The apparent centralization in both proof-of-work and proof-of-stake protocols is “tragic because it’s antithetical to the cypherpunk ideals” that birthed the the bitcoin and blockchain movement, Tomer Afek, the CEO at the crypto platform Spacemesh, has argued. To back this assertion, Afek told Bitcoin.com News that only two Bitcoin mining pools control more than 50% […]
The decentralized exchange (dex) Thorswap has paused operations after a series of funds stemming from the FTX hacker was sent to the dex protocol. Thorswap took to social media and said that the team “stands firmly against any and all criminal actions.” Thorswap Pauses Amidst FTX Hack Fallout; RUNE Value Takes a Hit After the […]
Bitcoin consolidated for yet another week, as price entered Saturday around the same point at which it stood on Monday. Despite a brief rally on Thursday, which saw the price move above $ 28,000, the cryptocurrency has largely been unchanged. Bitcoin Bitcoin started the weekend trading close to the $ 26,000 level, …