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This Is How Much BTC You Need to Enter Bitcoin’s Elite 1% Club


Today there are 18,244,475 BTC in circulation and during the last few weeks, a number of bitcoin influencers have been talking about how much is needed to be included in Bitcoin’s top 1% of holders. For instance, according to Blockworks Group analyst Jake Levison, if you own 0.28...

$30M Bitcoin Cash ‘SIM Hack’ Sparks Wild Crypto Tales With Vague Sources


On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly saw the loss of $30 million in bitcoin cash. The story stemmed from a Reddit post that’s now deleted and so far no one has provided any verifiable proof from...

Ireland Seizes Bitcoin Stash Worth $56M But Can’t Sell for 7 Years


Ireland’s Criminal Assets Bureau (CAB) seized 6,000 BTC from a Dublin resident who was accused of growing cannabis on property located in the Wicklow Mountain region. The police found around €450,000 of marijuana plants but the €52 million ($56.1M) of BTC was the biggest...

FCoin Exchange Shuts Down; Users Likely to Incur Losses Worth $125 Million


Chinese crypto exchange FCoin announced on Monday that it is shutting down, citing “internal data errors & complicated decisions.” Launched in May 2018, FCoin has always been in the news, controversially most of the time. The blog post penned by founder and chief Zhang Jian; the company said...

Whale Rakes in USD 9 Million as Bitcoin Market Slides


Source: iStock/Marie-Elizabeth Mali After a highly volatile weekend in the bitcoin (BTC) market, news came out on Sunday that a large trader on the popular crypto exchange Bitfinex may have raked in USD 9 million in a matter of minutes as the BTC price dropped. Judging from a screenshot of...

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