One of Mt. Gox’s cold wallets just transferred more than 47,000 BTC to an unknown wallet address amid a plan to begin repaying its creditors. Source: https://cointelegraph.com/news/mt-gox-moves-billions-bitcoin-unknown-wallet-address
Month: July 2024
Crypto Owners More Likely to Have ‘Dark’ Traits, Study Shows
A recent study has found that cryptocurrency ownership is associated with belief in conspiracy theories and “dark” personality traits such as narcissism, Machiavellianism, psychopathy, and sadism (collectively known as the “Dark Tetrad”). The research highlights the diverse political identities of crypto owners and their aversion to authoritarianism. Study Reveals Political and Psychological Traits of Cryptocurrency […] Source: https://news.bitcoin.com/crypto-owners-more-likely-to-have-dark-traits-study-shows/
Blocking AI Bots From Scraping Websites Gets Boost From Cloudflare
Cloudflare, a global internet security firm that claims to protect nearly 20% of the world’s web traffic, has launched what it calls an “easy button” for website owners who want to block AI services from accessing their content. The move comes as demand for content used to train AI models has skyrocketed. Cloudflare’s core service, which serves as an internet…
German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows
The German government has been selling seized bitcoin but still holds more than 40K BTC, worth over $2.3 billion, according to onchain data from blockchain intelligence firm Arkham. These sales are occurring alongside the anticipated Mt. Gox bitcoin distributions. In response to Germany’s BTC liquidation, Tron founder Justin Sun has offered to purchase the remaining […] Source: https://news.bitcoin.com/german-government-still-holds-over-40k-bitcoins-after-recent-sale-onchain-data-shows/
Bitcoin traders express optimism even as BTC price targets shift lower
Bitcoin traders say “the bottom is in” even as BTC price retests the 200-day moving average and threatens to descend lower. Source: https://cointelegraph.com/news/bitcoin-traders-express-optimism-even-as-btc-price-targets-shift-lower
Phoenix BCH Miner Elevates Hashrate to New Highs, Raising Concerns Within the Community
The rise in hashrate allocated by unknown miner Phoenix to the BCH network has raised questions about the true motives of this action. Phoenix took BCH’s hashrate to over 10 EH/s, processing a relevant part of all the blocks and receiving the correspondent subsidy during the last days, but the community warns this might be […] Source: https://news.bitcoin.com/phoenix-bch-miner-elevates-hashrate-to-new-highs-raising-concerns-within-the-community/
Bitcoin price falls to 2-month low, but derivatives markets reflect traders’ interest
Bitcoin price is pinned below $60,000, but derivatives and stablecoin data show traders remain optimistic. Source: https://cointelegraph.com/news/bitcoin-price-falls-to-2-month-low-but-derivatives-markets-reflect-traders-interest
Crypto startup launches tokenized US Treasury bonds on Bitcoin layer-2s
The new tokenized assets offer the stability of the Bitcoin network with admirable yield. Source: https://cointelegraph.com/news/crypto-startup-tokenized-us-treasury-bonds-bitcoin-layer-2
RWA Startup Hamilton Tokenizes US Treasury Bills on Bitcoin L2 Solutions
Hamilton has announced the tokenization of U.S. Treasury bills on Bitcoin’s layer two (L2) platforms, stating that it marks a significant advancement in bridging traditional finance with Bitcoin’s decentralized finance (defi) sector. The move aims to enhance financial accessibility and liquidity within the Bitcoin ecosystem. U.S. Treasury Bills Tokenized on Bitcoin’s L2s Hamilton, a startup […] Source: https://news.bitcoin.com/rwa-startup-hamilton-tokenizes-us-treasury-bills-on-bitcoin-l2-solutions/
UK exit poll suggests Labour Party victory, next PM Keir Starmer
According to a BBC exit poll after a July 4 general election, Labour was set to oust the Conservatives for the first time in 14 years. Source: https://cointelegraph.com/news/uk-elections-exit-poll-labour-victory-keir-starmer