Hundreds of Wallets Drained Across EVM Chains as Attack Remains Unexplained
Hundreds of crypto wallets across EVM-compatible chains have been drained in an ongoing attack, with investigators yet to identify the root cause or point of compromise.
Proof-of-work - Page 3
Proof-of-work (PoW) is a blockchain consensus mechanism where miners compete to solve complex cryptographic puzzles to validate transactions and create new blocks. The first miner to solve the puzzle adds the block to the blockchain and receives a block reward and transaction fees as compensation. This process requires significant computational power and energy, making it resource-intensive but secure. Proof-of-work ensures network integrity by making it difficult for any single entity to manipulate the blockchain. PoW provides trustless transaction validation and secures decentralized networks like Bitcoin.
Latest Proof-of-work News
Crypto Stocks Diverge Sharply in 2025 as Miners and Platforms Outperform
Crypto-related equities posted sharply mixed results in 2025, with miners and trading platforms outperforming broader markets while treasury-driven strategies lagged amid weaker token prices.