A bill on the inheritance of Internet property, including cryptocurrency, has recently been submitted to the Chinese government. Proponents of the adoption of such a document emphasize that the conditions for amending civil law on inheritance are already ripe. That was reported by local media,...
The launch of central bank digital currencies (CBDC) will increase the demand for bitcoin in the global market, analysts at Grayscale say. They note that central bank tokens are regulated instruments. They can be applied within certain boundaries and according to the rules approved by the...
On May 27, Goldman Sachs will hold a telephone conference on the prospects for the US economy and the impact of the current crisis on assets such as gold and bitcoin. The event will be hosted by Goldman’s Investment Strategy Group IT Director Sharmin Mossavar-Rahmani, Harvard University Economics...
The current state of the digital currency industry allows us to talk about the advent of "cryptocurrency." An important role in this is played by not even a significant increase in the price of bitcoin since the March market crash, but rather progress in the development of blockchain...
Bitcoin continues to be the most popular digital asset, outperforming its competitors in many respects, however, there are fewer addresses with positive balances in the first crypto network than in the Ethereum network. According to Glassnode, the number of active bitcoin addresses on a daily basis...
Square payment network said that bitcoins and promotions are now on the menu of Cash App users who would like to “minimize the impact of market fluctuations.” Square's Cash App now allows users to make automated Bitcoin purchases at regular intervals. The Cash App already has a Bitcoin wallet,...
The creator of the Harry Potter novel series, Joanne Rowling, who had previously tried to figure out what is bitcoin, said she was just trolling Bitcoin in the hope of boosting her significant Ethereum holdings.” But this tweet turned out to be a joke, too. So the writer responded to the...
Joanne Rowling, the author of the series of books about Harry Potter, asked for an explanation of one question "what is Bitcoin" because she could not understand anything. Elon Musk (head of SpaceX and Tesla), Vitalik Buterin (creator of Ethereum, the second most popular cryptocurrency),...
Attackers created a fake YouTube account of Google Founder Sergey Brin and promised 5000 BTC distribution on his behalf. At a certain moment, over 100 thousand people watched the live broadcast: in a small window they showed Brin's old performance, and against this background, they promoted a...
A resident of Australia was arrested on suspicion of laundering AUD $5 million ($3.2 million) through bitcoins. She led the illegal trading platform, exchanging cryptocurrency for fiat, reports The Australian. A 52-year-old woman was detained at a mall in New South Wales. With her, they found more...
Most of the Coinbase exchange users who buy bitcoin diversify their portfolio with altcoins. This is evidenced by a study conducted by the company. According to these data, 60% of new Coinbase users buy bitcoin as their first asset. 24% of investors continue to store or buy only BTC, while 36%...
The German online bank Bitwala has added support for deposits in bitcoins with an annual interest rate of up to 4.3%. Payments to customers are made weekly. The new feature came about through the partnership of Bitwala with the Celsius Network crypto-lending platform. As a result, the company...
A transaction worth 47,835 BTC was seen on the bitcoin network. It cost only $1.44. Bitcoin Block Bot noticed the transaction. The transfer was equal to $417 million. Bitcoins were received at the address taking 16th place in the total amount of funds. It is noteworthy that the commission for the...
Bitcoin hash rate decreased by about 16% after the third decrease in block reward. According to estimates, the daily income of miners fell by about 44% after halving - from $ 16.1 million to $ 9 million. Most old miners, such as Antminer S9, are now unprofitable. Miners of the new generation -...
From 2016 BTC trading volumes soared by 5000%, and market value increased by 1500%. According to Cryptowatch analysts, the average monthly trading volumes of bitcoin have increased 50 times over the past 4 years. In January 2016, this figure was $0.5 billion, and in April 2020 exceeded $27 billion....
The hacker group Lazarus has stepped up efforts to steal crypto coins against the backdrop of a pandemic, the Daily NK reports citing cybersecurity experts ESTsecurity. The main targets of cyber attacks are bitcoin traders and crypto companies around the world. Fraudsters send letters on behalf of...
The price of bitcoin fell sharply from $9,500 to $8,100 at 7 AM Central time on May 10, losing 14.6% in just 10 minutes. Since then, the price has recovered to $8800. As a result of a sudden drop, the volume of liquidations of positions on the BitMEX crypto derivatives exchange reached $226...
The average commission on the BTC network has grown by more than 300% in anticipation of halving. According to the Bitinfocharts portal, on May 8, the average transaction cost soared to $3.19. Compared to April 26, when on average the commission's cost was $0.62, the growth exceeded 300%. The last...