Cryptocurrency

DraftKings Billionaire: Why I Paid $11.8 Million for a CryptoPunk

Briefly DraftKings’ largest shareholder grew to become the brand new proprietor of an especially uncommon CryptoPunk that Sotheby’s auctioned off. The CrypoPunk’s earlier proprietor sillytuna, an nameless NFT collector, acquired his fingers on one other NFT in the identical sale yesterday: Kevin McCoy’s “Quantum,” the primary NFT ever created, which offered for $1.4 million. Fantasy […]Read More

Bitcoin

Riot’s BTC manufacturing up 220% from final 12 months

The corporate’s Could manufacturing and operations replace revealed it had mined a complete of 924 BTC to this point this 12 months. Nasdaq listed Bitcoin mining firm Riot Blockchain yesterday launched an update on its manufacturing and operations for Could 2021. Headquartered in Fortress Rock, Colorado with its mining operations primarily based in upstate New […]Read More

Regulation

Dfinity’s ICP Falls One other 10%

Dfinity’s ICP token dropped 10% up to now 24 hours to hit a worth of $65.76, based on crypto information aggregator CoinGecko. It’s a heavy downturn for the foreign money, which, round this time final month, managed to set an all-time excessive of $700 barely 24 hours after its launch.  Dfinity is much-hyped. It was […]Read More

Cryptocurrency

JPMorgan Struggles to Discover ‘Tangible Advantages’ For El Salvador’s Bitcoinization

On Wednesday night time, El Salvador declared Bitcoin as authorized tender. The nation’s authoritarian president, Nayib Bukele, spent the remainder of the week selling his Bitcoin nation, establishing mining farms in volcanoes and relishing in his new standing as a financial maverick. For funding financial institution JPMorgan, the transfer to Bitcoin isn’t any trigger for […]Read More

Bitcoin

Weekly Roundup of Cryptocurrency Information 11/06/2021

Jack Dorsey hints Sq. could develop a BTC {hardware} pockets Sq. CEO Jack Dorsey has revealed that the San Francisco-based digital funds firm plans to develop a {hardware} Bitcoin pockets. He first talked about the challenge in a tweet final Friday after which gave additional particulars later on the Bitcoin convention in Miami. The brand […]Read More

Regulation

Yunnan Province in China Anticipated to Ban Bitcoin Mining: Report

In short In accordance with crypto mining agency BTC.high, the Chinese language province of Yunnan will quickly ban Bitcoin mining. China has been cracking down on Bitcoin mining in current weeks, with miners throughout the nation compelled to close down. Citing a notice from BTC.high, a big cryptocurrency mining agency with operations all through China […]Read More

Bitcoin

How Did the Feds Get the Pipeline Hackers’ Bitcoin? Here

Briefly The hacking group made two large errors that permit the US seize the Bitcoin The group possible left a non-public key the place regulation enforcement might discover it The U.S. Justice Division scored a uncommon victory towards ransomware criminals this week, recovering a lot of the Bitcoin the crooks extorted following a high-profile assault […]Read More

Bitcoin

Bitcoin miners advised to close down amid Chinese language crackdown

Xinjiang and Qinghai provinces have reportedly ordered miners to close down their operations amid Beijing’s relentless crackdown. China’s newest transfer towards bitcoin mining is seeing increasingly more miners pushed out of the foremost mining areas within the nation. In response to experiences, native authorities within the main Bitcoin mining areas of western areas of Qinghai […]Read More