Block Inc. and Core Scientific have announced an agreement to supply Core Scientific with Block’s new 3-nanometer mining ASICs. Core Scientific will be the first to integrate these advanced chips into its large-scale mining operations. This collaboration is part of an ongoing effort to decentralize Bitcoin mining hardware and foster innovation in the mining ecosystem. The post Core Scientific to add 15 EH/s through Block’s 3nm Bitcoin mining ASICs appeared first on CryptoSlate.

Following a successful DAO vote with 99.6% approval, Nomic, which offers a decentralized, non-custodial Bitcoin bridge to IBC-enabled chains like Osmosis, aims to enhance Bitcoin liquidity on the Osmosis platform. This proposal involves waiving Bitcoin bridging fees for transactions originating or terminating on Osmosis. In exchange, a portion of the taker fees from trading nBTC The post Nomic and Osmosis waive BTC bridging fees in landmark DAO-to-DAO partnership appeared first on CryptoSlate.

The US House Armed Services Committee’s latest National Defense Authorization Act (NDAA) draft for fiscal year 2025 includes significant provisions for exploring blockchain technology’s role in national security and defense applications. A committee-approved draft was sent to the full House for consideration, and the Senate Armed Services Committee advanced it to the Senate floor on The post US Armed Services ramp up exploration of blockchain for military use appeared first on CryptoSlate.

Republicans have included Bitcoin and crypto in their official platform for the 2024 election which is set for a final vote July 9, according to the Hill. The inclusion of crypto and Bitcoin reflects former President Trump’s recent statements and a broader shift within the party toward embracing digital assets and blockchain technology. Per the The post Bitcoin to be added to official Republican 2024 platform after today’s vote appeared first on CryptoSlate.

Smart contract proxy upgradeability allows developers to update the logic of deployed smart contracts while preserving the contract’s state and address. This provides flexibility to fix bugs or add features but also introduces potential risks. Smart contracts, self-executing agreements on blockchain networks, traditionally operate as immutable code once deployed. This immutability is a cornerstone of The post Understanding the pros and cons of smart contract upgradeability in DeFi appeared first on CryptoSlate.