With LUNA trading for pennies—down from over $80 a week ago—the validators take extreme measures to protect the network.
You might be interested in …
Bitcoin Investors Lose Record $7.3 Billion in Three Days
The Bitcoin selloff from Thursday to Saturday marked the largest realized loss ever for the top cryptocurrency by market cap, with investors recording $7.3 billion of locked-in losses. About 555,000 Bitcoin were traded in the […]
There's a Telegram for People to Scream Over the Bitcoin Crash
With Bitcoin down 30% in the past week, some crypto traders have taken to Telegram to “voice” their feelings. In the “Bear Market Screaming Therapy Group” on Telegram, members are only allowed to post voice […]
EU Regulator Calls for Ban on Proof-of-Work Mining Used by Bitcoin, Ethereum
Erik Thedéen, vice chair of the European Securities and Markets Authority (ESMA), has called for a ban on proof-of-work crypto mining based on the industry’s high energy demands, per the Financial Times. Thedéen, who also […]