Bitfarms mined 21% more Bitcoin in June amid Riot takeover attempts
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase.
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Trump delays stimulus, Bitcoin dumps shortly thereafter
Bitcoin's correlation with traditional markets appears to continue. 2010 Total views 6 Total shares Back and forth discussions with regard to a second stimulus package for the people of the United States have been ongoing for months. Today, President Trump decided to push the matter back until after the 2020 presidential elections have concluded. This…
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Turkish Lira’s Collapse Sees Media Highlight Bitcoin’s Relative Stability
Mainstream media seized on the unravelling currency crisis in Turkey Monday, August 13, with Bloomberg publicizing a demonstration of Bitcoin’s (BTC) comparatively low volatility. Leading with the headline “Turkey Meltdown Propels Lira Volatility Above Bitcoin,” Bloomberg became the latest publication to reveal the full extent of the Turkish national currency’s devaluation this year. “The 10-day…
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Reserve Bank of Australia Official ‘Not Convinced’ of Need for Digital Dollar
The Reserve Bank of Australia (RBA) assistant governor Michelle Bullock said that the bank has not been convinced of the need to create a digital Australian dollar, local business and finance news outlet The Australian Financial Review reported Oct. 24.Speaking at the Sibos 2018 banking and financial conference in Sydney, Bullock reportedly said that she…
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US Indicts Two More Men on Fraud and Extortion in SIM-Swapping Investigation
United States law enforcement has indicted two more men over alleged SIM-swapping scams involving cryptocurrency. A press release from the Northern District of California Attorney’s Office confirmed the indictment on Feb. 4.Ahmad Wagaafe Hared and Matthew Gene Ditman, who prosecutors accuse of conducting fraud, extortion and identity theft, were released on bond pending two trials…
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SBF’s Alameda minted $38B USDT to profit off arbitrage trading: Coinbase director
Coinbase director Conor Grogan has flagged on chain data that highlights massive USDT mints ordered by Sam Bankman-Fried’s Alameda Research in 2021. Blockchain data flagged by Coinbase director Conor Grogan indicates that Alameda Research redeemed over $38 billion for Tether (USDT) tokens in 2021 despite not having the equivalent assets under management.Onchain data shows that
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Pinned below $11K, Bitcoin price plays second fiddle to Uniswap (UNI)
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The Latest Ransomware Victim Is a NASA Contractor
A DopplePaymer ransomware attack reportedly targeted one of NASA’s IT contractors in the United States. 1308 Total views 36 Total shares As SpaceX and NASA celebrated their first human-operated rocket launch on May 30, cybercriminals behind a ransomware known as DopplePaymer launched an attack against one of NASA’s IT contractors.According to a blog post by the…
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EIDOS Transaction Volumes Skew 2019 DApp Market Report
The transaction volume going through the EIDOS decentralized application (dApp) has massively skewed the results of the 2019 dApp Market Report, published Jan. 20. The token airdrop dApp on the EOS blockchain, saw almost three times as many transactions in 2019 as all of the other dApps on nine leading platforms combined.Perhaps the most notable…