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Swiss Government Rejects $103 Million Bailout for Crypto Companies Battered by Coronavirus
26.5.2020
Switzerland’s government has rejected a 100 million franc ($103 million) bailout for local cryptocurrency companies battered by the coronavirus economy, local media reported. Zug finance director Heinz Taennler requested the special funding package in April. He planned to issue out loans...
Switzerland Denies $103 Million of COVID-19 Relief for Crypto Valley
25.5.2020
80% of Zug’s blockchain startups said they won’t make it through this year
Grayscale Accumulates 34% of New BTC as Weekly Investments Tag $30 Million
24.5.2020
Crypto fund manager Grayscale Investments is believed to have purchased one-third of new Bitcoin for three months
Got 10 BTC? You’re Now in the Top 0.5% of 30 Million Bitcoin Addresses
23.5.2020
There are now 30.4 million Bitcoin addresses with a balance, but those with even a whole coin form a tiny minority
Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware
23.5.2020
Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5.6 million for the first quarter of 2020, down from $9.5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent...
Craig Wright Submits List of Bitcoin Addresses to the Court – Roster Contains Spent Blocks
22.5.2020
On May 21, 2020, the infamous Craig Wright, the man who claims to be Satoshi Nakamoto, submitted a list of blocks and bitcoin addresses to the court that stem from the alleged Tulip Trust. However, armchair sleuths and blockchain analysis shows that a few blocks recorded in Wright’s recently...
Bitcoin Futures, Options, and Open Interest: Crypto Derivatives Break Records After the Halving
22.5.2020
Since the market rout on March 12, otherwise known as ‘Black Thursday,’ bitcoin futures and options contracts have seen significant demand. On May 14, CME Group saw the total number of outstanding derivatives contracts (open interest) touch a high of $142 million. Four days later,...
No Evidence ISIS Is Storing $300 Million in Bitcoin, Says Chainalysis
21.5.2020
Blockchain intelligence firm Chainalysis has dismissed claims ISIS is holding a $300 million bitcoin (BTC) war chest. In a “fact-checking” report, published on May 20, 2020, the U.S. company accused the media of sensationalizing allegations about BTC and other cryptocurrencies being...
What I Learned the First Time I Lost a Million Dollars
21.5.2020
It doesn't take long to learn how to trade, but it takes a lifetime to learn how to manage risk, says Jeff Dorman, CIO at Arca
Bitcoin Use on Darknet Markets Jumps 65% to Over $400 Million in First Quarter
21.5.2020
Bitcoin transactions on darknet markets jumped 65% in value during the first quarter to $411 million, according to research by a blockchain analytics firm. The amount of bitcoin sent from darknet entities to mixers also grew rapidly as exchanges with verification requirements became less popular...
Wild Satoshi Theories: The Curious Case of Bitcoin Block 3654 from 2009
21.5.2020
On Wednesday, 50 bitcoin mined on February 9, 2009, was moved from the original address to a new address. The movement of coins caused a great commotion throughout the cryptocurrency community, as some individuals assumed it may have been the mysterious Satoshi Nakamoto. However, skeptics believe...
Celo Foundation Launches Mainnet After Raising $40 Million
19.5.2020
The Celo Mainnet is now live, enabling users to transfer Celo Gold tokens they received in the foundation’s recent $10 million auction
Hackers Sell Data of 129 Million Russian Car Owners for Bitcoin
15.5.2020
A database of 129 million Russian car drivers is being exposed on the darknet for just 0.3 Bitcoin or about $2,900
Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In
14.5.2020
Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million...
Users Are Holding $220 Million More Bitcoin Since the Halving
14.5.2020
$220 million in Bitcoin has left exchanges since the halving. Do users not trust exchanges or simply see it as a store of value?
17,000 Quadrigacx Users Seek $307M from the Failed Canadian Crypto Exchange
13.5.2020
About 17,000 people have filed claims for refunds from the collapsed Canadian digital asset exchange Quadrigacx. Altogether, the claims, denominated in both cryptocurrency and fiat, amount to nearly $307 million. According to a document released Tuesday by Ernst & Young, the court-appointed...
Bitcoin Miner Riot Blockchain Racks Up $221 Million Deficit
13.5.2020
Despite increasing revenue, Riot Blockchain’s first-quarter financials reveal that the company has relied on equity and debt financing to fund its operations
Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility
13.5.2020
On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116...
Crypto.com Launches Plugin for One Million Ecommerce Merchants on Ecwid
11.5.2020
Crypto.com is integrating with ecommerce platform Ecwid, which now features a plugin supported by Crypto.com that lets customers pay with crypto on the platform
Crypto.com Launches Pay Checkout Plugin For Over 1 Million Ecwid Users
11.5.2020
Serving the community as a robust cryptocurrency firm, Crypto.com has broadcasted the news about its latest achievement stating the launch of its highly anticipated Crypto.com Pay Checkout Plugin. The plugin has been designed to cater to the requirements of the leading e-commerce platform, Ecwid...