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Bitcoin Hashrate Drops Over 45%, Xinjiang Grid Blackouts Blamed, BTC Price Slides 10%
18.4.2021
Since April 15, the Bitcoin network hashrate has dropped more than 49% after touching an all-time high at 218 exahash per second. Regional reports noted that in China the Xinjiang grid is having blackouts and “safety inspections.” Reports Claim Blackouts in Xinjiang, China Have Pushed...
The perils of suing crypto exchanges after ransomware attacks
18.4.2021
As seen in the case of AA v. Bitfinex, targeting a crypto exchange over stolen funds is a high-risk, low-reward proposition
Silicon Valley ‘Super Angel’ Investor Ron Conway Says Crypto Economy Is the Next Multitrillion Dollar Opportunity
18.4.2021
Famed Silicon Valley “super angel” investor Ron Conway sees the crypto economy as the next multitrillion-dollar opportunity in innovation. The Silicon Valley legend likens Coinbase to Google after the company’s IPO via a direct listing on Nasdaq. Crypto Is the Next Multitrillion...
Canada Approves Three Ethereum ETFs, Ether Funds Set to Launch on TSX Next Week
17.4.2021
Canada has been approving crypto exchange-traded funds (ETF) more quickly than the United States and after three successful bitcoin ETFs, the country has approved three ethereum-based ETFs. The three ether ETFs in Canada will debut on Toronto’s stock exchange (TSX) on April 20, 2021. Three...
Coinbase insiders dump nearly $5 billion in COIN stock shortly after listing
17.4.2021
After an edict to remain "mission focused," Coinbase executives have succeeded in making themselves a fortune
After a remarkable run, social media sentiment sours on DOGE
17.4.2021
Americans carried the digital currency higher, but their enthusiasm may be waning
Wallstreetbets Reinstates Ban on Cryptocurrency Discussions, Citing Bloomberg Coverage
16.4.2021
The moderators of the famous Reddit forum Wallstreetbets, known for putting Gamestop (GME) stock prices on the map as a worldwide trending topic, lifted a ban on all discussions related to bitcoin, ethereum, and dogecoin. However, the decision has been reversed after a recently published Bloomberg...
Crypto Markets Lose Hot Air, DOGE and BCH Skyrocket, 46% Chance ETH Hits $2,600 by May
16.4.2021
Digital currency markets have seen some slight losses on Friday morning, as a great number of cryptocurrencies saw significant gains the day prior. Bitcoin dropped to a low of $60,042 during the early morning trading sessions shedding 3% during the last 24 hours. Crypto Markets Shed Some Value...
Bitcoin Hashrate Drops After China Coal Mine Explosion; Difficulty at ATH
16.4.2021
A coal mine explosion in Xinjiang, an autonomous region of China, may have led to a Bitcoin (BTC) hashrate drop at a time when Bitcoin mining difficulty went for a new all-time high.
Primitive Ventures co-founder Dovey Wan said that there was a coal mine explosion in northwest China's Xinjiang...
Bitmain's new Ether ASIC mining rig may not fix GPU shortage after all
16.4.2021
A new Ether ASIC mining rig is on the way, but will it help ease Nvidia's GPU problems?
Top Streamers Lose Millions Of Followers After Twitch Cracks Down On Viewbots
16.4.2021
It’s no secret that Twitch has a problem with viewbots, which are fake viewers that artificially inflate streamers’ numbers. They’ve been part of the ecosystem for years, both as a means of making streamers look more popular than they are and, more recently, a tool trolls use maliciously to try...
$420M in leveraged long traders liquidated after XRP rallies to $1.96
15.4.2021
XRP price dropped by 20% shortly after making a 2021 high at $1.96, but have the altcoin’s bullish fundamentals changed?
Bitcoin price drops to near $61K shortly after COIN lists on Nasdaq
14.4.2021
A volatility-filled listing for Coinbase’s COIN stock coincided with a 5% drop in the price of Bitcoin
Over $750 Million in Bitcoin from the 2016 Bitfinex Hack Moved Today
14.4.2021
On Wednesday, after bitcoin prices touched a new all-time high, thousands of bitcoins from the August 2, 2016, Bitfinex hack were transferred to unknown wallets. The exact count of BTC moved from the hack is not entirely clear, but one blockchain parser shows that over 12,208 BTC from the 2016...
Coinbase Aims At New Markets, Reg Hurdles After Nasdaq Debut
14.4.2021
Marc Andreessen, Emilie Choi, and Brian Armstrong. Source: A video screenshot, Youtube/Coinbase
Major crypto exchange Coinbase is already dominant in the US market, as it was valued at around USD 100bn on its first day of trading on Nasdaq. Now the company, which was co-founded by Brian Armstrong...
There Is No After
14.4.2021
Shortly before Christmas last year, I sent a message to Jeff Sharlet, a writer I don’t know, thanking him for memorializing the dead. It was a Sunday night, past 2 a.m., and though I can’t remember the specific thing keeping me awake I know its basic contours. Most every feeling I’ve had this year...
Kenyan Athlete and Olympic Champion Eliud Kipchoge Gets $40K in ETH After Auctioning NFTs of ‘Key Moments’
14.4.2021
Kenyan athlete and world record holder, Eliud Kipchoge recently auctioned off his first set of NFTs for a total of 17.9837 ethereum tokens. The auction, which was conducted on the NFT marketplace Opensea, includes some of the key moments in Kipchoge’s career. According to a report, one...
After Nonstop 31-Day Stream, Ludwig Breaks Ninja's All-Time Twitch Subscriber Record
13.4.2021
For 31 days, Ludwig Ahgren’s stream has been up and running all day every day. He hasn’t been awake the entire time, but he and his moderators have ensured that it’s grown to be one of Twitch’s most consistent and comforting presences—albeit one that is probably taking a not-insignificant mental...
XRP price soars to new highs after recent legal victories and relisting rumors
13.4.2021
XRP price rallied more than 30% as retail traders rotate into 'cheaper' altcoins and investor sentiment turned positive after Ripple's recent legal victories against the SEC
Venezuelan Guards Seize 76 Bitcoin Mining Rigs Due to ‘Inconsistencies’ in Transport Documents
13.4.2021
The Bolivarian National Guard of Venezuela (GNB) is known for having a tough stance against crypto mining rig counterfeits, as several operations have been assigned to combat the issues over the last few months. This time, the Venezuelan authorities seized 76 mining rigs after allegedly detecting...