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BLOCK Price:
All Time High:
Market Cap:
$894.5 K

Circulating Supply:
Total Supply:
Max Supply:


The price of #BLOCK today is $0.10 USD.

The lowest BLOCK price for this period was $0, the highest was $0.095, and the exact current price of one BLOCK crypto coin is $0.09501.

The all-time high BLOCK coin price was $57.24.

Use our custom price calculator to see the hypothetical price of BLOCK with market cap of BTC or other crypto coins.


The code for Blocknet crypto currency is #BLOCK.

Blocknet is 8.3 years old.


The current market capitalization for Blocknet is $894,473.

Blocknet is ranked #861 out of all coins, by market cap (and other factors).


There is a weak volume of trading today on #BLOCK.

Today's 24-hour trading volume across all exchanges for Blocknet is $195.


The circulating supply of BLOCK is 9,414,349 coins, which is 100% of the total coin supply.

Note the limited supply of Blocknet coins which adds to rarity of this cryptocurrency and increases perceived market value.


BLOCK has limited pairings with other cryptocurrencies, but has at least 3 pairings and is listed on at least 3 crypto exchanges.

View #BLOCK trading pairs and crypto exchanges that currently support #BLOCK purchase.


Note that there are multiple coins that share the code #BLOCK, and you can view them on our BLOCK disambiguation page.



Blocknet XRouter — A Comparison of Interoperable Protocols

Blocknet XRouter — A Comparison of Interoperable Protocols - XRouter solves the issues surrounding blockchain interoperability and scalability, advancing Blockchain 3.0 technology and opening up the gates to mainstream blockchain adoption. XRouter is a layer 2 TCP/IP blockchain solution allowing interoperability between ALL blockchains with the additional ability to also connect to non blockchain infrastructures so that an ecosystem of blockchain connected oracles can be built. XRouter forms a part of the Blocknet Protocol. This is a major milestone for blockchain as Blocknet has now made available the world’s first truly decentralized blockchain router, allowing developers to utilize on-chain data and services from public and private blockchains without needing to have any of them installed, as well as being able to utilize off-chain oracle data, API’s and services. XRouter lays the foundation for multi-blockchain architectures, real DeFi, on-chain/off-chain cohesiveness and an “Internet of Blockchains”. — Understanding the differences between blockchain 3.0 solutions. — There are various Blockchain based networks and projects all trying to solve the issues surrounding Blockchain interoperability; the ability for blockchains to interact and “talk” to one another as well as the ability to communicate with non-blockchain systems. As Blockchain technology has evolved three broad categories have emer...

Blocknet Project Update — October 5, 2021

Since our last project development update the Blocknet core developers and community contributors have been focused on integrating ERC-20/ETH with the Blocknet XBridge protocol, adding new assets and improvements to the Service Node automated setup tool, releasing an XLite wallet update, and starting work on the new v2.0 UI for Block DX, Blocknet’s flagship DEX. Work has also continued on the implentation of XRouter in Go and JS programming languages, both integral to the enabling of the Blocknet protocol in lightweight dapps and services. But before we dive into the details, here’s some other important news… — BLOCK/USDT pair opens on Bittrex Global. — This month also saw the opening of a new $BLOCK market on Bittrex Global exchange, with a USDT (Tether) pairing now available. Since the new market opened we have seen the trading volume pick up considerably across both pairs:An example of 24hr volume on Bittrex Global for BLOCK/USDT and BLOCK/BTC pairs — Development updates - — XLite Wallet. — The latest version of XLite was released on the 23rd September which addressed some minor bugs and added some UI improvements, facilitating even easier sending of assets. The Cloudchains developer has also recently worked on a fix for the Litecoin wallet on the back-end servers which should fix the intermittent balance and transaction issues that users were experiencing in the previous version of XL...

Blocknet lists on Pangolin Exchange as $aaBLOCK

13 May, Cape Town — Blocknet tokens are now listed on Pangolin DEX in advance of the release of the Blocknet’s decentralized Avalanche indexer. The listing puts $aaBLOCK, a means of payment for indexed chain data, on Avalanche’s C-chain, and serves to introduce the Avalanche community to the Blocknet. — Avalanche, meet the Blocknet. — With the Blocknet’s initial release of its decentralized indexer of Avalanche’s blockchains due this month, and a planned migration to its own subnet in due course, significant mutual interest between the two projects’ communities has emerged. However, BLOCK and AVAX have not been accessible on the same venues, preventing easy exploration of their respective ecosystems. Until now, that is. As of today, $aaBLOCK is accessible on Avalanche’s most liquid DEX, Pangolin, giving Avalanche users a natural place to acquire BLOCK and explore its interchain technologies like Block DX and XRouter. — Market availability. — To foster a healthy market, liquidity originating from the Blocknet’s superblock self-funding system will be added to the Pangolin liquidity pool today. In addition, Blocknet expects that holders of BLOCK and AVAX will be added to the pool to reach a planned minimum of ~$100k liquidity in the pool, ensuring good market availability and small spreads for users. Furthermore, a proposal will be submitted to Pangolin’s decentralized governance...

XRouter — The Biggest Advancement Since Ethereum

XRouter — The Biggest Advancement Since Ethereum - Blocknet’s XRouter, the world’s first blockchain router, is the final component poised to fill the gap required to create an “Internet of Blockchains.” XRouter enables any and all blockchains and smart contracts to communicate with one another and allows the monetization of inter-chain and multi-chain services. This is all made possible via decentralized access without a single chain download being necessary. XCloud, a decentralized microservice network built on XRouter, also allows decentralized access to off-chain oracle information that can then be made accessible to blockchains and smart contracts. In short, XRouter and XCloud solves blockchain interoperability. — The Internet of Blockchains (IoB) - To understand why blockchain interoperability, and subsequently, an internet of blockchains is so important to the advancement and acceptance of blockchain technology, an analogy is useful: the arrival of Bitcoin and specifically the blockchain is like the creation of the first computers. Early mainframe computers were only able to run a single program at a time, lacked any form of operating system, and couldn’t communicate with other computers. However, this soon began to change and these early computers eventually provided the platform on which operating systems would be built. In this way, the blockchain is similar in that it provided a common base pri...

