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Only 3.5 Million Bitcoin Is Traded Worldwide; Majority of BTC Held Long-Term as Digital Gold, Says Chainalysis
21.6.2020
Only 3.5 million bitcoin or 19% of total circulating supply is actively traded throughout the world, while the rest is being held long-term by investors, according to a new report by crypto analytics company Chainalysis. Per the report, nearly 18.6 million bitcoin (BTC) has been mined as of June...
Community Donates 0.7 BTC to Phishing Victim Who Lost Entire Bitcoin Holdings
14.6.2020
Crypto community members have donated 0.7 BTC to the victim of a phishing scam who lost his entire Bitcoin savings
Redditors Hunt Lost Bitcoin Stash, Face Jail Time over Loans
10.6.2020
Crypto folks are having a mixed start to the month, with one man seemingly frustrated in his quest for over USD 5 million worth of missing bitcoin (BTC) – and another looking to stave off the bailiffs as creditors come in search of crypto loan repayments.
A Reddit user who claims he is on the hunt...
Former KFC Employee Built a Crypto Drug Empire, Lost It All Today
8.6.2020
The Leicester Crown Court confiscated over $2.29 million from an online drug kingpin who ran a darknet store from the attic of his home
Bitmain Unveils Cheaper T19 Bitcoin Miner to Regain Lost Market Share
2.6.2020
Bitmain on Monday released the Antminer T19, a cheaper bitcoin mining machine, in an effort to regain lost market share. The Beijing-based company said the Antminer T19 has computing power or hashrate of 84 terahash per second (TH/s) and power efficiency of 37.5 joules per terahash (J/TH)....
Bitcoin Hashrate Slides 33% Since Halving – Difficulty Drops, Issues in Sichuan China
22.5.2020
It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. With more than 33% of the hashrate lost, reports stemming from Sichuan China indicate that...
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
BlockFi: Hacker Sim-Swapped Employee’s Phone, No Funds Were Lost
19.5.2020
The hacker compromised an employee's phone and gained access to users' personal information, including their names and addresses, but BlockFi says no funds were affected
Economists Predict Worst Recession Ever for India Amid Lockdown Extension
19.5.2020
Economists have predicted that India will face its worst recession ever as the country announced another nationwide lockdown extension. India’s economy is forecasted to contract 45% in the second quarter following the Rs 20 lakh crore coronavirus relief stimulus package which some economists...
ETH Community Discuss DAO For Reversing Funds Lost to Wrong Addresses
17.5.2020
The Ethereum community on Reddit are discussing ways to prevent users from losing funds as a result of wallet address types
17,000 Creditors Hope to Recover Assets Lost to Defunct Exchange QuadrigaCX
13.5.2020
QuadrigaCX trustee Ernst & Young has received close to 17,000 proofs of claim from creditors, denominated in various fiat and cryptocurrencies
Lebanese Currency Collapse: Failed Policies Led to Economic Meltdown
4.5.2020
Lebanon is facing an unprecedented economic crisis and the local currency has already lost about 60% of its value. The central bank’s policies have come under fire while citizens are protesting how the government handles the economic meltdown which led to people’s living situation...
Community Fraud Site Tracks 8.5M XRP Lost to Giveaway Scams
24.4.2020
Scammers have taken XRP holders for nearly 8.5M tokens since 2019 using fake airdrops and YouTube giveaways, according to a community fraud prevention site
Bitcoin Lost $7K Support Right After 1000 BTC Huobi Deposit — Data
11.4.2020
Did Bitcoin lose $7,000 because of a single whale transaction? Data from Coin Metrics suggests so
Bitcoin Cash Lost 66% Of Its Hashrate, Bitcoin SV Miners Leaving Too
10.4.2020
Today, Bitcoin SV (BSV) halved its mining reward for the first time, cutting it to BSV 6.25 (USD 1,195) per block and prompting some miners to leave the network, while Bitcoin Cash (BCH), two days after its first halving, still can't stop its miners from leaving.
BSV saw its hashrate, or...
Bitcoin Miner Maker Canaan Lost $148 Million in 2019
9.4.2020
The Chinese bitcoin miner manufacturer has disclosed it made a net loss of $148.6 million for 2019 on a revenue of $204.3 million
Bitcoin Cash Miners Just Lost Half of Their Reward
8.4.2020
Source: Adobe/igor_kell
The fifth-largest cryptoasset by market capitalization and a Bitcoin (BTC) hard fork, Bitcoin Cash (BCH), just went through its first halving, seeing the mining reward cut by half, to BTC 6.25 (USD 1,672) per block, which reduces the supply of new coins entering...
Mt Gox Bitcoins: Trustee Plans to Distribute BTC and BCH, Liquidate Forks Into Cash
25.3.2020
On March 24, the Mt Gox creditors’ trustee from Tokyo, Nobuaki Kobayashi, disclosed a newly written rehabilitation plan for claimants looking to access some of the funds they lost in 2013. According to the new plan, Mt Gox claimants will get BTC and BCH assets alongside the possibility...
In US COVID-19 Stimulus Bill, Hope not Lost for Digital Dollar
24.3.2020
U.S. congress sees a new COVID-19 stimulus bill stripped of mention of the digital dollar, but at least one Senator is trying to bring it back
BTC Hashrate Follows Price Drop – 20% Lower Before Bitcoin Halving
16.3.2020
Four days ago, digital currency markets lost billions and prices sank to levels not seen since last March. The market bloodbath has affected bitcoin miners as they are making fewer profits than they were a week prior. By Monday, March 16, BTC’s hashrate slid below the 100 exahash (EH/s)...