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Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty

Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market UncertaintyDespite 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 […]

Genesis Global Settles With New York AG for $2,000,000,000 in State’s Largest Crypto Settlement Ever

Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations

Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US ObligationsJanet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that “failure to meet the government’s obligations would cause irreparable harm to the U.S. economy, the […]

Genesis Global Settles With New York AG for $2,000,000,000 in State’s Largest Crypto Settlement Ever