Author: CryptoHoppers
Every blockchain grapples with one big question – How to agree on the truth. Proof of Work (PoW) and Proof of Stake (PoS) are the two warring answers to that question. Bitcoin’s PoW is the original, a brute-force approach proven by time. And yet, nearly every new blockchain is betting on PoS, chasing a future that’s faster and more efficient. Their core differences reveal what their creators value most in security, fairness, and performance. A fight for security – Raw power vs. cold hard cash Making an attack cost more than it’s worth is the name of the game for…
Key Takeaways Binance experienced transaction issues due to heavy market volatility and high user activity. Yi He, Binance co-founder, advised affected users to contact customer service for loss claims. Share this article Binance co-founder Yi He directed users experiencing losses to contact customer service today. She acknowledged transaction issues stemming from intense market fluctuations and emphasized the need for users to verify details before trading.The cryptocurrency exchange has been managing user transaction disruptions caused by recent market volatility and high user activity. Binance maintains a customer service process for handling user complaints related to platform-attributable losses. Share this article Source…
TLDR: Bybit becomes first crypto exchange to secure UAE’s full SCA license, enabling regulated services nationwide Under the new license, Bybit will offer trading, custody, fiat conversion to retail and institutional clients The license follows Bybit’s In-Principle Approval in Feb 2025 with support from Abu Dhabi’s Blockchain Centre Bybit plans Abu Dhabi regional hub, 500+ UAE hires, and new Web3 education and innovation programs Bybit has secured the United Arab Emirates’ first full Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA). This licensing opens the door for regulated crypto operations across the UAE mainland. The exchange…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The phrase fair launch evokes images of grassroots communities with no preferential treatment for any specific group, equal access for all with no development or team incentives, and protocols born without hidden privilege. Yet, in 2025, fair launch has become less a principle and more a marketing slogan. The values that once guided this term, including equality and true alignment between users and builders, have been diluted to fit whatever allocation scheme the latest token distribution demands.…
XRP, the digital asset that powers the XRP Ledger (Ripple protocol), nosedived on Friday, Oct. 10, reaching its lowest level since December. Summary Ripple’s XRP token tumbled 63% from its yearly high to $1.37 before bouncing back 75%, triggering $700 million in liquidations and vindicating chartist Peter Brandt’s bearish warning. The drop came amid a $300 billion crypto selloff fueled by escalating U.S.–China trade tensions. While XRP has since stabilized — helped by ETF inflows and hopes for new approvals — analysts warn volatility will persist as technical indicators flash both risk and potential recovery. XRP price crash confirms analyst…
Key Takeaways Konstantin Ganich (Kostya Kudo), a prominent Ukrainian crypto investor and influencer, was found dead in a Lamborghini during a severe crypto market crash. His death highlights rising concerns about the mental health of crypto traders and influencers, especially during periods of intense market volatility. Share this article Konstantin Ganich, a Ukrainian crypto blogger and trader known online as Kostya Kudo, was found dead in a Lamborghini today amid a severe cryptocurrency market downturn.The incident occurred as digital assets experienced extreme volatility, intensifying ongoing discussions about mental health challenges facing crypto traders and influencers.Ukraine has seen growing cryptocurrency adoption…
TLDR Texas has passed a law to establish a state-run Bitcoin reserve using taxpayer funds. The crypto reserve bill requires any digital asset to maintain an average market cap of $500 billion over 24 months to qualify. Bitcoin currently qualifies under the law with a market cap exceeding $2 trillion. Senator Charles Schwertner stated that Ethereum could be considered if it sustains the required market cap. The Texas comptroller is assessing regulated institutions to act as custodians for the reserve assets. Texas passed a groundbreaking law this year to create a state-run Bitcoin reserve using taxpayer money. The law, signed…
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TLDR: Bitdeer shifts from selling rigs to mining its own Bitcoin, increasing internal hashrate to 22.5 EH/s. Weak rig demand pushes hardware makers like Canaan and Bitdeer to deploy surplus equipment in-house. Mining margins tighten after 2024 halving as network difficulty rises despite Bitcoin hitting new highs. Miners diversify into AI and data infrastructure, repurposing facilities for stable, long-term revenue streams. Bitdeer Technologies Group is shifting toward self-mining operations to address weakening demand for Bitcoin mining rigs. A recent report indicated that Bitdeer is scaling its internal mining efforts, deploying its own equipment rather than relying solely on customer orders.…
Key Takeaways The crypto market saw $200 million in liquidations within just 15 minutes, highlighting extreme volatility. The market downturn followed Trump’s call for major tariff increases on Chinese goods, fueling renewed friction over vital materials and export restrictions. Share this article The cryptocurrency market experienced $200 million in liquidations within a 15-minute window as rapid price swings triggered automated position closures across major exchanges.Recent flash crashes have created chain reactions of liquidations throughout the market, amplifying short-term volatility as leveraged positions get forcibly closed when asset prices move against traders’ bets.The sell-off followed President Donald Trump’s proposal to sharply…