What happens to lost Bitcoin?
01 Oct 2024
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Understanding Bitcoin loss Bitcoin losses — such as the well-known case of James Howells losing access to 7,500 Bitcoin — occur when private keys become inaccessible, effectively removing Bitcoin from circulation. When you think about “losing your Bitcoin,” you probably recall the image of James Howells, a British IT worker, rummaging through a landfill in…

Ethereum gas fees rose 498% in two weeks as network activity surged — Report
01 Oct 2024
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Ethereum network transaction fees have risen significantly over the last two weeks following a surge in onchain activity, according to Coinbase. Coinbase’s weekly report, published on Sept. 27, notes that the average Ethereum gas fees between Sept. 16 and Sept. 26 were 498% higher than the monthly average, with the median transaction cost rising from $0.09 at the beginning…

Restaking is growing like crazy… but it could crash and burn
01 Oct 2024
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Risk management is rarely included in the crypto entrepreneur’s starter pack. Especially when the markets are booming and crypto entrepreneurs are on a crusade to acquire users and TVL, they tend to prioritize innovative tech and aggressive marketing over sustainability. But it’s a company’s attitude to risk that dictates whether it’ll thrive after the bull…