At 11:06 a.m. Eastern Time (ET) on April 29, 2023, at block height 787,500, the number of blocks left to discover until the next Bitcoin blockchain halving is now fewer than 52,500 blocks. This means the network has progressed 75% through the 210,000-block halving cycle, which will ultimately result in a reduction of the block
Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set to occur on March 10, is estimated to
As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last few weeks and is currently coasting
Nifty Gateway was founded in 2018 and acquired by Gemini in 2019. In a Twitter thread posted on Jan. 25, Duncan Cock Foster and Griffin Cock Foster, co-founders of nonfungible token (NFT) auction platform Nifty Gateway, announced their resignations effective immediately. In supporting the decision, Duncan said they were leaving because “Griffin and I are
Closing out the third week of January 2023, non-fungible token (NFT) assets saw a 16.39% increase in overall sales. 320,580 buyers participated in the NFT market action this past week, an increase of 43.48% compared to the week prior. $256.69 million in NFT sales were recorded over the last seven days, with $206.06 million being
Holding the number one and two spots for overall market cap in cryptocurrency, Bitcoin and Ethereum are often compared against each other.There’s an ongoing debate over which cryptocurrency is better, but focusing on the individual tokens is only part of what makes Bitcoin and Ethereum different–and incredible.The Bitcoin and Ethereum blockchains were created for different purposes
Extreme fluctuations in the price of bitcoin often beg the question: Is BTC still worth buying?If you’re not familiar with Bitcoin, we recently published Bitcoin, Explained that shares the basics of Bitcoin and how it works.Here’s a quick recap:Bitcoin is a blockchain network, while bitcoin or BTC is a cryptocurrency.BTC has largest market cap of any cryptocurrency.BTC enables
What is a seed phrase, and why is it important?A seed phrase is your last resort when it comes to accessing the keys to your crypto. Should you ever get locked out of or lose your crypto wallet, your seed phrase can get you back in.But, lose the seed phrase, and the crypto is gone, so
Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relying on digital currency and distributed ledger technology will be “much more convenient.” Russia’s Head of State Urges for Blockchain-Powered International Payments President of Russia Vladimir
You shouldn’t have to pay fees to spend your crypto. It’s yours, after all.But this isn’t how it works with most crypto cards today. When you spend your crypto, companies charge you a transaction fee to convert your crypto to cash prior to completing your purchase.We believe you should be able to spend your crypto freely.This is
A Web3 technology company, Virtual Nation Builders, recently said it acquired FHM, the firm that created safcoin, South Africa’s touted first proof-of-work cryptocurrency to list on a global exchange. As a result of the Web3 firm’s acquisition of FHM, the cryptocurrency will now “list and merge all its digital use-cases and platforms into the new
With Web3, we’re embarking on a new evolutionary chapter of the internet that promises to give ownership back to individuals rather than corporations.Organizations such as Unstoppable Domains offer a gateway to a fully controlled digital identity through decentralized domain names.We recently spoke with Sandy Carter, Senior Vice President and Channel Chief at Unstoppable Domains, on the
At Blockchain.com, we believe the future is mobile and that the crypto market, in particular, is uniquely suited for mobile trading.That’s why we’ve been quietly building the Blockchain.com Exchange mobile app to give you access to the most advanced trading tools right in your pocket.Here are three reasons you should consider trading on the Blockchain.com Exchange mobile app.1.
Blockchain technology supports cryptocurrencies but can also be used for supply chain tracking, identity management systems, healthcare and more. Can smart contracts exist without blockchain?Blockchain technology is necessary for smart contracts to function because it enables automated agreements to be conducted and carried out without the involvement of a third party. Similar to smart contracts, database
To celebrate our collaboration with Yat, we’re giving Blockchain.com users the chance to win a passport to the Steve Aoki A0K1VERSE, a new ecosystem bridging the metaverse with the real world.Yat makes sending crypto easier by replacing text and numbers with emojis ?. Create a Yat and link it to your Blockchain.com Wallet today so you…
Introducing .blockchain domainsA couple of weeks ago, we announced support for all Unstoppable Domains’ top level domain endings in the Blockchain.com Wallet, including .crypto, .zil, .x, .nft, .wallet, .coin, .bitcoin, .dao, and .888.Today we’re excited to partner with Unstoppable Domains to introduce a brand new set of domains to their line-up: .blockchain domains. In doing so, Blockchain.com is the first company to have a branded top…
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