Posts Tagged ‘Network’
Bitcoin Network Activity Has Plunged, What is Going On?
The crypto market is recovering from the price drop earlier this month, yet the daily number of Bitcoin transactions continues to decline. This data anomaly reflects changes underway in how the flagship cryptocurrency is being used. It may reflect a greater trend moving forward. MORE HODLING, LESS TRADING Daily transaction activity began to grow steadily…
Read MoreEthereum-Based Social Video Network Integrates Zoom for Live Streaming
The Ethereum-based social media app, Pepo, has integrated with video conferencing platform, Zoom, to facilitate live streaming. Pepo Live Events is currently exclusively available in beta on the platform’s website and has not given an estimate for when it plans to enable mobile functionality. Pepo integrates Zoom for live streaming Only Pepo community admins are…
Read MoreNetwork of Fake Bitcoin QR Code Generators Stole $45,000 in March
A network of malicious QR code generators has stolen more than $40,000 from Bitcoin (BTC) users in one month. At least nine fake Bitcoin-to-QR code generators have been spotted in recent weeks, with security researcher, Harry Denley, first tweeting that he had identified two domains hosting fake QR code applications on March 22. Denley later…
Read MoreBitcoin Cash Miners Leave Network for BTC Amid Difficulty Drop
It’s troublesome times for everyone right now, not least for miners. But as Bitcoin experiences its second-largest drop in mining difficulty at 15.95%, miners have started abandoning BCH for the leading cryptocurrency. Miners Move After Difficulty Drop Soon after suffering a brutal sell-off inline with traditional markets, and the worst in seven years, the Bitcoin…
Read MoreIOTA Network Back Online, But Is the Ordeal Over?
The IOTA Foundation has restarted value transactions on the Tangle, marking a major step in the platform’s recovery from a major security breach. Although the IOTA community now celebrates the seeming return to normalcy, more steps must be taken to save the platform and rebuild its tarnished reputation. IOTA NETWORK NOW FULLY FUNCTIONAL Whereas the…
Read MoreNippon Express Developing Blockchain Transport Network
A Japanese logistics company is planning to incorporate a blockchain network into a new transportation system to be developed next year. According to an article from the Nikkei newspaper, Nippon Express plans to invest up to 100 billion yen — approximately one billion USD — into a blockchain-based transportation network for pharmaceuticals. The Tokyo-based company…
Read MoreBitcoin Network Sees Third Stale Block in Two Weeks
In less than two weeks, the Bitcoin network produced three blocks that did not propagate. The mining anomaly did not create double-spends. Bitcoin Stale Blocks Accelerate on Peak Mining Activity Bitcoin (BTC) is designed with the possibility to discover two blocks at the same time, though this is a relatively rare event. But in the…
Read MoreIs the Bitcoin Network Becoming Unsustainable?
The electricity used to power the Bitcoin network is enough to power the Czech Republic more than once over. New figures by a PwC researcher have shown that the Bitcoin network uses more electricity to keep it running than the Czech Republic, a European country with a population of over 10.5 million people. The process…
Read MoreTether Slashes 30% Off TRON-USDT, Moves Coins to Ethereum Network
A series of large-scale transactions confused the markets today, after a unusual movement of 300M USDT tokens took place. Tether and Binance Cooperated on the Whale Transaction and Token Burn The Tether minting wallet that generated a transaction of 300 million USDT was immediately caught by whale watchers today. The transaction arrived at a time…
Read MoreEthereum Network Draws Developer Ire After Scheduling New Year’s Day Upgrade
The organization behind ether, the world’s second-largest cryptocurrency, is drawing criticism from developers after scheduling an upgrade on New Year’s Day – a work holiday in most countries. The Ethereum Foundation on Monday announced the plan to implement the “Muir Glacier” upgrade on Jan. 1. The upgrade will take place when the ethereum network hits…
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