News

According to Jinse Finance, DefiLlama data shows that the total market capitalization of stablecoins has decreased by 0.99% over the past week, now reported at $305.849 billions. Among them, the total market capitalization of USDT increased by 0.04%, now reported at $186.624 billions, with a market share of 61.03%.

According to Jinse Finance, Foundry USA, the digital asset advisory company of the world's largest bitcoin mining pool, has reduced its hashrate by about 60% since last Friday due to severe winter storms sweeping across large areas of the United States. According to TheMinerMag: "Under ongoing power restrictions, Foundry USA's bitcoin hashrate has dropped by nearly 200 EH/s (exahashes per second) since Friday, a decrease of about 60%. The temporary block time for bitcoin blocks has slowed to 12 minutes." According to Hashrate Index data, Foundry USA still controls about 198 EH/s of hashrate, accounting for approximately 23% of the global mining pool's total hashrate. Bitcoin network hashrate refers to the total computing power miners dedicate to securing the proof-of-work (PoW) mechanism. These power restriction measures have also affected other mining pools serving U.S. users, including Luxor. As winter storm Fern sweeps across the U.S., many miners have been forced to adjust their energy usage to ease the pressure on grid infrastructure.

According to ChainCatcher, Coinglass data shows that at 05:30 on January 26, 30.0002 million USDT was transferred from an exchange to an unknown wallet.