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Blockchain
Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base
The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that…
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Ethereum Scaling Project Surges As Coinbase Launches Layer-2 Support
Ethereum-based (ETH) scaling solution Optimism (OP) is skyrocketing after the announcement of a partnership with a scaling project incubated by the largest crypto exchange platform by volume in the US.
In a recent announcement, developer…
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Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in…
A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas…
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Arbitrum’s Daily Transaction Count Surpasses Ethereum for the First Time Ever
According to statistics recorded this week on Tuesday and Wednesday, the layer two scaling project Arbitrum’s transaction count has surpassed Ethereum’s. On Wednesday, Arbitrum processed 1,090,510 transactions, compared to…
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Investor Who Called Crypto Bottom Issues Warning, Says To Expect ‘Major Reversal’ – Here’s What He…
An investor who accurately called the bottom of the current crypto bear market doesn’t think digital assets are ready to form new all-time highs.
Chris Burniske, a partner at venture capital firm Placeholder, tells his 254,400 Twitter…
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Briton Wanted by US for Advising North Korea on Crypto Arrested in Russia
A British national wanted with a red notice from Interpol for consulting North Korea on cryptocurrencies has been detained in Moscow. U.S. authorities allege that the man helped the regime in Pyongyang to bypass sanctions using digital…
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Luxor Technologies Acquires Ordinalhub to Provide Tools for Bitcoin-Based NFTs
With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools to buy, sell, and track Bitcoin-issued…
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Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead
Following a growing trend of Ordinal inscriptions on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera…
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Original Bitcoin Wizard Artist Raises Nearly $150,000 in BTC via Lightning, Despite Criticism From…
On Monday, crypto proponent Udi Wertheimer shared a story on Twitter explaining how he and the Taproot Wizards helped an artist who created the original 2013 bitcoin wizard meme raise nearly $150,000 in bitcoin. While the minting and sale…
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Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter…
After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see the largest rise of the year,…
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