BITCOIN

Bitcoin.com continues to improve access to high-throughput, low-fee decentralized networks for millions of people by integrating the Polygon network. Bitcoin.com , a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has announced integration of the Polygon network to its self-custodial web3 wallet. The addition of Polygon to the multichain Bitcoin.com Wallet means the wallet’s millions of users are now able to trade ERC-20 tokens via Polygon, as well as interact directly with most of the over 37,000 Decentralized Apps (DApps) hosted on the network, including blue-chip projects, such as Aave, Uniswap and OpenSea. “Polygon was one of the first networks to provide millions of people low-fee access to decentralized finance (DeFi). DeFi has run into speed bumps with high fees that push out the vast majority of people. Projects like Polygon’s are crucial to guaranteeing DeFi has low-fees, thus remainin

Two U.S. lawmakers have requested answers from the Securities and Exchange Commission (SEC) about its rulemaking process. Their request followed the latest SEC Inspector General report that “raises significant concerns that the agency is trying to enact too many rules, too quickly.” ‘SEC Is Enacting Rules Without Sufficient Feedback’ U.S. Senator Pat Toomey (R-PA) and Representative Patrick McHenry (R-NC) sent a letter to the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, requesting information regarding the agency’s rulemaking process on Wednesday. The letter references several issues identified in the October report published by the SEC Inspector General (IG), an independent office that conducts, supervises, and coordinates audits and investigations of the programs and operations of the SEC. Senator Toomey tweeted on Friday: I’m deeply concerned by the IG report finding that the SEC is enacting rules without sufficient feedback. The letter details t

Bitcoin miners caught a small break late Sunday evening (ET) after the network’s mining difficulty dropped 0.20% lower than the difficulty rating two weeks prior. The drop is the first mining difficulty decrease in four weeks, as the metric changed from 36.84 trillion to 36.76 trillion. Bitcoin Miners Catch a Miniscule Break as the Network’s Difficulty Shrinks by 0.20% Bitcoin’s mining difficulty is still extremely high in comparison to the height it was in mid-August 2022. For instance, on Aug. 17, 2022, just before the year’s third largest difficulty increase, the difficulty was around 28.35 trillion. At 36.76 trillion, data shows the difficulty increased by 29.66% since Aug. 17, which makes it more than 29% more difficult to find a bitcoin ( BTC ) block today than it was in mid-August. While the 0.20% drop is a small decrease, it is still helpful to miners in contrast to the difficulty rising higher. At the time of writing, Bitcoin’s total hashrate is around 269.86 exahash per s

PRESS RELEASE. PARIS, FRANCE / NOVEMBER 7th 2022 / Tezro’s decentralized cryptocurrency payment service is expected to revolutionize the shopping experience. Through its innovative financial chat platform, the Tezro app combines crypto and e-commerce, enabling users to make purchases using a wide range of cryptocurrencies. With Tezro , you can buy and sell cryptocurrencies on one of the most secure platforms available. The app’s exchange feature allows users to make purchases by choosing the desired currency and the desired amount. As a further security measure, escrow services allow consumers to verify payments only after the appropriate quantity of bitcoin has been sent by the related dealer. Cryptocurrencies’ success stems mostly from blockchain technology’s unparalleled features. Cryptocurrencies, non-fungible tokens, alternative coins, Decentralized Finance, Decentralized Media, the birth of Web 3.0, and many more have all been made possible by blockchain technology. Unprecede

Last year, Bitcoin’s total network hashrate was around 160 exahash per second (EH/s), and 15 known mining pools dedicated hashrate to Bitcoin on Nov. 6, 2021. At that time, the mining pool Foundry USA was the fifth largest mining pool with 18.44 EH/s dedicated to the Bitcoin chain. During the last 12 months, Foundry has managed to increase the pool’s hashrate by more than 350% climbing to 84.34 EH/s on Nov. 6, 2022. After 12 Months, Foundry USA’s Hashrate Muscles Its Way Into the Top Bitcoin Mining Pool Position The bitcoin mining pool Foundry USA has been a force to be reckoned with during the last 12 months. The mining operation Foundry USA is owned and operated by Foundry , a mining, staking, and consulting firm based in Rochester, New York. The company was created by Digital Currency Group (DCG) and it was founded in 2019, according to a press release announcing the mining arm on Aug. 27, 2020. Statistics from the web portal btc.com show the earliest recorded sighting of Foun