Crypto News
Bitcoin Hashrate Surpasses 1 Zettahash as Miner Revenue Hits Record Low
For the first time ever, bitcoin’s (BTC) hashrate hit 1 zettahash (1 ZH/s) on Friday, according to data from Glassnode. The previous record was set on Jan. 31, when the network hit 975 exahashes per second (EH/s). Bitcoin first reached 1 EH/s in 2016 — a milestone that’s now been multiplied 1,000 times.CoinDesk research published on April 3 noted that the hashrate was climbing to record levels, even as bitcoin’s price remained disconnected from this trend. Since then, the price has fallen another 10%, driven in part by President Trump’s tariffs, and is now hovering around $77,000.As the research pointed out, analyzing the hashrate on a 24-hour timeframe can be misleading due to natural block time variability, which is how...
Pump.fun Reintroduces Live Streaming to 5% of Users with New Moderation Policy After Five-Month Suspension
Pump.fun, the solana-based memecoin launchpad, has reintroduced its live-streaming feature to 5% of users, five months after suspending it due to incidents involving harmful content. Alon Cohen, co-founder of Pump.fun, announced the rollout on X, stating that the platform now includes “industry standard moderation systems in place and transparent guidelines.” The newly established Livestream ModerationSource link
Tether May Develop U.S.-Only Stablecoin Under New Regulations: FT
Tether, issuer of the world's largest stablecoin USDT, may offer a new token specifically for the U.S., according to a Financial Times report on Monday.Paolo Ardoino said the company had been involved in discussions about the U.S. rules on stablecoins and that it may create a token just for the U.S, depending on how these discussions unfold, the FT reported, citing an interview with the Tether CEO. Ardoino said that if new rules are brought in"make stablecoins competitive, there could be an interest from Tether to create a domestic stablecoin," which would be "basically a settlement currency."He added that the Trump administration views stableoins as "an important instrument in the United States."Stablecoins are digital tokens pegged to the value...
Top Meme Coins Post Double Digit Losses Amid Crypto Market Rout
Dogecoin, Shiba Inu, Pepe, and Bonk all plunged after U.S. President Trump’s tariff shock triggered a global selloff.Source link
Historic: Cryptocurrency Assets Are Now Legally Seizable in Brazil
In a historic decision, the National High Court of Brazil decided that when funds are not available for seizure in the banking system, judges can directly send letters to cryptocurrency exchanges to investigate if debtors have crypto and seize it. National High Court of Brazil Establishes Cryptocurrency May Be Seized for Debts Cryptocurrency is beingSource link