CRYPTOCURRENCIES news

Crypto Scammers Steal $381 Million in 2020, While Twitter Hackers Direct Funds to Mixers

Study: Exchanges Accepted $1.3 Billion in Bitcoin Stemming from 'High-Risk Addresses'

Study: Exchanges Accepted $1.3 Billion in Bitcoin Stemming from ‘High-Risk Addresses’

A recently published report from the research and analysis firm Peckshield indicates that during the last two quarters of 2020, cryptocurrency exchanges accepted 147,000 BTC ($1.3 billion) from high-risk addresses. During the last few years, blockchain research and surveillance firms … read more.

Grayscale Crypto Investments Add Nearly $1 Billion in Q2 — Bitcoin Trust Posts Record Quarter

Grayscale Crypto Investments Add Nearly $1 Billion in Q2 — Bitcoin Trust Posts Record Quarter

Grayscale Investments has posted a record quarterly performance, having added almost $1 billion, which nearly doubled its previous quarterly high. 84% of the investments were from institutional investors. The cumulative investment across all of its crypto products has reached $2.6 … read more.

Bitcoin Investor Sues IRS for Unlawful Seizure of Financial Records at 3 Crypto Exchanges

Bitcoin Investor Sues IRS for Unlawful Seizure of Financial Records at 3 Crypto Exchanges

Bitcoin investor Jim Harper has sued the U.S. Internal Revenue Service (IRS), its commissioner, and a number of federal agents. He alleged that they unlawfully seized his private financial information from three cryptocurrency exchanges. Bitcoin Investor vs. IRS Bitcoin investor … read more.

Miner Hoards: Q2 Bitcoin Mining Supply Outflow Touches 12-Month Low

Miner Hoards: Q2 Bitcoin Mining Supply Outflow Touches 12-Month Low

Onchain data shows that bitcoin miners are hoarding despite the 50% loss in revenue that started on May 11, during the third reward halving. The seven-day average of bitcoin miners’ outflow volume and mining funds sent to exchanges remains significantly … read more.

Report Shows Bitcoin’s Covid-19 Recovery Stronger Than Other Markets With Zero Intervention

The response to the Covid-19 pandemic has been ruthless on the global economy and during the last six months, traditional stocks and commodities have felt extreme market volatility. Coinshares published a comprehensive report this week in regard to how bitcoin … read more.

Report Cuts China’s Bitcoin Mining Capacity to 50% of World Total, Raises US’ to 14%

A new report by crypto research company Bitooda claims that China accounts for only 50% of global Bitcoin mining capacity, and the U.S. 14%. The data is in sharp contrast with earlier findings from the University of Cambridge Centre for … read more.

Venezuela Bans Bitcoin Mining Operations in the Country's Public Housing Sector

Venezuela Bans Bitcoin Mining Operations in the Country’s Public Housing Sector

According to the Venezuelan Minister of Habitat and Housing, the government has banned mining operations in any low-income neighborhoods with subsidized housing. Ildemaro Villarroel told the public the restrictions are due to “high power consumption” in those areas. The United … read more.

Candian Regulator Accuses Coinsquare of Market Manipulation With 590K BTC Wash Trades

Canadian Regulator Accuses Coinsquare of Market Manipulation With Wash Trades Worth 590K BTC

The Ontario Securities Commission has started a proceeding against cryptocurrency exchange Coinsquare and its executives. The Canadian regulator has accused the company of market manipulation, with 840,000 wash trades worth approximately 590,000 bitcoins, representing 90% of the exchange’s reported trading … read more.

News.Bitcoin.com Lead Writer Jamie Redman Named One of the Best Crypto Bloggers

News.Bitcoin.com Lead Writer Jamie Redman Named One of the Best Crypto Bloggers

Lead Writer at News.Bitcoin.com, Jamie Redman has made Redeeem.com’s list of twelve influential go-to crypto bloggers. Redeeem says the list comprises names behind some of the most informative crypto news articles. In its citation, Redeeem says Jamie Redman, who is … read more.

$6M Worth of Tether on the Bitcoin Cash Chain Highlights the Benefits of SLP Tokens

$6M Worth of Tether on the Bitcoin Cash Chain Highlights the Benefits of SLP Tokens

During the first week of July, crypto supporters noticed that Tether issued 1,010 stablecoins via the Simple Ledger Protocol (SLP) framework on Bitcoin Cash. Now there’s a much larger amount of SLP-based tethers in circulation as the company has minted … read more.

Google, Facebook, Twitter Face Class-Action Lawsuit for Banning Crypto Ads

Google, Facebook, Twitter Face Class-Action Lawsuit for Banning Crypto Ads

Cryptocurrency businesses are taking Google, Facebook, and Twitter to court in a class-action lawsuit that could cost the social media giants $300 billion. The plaintiffs say that their businesses have been hurt by Google, Facebook, and Twitter banning crypto ads … read more.

Bitcoin Security 101: How to Create a 2 of 2 Multi-Signature BCH Wallet

Bitcoin Security 101: How to Create a 2 of 2 Multi-Signature BCH Wallet

In the world of cryptocurrencies, there’s a lot of discussions and lessons when it comes to digital asset security and one of them is multisig wallets. The term multisig stands for multi-signature and the following post will teach anyone how … read more.

Crypto Social Network 'Minds' Sees Users Flock From Twitter and Facebook Over Privacy Concerns

Crypto Social Network ‘Minds’ Sees Users Flock From Twitter and Facebook Over Privacy Concerns

Crypto social media platform Minds has been garnering users who are concerned about their privacy, according to the company’s CEO. The open-source platform, seen as an alternative to Facebook or Twitter, awards users with cryptocurrency for engagement. Crypto Social Network … read more.