Coinbase Clarifies it wasn’t Targeted by “Any of the Attack Transactions” on Etherem Classic (ETC) during 51% Attack and Didn’t Lose Funds

August 22, 2020 @ 4:07 pm By Omar Faridi |

San Francisco-based crypto exchange Coinbase claims it wasn’t targeted by “any of the attack transactions and lost no funds” when Ethereum Classic (ETC) recently suffered 51% attacks. A 51% attack on a blockchain or distributed ledger technology (DLT) platform can take place when a malicious… Read More

Digital Assets Derivatives Exchange FTX Introduces Bitcoin (BTC) Hashrate Futures Contracts

May 16, 2020 @ 4:46 pm By Omar Faridi |

Digital assets derivatives exchange FTX has introduced Bitcoin (BTC) hashrate futures. These financial products are being offered, so that BTC miners can hedge against the leading cryptocurrency’s continuous mining difficulty adjustments. The Bitcoin hashrate is the amount of computing power securing the BTC blockchain network… Read More

Riot Blockchain, a US-based Cryptocurrency Mining Firm, Plans to Almost Double its Hashrate Following Bitcoin (BTC) Halving

May 10, 2020 @ 2:35 pm By Omar Faridi |

US-headquartered cryptocurrency mining firm, Riot Blockchain (NASDAQ: RIOT), recently revealed that it has more than doubled the number of high-end Bitcoin (BTC) miners it operates – which should roughly double its hashrate (amount of computing power) at around the time of the BTC halving…. Read More