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MegaETH releases mainnet as Ethereum scaling debate heats up

MegaETH, a high-performance blockchain built to make Ethereum applications feel near-instantaneous, debuted on its public mainnet on Monday, entering an ecosystem mired in a fundamental debate over how Ethereum should scale. The project, which had pitched itself as a layer-2 “real-time blockchain” targeting more than 100,000 transactions per second (tps), would make onchain interactions feel

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Tom Lee’s Bitmine (BMNR) Adds to ETH Stack After Price Crash and Now Has 3.6% of Ethereum’s (ETH) Total Supply

Bitmine Immersion Technologies (BMNR) added to its ether ETH$2,034.15 inventory amid last week’s crypto crash, bringing its stack up to more than 4.3 million tokens worth about $8.7 billion at the current price just above $2,000. Led by chairman Tom Lee, the company, which is the world’s largest holder of ETH, purchased an additional 40,613

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Crypto.com founder Kris Marszalek buys ai.com domain name for record $70 million: FT

Kris Marszalek, founder and CEO of crypto exchange Crypto.com, spent $70 million to buy ai.com, the highest publicly disclosed price paid for a website domain, the FT reported. The acquisition signals the executive’s move into artificial intelligence, a sector set to reach nearly $1.5 trillion in worldwide spending by 2025, according to Gartner. Momentum will

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Bitcoin (BTC), major tokens fall as traders position for downside protection: Crypto Markets Today

Crypto markets opened the week under pressure, extending losses after a volatile weekend like bitcoin BTC$70 411.45 showed tentative signs of stabilizing below $70,000. Although the largest cryptocurrency fell more than 2.8% over the past 24 hours, it is still well off its recent lows of around $60,000. Still, it has struggled to regain momentum

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Mining problems drop the most since 2021 as miners capitulate

Bitcoins BTC$68,657.39 mining difficulty fell by around 11%, the biggest drop since China’s 2021 crackdown on the industry, following a sharp drop in hash rate triggered by falling prices and widespread winter storm-related outages in the US Mining difficulty, which determines how difficult it is to find new Bitcoin blocks, is adjusted approximately every two

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