The Blocknet to extend the power of Avalanche’s subnets with a decentralized indexing system

The Blocknet to extend the power of Avalanche’s subnets with a decentralized indexing system. - — Avalanche will leverage the Blocknet protocol to make its chains interoperable with almost every other blockchain in existence.. — The Blocknet is extending the power of Avalanche’s subnets with a decentralized indexing system, enabling dapps to use Avalanche contracts and transactions alongside those on any other blockchain in a trustless fashion. In addition, the Blocknet will migrate its own chain to Avalanche in order to be able to focus fully on interchain product development. Upon completion of the Avalanche indexing system (expected to be completed by May 2021), developers building with Blocknet and Avalanche will gain Avalanche chain data in a decentralized and accessible form, as well as the ability to orchestrate contracts on potentially every blockchain in existence. After release of the indexing system, the Blocknet will start the process of migrating to an Avalanche subnet (no timeframe has yet been set for the migration). — Strategic advantages - Since its inception in 2014, the Blocknet maintained its proof-of-stake blockchain for its node governance and self-funding systems. Maintaining its chain has taken up the majority of developer resources–a significant tax on the development of its interchain products and services. Avalanche is a provably secure protocol and platform, with rich DeFi a...

Ecosystem Update

September 2020. — The Ecosystem Update is your one-stop-shop for all the important Blocknet news each month. There are a number of exciting new updates to unpack in today’s newsletter, so let’s dive right in. — Blocknet Protocol - — ETH/ERC-20 Atomic Swap Support. — We are excited to let you know that ETH/ERC-20 XBridge integration is in progress and will continue over the next couple of months. This has been one of our most requested and highly anticipated features.  — @VitalikButerin For the uninitiated, XBridge is the decentralized exchange layer of the Blocknet Protocol that enables cross-chain atomic swaps, and was designed from the ground up to decentralize each component of the exchange process, including storage of funds, orderbooks, order broadcast and settlement. Preliminary work on ETH/ERC-20 integration began several years ago, but was put on hold until an XBridge compatible light wallet could be developed. This was a strategic decision, as the resources and experience required to run a full Ethereum node is outside the reach of most users. With our XLite wallet now in private beta and nearing a public release, we are proceeding full steam ahead with ETH/ERC-20 integration. Once integration is completed, you will be able to trustlessly swap ETH/ERC-20 for Bitcoin (or any other supported asset) on Block DX Exchange and leverage the Blocknet Protocol to build previou...

Word on the BLOCK

December 2020. — — Introduction - This newsletter is published once per month and is aimed at keeping the Blocknet community up-to-date on the finer details of the project. For those who are new to the Blocknet, we recommend you also check out the latest Ecosystem Update for a broader understanding of our project’s progress and vision. — Development - XLite public beta released — It’s official. XLiteWallet entered public beta on December 14th, 2020. You can now perform atomic swaps on BlockDXExchange and manage your crypto from a single lightweight wallet. This is your opportunity to test the future of decentralized exchange, today. More details and download links here., XLite supported assets — Bitcoin (BTC), Blocknet (BLOCK), Bitcoin Cash (BCH), DigiByte (DGB), Dash (DASH), Doge (DOGE), Litecoin (LTC), PIVX (PIVX), Ravencoin (RVN) and Syscoin (SYS) with many more to come., ERC-20 BLOCK cross-chain bridge complete — The code for a cross-chain bridge between BLOCK and an ERC-20 version of BLOCK (known as aBLOCK) has been written, committed to the AnySwap repository and successfully tested. All that is left to do is have the BLOCK/aBLOCK cross-chain bridge approved by AnySwap’s decentralized governance network. A proposal has already been submitted and is currently passing. Voting is open to holders of the ANY token and closes on Dec 16, 2020., Block DX 1.9.0 update — A new v...

Introducing aBLOCK

BLOCK can now be traded on the Ethereum mainnet — What is aBLOCK?. — The new aBLOCK token is a “wrapped” version of $BLOCK, making it possible for people from any country to buy BLOCK on Anyswap or other exchanges where ERC-20 tokens are traded on the Ethereum mainnet. By design, there is one BLOCK token wrapped inside each aBLOCK token. In other words, there is a 1:1 mapping between BLOCK and aBLOCK at the bridge where wrapping and unwrapping take place. This unwrapping can take place at any time, enabling buyers of aBLOCK to immediately convert to the native BLOCK token. At the Anyswap bridging station where wrapping/unwrapping takes place, the price of aBLOCK will be exactly equal to the price of BLOCK. However, the price of aBLOCK can vary from one exchange to another, in the same way the price of BLOCK can be different from one exchange to another. Fortunately, it is very easy to swap between them because Anyswap users can convert aBLOCK into BLOCK on the same site. For those unfamiliar with Anyswap, it is an easily accessible, easy to use, high liquidity, decentralized exchange. (Note, aBLOCK can also be acquired on Uniswap, another high liquidity, decentralized exchange.) — Why aBLOCK?. — The main benefits of aBLOCK are improved accessibility to purchase BLOCK, and as a payment token for Hydra, Blocknet’s “Decentralized Infura” solution. aBLOCK will make it possible for people from ...


Crypto Association in Turkey Vows to Block Exchanges That 'Victimize Tra...

    A new organization has been established in Turkey with the aim to monitor and help develop the country’s crypto sector, local media reported. Its first task will be to address recent problems with some cryptocurrency exchanges and boost confidence in the industry as a whole.New Entity to Deal With Issues in the Crypto Space in Turkey, Hopes to Increase Transparency People trading cryptocurrencies in Turkey have been estimated at over 8 million as of 2022, according to Emrah Inanc, head of the Crypto Industry Development, Monitoring and Reporting Association. The country is in the world’s top five in terms of crypto investments, he highlighted. Speaking to the Anadolu Agency, the top executive of the newly-founded organization also emphasized that transparency is crucial for the development of the crypto sector. That’s why it will first focus efforts on solving problems with crypto exchanges and improve confidence in the industry. Inanc pointed out that a number of exchanges from the Far East have been trying to attract Turkish customers. On this backdrop, he noted that the lack of rules and regulatory authority has led to “inconvenient results,” and acknowledged some of the challenges in relations with the public sector: We are faced with allegations that some exchanges have blocked customer accounts illegally for financing terrorism and money laundering. Emrah Inanc also indicated that the association is ready to periodically and transparently ... read More

Bitcoin Network's Mining Difficulty Rises to All-Time High, Making Block...

