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Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%

Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s. Its remaining miners must choose another provider before a Nov. 10 cutoff.

Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%

We haven't written up this one. CoinDesk has the full story — the link below goes straight to it.

Read the original at coindesk.com →

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Bank of Korea Governor’s Salary Tops 400 Million Won, Exceeding Fed Chair’s by 132 Million Won

The Bank of Korea governor’s annual salary surpassed 400 million won, or approximately $296,692, last year, exceeding the compensation of central bank heads in major economies including the United…

  • Bank of Korea Governor earned 405.5 million won in salary last year
  • Exceeded Fed Chair's compensation by 132 million won
  • Up 3.1% from previous year, surpassing Bank of Japan Governor

KODEX Nasdaq 100 ETF Hits 10 Trillion Won in Record Time

The first exchange-traded fund (ETF) listed in South Korea tracking the U.S. Nasdaq 100 Index has surpassed 10 trillion won, or approximately $7.41 billion, in net assets.

  • KODEX U.S. Nasdaq 100 ETF reaches 10 trillion won in net assets on October 15.
  • Rapid growth driven by individual investors investing 3.3 trillion won this year.
  • Fund's popularity due to affordability and exposure to global tech innovators.

U.S. Inflation Accelerates to 3.7%, Deepening Fed’s Rate Dilemma

As inflationary pressures in the United States intensify again, the Federal Reserve’s (Fed) monetary policy outlook has become increasingly complicated.

  • U.S. inflation rate jumps to 3.7% in September, exceeding 3.6% expectations
  • Gasoline prices surge 9.1% month-over-month, driving overall price increase
  • Fed's Beige Book reveals inflation spreading across all 12 Fed districts

More from Thursday 15 October →