To start mining Bitcoin at home, one needs to obtain a Bitcoin wallet and a mining rig, install the Bitcoin mining software, and join a mining pool.
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SBF allegedly used FTX money to invest $400M in obscure VC firm
SBF’s Modulo investment was likely made using misappropriated money that FTX deposits by customers, U.S. prosecutors alleged.
Bitcoin hash rate taps new milestone with miner hodling at 1-year low
Bitcoin miners' BTC reserves are at their lowest since December 2021, data shows, despite a dramatic hash rate renaissance.
Bitcoin hash rate taps new milestone with miner hodling at 1-year low
Bitcoin (BTC) is seeing new records in network activity as volatility sends BTC price action to fresh five-month highs.
Data from resources including MiningPoolStats confirms that Bitcoin’s hash rate hit new all-time highs on Jan. 26.
Hash rate passes 300 EH/s threshold
In another example of Bitcoin’s blitz recovery from the pits of post-FTX woes, network hashing power is now bigger than ever.
Hash rate, which is an expression of the processing power dedicated to the network by miners, is currently at 321 exahashes-per-second (EH/s), according to MiningPoolStats raw data.
Bitcoin hash rate raw data chart (screenshot). Source: MiningPoolStatsDespite being only an estimate and impossible to measure entirely accurately, the latest readings are quite the feat, having never crossed the 300 EH/s level before.
Breaking: Coinbase fined in the Netherlands for $3.6M
U.S.-based crypto exchange Coinbase is fined by the Dutch central bank for 3.3 million euros ($3.6 million) for the lack of registration.
'Blockchain Bandit' reawakens: $90M in stolen crypto seen shifting
The hacker accumulated as much as $90 million worth of crypto during a six-year thieving spree.
Crypto industry leaders ‘scared of a strong SEC’ — Senator Warren
Senator Warren claims the Trump Administration “gave a green light” to allow for a cryptocurrency market full of junk tokens, rug pulls and ponzi schemes.
Crypto industry leaders ‘scared of a strong SEC’ — Senator Warren
Senator Warren claims the Trump Administration “gave a green light” to allow for a cryptocurrency market full of junk tokens, rug pulls and ponzi schemes.
FTX lawyers: Examiner could cost $100M and ‘provide no benefit’
FTX lawyers, joint provisional liquidators of FTX.US and the Bahamas and a committee of creditors have all opposed the appointment of an independent examiner.
Moonbirds creator Kevin Rose loses $1.1M+ in NFTs after 1 wrong move
Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds, has fallen victim to a phishing scam leading to more than $1.1 million worth of his personal NFTs stolen.
The NFT creator and PROOF co-founder shared the news with his 1.6 million Twitter followers on Jan. 25 asking them to avoid buying any Squiggles NFTs until they manage to get them flagged as stolen.
“Thank you for all the kind, supportive words. Full debrief coming,” he then shared in a separate tweet about two hours later.
It is understood that Rose’s NFTs were drained after signing a malicious signature that transferred a significant proportion of his NFT assets to the exploiter.
An independent analysis from Arkham found that the exploiter extracted at least one Autoglyph (345 ETH), 25 Art Blocks — also known as Chromie Squiggle — (332.5 ETH) and nine OnChainMonkey items (7.2 ETH).
Moonbirds creator Kevin Rose loses $1.1M+ in NFTs after 1 wrong move
Among the nonfungible tokens (NFTs) stolen from the PROOF co-founder were 25 Chromie Squiggles and one Autoglyph NFT.
Circle denies blaming SEC for shuttered $9B plan to go public
A Jan. 25 report from the Financial Times which was widely shared characterized Circle as having "blamed" the SEC for its "jettisoned" public listing plan.
Crypto lawyers to be in demand as regulatory pressure reaches boiling point
Commercial lawyers with a solid knowledge of blockchain and crypto tech will be in particularly high demand.
Crypto lawyers to be in demand as regulatory pressure reaches boiling point
Commercial lawyers with a solid knowledge of blockchain and crypto tech will be in particularly high demand.
Elon Musk's Tesla held onto its Bitcoin in Q4 despite market turbulence
The EV maker continued to hold its estimated 9,720 Bitcoin, only losing $34 million on its investment due to price declines towards the end of 2022.
White House science office calls for comments on its digital asset research agenda
The office's request for information is the latest piece in the massive research agenda in President Biden’s executive order on digital asset development.
Ireland's Central Bank Governor calls for ban on crypto ads targeting young adults: Report
Gabriel Makhlouf reportedly said there was an “uncomfortable” level of crypto advertisements targeting young adults.
Price analysis 1/25: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Bitcoin (BTC) has been consolidating near $23,000 for the past few days. The next big question troubling investors is whether the rally is over or if Bitcoin resume its recovery.
The strong year-to-date rally in Bitcoin has turned several analysts bullish in the short term. They anticipate Bitcoin to extend its up-move and reach $25,000 and even $30,000.
However, for the slightly longer term, analysts seem to be divided. In comments to Cointelegraph, economist Lyn Alden said Bitcoin could face “considerable danger” in the second half of 2023 as liquidity risks rise.
Daily cryptocurrency market performance. Source: Coin360On the other hand, ARK Invest CEO and chief investment officer Cathie Wood said in a company video blog on Jan. 23 that crypto assets could witness a huge turnaround in 2023 as the Fed pivots due to falling inflation.
What are the critical support and resistance levels to watch out for? Let’s study the charts of the top-10 cryptocurrencies to find out.
Price analysis 1/25: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Bitcoin and the wider crypto market began to correct after the bullish momentum that drove last week’s rally to year-to-date highs started to fizzle out.
South Korean prosecutors request arrest warrant for Bithumb owner: Report
One of the country’s largest crypto exchanges has fallen under investigators’ scrutiny over allegations of embezzlement by company executives.