Bitcoin Offshoot Undergoes 'Halving' in Prelude to Larger Blockchain's Change

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Bitcoin,Cryptocurrency,Halving

Bitcoin Cash, a cryptocurrency that split off from Bitcoin in 2017, recently underwent a 'halving' event, reducing the reward for mining new coins. This event is seen as a prelude to a similar change in the larger Bitcoin blockchain. Meanwhile, European stocks are slightly up as traders assess data and the outlook for interest rate cuts. Lightspeed Commerce is cutting 280 jobs as it focuses on profitable growth. Mining for electric vehicle metals in Africa is threatening gorillas and chimpanzees. The US and EU are expected to miss a critical minerals agreement this week. The US House's vote on Ukraine war aid is likely weeks away. The US may revoke the Houthi terrorist label if they stop attacking ships in the Red Sea. UK Chancellor Rishi Sunak is urging Thames Water to clean up its financial mess. Chilean politicians are working to save the local steel industry from cheap Chinese imports. Chile has also cut interest rates by 75 basis points. A tsunami warning was issued after an earthquake shook buildings in Taipei.

Bitcoin Cash, a cryptocurrency that split off from Bitcoin in 2017, recently underwent a 'halving' event, reducing the reward for mining new coins. This event is seen as a prelude to a similar change in the larger Bitcoin blockchain. Meanwhile, European stocks are slightly up as traders assess data and the outlook for interest rate cuts. Lightspeed Commerce is cutting 280 jobs as it focuses on profitable growth.

Mining for electric vehicle metals in Africa is threatening gorillas and chimpanzees. The US and EU are expected to miss a critical minerals agreement this week. The US House's vote on Ukraine war aid is likely weeks away. The US may revoke the Houthi terrorist label if they stop attacking ships in the Red Sea. UK Chancellor Rishi Sunak is urging Thames Water to clean up its financial mess. Chilean politicians are working to save the local steel industry from cheap Chinese imports. Chile has also cut interest rates by 75 basis points. A tsunami warning was issued after an earthquake shook buildings in Taipei

 

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