-
+22 +3
U.S. Government's $1B Bitcoin Transfer Spooks Investors; Bitcoin Dips
The price of bitcoin dipped below $22,000 early Wednesday after authorities moved some of the bitcoin to Coinbase-controlled wallets.
-
+21 +2
Silvergate has collapsed
A major banking partner for US crypto companies is done for.
-
+34 +6
FTX Confirms $9 Billion in Customer Funds Vanished
According to a presentation to customers, ex-FTX CEO Sam Bankman-Fried allegedly let Alameda borrow $9.3 billion from customer accounts.
-
+3 +1
Bitcoin ‘fixes democracy’ and fights corruption: Human Rights Foundation
Bitcoin fixes broken democracies and fights government corruption by limiting its power to control its people, argues Bitcoin advocate and chief strategy officer of the Human Rights Foundation, Alex Gladstein.
-
+24 +2
Norway seizes record $5.8 million of crypto stolen by North Korea
Norway has seized a record $5.8 million worth of cryptocurrency that was stolen by North Korean hackers last year, Norwegian police said in a statement on Thursday.
-
+3 +1
Russia To Launch $12.3 Million Crypto Mining Farm In Coming Month
The Russian Federation is looking to launch a crypto-mining facility worth over $12.3 million (900 million rubles) in the coming months. According to a report by local Russian media, RBC, this massive data processing center will be located in Buryatia, a Russian republic in eastern Siberia. Upon completion, the data center is expected to house 30,000 mining devices, with a projected total power consumption of 100 megawatts.
-
+16 +2
Two Thirds of Millennials View Bitcoin as Safe Haven (Survey)
A study by BanklessTimes revealed that 67% of respondents aged 27-42 consider bitcoin a safe haven. Previous polls have shown that millennials are among the most active demographic groups in the cryptocurrency space and have a friendlier outlook than older generations.
-
+21 +4
Bank of America: It only Takes $93 million to Move the Bitcoin Price 1%
A 2021 report from US banking giant Bank of America (BofA) claimed that at a price-tag of $60,000, it only took $93 million in capital to move the Bitcoin price by one percent. Since then, the BTC exchange supply ratio dropped precipitously, per the latest data.
-
+4 +1
Former Bank of China Adviser Calls to Lift Bitcoin Ban
Huang Yiping, formerly a member of the People's Bank of China's monetary policy committee, raised the idea that the country should review its ban on trading bitcoin (BTC) and other cryptocurrencies.
-
+3 +1
Court of Appeal orders Tulip Bitcoin case to go to full trial
London’s Court of Appeal has sensationally announced that a claim by Tulip Trading Limited against 16 developers who are alleged to be responsible for the Bitcoin network will go to trial. Tulip’s claim alleges the developers owe ‘fiduciary duties’ and ‘duties of care’ to effectively police the Bitcoin network.
-
+2 +1
There’s a wild theory that the price of Bitcoin is being propped up—and the academic who proved manipulation in 2017 suspects it may be happening again
Back in 2017, John Griffin, a professor of finance at the University of Texas McCombs School of Business, noticed something strange. Griffin follows a totally different beat from typical business school finance profs who explore, say, how business cycles influence commodity prices or Fed policy sways the term structure of interest rates.
-
+4 +1
Self-proclaimed bitcoin inventor's $2.5 bln lawsuit can go to trial
Self-proclaimed bitcoin creator Craig Wright's lawsuit against bitcoin network developers to try to recover billions of dollars can continue to trial, a London court said on Friday. The ruling paves the way for a trial on whether developers owe duties to the owners of digital assets – which a lawyer representing some developers said could pose a fundamental challenge to decentralised finance if Wright won.
-
+16 +1
ARK Invest Maintains Prediction That Bitcoin Prices Will hit $1M by 2030
Despite a severe downturn, public blockchains continue to foster multiple revolutions and one of them is bitcoin (BTC), says ARK Invest in its 2023 Big Ideas research report. Bitcoin, in the eyes of ARK, is still predicted to close the decade at $1 million because its fundamentals are sound – despite a turbulent 2022.
-
+4 +1
Bitcoin Premium Hits 60% in Nigeria as It Limits ATM Cash Withdrawals
The Bitcoin (BTC) price in Nigeria has soared well above market levels amid continued efforts by the central bank to push its citizens towards digitized cash. At the time of writing, the price of 1 BTC on the Nigerian NairaEX crypto exchange is currently 17.8 million Naira, which is equivalent to a whopping $38,792.
-
+17 +4
Going Nuclear: Bitcoin Mining’s Potential Energy Future
Though the prevalence of bitcoin miners using nuclear energy at scale could take years to materialize, several players in the space are bullish on the prospect. Volatility around bitcoin and the general slow pace of movement in an often risk-averse power industry could serve as barriers though, industry participants said.
-
+23 +4
ChatGPT learns Bitcoin will end central banking and fiat currency
ChatGPT is a powerful new artificial intelligence (AI) tool, capable of problem-solving, advanced coding, answering complicated questions and now spelling out the end of fiat currencies. Parman, a Bitcoin self-custody mentor and writer, taught ChatGPT that Bitcoin BTC tickers down would bring about the end of government-issued fiat currencies and shared the results in a Twitter thread.
-
+26 +4
North Korea behind $100m crypto theft, FBI says
California-based Harmony said in June it had been the target of a cyberattack that stole $100m worth of digital assets.
-
+18 +5
Will Bitcoin mint more millionaires or is this just a 'dead cat bounce'? Here are 3 reasons why Warren Buffett says crypto 'will come to a very bad ending'
The Oracle of Omaha never saw a future in cryptocurrency.
-
+27 +6
The developments of Bitcoin in recent years
Today, Bitcoin is still not widely adopted. However, 2020 and 2021 are considered a key period of validation for Bitcoin. During a bear market, investors moved away from riskier assets, but this is not the case for political institutions, which are still looking for a concrete regulatory framework for cryptocurrencies.
-
+27 +6
FTX says $415 million in crypto was hacked
Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen as a result of hacks.
Submit a link
Start a discussion