Block size and scalability
    11 Dec 2023
    74 Views

    What is block size, and why is it important? Block size is important for maximizing storage efficiency and transaction throughput in file systems and blockchain contexts.  The amount of data processed or transferred in a single block within a computer system or storage device is referred to as the block size. It represents the basic…

    Crypto exchange HTX see outflows top $258M following exploit
    11 Dec 2023
    73 Views

    Crypto investors have been moving their assets away from crypto exchange HTX (formerly known as Huobi) following a Nov. 22 exploit that saw the exchange pause its services and lose a total of $30 million. Between Nov. 25 — the day that HTX resumed its services — and Dec. 10, the exchange witnessed some $258 million in…

    Bitcoin wipes nearly a week of gains in 20 minutes, falling under $41K
    11 Dec 2023
    139 Views

    The price of Bitcoin briefly fell below $41,000 on Dec. 11 at 2:15 am UTC, following a sudden 6.5% drawdown from $43,357 to as low as $40,659 in a span of 20 minutes. At the time of publication, Bitcoin was trading slightly up from the local low at $41,960 per TradingView data. Ether, the second-largest cryptocurrency by…