Magic Eden dominates NFT trading volume, surpassing Blur and OpenSea: CoinGecko
Magic Eden led the NFT market in August with $122.47 million in trading volume, securing 36.7% market share.
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Sustainable Bitcoin miner uses waste heat to dry wood
Norway is a bastion for renewable energy management in Europe. As much as 99% of Norway’s energy derives from hydropower while the grid often enjoys a green energy surplus. But for Norway’s largest data center and Bitcoin (BTC) miner, Kryptovault, using regenerative hydropower to attempt to solve valid Bitcoin blocks was not enough. At the Hønefoss Bitcoin…
Casper Network halts operations following a security breach
This incident serves as a reminder of the ever-present need for vigilance and proactive measures in the rapidly evolving world of blockchain technology.
Court Orders Purported Crypto Company Longfin to Pay $6.7M Penalty
The United States District Court for the Southern District of New York has ordered purported cryptocurrency company Longfin to pay a total of $6,755,848 million in penalties.Falsely obtained qualification for Regulation A+ offeringOn Sept. 30, the Securities and Exchange Commission (SEC) announced that a New York federal court entered a default ruling against the fintech…
Bitcoin hodlers are about to spark a run to new BTC price highs, data suggests
The proportion of the BTC supply dormant for at least a year looks set to increase after putting in local lows. 859 Total views 22 Total shares Seasoned Bitcoin (BTC) hodlers are about to spark a new price run-up by hoarding BTC, data reveals this week.According to on-chain monitoring resource Glassnode, the Bitcoin supply is…
The US Treasury is running out of cash — trouble ahead for Bitcoin?
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Bitcoin Difficulty Sees Two-Year Record Surge as Hash Rate Mimics 2017
The Bitcoin (BTC) mining difficulty has seen its biggest upward move for over two years after warnings over BTC price selling pressure.According to data from on-chain monitoring resource BTC.com on June 17, the latest difficulty adjustment saw difficulty increase by 14.95% — the most since January 2018.Bitcoin difficulty shoots up 15%The increase tops previous automated…
Celsius’ co-founder Daniel Leon follows Mashinsky out as crypto exec flight continues
Leon is at least the eighth crypto sector executive who has resigned in recent months; Celsius CEO Alex Mashinsky resigned a week ago. 418 Total views 25 Total shares S. Daniel Leon, who cofounded Celsius with Alex Mashinsky in 2017, has quit his job as the bankrupt crypto lender’s chief strategy officer, CNBC reported Oct.…
US crypto executive order looms — 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week with a bang — but not in the right direction for bulls.A promising weekend nonetheless saw BTC/USD attract warnings over spurious "out of hours" price moves, and these ultimately proved timely as the weekly close sent the pair down over $1,000.At $37,900, even that close was not enough to…