Reports indicate that the Monero community is upset about a specific mining pool that currently commands 44% of the network’s hashrate. Supporters are asking mining participants to leave a mining pool called Minexmr as they believe the operation threatens decentralization. A Single Monero Mining Pool Commands 44% of the Network’s Hashrate, Monero Community Members Debate Issue, Pool Admin Addresses Concerns…
In brief Coinbase’s Super Bowl ad, which showed only a QR code on a black backdrop, drove over 20 million users to its site within one minute. The ad, produced by Accenture Interactive, won the Clio Awards’ “Super Clio” for best Super Bowl commercial. Super Bowl LVI yielded a diverse array of commercials, as it does every year, but one…
According to a new report published by blockchain analytics firm Chainalysis on Monday, approximately 74%, or over $400 million USD, of ransomware revenue last year were funneled into high-risk wallet addresses that are likely to have been based in Russia. The report analyzed ransomware hacks throughout 2021 and determined their affiliation to Russia through three key characteristics: Traces of Russia-based…
The waiting game continues for crypto traders after Bitcoin (BTC) is once again pinned below resistance at $43,000 and awaiting some spark in momentum that can sustain a rally back to the $50,000 range. Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin has traded in a range between $41,500 and $43,000 over the past couple…
Bitcoin fundraising for the Ottawa Freedom Truckers Convoy has met its goal of 21 bitcoin with more donations still flowing in. Now, over 22 bitcoin worth more than $932k has been raised from 5,511 donors. The fundraising committee is in the process of consolidating the bitcoin that has been raised and are focusing on how best to get the funds to the…
Last night, the Los Angeles Rams beat the Cincinnati Bengals to become Super Bowl LVI Champions. Off the field, many crypto companies—Coinbase, FTX and Crypto.com among them—made their Super Bowl commercial debuts in what quickly became dubbed the “Crypto Bowl.” Of course, crypto sports marketing isn’t new—looking at you, Matt Damon—but never before has the industry been thrust so forcefully…
While the price of bitcoin is 38% lower than its $69K price high three months ago, the amount of bitcoin on exchanges is at its lowest figure since April 2021. At the end of July last year, there was 2.59 million bitcoin held by crypto trading platforms, and today there’s only 2.36 million held by exchanges, which means there’s 8.8%…
It’s a controversial topic in the blockchain community that comes up from time to time — just how much impact Bitcoin (BTC) mining has on the environment. Last year, Tesla’s CEO Elon Musk brought forth a sharp correction in the cryptocurrency market by tweeting that his namesake car company would abandon plans to accept BTC, citing “rapidly increasing use of…
Inflows into cryptocurrency investment funds rose sharply last week, with Ether (ETH) products breaking a nine-week spell of outflows in the latest sign that institutional managers were re-accumulating assets. Digital asset investment products registered $75.3 million worth of cumulative inflows last week, data from CoinShares revealed Monday. Bitcoin (BTC) investment products saw $25.1 million worth of inflows, while Ether products…
BTC price continues to consolidate, a process which gives altcoin traders the opportunity to range trade and secure short-term gains. Source: https://cointelegraph.com/news/price-analysis-2-14-btc-eth-bnb-xrp-ada-sol-luna-doge-avax-dot
