SEC commissioner Hester Peirce has long been the most outspoken crypto advocate at the U.S. securities regulator. In a June 23 interview as part of a virtual conference, Peirce noted her support for much of the work of decentralized finance, or DeFi, and argued against the enforcement-based approach...
StakeHound, a firm that enables staking, is suing custody service Fireblocks for allegedly contributing to the loss of private keys that accessed about $75 million worth of crypto.  StakeHound filed the lawsuit against the Israeli-based Fireblocks in the Tel Aviv District Court. The firm claims Fire...
The U.S. Securities and Exchange Commission (SEC) has postponed a decision on yet another bitcoin exchange-traded fund (ETF), this time from Valkyrie Digital Assets. The SEC had to decide whether to approve the Valkyrie Bitcoin ETF by June 26, but it has now extended the review period for another 45...
Crypto exchange Binance is kicking off its non-fungible token marketplace this Thursday with a premium auction that will feature NFTs of two artworks by Andy Warhol and Salvador Dali.  The auction, titled "Genesis," will feature an NFT of Andy Warhol's "Three Self-Portraits," as well as a newly digi...
Bitcoin hashrate, or the total computational power to mine the cryptocurrency, has dropped by nearly 50% in over a month. From about 168,000 petahashes per second (PH/s) on May 15, the bitcoin hashrate has dropped to nearly 86,000 PH/s as of June 23, according to real-time data compiled by The Block...
The circulating supply of secondhand bitcoin mining equipment in China has been spiking after state-owned power grids were ordered to cut supply for bitcoin mining farms earlier this month.  On-chain data shows that about 50 exahashes per second of computing power on the bitcoin network has gone off...
The Bank for International Settlements (BIS) released Wednesday an extensive new report on central bank digital currencies (CBDCs). The primary takeaways? As BIS head of research Hyun Song Shin put it, “CBDCs are a concept whose time has come." As "the central bank for central banks," the BIS has be...
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23 jun. 2021
Analysis of Ethereum Gas Fees
Quick Take Ethereum gas fees reached record highs in the first half of 2021 but have since dropped dramatically in step with reduced on-chain volume The reduction of gas token usage and the rise of Flashbots appear to have benefitted network congestion overall, subduing gas fees L2 sca...
The mainnet of Callisto Network was launched on April 15, 2018. The code and specific ideas of Ethereum were taken as the basis. During the industry's existence, many different projects have emerged with grandiose ideas that promised great perspectives for everyone, especially for the cryptocurr...
Quick Take Large corporates are giving bitcoin the cold shoulder amid its price rout. The tax headaches of adding bitcoin to a public company’s balance sheet make the move a non-starter for some. This feature story is available to subscribers of The Block Da...

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