HectorDAO files for Chapter 15 bankruptcy in the US

Two miners have reportedly executed a 51% attack on the bitcoin cash (BCH) blockchain, according to tweets by Cryptoconomy Podcast host Guy Swann on May 24.A 51% attack occurs when someone controls the majority of mining power on a Proof-of-Work blockchain network. This means that the majority block verifier can prevent other users from mining…

BitMEX CEO Alexander Höptner said that paying close attention to what may happen and keeping services up is a must ahead of the Merge. 187 Total views 3 Total shares The Ethereum Merge is one of the most anticipated events in the crypto space this year. Because of this, crypto firms are on the lookout…

At a press conference held on Feb. 21, a representative for the National Bank of Ukraine released the results of its much-hyped central bank digital currency project called the e-hryvnia. However, the banking institution is still not certain of the impact this financial offering will have on the country’s overall financial stability as well as…

According to a new report, African nations have the highest rates of cryptocurrency adoption throughout the world. 1546 Total views 71 Total shares A new report published by Arcane Research shows that African countries have some of the highest cryptocurrency ownership rates worldwide. South Africa ranked third throughout the world with 13% of its internet users…

Arthur Hayes connects Federal Reserve actions to a short-lived economic boost with ripple effects on Bitcoin and broader crypto markets, underscoring risks from yen carry trade unwinds.

Bitcoin (BTC) fell to bearish target zones on Feb. 10 as bulls failed to hold important support above $22,000.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewCrypto wipeout mounts as BTC price loses $22,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $21,633 on Bitstamp.The pair reacted badly to regulatory fears from the United States…

Share prices of Marathon Digital stock dropped, as did those from major crypto mining firms including Riot Blockchain, Bitfarms, Bit Digital, and Hut 8. The U.S. Securities and Exchange Commission has ordered crypto mining firm Marathon Digital Holdings to produce documents and communications for one of its mining facilities in Montana.According to a Nov. 15…

Masayoshi Son found Bitcoin to be “distracting his own focus on his own business.” 573 Total views 1 Total shares While the ongoing cryptocurrency bull run is boosting crypto adoption, some billionaire investors still find Bitcoin (BTC) to be something of a distraction. Masayoshi Son, a billionaire technology entrepreneur and CEO of Japanese conglomerate SoftBank, claimed that…