Crypto

The zkSync Era blockchain recently faced significant network issues that forced developers to suspend block production for several hours. According to Chinese crypto news journalist Colin Wu, the project’s mainnet encountered problems, as indicated by zkSync Era’s network status browser. Despite the developers’ announcement, the blockchain had not recorded any downtime incidents. However, the website
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Bitcoin (BTC) miners have experienced a significant spike in transaction fee revenue in 2023, indicating a growing profitability in their operations. According to recent data from Coinmetrics, Bitcoin miners have collected a daily average of $2 million in transaction fee revenue. This figure reflects a staggering 400% increase compared to the previous year. It is
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Bitcoin, the leading cryptocurrency, has been experiencing a remarkable year, with its value skyrocketing from approximately $16,500 at the beginning of the year to nearly $44,000 at present. This surge has led many experts to believe that Bitcoin is on track for a strong year-end performance. In this article, we will explore the factors contributing
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Curve Finance, a decentralized financial platform, recently fell victim to a sophisticated exploit that resulted in the loss of $73.5 million. This incident highlighted vulnerabilities in the Vyper programming language and the need for improved security measures. While the community rallied together to recover a portion of the funds, it also raised questions about user
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In a surprising turn of events, Russian banker Mikhail Klyukin recently sold over £15m worth of shares in UK-based cryptocurrency firm, Copper Technologies. This sale has raised eyebrows not only due to the involvement of a sanctioned individual but also because of the potential evasion of sanctions and increased scrutiny on cryptocurrency transactions. The role
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