Tags : Blockchains

Bitcoin

Bitcoin blockchain’s hash rate hits new all-time high

The mean hash rate of the Bitcoin (BTC) blockchain—or the total computational power dedicated to mining—reached a new all-time high of over 176 exahashes per second (EH/s) on Friday, according to crypto metrics platform Glassnode. Yeah, that’s a lot. The Bitcoin network’s mean hash rate exceeded 176 EH/s. Image: Glassnode The increase in hash rate […]Read More

Market

Crypto Markets Jump on OCC Approval for Banks to Use

Cryptocurrency prices jumped Monday evening after the U.S. Office of the Comptroller of the Currency (OCC) issued a letter approving U.S. banks to use public blockchain networks. Ether jumped nearly 12% on the letter’s release, given Ethereum’s dominance as a stablecoin payment settlement protocol. Bitcoin also gained 5% and both leading cryptocurrencies almost fully retraced […]Read More