    Bitcoin's mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128. The network's difficulty is now at an all-time high. This means, on average, it takes 37.73 trillion hashes, or attempts, to find a valid bitcoin block reward and add it to the blockchain.2023's First Difficulty Increase Outpaces All but One of the Difficulty Increases in 2022 As of 8:15 p.m. Eastern time on Sunday, Jan. 15, 2023, approximately 286.36 exahash per second (EH/s) of hashrate is dedicated to the Bitcoin (BTC) blockchain. The Bitcoin network experienced a difficulty retarget at 4:11 p.m. Eastern time, at block height 772,128, resulting in an increase of 10.26%. The difficulty was approximately 34.09 trillion last week, and it reached an all-time high (ATH) of 37.73 trillion on Sunday, making it exceptionally difficult to find a BTC block. Prior to the Jan. 15, 2023, difficulty increase, the highest difficulty rating on the Bitcoin blockchain was 36.76 trillion on Nov. 6, 2022. The current difficulty is 2.63% higher than the previous high. The Jan. 15 difficulty rise also surpasses all but one of the difficulty increases from last year. In 2022, the largest difficulty increase took place on Oct. 10, 2022, at block height 758,016, when it rose by 13.55%. Bitcoin's price has climbed 22.7% higher in the last seven days, which is beneficial to Bitcoin miners. However, the 10.26% difficulty increase will make profits a lot tighter. The new ye... read More

Litecoin to Undergo Block Reward Halving in Just Over 200 Days, First Am...

    In roughly 202 days, the cryptocurrency network Litecoin (LTC) will experience a block reward halving on or around Aug. 3, 2023. Litecoin will be the first major proof-of-work (PoW) blockchain to see a reward reduction before Bitcoin's upcoming halving, which is expected to occur 203 days from now.Litecoin Halving Set to Occur on or Around Aug. 3, 2023 Litecoin, the 14th-largest cryptocurrency today, is preparing to experience a block reward halving in 202 days. It will be the first major proof-of-work (PoW) cryptocurrency to have a reward halving, besides the upcoming reduction scheduled to happen in 158 days for Dash. However, Dash's reduction is different than a halving as the reward will be reduced from 2.763 Dash to 2.566 Dash. Like Bitcoin, Litecoin's block halving cuts the reward in half (by 50%) and it will drop from 12.5 LTC to 6.25 LTC. While litecoin (LTC) holds the 14th-largest market capitalization today, it used to be a top-ten cryptocurrency contender in the early days of the crypto market. LTC's network has many differences from Bitcoin (BTC) as there are more coins in circulation - currently more than 72 million LTC in circulation. However, LTC is nearing its maximum supply of 84 million. Bitcoin's block time is usually around 10 minutes per block, but LTC blocks are much faster at 2.5 minutes per block. 🔥Litecoin Halving Cycles 2W chart🔥 Something to give us some bullish vibes for short term future and real strong bullishness starting from ... read More

Ancient Bitcoin Block Rewards See Decrease in Spending After Record Acti...

    In 2021, a number of 2010 block rewards were spent after the bitcoins sat idle for more than a decade. Furthermore, in 2020 and 2021, an early miner from 2010 spent strings of 20 ancient block rewards. In 2022, however, only 17 block rewards from 2010 were spent. Alongside this, on March 10, 2022, an entity moved 489.091 bitcoin that sat dormant in a wallet since 2010. In April 2022, five block rewards from 2009 were spent as well and they were the first 2009 blocks spent since 2020.Record High Spending of Ancient Bitcoin Block Rewards in 2020 and 2021, but Activity Slows in 2022 According to statistics, fewer old block rewards were spent in 2022 in terms of block subsidies that stemmed from 2009-2010 compared to the two years prior. In fact, only 17 block rewards from 2010, totaling 850 BTC, were moved after being dormant for over a decade. The first 2010 block subsidy spent in 2022 was moved at block height 719,822 on Jan. 22 and came from the BTC address '14Bdw,' which was created on Nov. 22, 2010. Three block rewards from 2010 were moved the following month on Feb. 4, 17, and 18. On March 10, 2022, a large cache of 489.091 bitcoin, worth over $16.8 million at that time, moved from an address created on Oct. 28, 2010. Zero 2010 block rewards were spent in April, but the month was special because a total of five block rewards were moved that derived from 2009. It was the first 2009 coinbase reward spends since May 20, 2020. At the time, the 250 BTC that derived from 2009 b... read More

Recently Signed 2009 Bitcoin Block Reward Linked to Hal Finney's Set of ...

    At the end of November, an unknown person signed a signature tied to an extremely old block reward mined on Jan. 19, 2009, and the user published a message and verified signature linked to the reward on the forum The message was tied to a bitcoin address associated with block 1,018, a block reward that was minted 16 days after Satoshi Nakamoto launched the network. Upon further investigation, onchain data shows that block 1,018 is linked to a great number of block rewards ostensibly mined by Hal Finney, and the signed block is also connected to the very first bitcoin transaction that derived from block 9.Block 1,018 Signed by 'Onesignature' on Nov. 26, 2022, Is Associated With Hal Finney's Mined Bitcoins and the Very First Bitcoin Transaction On Nov. 26, 2022, a newly created forum account called 'Onesignature' shocked the crypto community when the unknown individual signed a message associated with block 1,018. Onesignature's message contained a new BTC address created in 2022, and the unknown person also signed the new address as well proving the user's existence. The signed message, according to's Verification Tool and an Electrum wallet, is an authentic signature tied to the 2009 address '1NChf' or block 1,018. Block 1,018 and the bitcoin address 1NChf are both linked to the first BTC transaction that saw 10 BTC sent from Satoshi Nakamoto to Hal Finney and a great deal of BTC blocks associated with Finney. For instance, on Mar... read More

Report Shows Crypto News Publication The Block Was Secretly Funded by Ba...

