Category: Cryptocurrency

A New Bitcoin World

Bitcoin’s Hashrate Reaches 618 EH/s, Establishing a New 7-Day SMA Record in 2024

Bitcoin’s computing power has reached a new peak, ascending to 618 exahash per second (EH/s) as shown by the seven-day simple moving average. Currently, 56 entities are contributing at least 916.26 megahash per second (MH/s) to the network, with…

March 11, 2024 0

Blockchain Basics Act Introduced in Ohio, South Carolina, and Mississippi

The Blockchain Basics Act, a series of regulations aimed at safeguarding people’s cryptocurrency rights at a state level, has been introduced in three more U.S. states: Ohio, South Carolina, and Mississippi. With this move, similar cryptocurrency…

February 19, 2024 0

Bitcoin Miner Marathon Acquires 2 High-Capacity Mining Facilities for $178.6M

On Tuesday, Marathon Digital Holdings, a leading bitcoin mining company listed on public markets, revealed its acquisition of two fully operational bitcoin mining facilities, representing a combined capacity of 390 megawatts (MW). For these facilities, Marathon invested a total of $178.6 million in cash, averaging $458,000 per MW. Marathon Boosts Mining Capacity Ahead of Bitcoin […]

December 20, 2023 0

Bulgaria’s Oldest Soccer Club Botev Plovdiv Adds Bitcoin as a Payment Option

Bulgaria's Oldest Soccer Club Botev Plovdiv Adds Bitcoin as a Payment OptionPFC Botev Plovdiv, Bulgaria’s oldest soccer team, recently said it now accepts bitcoin payments at fan shops and catering points during matches. Fans who make payments using the top cryptocurrency anytime in the month of November are eligible for a 10% discount.
Fans to Buy Tickets With BTC
Bulgaria’s oldest soccer team, PFC […]

November 3, 2023 0

Hackers Steal $4.4 Million From 25 Users of Lastpass Password Management App

Hackers Steal $4.4 Million From 25 Users of Lastpass Password Management AppDigital assets worth approximately $4.4 million were reportedly stolen from more than 80 addresses belonging to 25 users of the password management app Lastpass. Crypto theft investigator Zachxbt has urged crypto asset holders using the password manager to consider removing their keys and passphrases from the app. More Than 80 Addresses Compromised According to the […]

October 29, 2023 0

Binance US Suspends Withdrawals in US Dollars

Binance US Suspends Withdrawals in US DollarsCrypto exchange Binance US has suspended withdrawals in U.S. dollars. Users who want to withdraw their USD funds must first convert them into stablecoins or other cryptocurrencies, which can then be withdrawn. Binance US Updates Dollar Withdrawal Policy Binance US, the U.S.-based cryptocurrency exchange affiliated with Binance, updated its terms of use on Tuesday. The […]

October 19, 2023 0

Russian Crypto Exchange Moves Money for Gaza Groups, Report

Russian Crypto Exchange Moves Money for Gaza Groups, ReportPalestinian militant organizations, including a Hamas-linked Islamist group, have been using a Moscow-based crypto exchange to transfer millions, a press report revealed. The U.S.-sanctioned platform, which allows customers to convert Russian cash to crypto and then withdraw fiat abroad, has been also serving criminal gangs and rich Russians, sources claim. Russian Exchange Allegedly Transfers Millions […]

October 16, 2023 0

Ferrari Starts Accepting Crypto Payments for Luxury Sports Cars

Ferrari Starts Accepting Crypto for Luxury Sports CarsFerrari has reportedly begun accepting payment in cryptocurrency. The Italian luxury sports car manufacturer cited requests from both the market and dealers as the primary motivation for this decision. “This will help us connect to people who are not necessarily our clients but might afford a Ferrari,” said an executive of the company.
Ferrari Begins […]

October 15, 2023 0

The Many Facts That Indicate Bitcoin’s Creator Satoshi Nakamoto Was More Than One Person

The Many Facts That Indicate Bitcoin's Creator Satoshi Nakamoto Was More Than One PersonEver since the genesis of Bitcoin, the identity of its creator, Satoshi Nakamoto, has remained shrouded in profound intrigue, evolving into one of the most captivating enigmas of all time. While numerous speculators picture a solitary genius behind its inception, it’s plausible that this anonymous architect may actually be a collective entity. Allow us to […]

July 16, 2023 0

Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa

After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto assets, precious metals, and exchange-traded funds worth more than $82 trillion in value, […]

March 15, 2023 0