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Long-Dormant ‘Sleeping Bitcoins’ Worth $35 Million Spring to Life on January’s Final Day
1.2.2024
On Jan. 31, 2024, a notable movement of so-called ‘sleeping bitcoins’ occurred, involving wallets from 2013 and 2016 which collectively transferred 845.06 bitcoins valued at approximately $35.96 million. Originating from a handful of distinct addresses, 726 bitcoins were likely...
US Gets Serious About Tracking Crypto Mining Electricity Usage
1.2.2024
A US government agency responsible for managing energy-related data is going after crypto-mining companies over their power consumption. The Energy Information Administration (EIA) said on Wednesday that it will collect electricity consumption data from identified US-based crypto mining companies...
UK Police Seized $1.77 Billion in Bitcoin from Chinese Investment Fraud + More Crypto News
1.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news selection: UK Police Seized £1.4BN of Bitcoin from Chinese Investment Fraud Industry Leaders Band Together to Launch the Digital Assets...
First Mover Americas: Bitcoin Regains $42K Following Wednesday's Dip
1.2.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Protocol Village: Prediction Market Zeitgeist Launches DLMSR-Based AMM
1.2.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 1-7
South Korean Prosecutor in Court for Passing Information to a Virtual Asset Investment Fraudster
1.2.2024
On Jan. 30, a South Korean court continued with the trial of a prosecutor who is accused of passing sensitive information on the progress of an investigation to an alleged virtual asset investment fraudster. According to the Gwangju District Prosecutor’s Office, the acts by the prosecutor...
Traders bullish on Bitcoin Minetrix’s potential to surpass Ethereum price gains in 2024
1.2.2024
Ethereum has been making remarkable price gains since Q3 2023 and continues to do so in the new crypto market year. As this crypto giant edges closer to the $2,500 mark, traders are confident that the market has entered the bullish phase. While Ethereum continues its bullish momentum, its potential...
Kadena’s hashrate reaches ATH despite a fall in Bitcoin
1.2.2024
Kadena has announced that it has achieved an important milestone as hashrate touches an ATH of 666.88 PH/s, that is, Petahashes per second. This has been termed incredible considering there is a decline in Bitcoin. It is also incredible since the lowest it has ever been was 63.19 PH/s. The...
Bybit Provides NFT Ticket Marketplace for Robbie Williams’ Virtual Concert + More Top NFT News
1.2.2024
The non-fungible token (NFT) market has seen a good start to the month, with green numbers topping the NFT news cycle. The sales volume is up nearly 11% to $34,925,836. Buyers and sellers are up 1%, and transactions have increased 14%. When it comes to specific collections, among the top 10...
KIP Protocol Closes Strategic Funding Round Led by Animoca Ventures
1.2.2024
PRESS RELEASE. Hong Kong, 1 February 2024 – KIP Protocol, the Web3 base layer for artificial intelligence (AI), has successfully closed its strategic funding round led by Animoca Ventures. KIP Protocol builds secure and gas-efficient Web3 infrastructure that makes it possible for AI creators...
Fintech Provider Portal Raises $34 Million in Seed Funding
1.2.2024
Portal, the provider of a decentralized Bitcoin ecosystem, announced on Jan. 30 that it has raised $34 million via a seed funding round. Portal said the raised capital is set to fund the development of a decentralized exchange platform and a wallet. Layer 2 Atomic Swap Technology Portal, a fintech...
Doom’s Unconventional Journey: Now on Bitcoin, Dogecoin, and Gut Bacteria
1.2.2024
The iconic first-person shooter game Doom has surpassed traditional platforms and made it onto blockchain networks like Bitcoin and Dogecoin. Using protocols like Ordinals, enthusiasts have inscribed simplified versions of Doom on the Bitcoin (BTC) network. Ordinals refer to a relatively recent...
Ark Invest Breaks Down What it Would Take for Bitcoin to Hit $2.3M
1.2.2024
Investment firm Ark Invest published its latest Big Ideas report on Wednesday, outlining a pathway for Bitcoin to hit $2.3m. Ark’s Brett Winton wrote that for the best returns over 5 years, keeping 0.5% of one’s investments in Bitcoin would have been ideal. On average, allocating about 4.8%...
USDC to Go Native on Celo Blockchain, Eyeing Role as Gas Currency
1.2.2024
The Celo Foundation has partnered with Circle to bring USDC, a leading stablecoin, into its network. This integration not only diversifies Celo’s stablecoin offerings but also positions USDC to become an official gas currency on the blockchain. Celo Embraces USDC for Enhanced Digital Currency...
Jak funguje Bitcoin? Nový podcast vysvětluje vše kolem něj i laikům
1.2.2024
Bitcoin je zatracovaný jako nebezpečný volatilní výstřelek s nejistou budoucností, ale i obdivovaný pro pohádkové zhodnocení, které v minulosti svým držitelům přinesl, když byli „ve správný čas na správném místě“ (rozuměj: když před lety pořídili bitcoiny za zlomek jeho současné ceny)
Core Scientific Becomes North America’s Largest Listed Bitcoin Producer, Generating 19,274 BTC in 2023
1.2.2024
Core Scientific has cemented its position as the largest listed Bitcoin (BTC) producer in North America, generating an impressive 19,274 BTC in 2023. In a recent post on X (formerly Twitter), the crypto miner said 13,762 BTC were mined by the company itself in its state-of-the-art data centers...
Germany Banking Giant DZ to Pilot Crypto Trading This Year: Bloomberg
1.2.2024
The bank released a cryptocurrency custody platform in November
Singapore Authorities Raise Concerns Around Crypto Draining Kits
1.2.2024
Singapore police authority and the Cyber Security Agency of Singapore have raised concerns around cryptocurrency draining kits. In a joint statement, the authorities warned that cybercriminals are increasingly leveraging cryptocurrency drainers and targeting owners of digital wallets. (1/2) As...
Why is Bitcoin soaring these days? Expert’s outlook for 2024!
1.2.2024
Over the past couple of months, Bitcoin has picked up a tremendous pace in the market. In October 2023, the crypto surged from 27,967 dollars to 35,000 dollars. This trend was the first stable uptick BTC encountered after May 2022. The crypto continued this surge for a while, primarily because...
Russia Open to the Use of Crypto in Foreign Trade Says Central Bank Governor
1.2.2024
The Russian Central Bank is discussing the possible use of central bank digital currencies as a payment method in foreign trade, according to Elvira Nabiullina, the bank’s governor. Nabiullina stated that while Russia is opposed to the use of crypto payments in domestic transactions, the country...