Bitcoin miner outflows surge as price hits new highs

The identity of the hacker or hackers behind an exploit which removed more than 100,000 Bitcoin from Bitfinex in 2016 had only been the subject of speculation until Aug. 3. 89 Total views 1 Total shares One half of the couple alleged to have laundered billions of dollars worth of cryptocurrency has reportedly admitted he…

The gradual scale would impose the highest taxes on the cheapest electricity sources. 65 Total views 2 Total shares Kazakhstan, one of the global leaders in crypto mining with a recent history of hostile measures against the industry, is taking a step toward a comprehensive fiscal framework for mining operators. On Thursday, May 25, a lower…

The blockchain forensics firm said cross-chain bridges provide an "unregulated alternative" to exchanges for transferring value between blockchains. 115 Total views 3 Total shares Cross-chain bridges have been the target of more than a few hacks this year, but new data from blockchain analytics provider Elliptic alleges one has been used to launder over half…

Outspoken crypto skeptic and gold peddler, Peter Schiff, is once again taking aim at the Bitcoin community on Twitter.Schiff predicts that the coming years will see gold ‘moon’ while Bitcoin (BTC) “crashes back to Earth.”‘Bitcoin bugs’ don’t understand moneyIn a tweet posted on April 11, Peter Schiff predicts a reversal in what he describes as…

The bear market in crypto hasn’t deterred venture capital firms from investing heavily in blockchain and Web3 projects. 466 Total views 44 Total shares Digital asset exchange Huobi Global has spun out a new investment arm focused on decentralized finance (DeFi) and Web3 projects, further highlighting venture capital interest in the blockchain economy. Dubbed Ivy Blocks,…

Large price jumps and 100x gains get a lot of attention from pundits and influencers in the cryptocurrency community because they offer the hope of overnight riches. In reality, these opportunities are few and far between. Not to mention, only a handful of traders actually manage to catch these waves and cash out in time…

Bitcoin’s (BTC) current bear market is one of the worst, according to a report by on-chain analytics firm Glassnode. This was the first time in history that the Mayer Multiple slipped below the previous cycle’s low. Bitcoin’s fall below $20,000 on June 18 also marked the biggest loss ever booked by investors in a single…

The government added that they are already working on regulating the crypto market and a proposed regulatory legislation was laid before parliament and debated last month. The United Kingdom government has rejected a proposal made by the U.K. Treasury Committee to regulate crypto retail trading in the same way it oversees gambling, stressing that it "firmly…

Bitcoin manages another attack on $31,000, while traders hope for further BTC price upside in the coming days. Bitcoin (BTC) challenged $31,000 again after the June 27 Wall Street open as traders hoped for upside continuation.BTC/USD 1-hour chart. Source: TradingView$31,000 returns amid Fidelity Bitcoin ETF rumorData from Cointelegraph Markets Pro and TradingView showed BTC price…