Bankrupt Cryptopia exchange distributes $225M to hack victims
Initially owing creditors $4.2 million, Cryptopia’s liquidator Grant Thornton distributed at least $225 million in crypto to hack victims in December.
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Digital insurer Metromile follows through with $1M Bitcoin purchase
In May, the company said it intended to allocate $10 million towards Bitcoin in the second quarter of 2021. 906 Total views 6 Total shares San Francisco-based technology firm Metromile has used 10% of the funds it previously said would be allocated towards crypto to buy Bitcoin (BTC).According to Tuesday's filing from the United States…
Ethereum’s $1.5B options expiry on June 25 will be a make-or-break moment
On June 25, Ether (ETH) will face its largest options expiry in 2021 as $1.5 billion worth of open interest will be settled. This figure is 30% larger than March's 26 expiry, which took place as Ether price plunged 17% in 5 days and bottomed near $1,550. However, Ether rallied 56% after March's options expiry, reaching…
BTC price falls to $34K as Bitcoin RSI reaches most ‘oversold’ since March 2020 crash
It's looking more and more like a capitulation, but so far, open interest remains "unflushed," analysts warn. 4163 Total views 72 Total shares Bitcoin (BTC) refused to stem recent losses during Jan. 22 as predictions of a flight to $33,000 and lower looked increasingly likely to become a reality.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView.Open…
How to use a VPN for online security and privacy
A Virtual Private Network (VPN) is a technology that establishes a secure and encrypted connection between your device and the internet. It creates a private network over a public network, such as the internet, allowing you to browse the web securely and privately. A VPN’s increased online security is one of its main benefits. Your internet…
Apple Will Not Create Its Own Digital Currency Like Facebook, Says CEO
Apple has no intention to follow Facebook in creating its own digital currency, the company’s CEO Tim Cook has said.Cook “not comfortable” about firms creating moneySpeaking in an interview with French media magazine Les Echos on Oct. 4, Tim Cook poured cold water on the idea that Apple could release its own currency tokens.“No,” he…
Cointelegraph launches Crypto Biz newsletter
Every Thursday, Crypto Biz gives readers a weekly pulse of the business behind blockchain and cryptocurrency, delivered directly to their mailbox. 1121 Total views 14 Total shares The cryptocurrency market has matured from a fringe technology experiment to a global asset class valued at over $2.7 trillion. It’s about time we start treating it as…
Microsoft muscles into the Metaverse with Teams updates and Xbox upgrades
U.S. tech giant Microsoft is taking the plunge into the Metaverse via updates to its Teams and Xbox gaming console services, along with a new product called “Dynamics 365 Connected Spaces.” Microsoft CEO Satya Nadella announced the firm’s Metaverse plans for Teams and Spaces on Nov. 2 during the Microsoft Ignite conference. “The Metaverse enables…
Diar: Average Bitcoin Transaction Fees Increased by Nearly 200% From March to April
Average bitcoin (BTC) transaction fees increased by nearly 200% in April compared to March, a report released by crypto research firm Diar on May 6.The report also notes that bitcoin miners earned $13.7 million from fees alone — over 71% up from $3.9 million — the amount they made from fees during the previous month.…