Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
BTC miners are struggling to adapt to a post-halving environment.
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Binance.US CEO calls companies not integrating crypto ‘ignorant’
The CEO called digital assets a "pandemic resilient" solution for businesses. Catherine Coley, the CEO of crypto exchange Binance’s United States branch, says adopting crypto may be one of the only ways for businesses to be “pandemic resilient” going forward.In a Sept. 21 interview with Joe Weisenthal and Tracy Alloway on Bloomberg’s Odd Lots podcast,…
Deadline for Mt. Gox trustee rehabilitation plan extended again
The Mt. Gox trustee rehabilitation plan is purportedly coming in mid-December. 1662 Total views 23 Total shares The trustee of the now-defunct Japanese cryptocurrency exchange Mt. Gox has obtained another approval to extend the deadline for submitting a rehabilitation plan.Following a motion by Mt. Gox rehabilitation trustee Nobuaki Kobayashi, the Tokyo District Court issued another…
Social engineering attack, explained
Explore various types of social engineering attacks and find out how these manipulative strategies exploit trust and vulnerabilities, leaving victims vulnerable to financial loss.
BC Group Unveils Insured Custody Offering for Asia-Based Crypto Investors
Hong Kong trading and asset management firm Branding China Group (BC Group) is launching an insured custody service for cryptocurrencies, the company confirmed in a press release shared with Cointelegraph on April 1.BC Group, which owns a portfolio of various blockchain companies, including cryptocurrency trading platform Anxone and digital asset brokerage OSL, said it decided…
Tesla reports $64M profit from Bitcoin sale
Elon Musk’s electric vehicle company sold 75% of its BTC in the second quarter. The company’s overall profitability was impacted by inflation and the competition for battery cells. 447 Total views 25 Total shares Tesla’s decision to offload most of its Bitcoin (BTC) treasuries netted the company a hefty profit in the second quarter, even…
Roger Ver Trashes Bitcoin.com Coronavirus Layoff Claims as ‘More Bcash FUD’
Bitcoin.com CEO Roger Ver has brushed aside assertions that his website laid off 50% of its workforce, labeling the claims “more Bcash FUD.”Several cryptocurrency news outlets reported the layoff news after a post appeared on Candor, a site that purports to list jobs lost in response to the coronavirus. Problems with Candor’s methodsHowever, Candor’s list is…
Crypto Quick Hits: 8 simple steps to multiple weekly winners
Cointelegraph Markets Pro gives members access to multiple strategies for finding weekly crypto winners.This article outlines how to use two overlooked indicators that, based on historical data, have been able to alert traders to massive potential price increases. These indicators can also be indispensable tools for asset discovery.When these indicators are abnormally high, they warrant…
You have our swords: 12 independent entities pledge legal support for Ripple
Fintech firm Ripple is garnering more support from the crypto and finance industry in its ongoing battle with the United States Securities and Exchange Commission (SEC).On Nov. 4, Ripple chief executive Brad Garlinghouse proudly tweeted that the number of companies, developers, exchanges, associations, and investors officially supporting the firm has reached 12.The pile of amicus…