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canaasn shares lows

Shares of mining giant Canaan hit historic lows


Shares of the mining giant Canaan on the Nasdaq exchange have updated their historical low, closing below $2 on Monday, June 15th. This is evidenced by Yahoo Finance. On this day, the stock fell to $1.98, losing 3.9% during the trading session. Thus, since November last year, Canaan quotes fell 78%...

Bitcoin wallets record

Number of wallets with 0.1 BTC broke the 2nd record in a day


On June 15, the number of addresses with a balance of at least 0.1 bitcoin exceeded 3 057 754 units. The previous record, 3 057 647, is also recorded today. 📈 #Bitcoin $BTC Number of Addresses Holding 0.1+ coins just reached an ATH of 3,057,754.000Previous ATH of 3,057,647.000 was observed on 15...

Bitcoin hash rate

Bitcoin hash rate has recovered to levels preceding halving


BTC hash has almost recovered to levels that preceded halving. It was reported by the analytical company CoinMetrics. After the halving on May 11, about 30% of miners disconnected from the network, and the income of the remaining miners fell by 50%. Despite this, the CoinMetrics CMBI Bitcoin hash...

Tudor Jones investment in BTC

Fujimaki explains interest of billionaire Tudor Jones in BTC


The former adviser of George Soros said he was "not surprised" by the investments of trader and billionaire Paul Tudor Jones in BTC, given the current monetary policy of central banks, reports Cointelegraph. Takeshi Fujimaki had close contact with Tudor Jones when he was engaged in...

MtGox Craig Wright

Craig Wright BTC address is associated with hacking of MtGox


One of the BTC addresses, indicated by Craig Wright's lawyers as belonging to him, contains about 80 thousand BTC (~$756 million) stolen from MtGox in 2011. This was stated by the former CEO of the exchange Mark Karpeles. The 1Feex address contains ~80k BTC stolen from MtGox in March 2011. Craig...

Ukraine crypto law

The bill "On virtual assets" is introduced in Ukraine


On June 11, the Verkhovna Rada of Ukraine registered the draft law "On Virtual Assets", which introduces cryptocurrencies in a regulated plane and obliges exchanges to register with the Ministry of Digital Transformation. The final version of the document has undergone changes. In...

QuadrigaCX fraud

Regulator: QuadrigaCX went bankrupt due to founder's fraud


The bankruptcy and subsequent closure of the QuadrigaCX cryptocurrency exchange were caused by fraudulent actions by its founder Gerald Cotten. This is evidenced by the results of the investigation of the Ontario Securities Commission (OSC). The regulator studied data on 368,000 accounts and the...

Ethereum accounts

The number of Ethereum addresses exceeded 100 million


According to Etherscan, the number of addresses of the second cryptocurrency reached 100 million. The figure, ten times the number of Internet users in 1995, indicates the promising prospects of the DeFi sector, said Defiant project founder Camila Russo. Ethereum has 100M addresses 5 yrs after its...

Belarus bank token

Bank of Belarus offers banks an experiment to issue tokens


The financial regulator of Belarus plans to attract banks to create and implement transactions with tokens. It is reported by Sputnik Belarus. According to the draft decree, financial institutions will be able to issue utility tokens and conduct their initial proposals to attract financing in...

Russia bitcoin law

Russia: Ministry of ED criticized the bill banning bitcoin


The Ministry of Economic Development of Russia sent a letter to the State Duma criticizing a new package of bills regulating digital currencies and assets. According to Kommersant, the ministry believes that a complete ban on the issuance and circulation of cryptocurrencies, as well as the...

Bitcoin report

Report: Bitcoin's on-chain activity increased in May by 21%


The average daily value transferred through the Bitcoin blockchain increased in May from $1.75 billion to $2.25 billion. Ethereum's corresponding figure rose from $1.49 billion to $1.66 billion. This is reported by The Block. The graph below shows that the daily moving value almost reached the...

Winklevoss brothers film

Greg Silverman will shoot a film about Winklevoss brothers


Ex-president of Warner Bros. Entertainment Greg Silverman will make a film about the Winklevoss brothers based on Ben Mezrich’s Bitcoin Billionaires. It is reported by Deadline. The film tells about the twins' path to the top of the cryptocurrency industry from its early stages. In an interview...

Crypto ransomware

Report: crypto ransom amounts increased by 300% since 2018


Over the past two years, crypto-ransomware hackers have increased the average ransom amount by 200%. This is stated in the report of the company Crypsis Group. In 2019, the average buyback amounted to $115,123. The median amount increased by 300% from the first quarter of 2018 and reached $21,700....

Brave referral links

Brave browser has built-in referral links to crypto websites


The cryptocurrency-friendly browser Brave was at the center of a high-profile scandal after there were found embedded referral links leading to the sites of several bitcoin exchanges and wallets in it. The corresponding function in the source code of the browser was discovered by the host of the...

Bitcoin mining

Bitcoin mining time drops to 7 minutes amid rising hash rate


The activity of miners in the BTC network increased sharply after another recalculation of complexity. This is evidenced by three key indicators indicated by venture investor Alex Thorne. Over the past week, the bitcoin hash has increased by about 30%, reaching 126.5 EH/s. Thus, this indicator was...

Moscow voting blokcchain

Russia: voting on constitution will take place on blockchain


Moscow authorities have opened an entry to participate in online voting on constitutional amendments. The transparency of the vote will be ensured by the blockchain, the capital’s mayor’s website says. Voting will last from June 25 to 30. The message indicates that the blockchain will ensure...

miners sell Bitcoin

Miners are selling previously earned bitcoins to cover costs


Faced with a decline in income after the May halving, miners again began to sell more bitcoins than they currently earn. This is stated in a new report by Arcane Research. A metric proposed by analysts called Miner’s Rolling Inventory [MRI] tracks the difference between the number of coins that...

Revolut fires employees

Revolut employees told about wave of layoffs under pressure


More than 50 Revolut fintech startup employees have lost their jobs. The company invited them to either write a letter of resignation by agreement of the parties with the payment of a small compensation or to be dismissed for unsatisfactory work, reports Wired. Layoffs affected Revolut employees...

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