Bitcoin miner profits get squeezed as hash price drops to lowest since October 2023

The initial NFT drop will include award-winning photographs of subjects like space, climate, and war from AP photojournalists. 31 Total views 2 Total shares The Associated Press (AP) is launching a nonfungible token (NFT) marketplace where collectors will be able to purchase tokenized photographs from the global news platform.The initial collection of NFTs will include…

Almost 30,000 BTC leaves major exchanges in a single day as buyers copy miners in taking the BTC supply off the market. 1532 Total views 26 Total shares Bitcoin (BTC) investors are voting with their wallets as one-day outflows from major exchanges near 30,000 BTC. Data from on-chain analytics firm CryptoQuant shows that on Jan. 11,…

The latest legal action against Block.one (B1), the creator and original seller of EOS (EOS), could potentially help plaintiffs get higher compensation, according to EOS Network Foundation (ENF) founder and CEO Yves La Rose.On July 25, La Rose officially announced that ENF is preparing a lawsuit against Block.one for its failure to follow through on…

Yield Guild Games (YGG) has raised $1.45 million to support people affected by December 16's Typhoon Odette in the Philippines, with nearly $1 million already dispersed to people in need.The funding was used to purchase essential goods like medicines, power generators, and canned food, which were turned over to the Philippine Army and Navy and…

The Neo Foundation announced on March 25 that they have released the necessary funds to continue operating for the 2020 Fiscal Year (FY). A total of 1,660,865 NEO worth approximately $11 million was released, with 27,800,303 NEO ($190 million) still remaining.According to its blog post, the Neo whitepaper allows the Foundation to sell its stake…

Miners have now extracted 90 percent of privacy-focused cryptocurrency Monero (XMR) and will net the remainder by May 2022, data from monitoring resource Monero Blocks confirmed Dec. 20.Monero — whose developers place anonymity and untethered usage of coins as a priorities — will have an ultimate supply of 18.4 million XMR.So far, a total of…

Bitcoin price is surging in lockstep with gold as the precious metal hits a new historic high, suggesting investors are preparing for stock market turmoil. 400 Total views 3 Total shares The price of gold has broken through a new all-time high, surpassing the significant level of $2,100 during the Asian session on Monday, Dec.

The municipality of Zermatt, Switzerland — home to the iconic Matterhorn — is now the second location in Switzerland where taxpayers are officially allowed to pay their taxes in Bitcoin (BTC).In order to unlock the new tax payment option, the authorities of the Zermatt have partnered with Switzerland’s major crypto financial services company Bitcoin Suisse.Bitcoin…

Lloyds Bank is partnering with blockchain platform Komgo to streamline its commercial banking division.Blockchain to streamline international trade processOn Sept. 25, United Kingdom financial news outlet FStech reported that Lloyds Bank has partnered with the distributed ledger technology firm Komgo. Lloyds Bank, one of the “Big Four” clearing banks in the U.K., said that it…