Crycent

Bitcoin hashrate drops 15% from October high as miner capitulation drags into almost 60 days

What to know: Bitcoin’s network hashrate, the computing power devoted to keeping the blockchain running, has fallen roughly 15% from its October peak, a sign of growing stress among miners. The average computing power securing the network has declined from around 1.1 zettahashes per second (ZH/s) in October to roughly 977 exahashes per second (EH/s),…

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NYSE targets weekend investors with new blockchain platform for 24/7 stock trading

What to know: The New York Stock Exchange (NYSE) on Monday announced plans to introduce an around the clock blockchain-based tokenized stocks and exchange-traded funds trading venue later this year. NYSE executives said the project will use their technology to match buyers and sellers, combined with private blockchain networks, to enable real-time tokenized securities trading. The new…

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What comes next: State of Crypto

The crypto industry spent the first three days of this week frantically poring over details of a crypto market structure bill that was ultimately pulled by the Senate Banking Committee some 12 hours before it was supposed to go to a vote. It’s not dead, yet. We might see a new markup scheduled in as…

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