Thai authorities raid illegal Bitcoin mine behind local power outages

The commodity strategist has pegged Bitcoin to rebound strongly from the bear market despite headwinds for high-risk assets. 654 Total views 38 Total shares Bloomberg analyst Mike McGlone has labeled Bitcoin (BTC) a “wild card” which is “ripe” to outperform once traditional stocks finally bottom out. In a Sept.7 post on Linkedin and Twitter, McGlone explained…

The price of Bitcoin (BTC) pulled back after achieving a new 2020 high at $12,486 on Coinbase. In the last 48 hours, BTC fell by around 5%, leading to larger losses in the altcoin market.There are three key reasons why Bitcoin rejected at the $12.4k level, namely major resistance, high funding rates, and an overheated…

Eurekahedge's index of crypto hedge funds have clocked 21.15% returns since the start of 2020 and this is the best performance from the firm since the index started in 2013. Even in 2017, which was the blockbuster year for cryptocurrencies, the January returns were a modest 4.85%. If the crypto hedge funds maintain their stellar…

A Supreme Court judge in British Columbia (BC), Canada, has denied a motion to set aside an asset freeze, which was requested by the defendants in a multimillion dollar cryptocurrency fraud case.The defendants had filed to set aside an interim preservation order that was issued by the British Columbia Civil Forfeiture Office in order to…

Ethereum co-founders Vitalik Buterin and Joseph Lubin reflect on the state of the network a decade after its creation.

Russian intelligence might have a lot to do with helping former Wirecard COO Jan Marsalek disappear into thin air. 1531 Total views 19 Total shares Jan Marsalek, the former chief operations officer of Wirecard who went missing after his supposed trip to the Philippines last month to chase the missing 2 billion Euro in the…

The Bitcoin bull-bear market indicator has turned green once more after Bitcoin's drop below $50,000 triggered its first bearish signal since January 2023.

A final-second bid saw a digital artwork NFT sell for $777,777 on Nifty Gateway. 1985 Total views 13 Total shares Non-fungible token marketplace Nifty Gateway hosted an auction that saw a single NFT artwork sell for $777,777 after a last-second bid doubled the price.On Dec. 14, Nifty tweeted that the “savage” bid of $777,777 had…

The Treasury will consider imposing KYC regulations on transactions involving self-custodied wallets. 107 Total views 2 Total shares As the Department of the Treasury has announced its regulatory agenda for the fiscal year earlier today, many in the web3 space have likely experienced flashbacks to December 2020, when the agency had first proposed to impose…