Ethereum Classic (ETC), a hard fork of Ethereum executed following the 2016 DAO hack, hit an all-time high record hash rate of 48.82 terra hashes per second (TH/s) yesterday, per data from 2miners. ETC, the native token of the Ethereum Classic network, has since jumped nearly 12% over the past 24 hours and trades at around $35.6, according to data…
This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience. I’ve been saying this phrase for about 2.5 years now and have been ending my podcast, newsletters and speeches with this phrase. In this piece, I wanted to get to the heart of what this means and why…
Last week Bitcoin.com News reported on two old bitcoin addresses created in 2013 sending 10,001 bitcoin to a myriad of wallets. Heuristics and clustering techniques indicate that the bitcoins were associated with Mt Gox, roughly around the same time the exchange was hacked in June 2011. Five days later, 5,000 bitcoins were transferred from a wallet created on the same…
Volatility in crypto markets remained high on Monday, as bitcoin was mostly in the red to start the week. The token has once again moved below $20,000, as prices appear to be consolidating. Ethereum was also trading sideways, with prices falling marginally below a key support level earlier in the day. Bitcoin Bitcoin (BTC) started this week how it ended…
Russia is close to pushing legislation for the use of cryptocurrency in international trade.In current conditions “it is impossible to do without cross-border settlements in cryptocurrency,” the Bank of Russia and Ministry of Finance have reportedly agreed.The necessary regulatory framework will still need to be introduced. The Bank of Russia and the country’s Ministry of Finance have reconsidered their positions…
Law enforcement in Australia is working to boost cryptocurrency expertise and trace crypto transactions by setting up a dedicated police group. The Australian Federal Police (AFP) has established a new cryptocurrency unit to focus on monitoring crypto-related transactions, The Australian Financial Review reported on Monday. Stefan Jerga, the national manager of the AFP’s criminal asset confiscation command, said that the…
Interest in crypto has been growing since the 2017 bull market and has increased even further since 2021, which saw the nonfungible token (NFT) boom and Bitcoin (BTC) hitting its highest price so far. So, what can a crypto investor tell family and friends who are interested in cryptocurrency? Here are some common and important questions that one can come…
Police in the southern Russian city of Astrakhan have detained a man accused of defrauding people who wanted to purchase crypto miners. Law enforcement officials say the suspect made millions of rubles through fictitious sales of mining devices to Russian citizens and foreigners. Investigators Claim Russian Made Money Selling Nonexistent Crypto Mining Rigs A resident of Russian Republic of Tatarstan’s…
A sublime sunset enveloped Biarritz Casino on Aug. 27, bringing France’s largest Bitcoin (BTC) conference to a close. Located in southwest France and organized by French Bitcoin exchange Stackin Sat, Surfin Bitcoin assembled a host of Bitcoin OG’s, newbies and no coiners, those yet to buy or earn crypto, in a setting that would rival any Hollywood film set. Bitcoiners…
South Korean electronics company LG has just launched its own new NFT marketplace, dubbed “LG Art Labs,” available from today to all US LG television owners running webOS 5.0. The marketplace is accessible from the LG home screen and enables people to buy, sell, and trade non-fungible tokens (NFTs) from the comfort of their homes. NFTs are tokenized blockchain representations…
