Bitcoin’s First Post-Halving Adjustment Raises Mining Difficulty to Record High

Bitcoin recently completed its first difficulty adjustment following the fourth halving, recording a 1.99% increase and pushing the mining difficulty to a record high. The network’s difficulty level rose from 86.39 trillion... Read more »

Philippines Securities Regulator Requests Apple and Google to Remove Binance Apps

The Securities and Exchange Commission (SEC) of the Philippines has requested that tech giants Apple and Google remove Binance apps from their respective app stores. The SEC chairman stated that the blockade... Read more »

Paypal Promotes Low-Carbon Bitcoin Mining With New Research Paper

Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc., has introduced an approach to promote environmentally sustainable practices in bitcoin mining. This research-backed initiative encourages miners to utilize low-carbon energy... Read more »

Bitcoin Miners Ramp Up Hashrate as Halving Nears, Network Hits 653 EH/s Record

Just before the upcoming block reward halving, with only 72 blocks left until reaching block height 840,000, bitcoin miners have significantly boosted their hashrate. As of 8:50 a.m. EDT on April 19,... Read more »

Chinese Embassy Advises Citizens in Angola to Avoid Crypto Mining

The Chinese Embassy in Angola has cautioned its citizens residing in the African nation to refrain from mining cryptocurrencies, as this activity is now considered a criminal offense. The embassy has also... Read more »

Bitcoin Miner Rewards Shrink Below Pre-Halving Levels as Network Fees Fall Sharply

After experiencing a period of high fees, onchain transfer costs on the Bitcoin network have decreased significantly. On Friday, the fees peaked at $240 per transaction, but by now they have fallen... Read more »

New Stablecoin Bill Faces Criticism for Stifling Innovation and Breaching First Amendment 

A new bill co-sponsored by Senators Cynthia Lummis and Kirsten Gillibrand, aimed at regulating stablecoins, has drawn criticism for potentially stifling innovation and breaching First Amendment rights. The bill includes a provision... Read more »

93 Blocks, $71 Million in Fees: Bitcoin Mining Revenue Booms Post-Halving

Since the halving, miners have successfully extracted 93 blocks, accumulating a significant 1,087.99 bitcoins valued at approximately $71.04 million solely from transaction fees. As of 2:00 p.m. EDT on Saturday, the current... Read more »

Foundry to Isolate and Monetize Bitcoin Halving’s ‘Epic Satoshi,’ Distributing Earnings Among Pool Members

Foundry, a digital assets mining and staking company, has announced that it plans to monetize what it has called the “epic satoshi,” the first satoshi of the halving block, via Ordinals. If... Read more »

Central Bank of Fiji Warns About Penalties For Purchasing Cryptocurrency

The Reserve Bank of Fiji, Fiji’s central bank, reminded Fijians that cryptocurrencies were not accepted as legal tender in the country. In a recent press release, the institution reinforced that purchasing cryptocurrency... Read more »
Dip Your Toes in Crypto Blog