to the blockchain forensics company, the targeted nation has attracted more digital asset donations than the invading power. Ukraine Supporters

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Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year – Mining Bitcoin News

Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year, as Bitcoin recorded a combined 24.89%

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China’s Shenzhen Cloudsky Considering US IPO before Year End

The China Securities Regulatory Commission (CSRC) recently announced rules for domestic companies considering overseas IPOs. According to people familiar with the matter, Chinese cloud service provider Shenzhen Cloudsky Technologies is considering an initial public offering (IPO) where it could generate around $200 million. The sources revealed that the company’s plan to go public

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Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times – Mining Bitcoin News

After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see the largest rise of the year, surpassing the 10.26% increase that occurred on Jan. 15 at block height

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