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DDoS Attacks Slow as Botnet Operators Turn to Crypto Mining – Kaspersky


Source: Adobe/profit_image Cybercrooks are slowly turning their backs on crime because they are finding it is more profitable to mine crypto, according to research from Kaspersky Labs. Per Kommersant, the Russian software giant said that distributed denial-of-service (DDoS) attacks in the final...

BlackRock 'Dabbles' In Bitcoin, CBDC Card, Ethereum Futures + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investing news Rick Rieder, BlackRock's Chief Investment Officer of Global Fixed Income, told CNBC that the world’s largest asset manager started...

CFOs and Financial Advisors Have Different Concerns About Bitcoin


Recently surveyed finance executives are more worried about bitcoin (BTC)'s volatility, while US financial advisors are becoming less concerned about the wild swings in the market and now seem to be more preoccupied with regulations, when it comes to investing in this booming asset class. It...

MicroStrategy Ups Its New Mega Bitcoin Deal to Over USD 1B


MicroStrategy’s CEO Michael Saylor. Source: a screenshot, Youtube/Swan Signal - A Bitcoin Channel One of the most bullish non-crypto companies, US-based software developer MicroStrategy just increased its initial plan to once again borrow up to USD 690m and spend it on bitcoin (BTC) to over...

Microsoft CEO Claims No Plan To Follow In Tesla’s Bitcoin-buying Footsteps


Software giant Microsoft has no imminent plans to invest its corporate assets in bitcoin (BTC) despite the recent surge in similar investments, according to Brad Smith, the company’s president. “I haven’t heard any new conversation about bitcoin, but let me just say: if we change our investment...

Another Chinese Giant Enters Bitcoin and Ethereum Mining


Bitcoin mining rigs. Another Chinese non-crypto firm has moved into bitcoin (BTC) mining – with the shipping behemoth Sino Global set to snap up a controlling stake in computing company Nine-Chain Intelligent in a deal worth around USD 8.5m. Per a press release, Sino Global announced that it...

Listed German Cannabis Firm to Buy Bitcoin, Slates Euro and USD


Companies outside the United States look set to follow Tesla and others into bitcoin (BTC) buying, after the German listed cannabis company SynBiotic announced that it has “started to shift some of its free liquidity into bitcoin.” Although the German company did not disclose the size of...

Bitcoin Accelerates, Nears USD 51,000


The most popular cryptocurrency, bitcoin (BTC) hit USD 50,000 three times in less than 24 hours and on the third attempt it almost reached USD 51,000 before correcting lower. At the time of writing (07:53 UTC), BTC trades at USD 50,861, correcting from its new all-time high of USD 50,902,...

Bitcoin Revisits USD 50K While Ethereum and Altcoins Correct Gains


Bitcoin price popped above the USD 50,000 level today again before correcting lower. It is currently (05:00 UTC) consolidating gains above the USD 49,000 the support level and is showing positive signs. Conversely, most major altcoins are slowly gaining bearish momentum. ETH/USD is approaching...

Private Jet Booking Company Claims Its Sales Grows on Bitcoin Payments


Source: A screeshot, Instagram/privatefly UK-based private jet charter flight booking service PrivateFly has announced that bitcoin (BTC) payments accelerated this past January. Payments in BTC generated 19% of the company’s revenue last month, and 13% of the flights were paid in bitcoin. This...

New Bitcoin ETF Attempt, Diem's Move, Ripple vs. SEC + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto adoption news NYDIG, a Stone Ridge-run subsidiary firm that provides crypto services to institutional investors, aims to launch a Bitcoin...

Tech Overtakes Bitcoin in High-Risk Trade Ranking Again


As investors remain bullish on the economic outlook, a record-high share of US investors engages in risks they describe as “higher-than-normal”. As many as 25% of the respondents name “long tech”, followed by “long bitcoin” and “short US dollar” as the three most crowded high-risk trades, according...

Bitcoin Rallies From USD 20,000 to USD 50,000 In Two Months


Source: Adobe/Fox_Dsign On December 16, 2020, the most popular cryptocurrency, bitcoin (BTC), revisited the USD 20,000 level after a three years journey. Two months later, on February 16, 2021, BTC has entered the USD 50,000 zone for the first time in its history on signs of increasing...

Russian Parliamentary Committee OKs Crypto Tax Bill, but Flaws Remain


Russia has moved a step closer to imposing a system of crypto tax, after the country’s parliament, the State Duma, approved a much-maligned crypto tax bill in the first reading at the committee stage – although the story is unlikely to end there. As previously reported, the country’s first...

Lottery Giant 500.com Buys Bitcoin Miner BTC.com From Jihan Wu


Jihan Wu. Source: a video screenshot, Youtube, Bitcoin.com - Official Channel Listed Chinese online sports lottery service provider 500.com said it agreed to acquire the BTC.com Bitcoin (BTC) mining bussiness from Bitmain co-founder Jihan Wu. 500.com is buying the business in exchange for its newly...

Bitcoin Targets USD 50,000 Again, Ethereum, Altcoins Surge


Bitcoin price started a fresh increase after it broke the USD 48,000 resistance. BTC gained momentum and it surpassed the USD 49,400 resistance. It even traded to a new all-time high near USD 49,975 and it is currently (05:00 UTC) consolidating gains. Besides, most major altcoins are showing signs...

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