    On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief executive was secretly funded by Alameda Research, the now-defunct trading firm co-founded by Sam Bankman-Fried. According to the report, sources say The Block executive Michael McCaffrey received $16 million in one payment and used the funds to purchase an apartment in the Bahamas.The Block CEO Received 3 Payments of $43 Million From Alameda Research, One Payment Used to Purchase an Apartment in the Bahamas The Twitter community has been discussing a new revelation that is tied to the disgraced FTX co-founder Sam Bankman-Fried (SBF) and his quantitive trading firm Alameda Research. Reportedly, The Block was funded by Alameda for more than a year, and “one $16 million batch of funding” went toward an apartment in the Bahamas. The news was reported on by the Axios reporter Sara Fischer on Dec. 9, 2022, and the reporter noted that The Block employees got wind of the situation just before the exclusive report was published. Axios noted that The Block's chief revenue officer, Bobby Moran, will take over the CEO role as Fischer said “McCaffrey has resigned as CEO and is leaving the company.” Moran plans to restructure The Block, and attempt to “buy out McCaffrey's stake in the company.” The news was confirmed by a number of The Block’s employees on Friday via Twitter. “I'm absolutely gutted by this ne... read More

Jack Dorsey's Block Co-Leads in $2M Seed Round in East African Bitcoin M...

    Gridless - a Kenyan-based Bitcoin mining company - has announced raising a $2 million seed investment round led by venture capital investor Stillmark and digital payments firm Block, Inc. According to the official press release, Gridless harnesses small-scale renewable energy grids in rural Africa. The company has participated in five different project contract pilots in rural Kenya alongside an African hydroelectric company - HydroBox. Currently, three of these pilots are operational. It has also financed the construction and managing the operation of data centers in rural communities where traditional industrial or commercial customers are unavailable. Commenting on the development, Gridless CEO Erik Hersman stated: 'Our work in supporting renewable energy mini-grid developers fills a gap, helping developers expand faster, be more sustainable, and serve thousands of households. This investment, and the high caliber of partners that are coming alongside us, means that we can accelerate our rollout knowing that we have both the capital and strategic support required.' Thomas Templeton, who happens to be the lead for bitcoin mining and wallet at Block, specified that Gridless represents a close strategic alignment with the company's vision to ensure the network increasingly uses clean energy 'in combination with bitcoin computational centers around the world.' While mining operations in some parts of the world still rely on fossil fuels to power their rigs, many are turning... read More

An Unknown Individual Signed a Message Associated With BTC Block 1,018, ...

    On Nov. 15, 2022, a post was created on the forum website and the thread's creator asked people to share signatures tied to some of their oldest mined bitcoin blocks. 11 days later, a newly created profile, called 'Onesignature,' shared a signed message tethered to an extremely old block reward created on Jan. 19, 2009. The key was associated with bitcoin block 1,018 which was created 16 days after Satoshi Nakamoto launched the network.Mysterious Individual Signs a Message Tied to a Block Reward Created on January 19, 2009 An unknown user called 'Onesignature,' signed a message tied to bitcoin block 1,018, an extremely old bitcoin block reward that was created on Jan. 19, 2009. The block signing was discovered by the owner of, the pseudonymous character known as 'Cobra.' 'A user 'Onesignature' has appeared and posted the signature for a key associated with block #1,018,' Cobra tweeted. 'For context, there are probably a handful of people in the world who can sign with a Jan. 2009 key,' Cobra added. The post shows the user Onesignature's shared signed message was a bitcoin address that was first seen on Dec. 2, 2022. The BTC address '1E9Yw' has seen a few dust transactions sent to the wallet since the day it was first seen. The signature (HCsBcgB+Wcm8kOGMH8IpNeg0H4gjCrlqwDf/GlSXphZGBYxm0QkKEPhh9DTJRp2IDNUhVr0FhP9qCqo2W0recNM=) is associated with the bitcoin address '1NChf.' The address held the block ... read More

NEAR Faces Resistance In Attempt To Breach $2 Level As Bears Block Its W...

    Altcoins like NEAR have experienced a similar slump in value as the major cryptocurrencies during the previous several days. Cryptocurrency price index Coingecko reports that NEAR's price is currently bearish, reflecting the general market sentiment. At the time of writing, the token was trading at $1.8515, below the key psychological $2 zone. Major investors' loss of faith in cryptocurrencies following the FTX debacle has contributed to the current gloomy sentiment on the cryptocurrency market. Because of this, other markets where traders with FTX positions also suffered catastrophic losses. Recent research indicates NEAR has a neutral outlook, suggesting the token's futures interest is bullish. However, the token's bearish break below $2 may be indicative of more market weakness. Negative Mood For NEAR Although past performance is not a guarantee of future results, it does influence traders' and investors' perceptions of an asset's value. NEAR is experiencing exactly this, as the market structure is extremely negative at the moment. The coin's RSI readings are also not encouraging. After a moment of hesitation, it reversed its neutral stance. Since October 31st, the Chaikin money flow indicator has likewise been consistently showing a downward trend, falling below the neutral band. It has been made much worse by recent occurrences in the cryptospace. As of this writing, the indicator is -0.23, suggesting that bears are now in charge of the market. Bollinger bands indi... read More

Ripple vs. SEC: US Markets Regulator Moves To Block New Third-Party Evid...

    The U.S. Securities and Exchange Commission (SEC) wants to block two additional companies from offering input on the regulator’s lawsuit against Ripple. Earlier this week, TapJets, which bills itself as the Uber of private jet chartering, and remittance company I-Remit filed motions to serve as an “amicus curiae” in the case in support of Ripple. Amicus Curiae means “friend of the court,” according to Cornell Law School. Amici curiae can submit documents known as amicus briefs on issues relevant to the case as long as the court approves the briefs in advance. The SEC opposes the motions, according to crypto attorney James K. Filan. The regulator claims the efforts are “improper attempts… to offer evidence outside the constraints of discovery restrictions, the rules of evidence, and this Court’s prior order.” Crypto legal expert Jeremy Hogan, a Ripple supporter, says he feels the SEC’s pain. “The SEC objects to the amicus briefs as they contain facts outside of the discovery evidence, and which it hasn’t been able to investigate. As a litigator, I feel its pain. A tenet of law is the right to cross-examine a witness, right? And these briefs DO sneak new facts in. The counter-argument is that there should be some leeway because the judge can give the amici evidence less weight than ‘normal’ evidence when weighing the facts.” XRP–supporting attorne... read More

Progress Toward Bitcoin's Halving Is 60% Complete, Block Times Suggest R...

