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Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%

On Wednesday, Kazakhstan, the second-largest country in the world when it comes to Bitcoin (BTC) mining hash rate, experienced unprecedented political unrest due to a sharp rise in fuel prices. As a result, the country's presiding cabinet resigned, but not before the state-owned Kazakhtelecom shut down the nation's internet, causing network activity to plunge to 2% of daily … [Read more...] about Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%

Solana hit with another network incident causing degraded performance

The Solana blockchain has suffered a third incident in just a few months that clogged the network and caused transactions to fail, with users debating whether it was caused by another DDos attack or if it was just network issues.The scale and nature of the incident is hard to ascertain, with Coinbase, Wu Blockchain and Redditors reporting there had been an incident causing the … [Read more...] about Solana hit with another network incident causing degraded performance

Hackers steal 3000 ETH from Roll, causing massive price dumps of nearly -100%

Secure your wealth: Invest in a Crypto Index Fund

This Monday, hackers have stolen at least 3000 ETH ($5.7 million) after breaching the security of Roll, a blockchain ecosystem for the issuance of social tokens and NFTs (non-fungible tokens).Around 3:30 EST, Roll reported suffering a security breach on its platform. Accordingly, a hacker managed to compromised Roll’s private keys to its hot wallet. The attacker drained all the … [Read more...] about Hackers steal 3000 ETH from Roll, causing massive price dumps of nearly -100%

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Recent Posts

  • Mt. Gox’s former CEO floats hard fork to recover 80K hacked Bitcoin
  • MoonPay PYUSDx Framework Is Bringing App-Specific Stablecoins to the Mainstream
  • Vaneck Director: People Tend to Underestimate Long-Term Impact of Spot Bitcoin ETFs
  • Crypto betting firm Stake secures naming rights to Sauber’s F1 Team
  • Bitcoin price breaks above $45K, days ahead of potential ETF approval

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ADA Bank Billion Binance Bitcoin Bitcoins Blockchain BNB BTC Cardano Coinbase Crypto Data DeFi Digital DOGE Dogecoin Dot ETH Ether Ethereum Exchange Firm fund High Investors Launch Launches Market metaverse Million Mining Network NFT NFTs Platform Price Raises report support Token Top Traders Trading XRP

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