Is quantum computing a threat to your crypto portfolio?
In a recent Cointelegraph video, we assessed the risk posed by quantum computing to cryptocurrency, potential solutions, and what investors should do to protect their portfolios.
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GMO Internet Exits Bitcoin Miner Production After Recording ‘Extraordinary Loss’ in Q4
Japanese internet giant GMO Internet Group is quitting the Bitcoin mining hardware sector, Cointelegraph Japan reported Dec. 25 referencing a public document.Citing “extraordinary loss” in Q4 this year, GMO, which began its foray into Bitcoin mining in 2017, said that it will “no longer develop, manufacture and sell” miners.“After taking into consideration changes in the…

Chiliz Launches Crypto Exchange for Trading Sports Fan Tokens
Malta-based sports blockchain venture Chiliz is launching a cryptocurrency exchange for sports and entertainment tokens.In a press release shared with Cointelegraph on Jan. 23, Chiliz detailed that the new exchange — Chiliz.net — will roll out in February after the beginning of Fan Token Offerings for all of the Socios.com partner teams. Socios.com is a…

Huobi’s Mining Arm Records 547% Surge in Operating Revenue in 2019
Huobi, the fourth-largest cryptocurrency exchange by daily trading volume to date, saw significant progress in its crypto mining business in 2019.Huobi Pool, a cryptocurrency mining arm of Huobi, says its operating revenues surged 547% in 2019, reaching $320 million year-over-year from $53 million in 2018.PoS staking continues to be the Huobi Pool’s most profitable businessOriginally…

Mt. Gox makes $35M BTC transfer to unmarked addresses
Around 500 BTC has been moved from a Mt. Gox-associated address but it is unclear if this is related to repayments.

Ethernity Chain partners with BossLogic to launch exclusive NFT auction
Under the new collaboration, BossLogic will create 2,500 NFTs exclusively for the Ethernity Chain community. 2980 Total views 10 Total shares Ethernity Chain, a community-oriented NFT platform, is partnering with graphic artist BossLogic to launch an exclusive line of tokenized art pieces for the community. Under the new agreement, BossLogic will create 2,500 NFTs exclusively for…

'No excuse' not to long crypto: Arthur Hayes repeats $1M BTC price bet
Bitcoin (BTC) and altcoins are a no-brainer bet in the current macro climate, Arthur Hayes says.In a post on X (formerly Twitter) on Dec. 14, the former CEO of exchange BitMEX said that investors have “no excuse” to short crypto.$1 million Bitcoin still in play in 2024 "great pivot"Going long crypto is the key to

Bitcoin miners earned just 3.6% of record $2T market cap — Analysis
BTC miners have reaped the benefits in 2024, but their earnings are tiny compared to Bitcoin’s giant market cap.

Why did Bitcoin price go down today? BTC traders brace for $23K retest
Bitcoin (BTC) headed toward $23,000 on Feb. 3 after a night of losses erased bulls’ latest progress.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar rebound halts crypto partyData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $23,329 on Bitstamp.The pair had come off a second trip above the $24,000 mark at the Feb.…