Bitcoin Network Hash Rate Posts Yet Another New All-Time High – April 28

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $39,737

Bitcoin price has had a volatile start to the day, briefly breaking above $40,000 earlier this morning and settling back in the $39,000s.

Top-20 altcoins are a mixed bag, as Ethereum gains 1%, BNB rises 3% and Solana falls 1% over the last 24 hours.

Top Stories for April 28, 2022 πŸ”₯

πŸ‘‰ Bitcoin Network Hash Rate Posts Yet Another New All-Time High

The hash rate of the Bitcoin network has posted yet another all-time high, despite seeing struggling price action in recent weeks. In turn, mining difficulty has also increased by 5%.

The latest hash rate record – that is, the amount of computing power securing the Bitcoin blockchain – was recorded at 258 EH/s earlier today. The measurement marks a whopping 400% increase since China banned cryptocurrency mining last year.

πŸ‘‰ Company Issues “Pre-IPO” Security Tokens On European Digital Assets Exchange

HCS Pharma is offering blockchain-based “pre-IPO” tokens to investors on the European Digital Assets Exchange (EDSX), becoming the first non-crypto company to do so.

The crypto tokens represent a Simple Agreement for Future Equity (SAFE), which give token holders the right to a 20% discount on the listing price of the IPO proper.

πŸ‘‰ Dubai Luxury Real Estate Developer To Accept Crypto Payments

Dubai luxury real estate developer Damac will begin accepting payments in Bitcoin and Ethereum, according to a press release yesterday.

The move appears to be consistent with many companies believing that the United Arab Emirates will become a global crypto hub, with general manager of operations Ali Sajwani saying the move aims to “accelerate the new economy for newer generations”.