    According to countdown statistics based on the average block generation time of around ten minutes, progress toward the next Bitcoin block reward halving has surpassed 60%. However, while most halving countdown clocks leverage the ten-minute average, the countdown leveraging the most current block intervals of around 7:65 minutes shows the halving could occur in 2023.Faster Block Intervals Suggest Bitcoin Halving Could Happen in 2023 Just recently, at block height 757,214, mined on October 5, 2022, Bitcoin's total hashrate tapped an all-time high (ATH) at 321.15 exahash per second (EH/s). Lately, block intervals have been faster than usual and well under the ten-minute average. The speed at which the 2,016 blocks are found in between difficulty adjustments determines the difficulty and current block intervals suggest a large difficulty jump is in the cards. Now, prior to the next difficulty rise, the hashrate has continued to remain strong and block times at the time of writing are around 7:65 minutes. The next mining difficulty retarget is scheduled to happen on or around October 10, 2022. If block times remain faster than usual even after the retarget, the protocol's block reward halving could very well happen in 2023. Statistics from indicate that at 7:65 minutes per block interval, the halving could take place on or around December 19, 2023. further shows the halving time based on the average ten-minute rule which shows the halving w... read More

Current Block Times and Estimates Suggest Bitcoin's Mining Difficulty Is...

    As bitcoin is coasting along under the $20K region, the network's hashrate is still riding high at 250.04 exahash per second (EH/s) following the all-time high (ATH) the hashrate tapped on October 5. At the time of writing, the current speed at which blocks are processed is faster than the typical ten-minute average block intervals between the current block height (757,531) and the last difficulty adjustment. Statistics show that because block times have been much faster, the network could see the largest difficulty increase this year, as estimates show a possible jump between 9% to 13.2% higher.Block Times and Hashrate Suggest a Notable Bitcoin Mining Difficulty Increase in the Cards Bitcoin mining is looking to become a whole lot more difficult on the next retarget date which will occur on October 10, 2022. Two days ago, on October 5, the network's total hashrate reached an ATH at 321 EH/s at block height 757,214. While the price of BTC is lower and the difficulty is near the last ATH, miners are relentlessly dedicating computational power to the BTC chain. At the moment, the hashrate is coasting along at 250 EH/s after the ATH was reached on Wednesday. Currently, block times (the interval between each block mined) are faster than the ten-minute average, data shows. Presently, at 9:00 a.m. (ET), metrics show block times are around 9:05 minutes but other dashboards show a much faster rate at 8:49 minutes. With the average bitcoin block interval between the... read More

DOJ Seeks to Block Celsius Motion to Reopen Withdrawals

    The Department of Justice (DOJ) is objecting to a motion by troubled cryptocurrency lender Celsius, seeking to reopen withdrawals for selected customers. Since Celsius halted withdrawals in June, the company has filed for Chapter 11 bankruptcy, while the CEO recently resigned from his position. A United States Trustee for the DOJ, William Harrington, on Friday (September 30, 2022), filed an objection, asking the bankruptcy court to deny Celsius' motions to reopen withdrawals for certain creditors and sell its stablecoin holdings. As previously reported by CryptoPotato, the firm filed for the resumption of withdrawals for customers whose assets are held in its Custody Program and Withhold Account. The US trustee described Celsius' motions as 'premature,' stating that the company is looking to 'impulsively distribute funds' without a comprehensive knowledge of its crypto holding, the relationship between the company's balance sheet, and crypto deposited by various creditors. Furthermore, the filing argued that the lender is seeking to liquidate its stablecoin holdings without providing robust information concerning 'ownership, segregation, or the impact of such sale on later distributions to creditors who may have stablecoins on deposit with the Debtors.' An excerpt from the filing said: 'Any distribution or sale at this juncture could inadvertently impact or limit distributions to other creditors in this case. The interested parties, the United States Trustee, and the Court ... read More

Subsidiary Of Block Inc. Collaborates With Circle To Promote Global USDC...

    One of the expectations of the crypto community is adoption, a journey on which USDC has embarked. The more countries adopt crypto and its products, the better the industry thrives in value and utility. That's why the reports of adoptions always evoke a sense of satisfaction in enthusiasts. Following cryptocurrency adoption reports from different countries year after year, 2020 and 2021 recorded the most global adoption based on transaction volumes. However, from quarter three of 2021 to 2022, the crypto adoption slightly leveled off the challenging market conditions. However, despite the decline, the market has remained resilient, and long-term crypto investors continue to hold on, hoping for better outcomes. The Crypto industry Stakeholders try to explore endless options to enable the mainstream adoption of cryptocurrencies globally. A recent report revealed that TBD, a subsidiary of Block Inc., has formed a collaboration with Circle to work on open-source and open-standard technologies. In addition, the partnership aims to promote the adoption of digital currencies for global transactions and financial applications. Details Of The TBD-Circle Collaboration TBD is an open-source platform that allows developers to create products and services on decentralized technologies. TBD plans to connect traditional payments and decentralized financial systems to promote digital currency through its products. Block Inc. is a multinational tech firm founded by Jack Dorsey and co-founder... read More

Epic Games Store Releases Its First NFT Game: Blankos Block Party

    On September 15, American video game development company Epic Games announced the official launch of Blankos Block Party on its Game Store, making it the first NFT game to be included in the platform's Marketplace. The beta version of Blankos Block Party was launched in 2020 by Mythical Games and has already gained more than one million players, according to its developers. The most attractive thing about this shooter game is the NFT characters and accessories, which can be traded in the in-game store. The First NFT Game on the Epic Games Store is Based on EOSIO The game can already be downloaded for free in the 'early access' version until September 28, when the first season of the full game will be released with new visual and navigation improvements. It is worth mentioning that, unlike most NFT games, there is no need to connect an external wallet to play, sell or buy NFTs in Blankos Block Party, as the game allows users to do it internally, although it also supports Uphold accounts. According to Epic Games, Blankos Block Party runs on a private blockchain based on EOSIO  (now Antelope), so no mining is needed to create or integrate NFTs into the Marketplace. 'Blankos Block Party is built on a private, permissioned blockchain based on the EOSIO infrastructure that uses a Proof of Authority consensus model that is more environmentally friendly and sustainable than the Proof of Work model. Minting NFTs and integrating the Marketplace via our platform does not require an... read More

Current Block Times Suggest Bitcoin's Halving Is Coming Sooner Than Expe...

