Mining refers to the process of verifying and adding new transactions to a blockchain network, such as in the case of Bitcoin (BTC) or other cryptocurrencies. The economics of mining refers to the economic incentives and costs associated with the mining process, as well as its impact on the broader economy. The economics of crypto mining are driven by a…
Mining refers to the process of verifying and adding new transactions to a blockchain network, such as in the case of Bitcoin (BTC) or other cryptocurrencies. The economics of mining refers to the economic incentives and costs associated with the mining process, as well as its impact on the broader economy. The economics of crypto mining are driven by a…
This week in coins. Illustration by Mitchell Preffer for Decrypt. Last week was the first real red week of 2023 thanks to an SEC crackdown on Kraken and staking that shook crypto confidence, but most leading cryptocurrencies managed to recover value this week. Bitcoin (BTC) rose 13.7% over the past seven days to hit $24,608 as of Saturday morning, according…
This week in coins. Illustration by Mitchell Preffer for Decrypt. Last week was the first real red week of 2023 thanks to an SEC crackdown on Kraken and staking that shook crypto confidence, but most leading cryptocurrencies managed to recover value this week. Bitcoin (BTC) rose 13.7% over the past seven days to hit $24,608 as of Saturday morning, according…
Ethereum was once again trading above $1,700 to start the weekend, as cryptocurrencies rebounded from Friday’s decline. The global crypto market cap rallied in today’s session, as bulls moved to buy yesterday’s dip. Bitcoin was also back in the green, with prices nearing the $25,000 mark. Bitcoin Bitcoin (BTC) moved toward the $25,000 mark on Saturday, as crypto markets rebounded…
The Nigerian crypto payment gateway Fluidcoins was recently bought for an undisclosed sum by Blockfinex, in a deal which the former’s CEO Lanre Adenowo described as an “acquihire deal.” Blockfinex reportedly said it will leverage the acquisition to launch its own platform known as Blockpay. Scaling Blockfinex’s Crypto Payment Processing Business The Nigerian crypto payment gateway, Fluidcoins, was recently acquired…
Bitcoin (BTC) is leaving traders guessing as the future of the bull market depends on the last week of February. In multiple tweets on Feb. 17, popular trader and analyst Rekt Capital flagged crucial resistance battles ongoing on BTC/USD across multiple timeframes. Bitcoin price squares off with bear market downtrend Bitcoin hit new six-month highs this week as the latest…
Anti-malware software Malwarebytes highlighted two new forms of malicious computer programs propagated by unknown sources that are actively targeting crypto investors in a desktop environment. Since December 2022, the two malicious files in question — MortalKombat ransomware and Laplas Clipper malware threats — have been actively scouting the Internet for stealing cryptocurrencies from unwary investors, revealed the threat intelligence research…
The Brazilian government is preparing to release a decree to fill the blank spaces that the recent approval of the cryptocurrency law has left open. The document, prepared by the Ministry of Finance, will establish the areas of oversight and responsibilities for the Central Bank of Brazil and the national securities regulator (CVM). Brazilian Government to Issue New Crypto Regulation…
Norwegian authorities, in collaboration with the Federal Bureau of Investigation (FBI) and the U.S. Department of Justice (DOJ), have allegedly seized about $6 million that was stolen in last year’s Axie Infinity heist. “It is the biggest crypto seizure Norwegian police have ever made,” said Norway’s Økokrim. Norway and FBI Recoup Some Stolen Funds From Axie Infinity Attack Økokrim, Norway’s…
