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Bitcoin
Malaysia Flattens Seized Bitcoin Mining Rigs With Steamroller — Over 1,000 Machines Demolished
Over 1,000 bitcoin mining machines have been totally destroyed in Malaysia after they were seized for illegally mining the cryptocurrency using stolen electricity. The mining machines, worth about $1.26 million, were steamrolled in the…
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Bithumb Terminates Trademark Agreements With 2 Foreign-Based Exchanges
Leading Korean crypto exchange Bithumb is terminating its trademark agreements with two coin trading platforms operating abroad under its brand name. The move comes as digital asset exchanges in South Korea prepare to comply with the…
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$31.5K Bitcoin price on track for lowest weekly close of 2021
Performance remains grimly sideways on the day of the largest GBTC unlocking event.
Bitcoin (BTC) was on track to lose nearly $3,000 this week as a weekend of mixed price behavior came to an end.
BTC/USD 1-hour candle chart (Bitstamp).…
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Jackson, Tennessee Mayor Praises Bitcoin’s Benefits Against Inflation, Aims to Create a BTC Hub
Jackson, Tennessee’s mayor is a fan of bitcoin and he wants the city to become a bitcoin hub in order to entice technology companies and innovation. Jackson’s mayor Scott Conger is in the midst of discussing creating legislation…
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These Are the Crypto Economy’s 5 Most Expensive Assets per Unit
On July 18, the most valuable cryptocurrency in terms of dollars per unit, is bitcoin which is currently trading for $31,693. Besides all the wrapped bitcoins and synthetic bitcoin pegs, the second-highest valued crypto-asset per unit is…
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IMF, World Bank, BIS Recommend Countries Work Together on CBDCs to Enhance Cross-Border Payments
The International Monetary Fund (IMF), the World Bank, and the Bank of International Settlement (BIS) have conducted an extensive study of using central bank digital currencies (CBDCs) for cross-border payments. Their report to the G20…
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The Longest Streak of Negative Mining Difficulty Adjustments in 10 Years for Bitcoin
Bitcoin’s network went through another negative mining adjustment in the past 24 hours, with a decrease of nearly 5%. With this one, the world’s largest blockchain has registered its worst streak of four consecutive difficulty…
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Are Mike Tyson and Busta Rhymes Looking to Get Into Crypto?
Mike Tyson, one of the greatest boxers in history, has asked his millions of followers on Twitter if they prefer bitcoin or ether. This comes shortly after the popular rapper Busta Rhymes asked around for trustworthy sources for education…
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Ukraine’s ‘Largest Illegal’ Mining Facility May Have Been a FIFA Bot Farm
A data center busted by Ukrainian law enforcement this month for suspected electricity theft may have had a purpose different from mining cryptocurrencies. Ukraine’s security service described the facility as the “largest…
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Dolce & Gabbana to Launch High Fashion-Inspired NFT Collection in Venice
This week the Italian luxury fashion house founded in 1985 in Legnano by Italian designers Domenico Dolce and Stefano Gabbana has announced the firm is launching a non-fungible token (NFT) collection. Dolce & Gabbana also known as…
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