Satoshi Nakamoto’s Seminal Bitcoin White Paper Turns 14 Today â Bitcoin News
[ad_1] Approximately 14 years ago today, on Halloween, Satoshi Nakamoto introduced Bitcoin to the world by sharing the renowned white paper. Satoshiâs invention, shared on metzdowd.comâs Cryptography Mailing List, not only solved a problem that had plagued computer scientists for years, but the invention also redefined how people look at money. Furthermore, as a side […]
Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses âItâs Going to Hit Southâ â Economics Bitcoin News
[ad_1] Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes a âpretty big recessionâ will take place in 2023. Speaking in an interview on Oct. 28, Hanke said that he updated the probability of a U.S. recession […]
Stablecoin HUSD Continues to Trade Below $1 Parity as Token Taps an All-Time Low at $0.72 â Bitcoin News
[ad_1] After Huobi Global announced that it would be delisting the stablecoin HUSD and auto-converting customer balances 1:1 with tether tokens, the stablecoin asset has dropped significantly in value sliding to a low of $0.72 per unit. HUSD Remains Below the $1 Peg Another stablecoin is struggling to maintain parity with the U.S. dollar as […]
Core Scientific Shares Downgraded After SEC Filing Hints at Possible Bankruptcy â Mining Bitcoin News
[ad_1] One of the largest publicly listed bitcoin miners, Core Scientific, has shaken investors with a recent filing with the U.S. Securities and Exchange Commission that raises the possibility the company may apply for bankruptcy protection. The filing notes that Core Scientific will be unable to pay down debt payments due for Oct. and early […]
Zksync Devs Plan to Launch Layer 3 Scaling Solution Called ‘Opportunity’ in Q1 2023 â Blockchain Bitcoin News
[ad_1] Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called âOpportunityâ in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2 and developers and Zksync users […]
Fantom Network Launches Automated Smart Contract Audit System Watchdog to Monitor for Bugs â Defi Bitcoin News
[ad_1] On October 27, the Fantom Foundation announced a collaboration with the security and analysis platform Dedaub in order to bolster Fantomâs decentralized finance (defi) ecosystem. Dedaubâs monitoring system called Watchdog will monitor smart contracts on the Fantom blockchain for exploits and buggy code. Fantom Looks to Curb Defi Exploits With Watchdog Monitoring System The […]
Google Launches Blockchain Node Engine, Says ‘Ethereum Will Be the First Blockchain Supported’ â Bitcoin News
[ad_1] After revealing Alphabet Inc.âs Google Cloud partnership with Coinbase, the multinational technology conglomerate holding company has announced the firmâs âGoogle Cloud Blockchain Node Engine.â While more blockchains will be supported, Google said that âEthereum will be the first blockchain supported by Blockchain Node Engine.â Google Launches Cloud-Based Blockchain Node Engine Alphabet Inc., otherwise known […]
Crypto Payments Firm Bitpay Adds MATIC Support, Panini America to Accept Polygon Payments â Bitcoin News
[ad_1] Bitcoin and crypto payment services provider Bitpay has announced that the company now supports the Polygon (MATIC) network. According to the firm, Bitpay app users will be able to store, trade, and spend MATIC later this week, and the collectibles company Panini America will be Bitpayâs first merchant to accept MATIC payments. Bitpay Reveals […]
Bitcoin Miner Cleanspark Raises Year-End Outlook by 10%, Firm’s Hashpower Surpasses 5 EH/s â Mining Bitcoin News
[ad_1] On October 25, the bitcoin mining operation Cleanspark announced that the firmâs hashrate now exceeds 5 exahash per second (EH/s), a milestone achieved more than two months ahead of the companyâs original year-end goals. Cleanspark says it now aims to surpass 5.5 EH/s by the yearâs end by increasing the minerâs hashrate goal by […]
US Central Bank Loses Billions From Rate Hikes, ‘Losses Pile up Into an IOU’ â Economics Bitcoin News
[ad_1] While the U.S. Federal Reserve ramped up the benchmark bank rate with a barrage of rate hikes, U.S. Treasury markets and global bond markets, in general, have seen one of the worst selloffs in over a decade. The Fedâs actions has fueled criticism toward the U.S. central bank as some strategists believe the onslaught […]