Bitcoin can benefit the black community and help create leverage against the current financial system, author Isaiah Jackson told the Decrypt Daily podcast.

The financial space was rocked by the news that German fintech group Wirecard filed for insolvency owing €3.5bn. Not only a financial failure but also a seemingly “elaborate and sophisticated fraud,” according to EY, the company’s auditor for more than a decade.

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The largest Bitcoin wallet that belongs to an unknown entity or individual recently moved 101,857 BTC, worth just over $933 million. The transfer was first noticed by automated crypto tracking service Bitcoin Block Bot on June 27. And for this whopping transaction, the mysterious owner of the wallet paid just $0.48 in fees.

The pseudonymous owner of Bitcoin’s oldest website—created by Satoshi Nakamoto himself—has fired its maintainer after a verbal dispute.

President Donald Trump ordered Treasury Secretary Steve Mnuchin to focus on a clampdown on bitcoin over negotiating a trade with China, former national security adviser John Bolton reportedly claims. In a terse exchange about imposing sanctions and tariffs with China, Trump reportedly told Mnuchin: “Don’t be a trade negotiator,” ordering him instead to: “Go after bitcoin [for fraud].”

One of the questions that the crypto community asks experts is whether Bitcoin will be as easy to use as the U.S. dollar. If so, the next question is when it may happen and how soon the public will be able to feel the change. The leading developers claim that the cryptocurrency will inevitably surpass gold and become a more valuable asset.

The general knowledge about bitcoin (BTC) grows over the years, especially millennials are positive about BTC. This is shown by a survey from The Tokenist. They interviewed almost 5000 participants from 17 countries. It is a small study, but it does reflect a sentiment: more people seem to choose bitcoin over traditional financial institutions.

A fake Bitcoin scam, with Elon Musk’s likeness at the helm, has reportedly raked in over $2 million.

Samsung is diving deeper into cryptocurrencies, the South Korean technology giant and creator of the Galaxy smartphone range, could soon become one of the biggest drivers of bitcoin, crypto and blockchain adoption.While bitcoin traders and investors are focused on the upcoming bitcoin halving, a looming U.S. bitcoin crackdown, and rocky crypto trading volume, Samsung is putting the power of bitcoin, crypto and blockchain in people's hands.

Although the Bitcoin price declined sharply in response to the World Health Organization’s declaration of COVID-19 as a pandemic last month, interest in the crypto asset from the general public is not lost. In fact, some Americans are taking their $1,200 stimulus checks and using them to buy Bitcoin and other cryptocurrencies.

There are roughly 15 known entities sponsoring Bitcoin Core developers in 2020, and the Wyoming-based startup CardCoins just became one of the smallest industry players to join the pack. CardCoins has helped “over 10,000 unique users” convert gift cards into bitcoin, according to a spokesperson, with "millions of dollars of volume” last year. That healthy-yet-modest traction, which increased slightly since the recession hit, is dwarfed by incumbent crypto exchanges and custody providers.

The price of Bitcoin is starting to kick into high gear as the mining reward halving edges ever closer. There are about two weeks to go until the amount of Bitcoin unlocked for solving an equation leading to a new block is cut from 12.5 to 6.25 BTC. This will, of course, have a significant impact on the mining sector, but it is also expected to impact the market itself.

Plan₿'s Stock-to-Flow model was warmly received by many in Bitcoin. The chart gave context to price action around halvings, validating the importance of scarcity. The S2F model does have critics, and with the third halving approaching, some had questioned whether the reducing subsidy drive price.

Bitcoin mining power appears to be surging. In a significant deviation from the norm, bitcoin miners just produced 16 blocks in 63 minutes.

While many people have spent their time in lockdown playing the popular game Animal Crossing New Horizons on the Nintendo Switch, at least one player has put in the work to ensure his in-game character doesn't miss Bitcoin's recent bullish activity. The game typically revolves around completing various simple tasks, like chopping wood and farming, in order to earn in-game currency that is used to buy items. Although the game is designed to be a relaxing, whimsical experience, it seems this isn't enough for at least one player, who instead opted to turn his in-game kitchen into a faux Bitcoin mining operation.

Blockchain in healthcare was meant to be. With such a large amount of sensitive data to store, the medical field can’t go without the most reliable method of recording, storing and sharing information.

Bitcoin’s block reward halved for the second time last week, from 25 to 12.5 bitcoins. The event, commonly referred to as “the halving” (or sometimes: “the halvening”), was a key moment in Bitcoin’s history. Such halvings are scheduled to occur once in about every four years, and they ensure that no more than 21 million bitcoins will ever be in circulation.

Every four years, sports enthusiasts are passionately waiting for the Olympics Games or the FIFA World Cup. The Bitcoin community has its own much-awaited event that occurs every four years or so – it’s the Bitcoin halving, also referred to as halvening. If you’re watching crypto news, you may notice the fuss about the upcoming halving. Indeed, Google searches for the term “Bitcoin Halving” surged to an all-time high.