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22 May 23

Buterin raises concerns about extending Ethereum’s consensus beyond core functions

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent blog post titled “Don’t overload Ethereum’s consensus,” Vitalik Buterin has expressed concerns about the dangers of extending Ethereum’s consensus beyond its core functions. Buterin’s May 21 blog post focuses on the need to preserve the minimalism of the […]

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11 May 23

Ordinals and meme coins cripple Bitcoin network, core developer claims

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) Core developer Luke Dashjr has voiced his discontent with the current state of the blockchain, which the growing popularity of meme coins and Ordinals has clogged up. Dashjr has urged action against the trend, which he believes should have […]

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09 May 23

Core Scientific challenges Celsius Network’s $4.7m compensation claim

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Core Scientific, a bankrupt bitcoin miner, is protesting against the payment of $4.7 million in executive compensation filed by crypto lending platform Celsius Network. The latest development has resulted in a contractual battle between the two companies. In a Texas bankruptcy […]

Crypto mining

03 Feb 23

Core Scientific strikes a deal with NYDIG to see off $38.6 million debt

Amid its current bankruptcy proceedings, crypto miner Core Scientific has agreed with NYDIG to pay down its $38.6 million debt by giving over about 27,403 computers that were used as security. The motion was filed to Southern District U.S. Bankruptcy Court for Texas on Thursday. It aimed to seek the go-ahead from the company, stating that […]

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