Investors lose $1.6M after Doja Cat’s X reportedly hacked to promote scam coin
A hacker reportedly posted to Doja Cat’s X account telling fans to “buy $DOJA or else.”
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Germany: Suspects Arrested for Stealing Electricity in Crypto Mining Operation
In the German city of Klingenthal, Saxony, police have arrested a group of suspects for stealing electricity to operate a cryptocurrency mining farm, Cointelegraph auf Deutsch reports Feb. 6.Police officers reportedly tracked down a system of 49 computers operating in the premises of former electrical services company PGH Elektro. Since at least 2017, the mining…
The emergence of cryptocurrency hedge funds
I started exploring Bitcoin first in 2012 and, still today, I am fascinated by the opportunities and future potential digital assets pose as an emerging alternative asset class.One of the most relevant recent developments, which is often not covered, is the emergence of crypto hedge funds. Compared to the early days of crypto assets, when…
High-profile athletes are spending huge amounts on NFTs: Here’s why
Athletes have been known to invest in a range of assets and businesses, but now they're also getting into cryptocurrency and blockchain.Nonfungible tokens (NFTs) are a relatively new form of tokens that allows for the exchange, trade and ownership of unique digital assets. According to market data, worldwide NFT trading was worth around $40 billion…
Stader Labs announce $12.5 million strategic raise, receives praise from Terra founder Do Kwon
There are now over 15,000 unique wallets staking on Stader Labs, with total value locked of around $500 million. 182 Total views 11 Total shares On Thursday, Stader Labs, a crypto firm building decentralized finance, or DeFi, products for proof-of-stake blockchain networks, announced that it raised $12.5 million in a private sale. The funding round…
Court confirms Celsius bankruptcy exit plan, $2B in crypto to go to creditors
The decision ends the complex case with a creditor-approved plan that will see their partial reimbursement and make them shareholders in a new company. 802 Total views 19 Total shares The Celsius bankruptcy plan has been approved. The path is now clear for customers to see some of their funds returned and receive shares in
Bitcoin surges past $24,000 on CME launch of BTC event contracts
Bitcoin futures on CME have traded 550,000 contracts since inception. Own this piece of history Collect this article as an NFTOn Mar. 13, American derivatives marketplace CME announced the launch of Bitcoin (BTC) futures event contracts. The exchange, which is fully regulated and has cleared administrative review, will henceforth facilitate cash-settled, daily expiring contracts tied…
US Bitcoin miners expanding operations despite price volatility
Some BTC miners in the U.S. expect to double their capacity through 2022 while other global operations have been selling BTC to secure cash reserves. Crypto mining operations based in the United States are committed to increasing their hash power with more hardware despite Bitcoin’s (BTC) three-month downturn.The Marathon Digital Holdings and GEM Mining companies…
Bitcoin to hit $250K in January 2022 but ‘invalidate’ S2FX BTC price model — New prediction
Bitcoin (BTC) will invalidate one of its best-known price models this cycle as $1 million becomes a focus for 2025, says well-known analyst Matthew Hyland.In a series of tweets on Nov. 9, Hyland, who has created a loyal following for his Bitcoin commentary over the years, predicted that only one of the two stock-to-flow models…