BCH halving is complete
Halving is complete
The fourth BitcoinCash (BCH) halving is complete, the next halving will probably occur on Apr 2028 , estimated date and time are Sat, April 01 at 08:11 at block number 1050000. The current BCH block takes about 10 minutes (600 seconds) to mine.
Price Effect
There was some decline in the price of BCH after the halving, however, it increased in few hours, yet it is still at $600 level, which is much behind its ATH. BCH price is slowly riding bull, it might gain in coming days.
Other News
MINING
Bitcoin mining company Bitfarms is upgrading equipment : In order to maintain with Bitcoin halving, Bitfarms has announced a $240 million investment for high-efficacy equipment.
Exchanges
- Binance is monitoring EPX, FOR, UNFI, WAVES, and WNXM : These tokens no longer meet Binance's standards, so Binance may potentially delist them.
- KuCoin releases its latest POR (proof-of-reserve) : Data for the Kucoin POR is Gbased on March 31. Data proves that user reserve for BTC, ETH, USDT is decreased more than 20% in compyaring to February.
Crypto Critics and Idiots
- Goldman Sachs criticized crypto in the name of Democracy: Due to customers not taking much interest in crypto, CIO Rehmani of company's wealth management has got an opportunity to criticize it due to not making profit even when the crypto market grows.
- SEC criticizes crypto in the name of racial abuse: Director of the Division of Enforcement, Gurbir Grewal has claimed that black and brown investors were disproportionately harmed by crypto assets compared to white Americans.
Altcoins & Blockchain
- Wormhole (W) token: Cross-chain infrastructure Wormhole will launch W token on Solana chain, it will expand to wormhole-connected EVM chains, making hodlers eligible to lock and delegate "W" tokens on both the Solana and EVM chains.
- Withdrawal blocking bug hits Lido's Solana protocol : Millions of dollars' worth of stSOL is hanging around in thousands of wallets after Lido terminated its Solana protocol in February, leaving investors fumed.
