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Bitcoin History Part 24: Celebrating the First Halving in 2012


As the third Bitcoin halvening approaches, a handful of OGs will wistfully recall the first such event, which occurred in November 2012. Back then, following the completion of block 210,000, the mining reward halved from 50 to 25 BTC. To commemorate the milestone, early adopters threw parties...

Will Bitcoin Breach $10,000 this Week Again?


Amid the still growing fears of Coronavirus, strong and frequent price predictions of BTC are making rounds in the market considering the upcoming Bitcoin halving. Meanwhile, the coin itself is maintaining suspense as it is neither crossing $10,000 with a strong rally nor is it showing...

Will Bitcoin Breach $10,000 this Week Again?


Amid the still growing fears of Coronavirus, strong and frequent price predictions of BTC are making rounds in the market considering the upcoming Bitcoin halving. Meanwhile, the coin itself is maintaining suspense as it is neither crossing $10,000 with a strong rally nor is it showing...

Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring Announced


Banking giant HSBC has unveiled a major restructuring plan that includes 35,000 job cuts. The move came as the bank’s net profit plunged 53% last year. HSBC is also slashing $100 billion in assets and closing many branches. “This represents one of the deepest restructuring...

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...

$118 Million of Plustoken BTC on the Move Again – New Dump Incoming?


Plustoken’s stash of bitcoin is on the move again. The haul of ill-gotten gains, amassed during a long-running Ponzi scheme that accrued 187,000 BTC, has been sporadically liquidated, impacting the market price of bitcoin in the process. At 2:46 a.m. today, a known Plustoken address moved...

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