After the largest downward difficulty adjustment since ASICs started mining Bitcoin, the network difficulty has recorded two consecutive upward adjustments. Our latest Miner Insights piece details several factors likely playing into the higher hash rate and faster block times which drove the upward difficulty adjustments.
Hackers have stolen more than $25 million in cryptocurrency from the Lendf.me lending platform. A similar attack was carried out against the Uniswap cryptocurrency exchange, but no losses were recorded.
Believe it or not, exchanging and storing cryptocurrencies in a secure manner is tricky. It is so because this form of money is new to us and therefore we lack experience.
OS Ecosystem, a Chinese EOS wallet, has abruptly shut down, apparently absconding with $52 million worth of users’ funds. Chinese media outlet ChainNews on April 20 reported that users were unable to access their accounts, and that most of the funds had been withdrawn.
Dubbed as Binance Smart Chain (BSC), it could perform better than the main rival Ethereum on some key metrics
The multicoin capital-backed decentralized finance (DeFi) protocol, dForce has been reported to have suffered an exploit leading to a loss of approximately $25 million.
“Just as the global economy was finally recovering from the 2008 financial crash, the emergence of a worldwide pandemic once again pushed humanity up against the edge of financial Armageddon. With millions of people thrown out of work and governments futilely grasping for solutions, the repeated boom and bust cycles of the 21st century have exposed the shaky foundations of the existing monetary system. In the midst of this uncertainty, cryptocurrency can provide a way of “opting out” of an increasingly unstable system and taking advantage of modern technology to build a more transparent, secure, and equitable financial future. This book is a practical beginner’s guide that will explain the many benefits of cryptocurrency and show several simple, effective ways to begin earning your own crypto. ” -Robert Reed, Cryptocurrency, What It Is And How To Get Started
