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Iran Seizes 3,000 Crypto Mining Devices in a Week
10.6.2021
Authorities in Iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid power shortages and blackouts. In a single year, Iranian law enforcement has shut down over 180 crypto farms in Tehran Province alone. Over 500 Crypto Mining...
Jurassic World Evolution 2 Coming This Year
10.6.2021
Today during Geoff Keighley’s Summer Games Fest, a different Jeff—one of the Goldblum variety—announced Jurassic Park Evolution 2.Read more
How Many People Mined BTC Alongside Satoshi? 2010 Data Shows Bitcoin’s Creator Wasn’t the Only Mining Whale
10.6.2021
Throughout 2021, a great number of mysterious whale movements from miners who mined bitcoins in the early days have occurred. This week, 1,000 bitcoin from 2010 were transferred, and the miner has spent 11,000 bitcoin since last year. Old school whale movements like these have made some people...
Bitcoin boon as US inflation hits 13-year high, wages fall to lowest in 21st century
10.6.2021
It's grim news for economists and a bittersweet advertisement for Bitcoin this week after the latest CPI report
Coinbase Says Interest From Pension Funds and Hedge Funds Has Skyrocketed, Institutional Holdings Soar 170%
9.6.2021
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed record growth in its institutional business. “This year, interest from pension funds and hedge funds has skyrocketed, supported by the roll-out of crypto-ETPs as well as an increased understanding of the crypto economy,”...
Crypto market sinks by $300B while Bitcoin transactions near 3-year low
8.6.2021
Bitcoin transactions are in rapid decline as the cryptocurrency market continues to shed value since its recent peak
As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows
8.6.2021
Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction fees have dropped 93% after touching a high of $62 per transaction in April 2021. Bitcoin Daily Transaction Rate Dips by 35%, Google Trends Data Shows Interest...
Dying Light, A 6-Year-Old Game, Just Got Free DLC
7.6.2021
Six years, four months, and three weeks ago, a major developer released a big-budget action game set in a sprawling open world. In 2018, that same developer announced a sequel slated for the following year. It has since been delayed. And now, the original game is getting more content. Such is...
Out of Thousands of MIT Students That Got Free Bitcoin in 2014 – 6 Year Holders Saw 13,000% Gains
7.6.2021
Over six years ago, at the Massachusetts Institute of Technology (MIT), a couple of scholars distributed $100 in bitcoin to 3,100 students. According to testimony from a few participants who held the leading crypto asset since then, the students netted 13,000% in profit. MIT Grad Who Made 13,000%:...
National Court of Spain Suspends John McAfee Extradition Hearing
6.6.2021
The National Court in Spain has suspended the hearing destined to deal with the extradition request that John McAfee, the well known cryptocurrency influencer, has pending for its tax-related crimes in the U.S. The entrepreneur was apprehended in October last year in the El Prat Airport where...
G7 Finance Chiefs to Publish Common Rules for State-Issued Digital Currencies This Year
6.6.2021
The G7 finance ministers and central bank governors have met and agreed to work towards common principles for state-backed digital currencies and publish their conclusions this year. They said these digital currencies “could act as both a liquid, safe settlement asset and as an anchor for...
18-Year-old Artist Draws Incredible Portraits On Her Smartphone
6.6.2021
Mejiro, an 18-year-old artist in Japan, was recently featured on the country’s national TV news for art she draws on her smartphone.Read more
FTX Lands Naming Deal With Esports Giant TSM for $210 Million
5.6.2021
On Friday, FTX Exchange announced signing a naming rights deal with U.S. professional esports organization TSM for $210 million. The cryptocurrency exchange’s multi-year partnership arrangement will allow the crypto firm to rename the company to “TSM FTX.” Esports Firm TSM Will...
SHIB vs. DOGE – Who Is the Top Dog in Crypto Land?
5.6.2021
Over the last few months two distinct dog cryptocurrencies, shiba inu and dogecoin, have been making waves within the crypto economy. While dogecoin has been around since 2013 and has seen massive gains during the last year, the relatively new ERC20 crypto shiba inu has jumped significantly...
We're Not Expecting Much From This Year's E3
5.6.2021
Somehow it’s June again, which means it’s almost time for E3 to start—and also, depending on who you ask (Sony, Sega, Blizzard), it’s already started. Still though, this must mean that several volcano bursts of white-hot excitement are just around the corner, right? You’d think, but after the year...
Alternative Mining Algorithms Reap Higher Profits Than Bitcoin Mining in 2021
4.6.2021
Cryptocurrencies have jumped quite a bit in value over the course of the year and miners who verify transactions and earn digital assets have seen significant profits. While bitcoin miners have been seeing daily profits rise, a great number of other mineable digital currencies are pulling in much...
Bitcoin bulls give 'conservative' 10 year estimate for hyperbitcoinization to hit
4.6.2021
A decade to hyperbitcoinization is "most likely," says Kraken executive Dan Held, a forecast echoed by Unchained Capital's Parker Lewis
Bitcoin Should Be Treated as a Five to Ten Year Investment - Kraken CEO
4.6.2021
Jesse Powell. Source: A video screenshot, Youtube/Kraken Bitcoin Exchange
Despite the recent sharp correction in the crypto market, Jesse Powell, Co-founder and CEO of major crypto exchange Kraken, still claims that one bitcoin (BTC) will buy you a Lamborghini (starts at USD 200K) by the end of...
European Union to Release Digital Wallet for Payments Next Year
3.6.2021
The European Union (EU) will launch a digital wallet allowing citizens of any country in the bloc to make payments and access services provided by each state, also allowing for the storage of digital ID information. The wallet, which will reportedly be launched next year, could be tied in with...
Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’
2.6.2021
The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that it expects to at least sustain current profits or rise above to roughly $150 to $250 million in revenue for Q2. Canaan Expects $250M...