Price analysis 4/7: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin’s failure to clear the overhead resistance at $30,000 is attracting profit-booking in select altcoins.
Russia becomes 2nd most powerful BTC miner in the world
Ad As of the end of the first quarter of 2023, Russia ranked as the world’s second most powerful Bitcoin (BTC) mining provider, according to the Moscow Times, citing data from Bitriver. During the first three months of the year, Russia generated one gigawatt (GW) of mining power, according to the Moscow Times report. Country […]
Asia Express – Cointelegraph Magazine
Our weekly roundup of news from East Asia curates the industry’s most important developments. Blowing up a Singaporean crypto hedge fund worth an estimated $10 billion at its peak was, by all means, a life-changing event for its co-founders Kyle Davies and Zhu Su. It appears that the trauma from the incident had been so […]
Here’s how to fix them – Cointelegraph Magazine
Blockchain exploits can be extremely costly; with poorly designed smart contracts, decentralized apps and bridges are attacked time and time again. For example, the Ronin Network experienced a $625-million breach in March 2022 when a hacker was able to steal private keys to generate fake withdrawals and transferred hundreds of millions out. The Nomad Bridge […]
North Carolina county advances temporary crypto mining ban
North Carolina’s Buncombe County is considering a temporary one-year crypto mining ban, according to a report from Citizen Times on April 5. Buncombe County proposes moratorium That report indicates that the Buncombe County Board of Commissioners advanced a one-year moratorium on crypto mining during a meeting on April 4. A public hearing will be held […]
Price analysis 4/5: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin continues to face resistance near $29,000 and Ether has decided to take charge of the wider crypto markets’ bullish momentum.
Hut8’s Bitcoin production decreased 30% in Q1
Bitcoin miner Hut 8’s mined BTC declined 30% during the first quarter as its production fell to 131 BTC in March from 188 BTC recorded in January. According to theminermag data, the BTC miner produced 475 BTC during the quarter. Its realized hashrate also fell from 1.72 to 1.44. Source: The Miner Mag Hut8 sold […]
NFT Creator, Sarah Zucker – Cointelegraph Magazine
As a Millennial who remembers the world before digital devices and the internet were everywhere, Sarah Zucker — aka The Sarah Show — is fascinated by the accelerated transition society at large is going through. “I feel as a Millennial that I’m part of this generational cohort that’s in this very unusual experience of having […]
Anti-Bitcoin mining bill gets unanimous approval from Texas Senate committee
The Texas Senate Committee passed the anti-Bitcoin (BTC) mining bill on April 4, according to Satoshi Act Fund’s founder Dennis Porter. The bill, sponsored by Texas State Senator Lois Kolkhorst, passed without a single vote in opposition, Porter stated. The fact that it got the unanimous support of the committee sparked rumors that it might […]
Why is this African country using BTC? – Cointelegraph Magazine
Dakar, the capital of the West African nation of Senegal, now boasts an annual Pan-African Bitcoin conference, over 10 merchants accepting Bitcoin, a local peer-to-peer BTC exchange and a budding Bitcoin community. What’s more, the speed at which Bitcoin’s progress is unwinding is staggering. The city hosted the DakarBTC Days conference just 10 months after […]