In recent developments, the Avalanche (AVAX) C-Chain encountered Block production was severely disrupted, halting for over an hour. The outage affecting the underlying network was observed via the Avascan browser, with the last transaction recorded at block 42046853 (19:13 UTC+8). Other subnets experienced some delays, but the primary network was most affected. Avalanche C-Chain block production discontinued Ava Labs, the team that developed the Avalanche protocol, acknowledged the issue and immediately began investigating. Depending on the According to Avalanche co-founder Kevin Sekniqi, the outage is believed to be related to a new wave of inscriptions that began about an hour…
Author: Crypto Flexs
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Riot Platform recorded revenue growth of $280.7 million in 2023 due to increased Bitcoin production, rising average price, strong balance sheet, and improved hashrate capacity. Riot Platforms, Inc. (NASDAQ: RIOT), a vertically integrated Bitcoin mining company, announced its 2023 full-year financial results showing significant operating growth and financial performance. According to an announcement dated February 22, 2024, Riot generated total revenue of $280.7 million in 2022, up from $259.2 million the previous year. This increase is mainly due to the increase in Bitcoin production and the increase in the average price of Bitcoin. year after year. operational growth The company…
$3.9M Raised in Less than 10 Days: Pioneering BRC-20 ICO Continues Momentum – Chainwire housenewsroom$3.9 Million Raised in Less than 10 Days: Pioneering BRC-20 ICO Momentum Continues We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary…
Welcome to our first development update. Ethereum.orgThis is the first in a series of regular blog posts that will keep the community up to date on the progress of the website. What were we doing? 👋 Hiring! when we We rebooted ethereum.org earlier this year., it quickly became clear that the website needed a dedicated team to meet the community’s expectations. Over the summer we prioritized building a team to support our future website. Today we are excited to announce that EF has hired a full-time web developer for ethereum.org. sam richards. Sam’s role is to lead all technical development…
Ethereum price is struggling below the $3,030 resistance level. ETH is consolidating and may begin a downward correction below the $2,930 support. Ethereum adjusted lower after struggling to stay above the $3,000 level. The price is trading above $2,930 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bullish trendline forming around support at $2,930. Without a clear move below $2,930, the pair could start a new increase. Ethereum price hit support Ethereum price made another attempt to break above the $3,000 resistance zone. However, bears remained active above the $3,000…
After a difficult period for the cryptocurrency market, recent price surges have brought renewed optimism, reaching levels not seen since 2021. Bitcoin, the leader in the cryptocurrency market, Some of the altcoin projects, reaped the rewards of this passion. Given the positive momentum in the cryptocurrency market, coins like SOL and ADA have made significant gains as altcoins have rallied. With the bull market buzzing, identifying the true players in it for the long term has become a critical task that will ultimately determine the winners of this bull trend. It’s important to look carefully at some practical tips to…
Brave Browser announced the launch of self-managed Basic Attention Token (BAT) payments and selected Solana blockchain for this initiative. Despite Solana struggling with recent network outages, Brave chose the platform, highlighting Solana’s high transaction speeds and low fees as key factors in its decision. Brave chose Solana for self-managed BAT rewards. This invitation-only launch will allow a select group of users to receive BAT earned from Brave Rewards directly to Solana’s self-custodial wallet address. This feature is expected to expand globally and transform the way users interact with web browsers and digital assets. “We’re excited to introduce this new feature…
New spot cumulative trading volume Bitcoin BTC -1.25% Exchange-traded funds (ETFs) surpassed $50 billion on Thursday, six weeks after the U.S. Securities and Exchange Commission (SEC) began offering ETFs from BlackRock, Fidelity, Bitwise and others. Green light.According to The Block’s data dashboard, cumulative trading volume for spot Bitcoin ETFs increased from $28.3 billion at the beginning of the month to $50.5 billion at the close of trading yesterday, following several weeks of high volume exceeding $2.5 billion on Tuesday. It has increased thanks to this.Spot Bitcoin ETF trading volume on Thursday was $1.2 billion, led by BlackRock’s IBIT at $457.2…
Popular social media platform Reddit disclosed in a filing with the Securities and Exchange Commission (SEC) that it invested a portion of its excess cash reserves in Bitcoin. The social media giant disclosed this today as it filed to list its Class A common stock on the New York Stock Exchange under the symbol “RDDT” along with the filing.BREAKING NEWS: Reddit invested its excess cash reserves in: #Bitcoin — SEC filing pic.twitter.com/13IWr3QFvH— Bitcoin Magazine (@BitcoinMagazine) February 22, 2024 “We have invested some of our excess cash reserves in Bitcoin and Ethereum and have also acquired Ethereum and Matic as payment…
Ethereum All Core Developers Consensus Call #128 outlines the March 13, 2024 Electra upgrade, Dencun activation, compensation adjustments, and light client support improvements to drive network economics and continuous improvement. At a meeting on February 22, 2024, Ethereum’s core developers held the 128th ACDC (All Core Developers Consensus) meeting. The biweekly meeting, chaired by Ethereum Foundation researcher Danny Ryan, serves as a collaborative platform to discuss and plan changes to the network’s consensus layer. Electra Upgrade Schedule The centerpiece of the meeting was the Electra upgrade, a joint effort to improve Ethereum’s infrastructure. Three Ethereum Improvement Proposals (EIPs) have been…