DeFi Bitcoin (BTC) News

Computing activity on the bitcoin network has begun to recover after falling last week. On Tuesday, August 11th, BTC hashrate exceeded 124.6 exahsh per second (EH/s), the highest since the end of July. The hash rate dropped to 119.8 EH/s last week. Despite small fluctuations, in general, throughout...

The average commission on the Bitcoin network has increased by 752%, according to blockchain reviewer bitinfocharts.com. On July 28, sending a bitcoin transaction cost $5.8. A month ago, this indicator was at $0.68. The maximum commission in the network of the first cryptocurrency was in December...

Formal Verification analysts in collaboration with Glassnode released a report on the on-chain state of the largest cryptocurrency in the second quarter. Researchers note the growing role of bitcoin as a means of payment. In recent years, both the number of transactions and their average cost have...

The famous Canadian astronaut and fan of blockchain technology Chris Hadfield became the owner of the first bitcoins in his life, symbolically receiving them from a space satellite located 35,000 km from Earth. The event was broadcast during the Asia Blockchain Summit 2020 held last week. The $100...

Prompt moves by cryptocurrency exchanges have allowed users to save at least $300,000 in the recent Twitter hack, Forbes reports. Trading platforms began taking action to counter cybercriminals minutes after the fake tweets appeared, while the first restrictive steps by the social network's...

Attackers who managed to gain access to the accounts of many celebrities on Twitter transferred the received funds to a separate address. Previously, it was used to send funds to Coinbase and BitPay and CoinPayments services. #TwitterHack @coinbase @BitPay Please check the following Bitco_in...

The energy consumption of BTC miners resumed growth after falling against the backdrop of a halving. This is evidenced by the Digiconomist service. Two weeks after halving, this indicator dropped by 24%, from 77.78 TW·h/year to 57.9 TW·h/year. At the moment, it is 61.44...

The second-largest crypto in terms of capitalization surpassed bitcoin in terms of the growth in the number of active addresses. Since the beginning of the year, their number has increased by 145%, while at BTC this indicator increased by 13%. According to the analytic company Messari, the number...

Bitcoin holders continue to withdraw their coins from cryptocurrency exchanges, the latest Glassnode platform data testifies to this. The trend for the outflow of BTC from trading floors has been dominating since March, that is, after the infamous Black Thursday, when bitcoin collapsed to an annual...

The price of bitcoin again closely correlates with the dynamics of the US stock market. Fears of a possible worsening of the situation with the coronavirus may pull stocks and, therefore, the crypto market. This is stated in the report of Arcane Research. Experts say the stock market has been...

Over the past week, Grayscale investment firm acquired 19,879 BTC ($183.3 million), bringing the total amount of bitcoins under management to almost 400,000 BTC ($3.69 billion). This was announced by well-known analyst Kevin Rooke. Unbelievable.Grayscale added 19,879 BTC to their Bitcoin Trust...

Pretending to be the creator of bitcoin, Craig Wright will appear in front of the judge in the framework of the process initiated by Ira Kleiman. This is stated in the court order. They decided to transfer the case to the jury after rejecting the plaintiff's application for punishing Wright for...

Over the past day, increased activity has been recorded in the BTC network. The whales conducted 10 transactions with a total volume of 29,986 BTC ($287.9 million), according to the analytic service Whale Alert. Three transactions in the amount of 13,049 BTC ($125.7 million) were sent from the...

Fraudsters posing as Elon Musk have engaged in a new trick that has already robbed at least $2 million of trusting BTC holders, The Block reports. The organizers of fake distributions of cryptocurrency began to use the so-called vanity addresses, which can contain words, names, or phrases....

The philosopher and author of the cult work “Black Swan” Nassim Taleb during a small skirmish on Twitter called the vast majority of bitcoin maximalists “total idiots”. 1) I explain in #SkinintheGame scale transformations: Bitcoin is a good idea but almost all bitcoiners are total idiots,...

WizSec team leader Kim Nilsson reiterated that the 80,000 BTC allegedly owned by Craig Wright were actually stolen from the Mt.Gox exchange in March 2011 and have not moved since then. In his new record, Nilsson once again recalls the events of 2011-2013, when significant amounts were stolen from...

The Ryde Singapore-based carpooling (ride sharing) application has announced the launch of its cryptocurrency wallet, which will allow bitcoin payments for its services. Carpooling (Riding) is the sharing of private cars through online travel search services. On June 17, Ryde announced that it was...

XRP became the second most popular crypto coin among Japanese investors, almost catching up with BTC. This is evidenced by a study of the local BitMax exchange. The trading platform polled 1,498 customers. The favorite cryptocurrency of 26% of respondents is Bitcoin, while Ripple was preferred by...