Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

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.

Crema Finance suspends liquidity protocol on Solana amid probe of hack

submitted by /u/nebula21399 [link] [comments]

Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low

On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022. Ethereum Fees […]

Web5 vs. Web3: The future is a process, not a destination

What is Web5, where is Web4 and what would be the recently announced initiative by Block subsidiary TBD to create a new layer of decentralization on top of the Web.

Crema Finance shuts liquidity protocol on Solana amid hack investigation

While awaiting Crema Finance’s report on the situation, the Crypto Twitter community took it to themselves to track down the hacker’s wallet and better understand the problem.

Everyday we stray further from Satoshi’s vision

At the time the 08 global financial crisis had a huge impact on Bitcoins creator, Satoshi. Satoshi saw what happened when people blindly trusted their money in banks. In 08 banks collapsed under dodgy lending schemes and people got seriously burnt. Bitcoin was created to create a decentralized payment system, free from government control where…
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