Author: dfmines

Cryptocurrency News and Public Mining Pools

Kuwait-Based Islamic Bank Enters the Metaverse

Warba Bank, a Kuwait-based Islamic bank, recently became the latest corporation from the Middle East and North Africa (MENA) to enter the metaverse. The bank now occupies two sites in the metaverse, one Decentraland and another one on Sandbox. Pioneering Digital Transformation In what has been described as a first for an Islamic bank, the […]

MicroStrategy’s Bitcoin Holdings Take a Record $3.4 Billion Hit

submitted by /u/Breaking_Crypt [link] [comments]

Israel’s regulator teases comprehensive crypto framework at ICC

This year’s annual Israel Crypto Conference was focused on regulation and CBDCs: The regulated status of cryptocurrencies would open many doors of possibilities.

Crypto lender Celsius dismisses a quarter of its employees: Calcalist

submitted by /u/metamec [link] [comments]

Report: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company

According to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in revenue.” Furthermore, the reporter claims that Huobi’s co-founder Leon Li is reportedly looking to sell a large stake in the digital assets company. Colin Wu […]

The Bitcoin Supply Cap: Or How I learned to Stop Worrying and Trust the Math

Introduction You've probably heard over and over that Bitcoin has a 21 million supply cap. But where does that number come from? As is always the case with blockchain and cryptocurrencies it's important to understand how they work so when you decide to go all in, you can be confident that you at least understand…
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Are ZK-Snark based layer 2s ultimately doomed?

Are ZK-Snark based layer 2 ultimately doomed in comparison to ZK-Stark based ones? ZK-Snarks are not quantum resistant while ZK-Starks are. submitted by /u/mybed54 [link] [comments]

Ethereum average gas fee falls down to $1.57, the lowest since 2020

For nearly two years, between Jan. 2021 and May 2022, the average gas fee required by the Ethereum network was roughly $40, with May 1, 2022 recording the highest average daily gas cost of $196.638.