An Airbnb host, Ashley, shared her experience on Tiktok about guests who accumulated a $1,500 electricity bill by setting up an electric vehicle station and mining cryptocurrency during their three-week stay. Despite leaving the property in excellent condition, the guests’ excessive energy use, captured on external security cameras showing them bringing in 10 computers, prompted […] Source: https://news.bitcoin.com/airbnb-host-imposes-no-mining-rule-after-guests-rent-her-property-to-mine-crypto/
Month: August 2024
XRP Ledger onchain transactions drop 65.6% in Q2 2024
The decline in activity and the rise in transaction costs on the XRP Ledger are a significant shift compared to the previous quarter. Source: https://cointelegraph.com/news/ripple-xrp-ledger-onchain-transactions-q2-2024-results-xrp?utm_source=rss_feed&utm_medium=rss%3F&utm_campaign=rss_partner_inbound
XRP Ledger onchain transactions drop 65.6% in Q2 2024
The drop in transactions and the rise in transaction costs are a significant shift compared to the previous quarter. Source: https://cointelegraph.com/news/ripple-xrp-ledger-onchain-transactions-q2-2024-results-xrp?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin and Crypto to Gain as Falling Rates Expand Global Liquidity, Says 21shares VP
The head of strategy at crypto investment firm 21shares has explained that the broad-based bitcoin selloff following the Federal Reserve’s decision to keep interest rates unchanged was partly due to increasing geopolitical tensions in the Middle East and fears of conflict escalation, leading to a temporary flight to safety. He also noted that anticipated interest […] Source: https://news.bitcoin.com/bitcoin-and-crypto-to-gain-as-falling-rates-expand-global-liquidity-says-21shares-vp/
New York DA’s Office Hiring Full-Time Crypto Analyst for Cybercrime Bureau
The New York County District Attorney’s Office is hiring a full-time cryptocurrency analyst for its Cybercrime and Identity Theft Bureau. This role involves analyzing cryptocurrency theft complaints, conducting blockchain transaction analyses, and providing expert testimony. NY District Attorney Seeks Cryptocurrency Analyst The New York County District Attorney’s Office has put up a job posting for […] Source: https://news.bitcoin.com/new-york-das-office-hiring-full-time-crypto-analyst-for-cybercrime-bureau/
Judge Urged to Jail Man Who Spent $10M Mistakenly Sent by Crypto.com
Prosecutors are urging a judge to imprison Jatinder Singh, who spent millions of dollars accidentally refunded by Crypto.com. The issue began when Singh attempted to deposit $100 into his Crypto.com account in May 2021. Due to a discrepancy between account names, the transaction was rejected, but an error by a Bulgarian employee led to a […] Source: https://news.bitcoin.com/judge-urged-to-jail-man-who-spent-10m-mistakenly-sent-by-crypto-com/
Object Sighted Over City in Brazil Riles Up UFO Fans
A bizarre aerial phenomenon captured on video over Curitiba, Brazil is the latest to capture the attention of “ufologists,” people who track sightings of unidentified flying objects as evidence of alien visitors. A pair of videos uploaded to YouTube shows a triangular object hovering in the sky above the southern Brazilian city from different angles. The first, shot by Zona…
Markets in Freefall: US Stocks Plummet and Crypto Crashes After Shocking Jobs Report
Following a heinous jobs report, questions are arising about whether the United States will experience a soft landing or if a full-fledged recession is on the horizon. All five major U.S. stock market indices saw notable declines on Friday, and the crypto economy fell by 5.82% to reach $2.2 trillion. Crypto Economy and U.S. Stocks […] Source: https://news.bitcoin.com/markets-in-freefall-us-stocks-plummet-and-crypto-crashes-after-shocking-jobs-report/
Paypal Launches Global Hackathon With 40,000 PYUSD in Prizes
Paypal, a leading payment platform, has announced a global hackathon for its stablecoin PYUSD, offering 40,000 PYUSD in prizes. This initiative follows the launch of the Paypal stablecoin on Solana. Running from Aug. 12 to Sept. 16, the hackathon aims to foster innovation and the adoption of PYUSD on Solana. Paypal Announces Global PYUSD Hackathon […] Source: https://news.bitcoin.com/paypal-launches-global-hackathon-with-40000-pyusd-in-prizes/
Bitcoin whale volume from exchanges hits 9-year high as analysts call BTC price bottom
The last time Bitcoin whales moved this many coins from exchanges was when the BTC price was around $220 in 2015. Source: https://cointelegraph.com/news/bitcoin-whale-accumulation-10-year-high-analysts-btc-price-bottom?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound