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Bitcoin
8,000 rigs spool up in Nautilus mining facility
United States-based Bitcoin mining company TeraWulf has fired up a new crypto mining facility in Pennsylvania — solely running on nuclear power generated on-site. In Mar. 6 statement, TeraWulf said the Nautilus Cryptomine facility is its…
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US Sentences Man to 3 Years in Prison for Defrauding Investors in Crypto Mining Scheme – Bitcoin…
A U.S. district judge has sentenced a man to three years in prison in a fraudulent cryptocurrency mining scheme. The defendant “misappropriated his victims’ money and failed to provide them with the miners and miner-hosting…
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Crypto Assets like Bitcoin (BTC) Cannot Be Legal Tender: IMF
Bitcoin’s path to becoming an official legal tender in regions has witnessed multiple setbacks. Bodies like the International Monetary Fund (IMF) clarified their narrative in the latest report. ‘No’ to BTC as legal tender, ‘Yes’ to…
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How Bitcoin’s Price Will Moon During a Potential Oil Crisis: Arthur Hayes
BitMEX co-founder Arthur Hayes published an essay on Thursday outlining “realistic potential situations” that could make oil prices boom, and make Bitcoin’s price skyrocket as a result.
The former CEO argued that such a…
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Bitcoin price slides 5% in 60 minutes amid Silvergate uncertainty
The price of Bitcoin (BTC) has fallen over 5% from $23,500 to $22,240 in just over 60 minutes, amid a wave of uncertainty concerning crypto-friendly bank Silvergate Capital. The price drop has wiped $22 billion from Bitcoin's total…
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Robert Kiyosaki Says World Economy on the Verge of Collapse — Warns of Bank Runs, Frozen Savings,…
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the world economy is on the verge of collapse. He warned investors about the risks of bank runs, frozen savings, and bail-ins that may come next.…
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Unmoved Bitcoin Is Becoming a Hefty Percentage of Total Supply
The number of Bitcoins that haven’t moved in ten years has reached its highest-ever level. Remarkably, this number is now even higher than the balance of BTC held on crypto exchanges.
According to Glassnode data posted by analysts on…
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These 3 Crypto Assets Account for 85% of $70M Crypto Donations to Ukraine: Report
It was on February 24, 2022, that Russia launched the military offensive on Ukraine. On the completion of one year of the war, Chainalysis came up with a report tracking crypto donations to both Russia and Ukraine.
The …
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Ukraine netted $70M in crypto donations since start of Russia conflict
Ukraine has received over $70 million in the form of cryptocurrencies since the start of the Russian-Ukrainian conflict, providing the nation with military equipment and humanitarian assistance.The figures came from a Feb. 24 report by…
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Over 200 Jurisdictions Agree on Timely Implementation of FATF Crypto Standards – Regulation Bitcoin…
The Financial Action Task Force (FATF) says delegates from over 200 jurisdictions have agreed on “an action plan to drive timely global implementation of FATF standards” on crypto assets. The standard-setting body said many…
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