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Riot spends just $8.3k to mine 1 BTC as it looks to triple production by 2025

Riot, a key player in the Bitcoin mining sector, reported overall revenue of $76. 7 million in its financial results for the quarter ending June 30, 2023. This result underscores Bitcoin miner resilience in an unpredictable market, with a significant part of its achievement attributed to a 27% increase in Bitcoin production, as opposed to the […] The post Riot spends just $8. дальше »

2023-8-10 11:36


Scammer Successfully Steals 20 Million USDT But Can’t Spend It, Here’s Why

The crypto industry is constantly subject to sporadic reports of crypto thefts and scams and the most recent one was a hacker who managed to steal $20 million in Tether’s USDT stablecoin.  How The Scammer Stole $20 Million In USDT The eye-popping heist was the result of a perfectly executed zero-transfer phishing attack. To carry […] дальше »

2023-8-3 00:00


FTT Token Surges 17% After FTX Confirms Rumors Of Relaunch

Bankrupt crypto exchange FTX has submitted a proposal that may result in the relaunch of its international arm FTX. com. On August 1, the company’s bankruptcy administrators confirmed rumors of a relaunch by filing a draft plan of reorganization in which it proposes the kick-off of a “rebooted” offshore exchange exclusive to non-US users only. дальше »

2023-8-1 15:08


Fundstrat Predicts Bitcoin Will Reach $180,000 In 2024, But What’s The Catalyst?

Bitcoin has been on the lips of many crypto investors and news outlets for the past few months as major investment companies like BlackRock look to bring on Spot Bitcoin ETFs. The world’s largest digital currency has also seen an increase in price in the past few months as a result of this, ranging around $30,000 for almost a month. дальше »

2023-7-25 23:00


UK Regulatory Authority Declares Crypto Memes as Financial Advertisements

Proposed Regulations by UK Watchdog: Crypto Memes Could Lead to Criminal Charges and Disclaimers for Firms and Influencers The Financial Conduct Authority (FCA) in the United Kingdom has put forth a proposal that could potentially result in imprisonment for up to two years for individuals found in violation of financial promotion rules concerning crypto memes. дальше »

2023-7-19 14:11


Grayscale Bitcoin Trust’s Premium Falls To 28% As Tug-Of-War With SEC Continues

The Grayscale Bitcoin Trust (GBTC) has been on an uncertain journey over the last year as crypto headwinds have fluctuated. This was a result of the uncertainty triggered by the Genesis Trading bankruptcy, a company under the same Digital Currency Group (DCG) umbrella, of which the GBTC is a part. However, the trust has done […] дальше »

2023-7-12 02:30


Legal Intervention: Bored Ape Thefts On Counterfeit OpenSea Site Result In Charges

Amid the current uncertainty in the crypto and NFT market, a Morrocan man who created a forged version of the OpenSea digital marketplace has fallen into the hands of the US prosecutors. Earlier today, the authorities filed charges against Soufiane Oulahyane for allegedly embezzling over $400,000 worth of cryptocurrency and nonfungible tokens (NFTs), including two Bored […] дальше »

2023-7-12 20:30


Crypto Company Funding Takes A Hit: VC Investments Drop 70% in One Year – Report

Crypto sector investments are facing increasing hesitation from venture capitalists due to a combination of ongoing controversies, market volatility, and uncertain regulatory conditions. As a result of these challenges, funding has decreased as investors exercise prudence and look for more secure investment options elsewhere. дальше »

2023-7-4 16:20