PRESS RELEASE. Singapore, April 11th, 2024 — Merlin Chain, a trailblazer in Bitcoin-native layer 2 (L2) protocols, has rolled out a comprehensive suite of security measures alongside revolutionary chain architecture. This initiative follows the platform’s remarkable achievement of securing a $ 3.5 billion Total Value Locked (TVL) just 30 days after its mainnet launch, …
Bitcoin’s Path to Halving — Anticipated Increase in Difficulty Sets Stage
Based on current metrics, the Bitcoin blockchain is set to undergo another difficulty adjustment before the halving, with an anticipated increase of 1.2% to 2.16% around April 11, 2024. Following this adjustment, there will be 1,344 blocks remaining until the reward is halved. Estimated Increase in Difficulty Precedes Halving In April, bitcoin (BTC) miners face […]
Bitcoin Cash Undergoes Halving Event, Sets Stage for May Upgrade
The Bitcoin Cash network has witnessed its halving event at block height 840,000, leading to a reduction in the miner reward to 3.125 coins per block from the previous 6.25 coins. Miner Rewards Halved on Bitcoin Cash Network The latest block data reveals that the Bitcoin Cash (BCH) network has undergone its anticipated reward-halving event. […]
Bitcoin Sets New Record, Climbs Above $70,000 Mark; Ethereum Hits $4K Milestone
Bitcoin has once more surpassed its previous highest point of $ 69,210, established on March 5, 2024, as documented by Bitstamp. Currently, the digital currency holds steady above the $ 68,000 mark, having outdone its prior peak and ascended to $ 70,184 per coin. New Peaks: Bitcoin Tops $ 70,000 While …
Luetkemeyer’s Exit Sets Up Potentially Crypto-Friendly Turn in House Banking Committee
Rep. Blaine Luetkemeyer’s retirement at the end of 2024 opens the door for a new era in cryptocurrency regulation, with Rep. French Hill (R-Ark.) poised to lead the charge in the House Financial Services Committee. Shift in House Financial Services Committee Leadership Could Lead to More Progressive Crypto Legislation In a move that could impact […]