Bitcoin ‘block times’ hit lowest point in 10 years after China mining ban

Bitcoin ‘block times’ hit lowest point in 10 years after China mining ban | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bitcoin › Mining Bitcoin reached its slowest block time in 10 years on June 27th indicating a clear consequence of China’s mining ban. …

Myriad Proof-of-Work Blockchains See Significant Hashrate Losses

While there’s been a lot of concentration on bitcoin mining crackdowns in China and Bitcoin’s recent hashrate loss on Monday, many other digital assets have seen hashrates drop significantly as well. Some of the largest digital currencies, in terms of market valuation, lost considerable dedicated hashpower over the last few days. PoW Chains Feel the …

Free TON DeFi Alliance Announces 15M TON Yield Farming Program

press release PRESS RELEASE. The 15M TON Yield Farming program will take place on TON Swap (Free TON’s DEX powered by Broxus), except for the WTON-USDT pair which will be both hosted on Uniswap and TON Swap. On June 29 the first stage of farming begins. The second stage is expected to start by the …

Mysterious Bitcoin Maximalist Mircea Popescu Allegedly Found Dead

Mpex founder and Bitcoin evangelist Mircea Popescu reportedly drowned off the coast of Costa Rica, adding to the mystery surrounding the man, his purported bitcoin fortune, and what it might mean for the future of the network. Father of “Bitcoin Toxicity” Faced No Shortage of Controversy Just like the pseudonymous Satoshi Nakamato sparked a thrilling …

No, Paraguay is NOT legalizing Bitcoin, Congressman confirms

A Paraguay official changed course on what was an unprecedented development in crypto circles: That of the Latin American country legalizing Bitcoin as legal tender on the back of a similar move in nearby El Salvador. But the sentiment has now proven short-lived as Carlos Rejala, a Paraguayan congressman rectified the statement in an interview …

Dogecoin (DOGE) developer proposes 50x reduction in fees, wins Elon Musk approval

Developer Ross Nichol is publicizing plans to reform the fee policy on controversial meme token Dogecoin. With Dogecoin’s monumental rise in value this year, network fees have also risen. In turn, this has led to an unnecessary dis-incentivization of on-chain transactions. To counter this problem, devs are looking at fee policy changes which will see …

Report: South Africa Bars Transfer of Locally Acquired Cryptocurrencies to Overseas Exchanges, Offenders Face Jail Time

Fresh reports from South Africa suggest that the transfer of locally acquired cryptocurrencies to overseas crypto exchanges will now be subject to the country’s exchange control regulations. Consequently, transactions where an individual purchases crypto assets in South Africa and uses them to externalize “any right to capital” will be deemed a criminal offense. Risk of …

JPMorgan Says Crypto Market Is Healing, Expects More Price Decline Before Capitulation

JPMorgan Chase has released an investor note stating that the cryptocurrency market appears “to be beginning the process of healing.” In the short term, however, the JPMorgan analysts expect further sell-offs before capitulation. JPMorgan’s Crypto Market Outlook JPMorgan Chase’s analysts, including Josh Younger and Veronica Mejia Bustamante, wrote about the outlook of the cryptocurrency market …

Elon Musk Says ‘Important to Support’ Dogecoin Fee Change Proposal

A fee change proposal for Dogecoin has been submitted and Tesla CEO Elon Musk says that it is “important to support” it. “This document proposes a new fee structure and policy for Dogecoin Core, to be gradually deployed to the network over multiple software releases,” said the Dogecoin developer who submitted the proposal. Elon Musk …

Mad Money’s Jim Cramer Moves From Bitcoin to Ethereum — Says ‘It’s More of a Currency’

The host of the “Mad Money” show, Jim Cramer, has bought ether after dumping almost all of his bitcoin. “I like ethereum because people actually use it much more to be able to buy things,” he said, emphasizing that “It’s more of a currency.” Jim Cramer Prefers Ethereum to Bitcoin Jim Cramer was asked about …

Mexican billionaire says he’ll hold Bitcoin for 30 years. He’s also bearish on Dogecoin

Mexican third-richest man Ricardo Salinas Pliego is holding Bitcoin for the next thirty years, as per comments in a recent interview. He further notes that his bank could start offering Bitcoin banking services to clients and stated that all fiat currencies ‘are a fraud.’ Here is a video of Mexico’s third wealthiest man explaining why he …

“Get more Bitcoin,” says Rich Dad author warning of ‘biggest crash in history’

American businessman and best-selling author Robert Kiyosaki is picking Bitcoin alongside precious metals gold and silver as a hedge against everything else, he said in a tweet today. The controversial ‘Rich Dad, Poor Dad’ author, whose book has sold nearly 32 million copies since its 2002 release, has previously voiced views against the macroeconomy and …

Jefferies’ Equity Strategist Expects Accommodating US Crypto Regulation Unlike China’s Authoritarian Model

The head of global equity strategy at Jefferies, an investment bank and asset management firm, says that cryptocurrency regulation in the U.S. would “ultimately be very positive” for bitcoin or other crypto assets. It will also be more accommodating than China’s authoritarian approach to crypto regulation. US Regulation Would ‘Ultimately Be Very Positive’ for Mass …

DeFi Yield Protocol (DYP) Continues to Expand Its Ecosystem

sponsored DeFi Yield Protocol has emerged as one of the fastest-growing crypto projects with an expanding ecosystem. DYP allows DeFi users to leverage advanced trading tools to earn yield on their assets while taking advantage of the unique DYP Tools decentralized application. DYP has attracted the attention of many within the crypto space due to …

Mysterious John McAfee Website Appears for Two Days — Whackd Token Climbs Over 700%

Following the death of the former antivirus tycoon John McAfee, an ERC20 token called whackd (WHACKD) has seen its valuation rise significantly. Three days ago, the Ethereum-based coin was swapping for less than a U.S. penny, but then the token skyrocketed by 733% reaching over $0.07 per unit. Moreover, four days ago, a mysterious website …

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