The blockchain’s revenue declined over the first half of 2024, and its head ambassador has called for its token’s inflation rate to be lowered. Source link
Bitfarms mined 21% more Bitcoin in June amid Riot takeover attempts
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase. Source link
CertiK migrates blockchain applications to Alibaba Cloud
CertiK’s migration to Alibaba Cloud aims to enhance blockchain development security and resource efficiency in Asia. Source link
Bitcoin hashrate drawdown reaches December 2022 levels
This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities. Source link
Crypto hacks down by 54.2% in June, $176M lost in a month
May was the biggest month in terms of crypto losses in 2024 so far, with nearly $385 million in net losses suffered from crypto hacks. Source link
Charles Hoskinson questions AI’s censorship and selective training
Charles Hoskinson, co-founder of Cardano, raises concerns over AI censorship and the selective training of AI systems at the hands of the Big Tech companies developing the models. Source link
Vitalik Buterin proposes faster Ethereum trades with single-slot finality
Ethereum co-founder Vitalik Buterin proposed moving away from Ethereum’s epoch-and-slot mechanism to a single-slot finality system, pointing out key potential challenges. Source link
Aptos seeks Aave community support for non-EVM integration
The Aptos Foundation has proposed the first deployment of Aave Protocol v3 on a non-EVM blockchain. Source link
Circle becomes first licensed stablecoin issuer under MiCA
Circle’s USDC and EURC stablecoins become the first fully compliant digital fiat tokens under the Markets in Crypto-Assets rules. Source link
Crypto-Sec: Phishing scammer goes after Hedera users, address poisoner gets $70K
This week’s news in cybersecurity from around the crypto space covers bug fixes, phishing scams, crypto exchange hacks and more. Source link
