Australian federal police to probe 2,000 exploited crypto wallets

Production costs for miners are around $34,000, and together with transaction fees, miners need not worry about another $40,000 support challenge on BTC/USD. The Bitcoin (BTC) mining business is bigger than ever at current price levels, and new data shows just how unlikely a mass miner sell-off really is.As noted by popular Twitter account @venturefounder on…

Swiss-based cybersecurity firm WISeKey and a subsidiary of Malaysian tech investment holding Censof announced a partnership to expand blockchain activities, according to a press release Jan. 25.WISeKey, which focuses on secure authentication and identification using a cryptographic tool called Root of Trust, has increasingly incorporated Internet of Things (IoT) and blockchain technology into its portfolio.The…

Institutional Bitcoin (BTC) trading platform Bakkt has announced it has launched its custody feature for its entire client base following regulatory approval.Bakkt: custody is “critical link” in BTC adoptionIn a blog post on Nov. 11, Bakkt said it had received the go-ahead from the New York Department of Financial Services (NYDFS) to offer custody services…

Billionaires have been increasingly accumulating Bitcoin (BTC) in recent months. Following Paul Tudor Jones’ lead, hedge fund manager Stanley Druckenmiller became the latest billionaire to publicly disclose his Bitcoin investment.The performance of Bitcoin since 2015. Source: TradingView.comThere are four main reasons Bitcoin is becoming more compelling to high-net-worth investors. The reasons are Bitcoin’s effectiveness as…

US President Joe Biden’s withdrawal from the 2024 presidential race led to a sharp crypto dip followed by a near-immediate correction, leading to huge liquidations.

When a Lamborghini owner didn’t have cash on them to pay for their repair job, they used Bitcoin to pay Kansas City welder JayFab. 270 Total views 22 Total shares The Bitcoin meme “Wen Lambo” might be making a comeback. For JayFab, a Redditor who owns and operates a welding and fabrication company, it’s certainly…

The Securities and Exchange Commission has asked for comments regarding Wisdom Tree's proposed Bitcoin ETF. 302 Total views 2 Total shares On July 13, the Securities and Exchange Commission, or SEC, pushed back its decision on Wisdom Tree’s Bitcoin ETF with a request for public feedback. This request will allow members of the public to…

In a recent trend survey made by DMEXCO and presented at an event in Cologne, Germany, it was determined that although the world is currently suffering economically, the digital economy may greatly benefit after the COVID-19 pandemic. According to the survey, the COVID-19 crisis will accelerate the rhythm of digital transformation.One of the benefits of…