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Posts Tagged ‘block’

Momentum Is Building to Block Ethereum ASICs

Several ethereum miners and developers have come forward with the goal of stopping specialized mining hardware from effectively operating on the network. Underway since April, the controversy surrounding application-specific integrated circuits (or ASICs) on ethereum rose after news broke last Thursday of a new line of specialized mining hardware that claims to generate more than six times…

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Kraken Introduces ‘Block Trading’ OTC Option for Trades of $100K or More

A short post on the Kraken blog announced a major addition to the exchange. Kraken introduced a block trading option for those who are ready to bet $100,000 or more on crypto. Block Trades by Definition Venture capitalists, investment firms, family offices, and high net-worth individual investors are often willing to gamble hundreds of thousands — perhaps…

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EOS Block Producers Move to Cut Costs for Users

The EOS blockchain project is hoping to boost the onboarding of new users by reducing the cost of opening accounts. EOS New York, one of the network’s 21 block producers (the entities elected to verify transactions on the network), announced Thursday that 15 block producers had approved a new protocol update which reduces cost of…

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Ethereum Core Devs Delay ‘Difficulty Bomb,’ Reduce Block Rewards to 2 ETH

Ethereum (ETH) core developers decided on their regular YouTube meeting August 31 to delay the “Difficulty Bomb” by agreeing to include the code for such a change into the upcoming Constantinople hard fork. One of the prime objectives of the Ethereum Foundation lies in the adoption of a new consensus algorithm – Proof-of-Stake (PoS). In…

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Firefox to Block Cryptojacking Malware in New Browser Releases

Firefox will block cryptojacking malware in future versions of its web browser, according to an announcement August 30. The move comes as part of an anti-tracking initiative expected to be implemented over the next few months. In the announcement, Firefox cites a study by browser extension Ghostery, stating that 55.4 percent of the total time…

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Firefox Plans to Block Crypto Mining Malware in Future Releases

Firefox, the popular Web browser, will soon begin automatically blocking crypto mining malware scripts as part of a wider performance-enhancing push. The Mozilla Foundation, the not-for-profit organization behind the open-source browser, said Thursday that it intends to block trackers and other “harmful practices” in upcoming releases. Some of these features, such as the anti-tracking function,…

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WeChat, Alipay to Block Crypto Transactions on Payment Platforms

Chinese mobile payment platforms WeChat Pay and Alipay are scrambling to keep up with regulators after recent announcements regarding initial coin offerings (ICOs) and cryptocurrencies. Both payment giants have said that they will work with the government agencies closely to monitor cryptocurrency transactions, according to news releases on August 24. As CoinDesk reported on Friday,…

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China Seeks to Block Access to 124 Foreign Crypto Exchanges

Chinese regulators are moving to block more than 100 overseas crypto exchanges offering trading services to domestic investors. Shanghai Securities Times, a mouthpiece of the Chinese financial authorities, reported on Thursday that the China National Fintech Risk Rectification Office has so far identified 124 trading platforms with overseas IP addresses but that are still available in the…

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Regulators Seek to Block 124 Foreign Crypto Exchanges Available in China

Chinese financial regulators are moving to block more than 100 overseas crypto exchanges that are offering trading services to Chinese residents. Shanghai Securities Times, a mouthpiece of Chinese financial regulators, reported on Thursday the China National Fintech Risk Rectification Office identified so far 124 trading platforms with overseas IP addresses but available in the country. To…

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Bitcoin Trend Chart Predicts 2020 Block Halving Could Be Massive For Price

The next Bitcoin block reward halving event could prove to be a watershed moment for its price, according to data currently circulating around social media. $10 Million By 2023? A summary of Bitcoin’s price at the first two block halvings uploaded to Reddit by Telegram news channel What’s On Crypto notes that Bitcoin prices increased…

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