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BaseHarryPotterObamaSonic10Inu (BITCOIN) News



MtGox Craig Wright

Craig Wright BTC address is associated with hacking of MtGox

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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...

Forbes

Steve Forbes has criticized Bitcoin's sharp volatility

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Steve Forbes, editor-in-chief of Forbes, a reputable business publication, enters the cryptocurrency industry camp. However, the same businessman systematically points out the shortcomings of bitcoin that impede its more active implementation in the global market. In one of his recent interviews,...

Binance

Binance announces quarterly Bitcoin futures launch

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Binance announced the launch of quarterly BTC futures. Since 2019, Binance has been offering futuristic futures contracts with no expiration dates. Quarterly contracts expire on the last Friday of the corresponding three-month period. Like perpetual contracts, quarterly futures are offered with...

YouTube

YouTube scammers cheated users and gained about $150,000

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Several scammers hacked into legitimate YouTube accounts and modified the content to mimic the “SpaceX channel from Elon Mask.” The Channel broadcast archived footage with Mask to ask viewers to send bitcoins to the specified addresses. Also, there were at least 80,000 views of the fraudulent...

Russia bitcoin law

Russia: Ministry of ED criticized the bill banning bitcoin

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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%

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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...

Coinbase

Reason for Coinbase failures was a 5-fold rise in traffic

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Coinbase, the largest cryptocurrency exchange in the United States, said that its systems could not cope with a huge surge in traffic amid the rapid rise in bitcoin prices to $ 10,000 in early June. In a Coinbase blog post published on June 6, it said that the exchange experienced a 5-fold surge in...

Bitcoin mining

Bitcoin mining time drops to 7 minutes amid rising hash rate

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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...

miners sell Bitcoin

Miners are selling previously earned bitcoins to cover costs

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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...

Mining pool

Amount of computing power brought Binance pool to 11th line

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In April, the mining pool owned by the Binance team began work. The first block in the BTC network it got on April 24. That was announced by the head of the trading platform, Changpen Zhao. On the eve of Twitter, he posted a post in which he noted that Binance Pool took eighth place in the ranking...

India

A surge in bitcoin transactions was recorded in India

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Recently, the Supreme Court of India lifted the Reserve Bank’s ban on crypto services by local financial organizations. Internet users took the court decision as a relaxation of pressure on the industry and sharply increased investment in bitcoin. An inflow of capital was recorded by the Paxful...

Square Crypto grant Talaia

Square Crypto gave a new Lightning Network development grant

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Jack Dorsey's Square Crypto announced the allocation of another grant for the development of Bitcoin's Layer 2 network, Lightning Network's infrastructure. It was received by the Spanish developers' team Talaia, working on the service The Eye of Satoshi. The Eye of Satoshi is the so-called...

Bitcoin crypto exchange

Every sixth bitcoin is stored on crypto exchange wallets

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The balance of the largest exchanges has 3.1 million BTC ($29.3 billion), or about 16.5% of the market supply of the first cryptocurrency. It is reported by The Block. Since February 9, when this volume was 3.43 million BTC (or almost every fifth bitcoin), today the figure has decreased by 10%....

Yuan

FXCoin strategist: the fall of Yuan will lead traders to BTC

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In the expert environment, the number of supporters of such a point of view is growing that further depreciation of the Chinese currency will force traders to massively switch to bitcoin. Among such analysts, FXCoin strategist Yasuo Matsuda stands out. In his opinion, a surge in cryptocurrency...

Bitmain Antminer T19

Bitmain introduces Antminer T19 for Bitcoin mining

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Bitmain, a leading manufacturer of mining equipment, has launched the new Antminer T19 device. It is suitable for mining BTC and other crypto coins on the SHA256 algorithm. Key features of the model:...

Bitcoin commission halving

The average size of commissions in the Bitcoin network fell

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Almost three weeks after the halving, the commissions on the bitcoin network dropped to the indicators recorded immediately before this event. According to Bitinfocharts, on May 27, the average commission size fell to $2.40, although seven days earlier it exceeded $6.6. Over the past two days, this...

Vitalii Antonenko Bitcoin fraud

Man faces 20 years in jail for laundering $94 million in BTC

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Vitalii Antonenko, a New Yorker, faces 20 years in prison and a large fine for a number of crimes using bitcoin. This was reported on the website of the US Attorney's Office. Antonenko is accused of a series of cybercrimes with the aim of stealing information about bank cards. According to...

Laszlo Hanyecz pizza

Laszlo Hanyecz spent on pizza more Bitcoins than expected

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American developer Laszlo Hanyecz, who went down in the history of bitcoin as the person who made the first documented purchase using cryptocurrency, said he actually spent significantly more than 10,000 BTC on pizzas. On May 22, 2010, Hanyecz purchased two pizzas for 10,000 BTC. Traditionally, on...