Blockchain Bites: Coinbase’s Loans, Ethereum’s Fees, YAM’s Bug

The increase in fees and ether’s jump in price has driven the daily profitability of Ethereum miners to levels not seen in 27 months – increasing profit margins for most mining equipment above 90%. Crypto Credit Line Coinbase will allow U.S. retail customers to borrow fiat loans against as much as 30% of their bitcoin holdings, without filling out an application or going through a credit check.

A single malicious entity controls 23% of all exit nodes used on the anonymous internet provider Tor Network and is using its position to steal bitcoin and other cryptocurrencies, according to pseudonymous cybersecurity analyst “nusenu.” Market capitalization is a tenuous indicator, found by multiplying the total number of coins or tokens in circulation multiplied by its spot price, but has become the go-to metric to rank crypto projects.

Timeline of Ethereum