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Bitcoin mining difficulty jumped nearly 4% to reach a record 86.4 trillion on Wednesday in the final adjustment before next week’s halving event. The total network hash rate is at all-time highs as Bitcoin miners prepare for block subsidy rewards to halve from 6.25 BTC to 3.125 BTC.


Bitcoin mining difficulty and hash rate continue to increase ahead of the halving, a major industry event expected to occur in eight days.

The CEO of investment management firm VanEck says spot Bitcoin ETFs have mainly attracted inflows of capital from retail investors four months since their launch.

MarginFi creator Edgar Pavlovsky said he does not agree with the way the protocol has operated, both internally and externally. Earlier on Wednesday, the platform was accused of acting in bad faith by Solana-based liquid staking protocol, SolBlaze.