    Bitcoin's hashrate has been running hot despite the lower prices and the recent difficulty increases. In fact, blocks are being discovered faster than the ten-minute block interval average and because of this factor, the network's reward halving may come sooner than expected. While some halving counters that simply leverage the ten-minute average note the halving is expected in May or April 2024, halving counters leveraging precise block interval times show the halving event could happen as early as March 1, 2024. Block Intervals Show Halving Date Could Be Much Closer Than Most Expect While the cryptocurrency community is focused on The Merge, the hashpower behind the Bitcoin network has been higher than usual, which has made block intervals speed up. Currently, there's 244.62 exahash per second (EH/s) dedicated to the blockchain, and on September 4, 2022, it tapped a quick lifetime high at 301.45 EH/s at block height 752,510. Just before the end of August, News reported on how Bitcoin's block times have been much faster than the ten-minute average. When block times are faster than the ten-minute average and consistently remain faster during the two weeks leading up to a difficulty change, the shift will increase the difficulty. That's what happened on August 31, when the Bitcoin network printed the second largest difficulty increase in 2022. The difficulty increase did not slow miners down and the next difficulty change, expected on September 15, is estimated... read More

While Bitcoin's Hashrate Grew by 22,900% in 6 Years, Discovering Block R...

    Over the past 12 months, Bitcoin's hashrate has increased by 85.77%, while 53,547 blocks were mined and 334,668.75 new bitcoin were minted into circulation. More than two dozen bitcoin mining pools have dedicated hashrate toward the Bitcoin blockchain during the last six years, and while the hashrate is 22,900% higher, the number of bitcoins found per year is a whole lot less.334,668 Bitcoin Minted Since September 2021 - Foundry USA Captures the Most Blocks Miners accrued just over 334,668 BTC since September 10, 2021, and 53,547 blocks were found during the past 12 months. Foundry USA has been the top mining pool out of the 28 mining pools that found blocks during the past year. Foundry captured 18.14% of the year's global hashrate average and found 9,716 blocks. Antpool was the second largest miner during the past year, capturing 15.31% of the global hashrate. Antpool managed to discover 8,198 blocks, or 51,237.50 BTC (not including fees) in 12 months. Antpool is followed by F2pool's 14.79% of the year's hashrate, after the pool found 7,919 block rewards. Binance Pool was the year's fourth largest mining pool with 10.72% of the 12-month hashrate average. Binance Pool found 5,738 blocks this past year, which equates to 35.862.50 BTC (not including fees). Poolin took 10.69% of the global hashrate during the past 12 months finding 5,724 blocks. Unknown hash or stealth miners represented the 12th largest mining entity with 1.74% of the year's global hashrate after stealth... read More

Ethereum Implements Bellatrix — Network's Upcoming Paris Upgrade t...

    The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS). Bellatrix was successfully codified into the codebase at epoch 144,896 on the Beacon chain and Ethereum co-founder Vitalik Buterin detailed it was important for network participants to update their clients.From Bellatrix to Paris - Ethereum Participants Get Ready for the Final Step of the Merge The Merge is estimated to take place on September 13, 2022, according to the countdown, which notes there's a hair over seven days left until the ruleset change. On September 6, Ethereum developers implemented the Bellatrix upgrade which is the final step until The Merge happens next week. Ethereum's co-founder Vitalik Buterin spoke about Bellatrix and The Merge date on Twitter on Tuesday. '[The Merge] is still expected to happen around Sep 13-15,' Buterin wrote. 'What's happening today is the Bellatrix hard fork, which *prepares* the chain for the merge. Still important though – make sure to update your clients,' the software developer added. Buterin also shared a tweet showing that Bellatrix was implemented and the next step will be the network's PoS transition. The next step following Bellatrix is the Paris upgrade which essentially launches The Merge. After that point in time, ethereum (ETH) miners will no longer be able to validate transactions and reap block reward... read More

Bitcoin's Hashrate Skyrockets, Block Intervals Suggest a 'Notable' Diffi...

    While bitcoin prices hover just below the $22K mark, the leading crypto asset has still shed more than 9% against the U.S. dollar during the last two weeks. Despite the lower prices, Bitcoin's hashrate has jumped significantly in recent times and block intervals have sped up a great deal. The trend suggests that when the blockchain network's difficulty changes four days from now, the shift could increase significantly higher as estimates show a 4.43% to 10.3% change.Bitcoin's Hashrate Climbs Closer to June's All-Time High, 'Notable Difficulty Jump' Expected At the time of writing, Bitcoin's hashrate is running hot at 282.21 exahash per second (EH/s), which is only 3.35% lower than the network's all-time high (ATH) recorded on June 8, 2022, at block height 739,928. The hashrate has increased a great deal even though the price has dropped 9% against the U.S. dollar in 14 days, and the mining difficulty has increased twice since August 4, 2022. The crypto community has noticed the increased tempo as the block interval rate (the time measured in between every mined block) has increased. On Thursday, Blocksbridge Consulting tweeted about the block interval and said that the company expected a large difficulty increase during the next shift. 'The average bitcoin block interval between current height (751055) and last diff epoch (749952) is about 9.18 minutes,' Blocksbridge Consulting wrote on Thursday. 'Expecting a notable difficulty jump in less than 6 days.' Furthermore, current... read More

Bitcoin's Mining Difficulty Rises for the Second Time in a Row — I...

    On August 18, 2022, Bitcoin's mining difficulty increased again after the 1.74% rise two weeks ago on August 4. At block height 749,952 at 7:07 a.m. (EST) the network's mining difficulty rose by 0.63% from 28.17 trillion to 28.35 trillion Thursday morning.Bitcoin Network Records Second Consecutive Difficulty Increase Since August 4 Finding a bitcoin (BTC) block is a touch more difficult today than it was during the last two weeks as the difficulty adjustment algorithm (DAA) increased by 0.63%. The increase is the second consecutive increase after the DAA jumped by 1.74% two weeks prior, at block height 747,936. The two increases indicate that it is currently 2.37% harder to find a BTC block than it was prior to August 4, back when the difficulty parameter was at 27.69 trillion. BTC's hashrate has been running lower in terms of exahash dedicated to the network after reaching an all-time high on June 08, 2022, at block height 739,928. At that time, the network recorded a high of 292.02 exahash per second (EH/s) and today, the hashrate is coasting along at 182.40 EH/s. Block 749,952, the block that changed the DAA this week, was discovered by Foundry USA and it contained 2,648 transactions and 0.1692 BTC in fees on top of the 6.25 BTC block subsidy. Foundry is the top mining pool during the last three days, as it commands 46.81 EH/s or 23.70% of the network's hashrate. Out of 422 BTC blocks found in the last three days, Foundry discovered 100 blocks. The second-largest mining p... read More

