At the first-ever US Congressional hearing on decentralized finance (DeFi), lawmakers from both major political parties showcased differing opinions on the technology’s potential benefits and risks. The hearing, titled “Decoding DeFi: Breaking Down the Future of Decentralized Finance,” was held on September 10 by the House Financial Services Committee. The debate quickly highlighted fundamental disagreements between Republicans…
Bitcoin’s mining difficulty, a measure of competition for block rewards, has reached a new all-time high following days of increased hashrate. Network data shows the difficulty level adjusted early Thursday UTC to 92.7 trillion, up 3.6% and surpassing the previous record of 90.67 trillion set on July 31. The record difficulty follows a period of…
Bitcoin’s hash rate approaches an all-time high, reflecting strong miner confidence despite low revenue and high production costs. Trading volumes on exchanges have declined, showing decreased interest from investors and speculators. Bitcoin ETFs experience outflows, yet they still attract more attention than Ethereum ETFs. Despite challenging market conditions, miners continue to upgrade hardware, increasing both…
Crypto fraud surged by 45% in 2023, resulting in over $5.6 billion in losses. August saw $313.86 million lost in crypto hacks, mainly due to phishing attacks. The rapid rise of cryptocurrency has come with both promise and peril. According to a recent report from the U.S. FBI on 9th September, crypto frauds and scams…
Introduction Emerging technologies may soon make blockchain-based voting a viable alternative to traditional paper ballots in elections. By utilising layer-2 (L2) network solutions, alongside zero-knowledge (ZK) proofs, blockchain can offer the scalability and privacy necessary for secure and efficient electoral processes. Understanding Blockchain Voting ZK proofs allow for the verification of information, without revealing the…
ENS token surges after PayPal, Venmo adopt Ethereum Name Service Source link
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A closely followed crypto strategist and trader says Solana (SOL) and three additional altcoins are his best picks for longer-term holds. Pseudonymous analyst Altcoin Sherpa tells his 223,400 followers on the social media platform X that SOL will likely remain in an uptrend as long as it holds $110 as support. In addition to SOL,…
Tesla CEO Elon Musk said he sees a future where humans will have to figure out new ways to give their lives purpose, thanks to advancements in artificial intelligence and robotics. During a panel discussion at the 2024 All-In Summit hosted by the All-In Podcast on Monday, Musk echoed comments he made during a fireside…
Advertisement     Aleph Zero, a privacy-first ecosystem for blockchain solutions, is proud to announce the launch of its NEON Program, which will facilitate deeper integration of privacy-enhancing blockchain technology. NEON (Next-Gen Enterprise & Opportunity Navigator) Program is a comprehensive initiative launched to help and support enterprises harness the power of blockchain technology. The…