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Bitcoin Whale Transfers $2.2 Billion Worth of BTC for Just $7


Whale alert reports that a so-called whale has transferred the equivalent of $2.24 billion in bitcoin for less than $7. In a series of tweets on Friday, the crypto tracking tool said the bitcoin (BTC) whale sent a total of 241,500 BTC in seven successive transactions within one hour. Each...

Hackers Move Another $800K in BTC Stolen From the 2016 Bitfinex Breach


Another $800,000 worth of bitcoin from the Bitfinex hack of four years ago has been moved to an unknown wallet. Whale Alert reports that hackers transferred 77.64 bitcoin (BTC) on Tuesday, which amounts to $797,000 at the time the alert was issued. The thieves last moved about $255,000 or 28.4...

Bitcoin Worth $282K from the 2016 Bitfinex Hack on the Move


The cryptocurrency community has noticed a number of bitcoins from the August 2, 2016, Bitfinex breach has been moved. A small 30 BTC transaction ($282,000) from the stash has moved from the hacker’s address to an unknown bitcoin address. The last time coins from the Bitfinex incident moved...

Bitcoin Network Sees a Massive Mining Pool Shift Following the Halving


Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively...

Into the Unknown: No Limit on Fed Money Injections


Drastic measures are being taken by the Federal Reserve as Wall Street reels from fresh predictions of a steep drop-off in economic output due to coronavirus-related lockdowns, business disruptions and job losses

Ethereum 2.0 Phase 0 'Certainly' Coming This Year, Deadline Unknown


Ethereum 2.0 developers are sure that the Phase 0 of the network’s upgrade will be launched this year. Ethereum's major network upgrade, Ethereum 2.0 (a.k.a. Serenity), should be rolled out in phases, the first of which is Phase 0. The upgrade will bring, among other things, sharding...

True Scope of Crypto-Ransomware Attacks Remains Unknown


The exact scope of the financial impact of ransomware attacks carried out using cryptocurrency remains unknown, a new study says. According to the 2020 Crypto Crime report published by Chainalysis, a leading blockchain and crypto analytics firm based out of New York, more than $6.6 million was paid...

Debate Ensues After 68% of BCH Hashrate Mined by Stealth Miners


2019 was known for the growing trend of stealth miners mining on the BTC and BCH network. On Dec. 30, data shows that 68% of the Bitcoin Cash network’s hashrate is being mined by mystery miners. As the year comes to an end, the large number of unknown BCH hashrate has attracted scrutiny. Also...

Asia’s Love Affair With Blockchain Is Blossoming


Far away from western eyes, Asian blockchain projects are thriving. A vibrant ecosystem of public and permissioned chains has sprung to life in Asia, aided by government and big business endorsement of distributed ledger technology (DLT). Many of these chains are virtually unknown outside of...

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