Uzbekistan Moves to Block Foreign Cryptocurrency Exchanges

    Authorities in Uzbekistan are restricting access to online crypto trading platforms based outside the country and not registered under its laws. A presidential decree obliges citizens and local companies to only use digital asset exchanges licensed by the government of the Central Asian nation.Uzbekistan Takes Steps to Prevent Crypto Trading and Custody on Foreign Platforms Uzbekistan's National Agency of Perspective Projects (NAPP) has registered a spike in activities of online platforms providing crypto-related services to Uzbekistanis without the necessary license. The regulatory body says these facilitate trading of cryptocurrencies and request personal information without complying with a requirement to have their servers installed in the country. In a recent statement, the agency pointed out that such platforms 'do not bear any legal responsibility for carrying out operations with crypto assets, cannot guarantee the legitimacy of transactions, as well as the proper storage and confidentiality of the personal data of citizens of the Republic of Uzbekistan.' In light of these findings, the regulator has restricted access to their domains. The announcement highlights that the government of Uzbekistan has made consistent efforts to improve the regulatory and institutional framework in the crypto space. A decree signed by President Shavkat Mirziyoyev in 2018 defined the types of business activities pertaining to digital assets like the mining of cryptocurrencies and the prov... read More

Brazilian Judge Dismisses Bitcoin Scam Mastermind's Attempt to Blo...

    A Brazilian judge has ruled that the CEO of Mirror Trading International should remain in precautionary detention as authorities in South Africa have already furnished their Brazilian counterparts with the documentation that is required for extradition purposes. The judge also rejected Johann Steynberg's attempts to use his Brazilian family as the basis for seeking an end to his precautionary detention.Documentation for Steynberg's Formal Extradition A Brazilian judge recently dismissed an application by Johann Steynberg - the mastermind behind Mirror Trading International (MTI), one of South Africa's biggest cryptocurrency scams - to have his precautionary detention revoked. In his application, the MTI chief executive had reportedly argued that since no formal extradition request had been made the court should at least place him under house arrest. Steynberg also argued that when he left South Africa in December 2020, there was no outstanding warrant for his arrest and that the case itself failed to meet certain requirements which would make extradition possible. Also, as stated in the document released by the Brazilian judiciary, Steynberg had raised the point that he had since started a family in Brazil, hence placing him under house arrest would suffice. However, in his ruling, Brazilian supreme court judge Andre Mendonça rejected arguments brought forward by Steynberg. The judge revealed that South African authorities had in fact 'presented documentation aimed at fo... read More

Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Has...

    During the last 30 days, the price of bitcoin has lost more than 22% against the U.S. dollar but during that time, Bitcoin's hashrate has remained above 200 exahash per second (EH/s). While 16 known mining pools mined the leading crypto asset during the last month, the top five mining pools retained 71.4% of the global hashrate.Out of 16 Pools, the Top Five Acquired Most of the Bitcoin Blocks Found Last Month The month of May is over and during the last 30 days 4,276 bitcoin (BTC) block rewards were found. Out of the 4,276 block rewards found, 26,725 freshly minted bitcoins were born into the system. While the network's hashrate has been above the 200 EH/s zone, on May 2, 2022, Bitcoin's hashrate hit an all-time high at block height 734,577. On that day it reached 275.01 EH/s, according to data. Statistics show that 16 known bitcoin mining pools mined BTC during the past 30 days and stealth miners, otherwise known as 'unknown,' captured roughly 1.03% of the hashrate during the last month. Unknown miners mined approximately 44 block rewards out of the 4,276 found, scoring 275 freshly minted bitcoin. Data further shows that the top five bitcoin (BTC) mining pools captured 71.4% of the global hashrate last month. Foundry USA scored the most block rewards last month, as the pool represented 21.02% of the global hashrate. Foundry obtained 899 BTC block rewards out of the 4,276 rewards and was able to acquire 5,618.75 newly minted bitcoins. Foundry is followed by Ant... read More

Following Smart Contract Audit, Winner Block Announced Token Presale Det...

    [PRESS RELEASE - Please Read Disclaimer] With the massive growth of the blockchain industry in the past several years, surpassing the original realm of being the underlying tech behind bitcoin, the groundbreaking technology was primed to be linked with other specific niches and disrupt such markets. One of those, largely expected to an extent, was online gaming. Being another industry with colossal potential, online gaming skyrocketed in terms of engagement, revenue, and user retention, and projects that tapped blockchain received a permanent boost. Such is the case with the recently launched Winner Block protocol, which has already made strides in the industry and aims to take it a step further with the upcoming token presale. Winner Block’s Presale As the protocol’s white paper explains, the team behind the project has provided more information on how the presale will work and about the tokenomics. The total supply of WBlock will be capped at 100,000,000,000, with 10% going for funding, 30% will be allocated for the presale, the team will get 20%, and the remaining 40% is heading for marketing. The largest quantity of the presale-oriented WBlock will be at a discounted price. Meaning that 30 billion of the asset will go at a reduced price. Five billion tokens will be available for the ICO, divided into three price ranges, starting with the lowest possible - 0.00000028 BNB (or roughly $0.00012). The other prices will be approximately $0.00016 and $0.00019. Follow... read More

Solana Halts Block Production, Validators Told to Prep for a Restart, Ne...

    On June 1, 2022, the Solana network halted block production again as the blockchain network has stopped working a number of times during the network's lifetime. According to the Solana status update, validator operators are being asked to prepare for a restart.Solana Continues to Be Plagued by Outages, SOL Downtime Denounced by the Crypto Community The blockchain network Solana (SOL) is down again as the network has been halted by the development team. The Twitter account Solana Status (@solanastatus) tweeted about the incident on Wednesday at 12:56 p.m. (ET) and the Solana status website also explains that block production has been halted. 'Block production on Solana Mainnet Beta has halted. Validator operators should prepare for a restart in mb-validators on Discord,' the status details. Solana has now failed for the 8th time. The network is currently halted. Trading of the $14 billion asset is still possible on centralized exchanges, which seems to be the primary use case of a constantly failing network. - Hector Lopez (@hlopez_) June 1, 2022 The Solana (SOL) network has been plagued by a number of outages and its been estimated that the proof-of-stake (PoS) blockchain has been down a total of eight times. News has reported on a number of Solana's outages and the one that followed Anatoly Yakovenko, the Solana co-founder's commentary. Yakovenko claimed last month that 'If [Bitcoin] eventually doesn't switch to proof-of-stake nobody is ... read More

Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland ...

