David Sacks: U.S. lost $17b by selling seized Bitcoin too early

2025-3-7 18:37

The U.S. Federal government sold roughly 195,000 Bitcoin over a decade, pocketing an estimated $366 million from criminal seizures like Silk Road. origin »

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This Crypto Startup Hacks Its Own Users’ Wallets to Rescue $13 Million

By CCN: Better the thief you know than the one you don’t. Cryptocurrency platform Komodo has had to hack its users after discovering a serious security flaw in one of its wallets. According to a press statement by the blockchain startup, Komodo’s cybersecurity team was able to ‘sweep’ in and retrieve 8 million Komodo coins (KMD) and 96 Bitcoin before hackers got hold of the exposed loot.

2019-6-7 15:19


Collective Hacker’s Honeypot Now More Than Satoshi’s Bitcoin Holdings with Over 1 Million BTC Stolen

Hackers have Stolen over 1 million of the 21 Million Bitcoins that will ever Exist Since 2011, hackers have been out to steal Bitcoins from those who own it especially on exchanges. According to data from Chainanalysis, over a billion dollars were stolen through hacks on exchanges alone. It is estimated that Satoshi Nakamoto has […]

2019-5-26 17:00


Bitcoin Price Vulnerable Despite 2019 High, Traders Predict Plummet to $4,200

By CCN. com: In the past 24 hours, the bitcoin price spiked by nearly five percent from $5,580 to $5,880, surpassing $5,900 at the day’s peak, fueling the cryptocurrency market. The abrupt increase in the bitcoin price was supported by a noticeable increase in daily bitcoin spot volume estimated to be around $570 million as of May 7 by OnChainFX.

2019-5-7 13:45


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Here’s How Much Bitcoin Countries Need to Replace Their Gold Reserves

New research from a digital asset management firm estimates the amount of BTC governments have to accumulate if Bitcoin were to replace the current gold reserves. ‘Governments Have Some Accumulating to Do’ Digital asset management firm Blocktown Capital has estimated the amount of BTC governments would have to accumulate if Bitcoin were to replace the current gold reserves.

2019-4-9 22:00