    China's anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland starting on July 15. Shortly after the announcement, Stepn's in-game cryptocurrency is reported to have briefly dropped by 38%. Stepn Adheres to Local Regulations China mainland users of the NFT gaming app Stepn will not be able to access the app starting on July 15, the developers have said. The blockade on users from this region is set to become effective when Stepn stops providing GPS and IP location services. Despite revealing the plans to stop serving users from the mainland, the dev team insisted in a tweet that they had not engaged in any business with players from the region. The team tweeted: We apologize for the inconvenience and thank you for your understanding. STEPN has not engaged in any business in mainland China since its establishment and has not provided download channels. STEPN has always attached great importance to compliance obligations and always strictly abides by the relevant requirements of local regulatory agencies. In addition to the May 26 announcement, the Stepn team said they will still inform users of any new details relating to the blockade via social media, email, and in-app alerts. The In-Game Cryptocurrency's Plunge Meanwhile, a report in the South China Morning Post said Stepn's in-game cryptocurrency had plunged by 38% following the announcement. The report also said that shortly after the announcement was m... read More

South Korean Authorities Ask Exchanges to Block LFG From Withdrawing Fun...

    South Korean police are reportedly looking to freeze assets associated with the non-profit organization Luna Foundation Guard (LFG) following the eventful collapse of Terra (LUNA). According to South Korea's national broadcaster Korean Broadcasting System (KBS), on Monday (May 23, 2022), the Seoul Metropolitan Police Agency asked several exchanges in the country to prevent LFG from withdrawing funds. Although such platforms are not mandated by law to carry out the police request, it remains unclear if they would actually take any action. The latest development follows the collapse of Terra's native coin LUNA and the de-pegging of its algorithmic stablecoin UST earlier in May. The crash led to massive losses for investors, who later slammed Terra co-founder Do Kwon with a lawsuit, accusing him of fraud. There were earlier reports stating that Do Kwon could appear before South Korean authorities concerning UST's price plunge. The country's national tax service also hit the Terra co-founder with a $78 million fine for tax evasion. Nevertheless, Kwon claimed that his company had resolved all of its taxation issues in Korea. Regarding the request to freeze LFG's assets, the Seoul Metropolitan Police Agency claimed that there were clues that point to the group's funds being linked to embezzlement. read More

Russian Appellate Court Cancels Decision to Block Tor Project's We...

    A court of appeals in Russia has overturned a ruling by a regional court which allowed the blocking of the Tor Project's website in the country. Due to violations during the initial proceedings, the case has been returned to the court of the first instance for another review.Roskomsvoboda Helps Cancel the Blocking of Tor Project's Website in Russia Procedural violations, mainly the failure to summon the owner, have led to the canceling of the regional court's decision to block, Roskomsvoboda announced this week. The lawyers of the non-governmental organization working to protect the rights of internet users in Russia played a role in the case which has been sent back to the first instance court in Saratov region. The Tor Project's website was blocked in December last year on the basis of a decision of the Saratov District Court from Dec. 18, 2017. The hearing in the appellate court, held online, was attended by Ekaterina Abashina from Roskomsvoboda's legal team. Since the ruling of the district court has been canceled, should be unblocked, she said. Abashina explained that the defense had two main arguments to challenge the initial decision. First of all, the absence of a representative of the platform at the hearings affected the rights and obligations of the owner. Then, Russian law does not currently prohibit the dissemination of information related to VPN technologies and anonymizers. The prosecutor did not file a written response to the law... read More

Music Fans Rejoice as YellowHeart Protocol Is Set to Launch on Bittrex G...

    YellowHeart Protocol, an NFT platform poised to disrupt the ticketing and music industries, is set to launch its utility token, HRTS (pronounced 'Hearts'), on Bittrex Global's IEO Platform Starting Block as the platform's debut project on May 24 at 13:00 UTC. YellowHeart Protocol Is a Significant Milestone in the History of Event Ticketing System The first ever event tickets can be traced back to ancient Rome. Not issued on paper, but on a little piece of clay. People's passion for public cultural events never stopped since, and it was until the mid-18th century when concert goers in London started to receive pre-paid checks to guarantee their seats. In the late 19th century, paper tickets gradually came to use. In the following two hundred years, more and more ticket designs emerged. In the early 2000's, tickets moved online. And if you wonder what is the next important milestone in the history of event ticketing system, YellowHeart Protocol is one of the most relevant candidates. On the YellowHeart Protocol platform, tickets are now offered as non-fungible tokens (NFTs) and enhanced with new capabilities enabled by the HRTS utility token (pronounced 'Hearts'). In contrast to traditional tickets, NFT tickets provide music, video, and engaging experiences. They allow artists to communicate directly with their fans. And they offer artists and venues a share of the proceeds any time a ticket is resold. In addition to ticket NFTs, the YellowHeart Protocol marketplace also offers... read More

Terra Blockchain Temporarily Stops Block Production, Aims to Restart Net...

    At 12:14 p.m. (ET), the Twitter account operated by the Terra team announced that the Terra blockchain network had been halted. According to the Terra developers' tweet, Terra validators needed to apply a patch to further disable delegations.Terra Blockchain Halts in Order to Prevent Governance Attacks, Team Says Restart Coming Soon At the time of writing, the Terra blockchain has stopped block production since the mid-afternoon Eastern Standard. The team's Twitter account addressed the public by saying: 'The Terra blockchain was officially halted at a block height of 7603700. Terra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack.' On May 12, 2022, Terra's native token LUNA dropped to an all-time low of $0.00825774 per unit. The once-stable coin terrausd (UST) has been quite volatile and has seen a 24 hour price range between $0.842598 to $0.315279 per coin. UST which was once a top ten coin, is now ranked 25, while LUNA was also a top ten coin and is now ranked 112 among 13,419 cryptocurrencies. Following the update, the Terra team explained a patch was in the works to reboot the network. 'Validators are applying a patch to disable further delegations, and they will coordinate to restart the network in a few minutes,' the team tweeted. Nine hours prior, the Terra team explained that the system was feeling intense pressure. 'The prevailing peg pressure on UST from its cur... read More

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