Bitcoin

Massive 70 MW Bitcoin Mining Rig Shipped to Russia

February 12th, 2021

Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country. Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks, which have a total power…

Twitter CEO Jack Dorsey And JayZ Launch BTC Fund For Developers in India and Africa

February 12th, 2021

Jack Dorsey, the Twitter CEO along with popular musician JayZ has launched a 500 bitcoin trust focusing on bitcoin developers from India and Africa. The announcement comes at a crucial time especially for Indian developers as the government in the country is reportedly planning a crypto ban. JAY-Z/@S_C_ and I are giving 500 BTC to…

Bitcoin Price Forecast: BTC battles for new record highs as bulls eye $52,500

February 12th, 2021

Bitcoin price has been proving its ability to rise to record highs after a correction. The flagship cryptocurrency’s ability to remain stable after a massive move was put to the test this week. Tesla. The electric car manufacturer announced that it had added $1.5 billion worth of BTC to its balance sheet, causing speculation to…

Europol Arrests 10 Members of a Sim Swapping Criminal Gang That Stole Cryptocurrencies Worth $100 Million

February 11th, 2021

The European law enforcement agency, Europol, has arrested 10 people believed to be members of the criminal gang that stole cryptocurrencies with an estimated value of $100 million. The arrests follow an international investigation into a series of sim swapping attacks that occurred in 2020. According to Europol, this criminal gang had also targeted high-profile…

$50K for Bitcoin Soon As High Stablecoin Deposits and Active Addresses Continue to Rise

February 11th, 2021

After hitting its all-time high above $47,500 levels on Tuesday, February 9, BTC has seen a partial retracement and is currently trading at $44,920 levels with a market cap of $831 billion. After Tesla’s announcement of $1.5 billion worth of BTC purchase, Bitcoin has already surged ~18% so far. Despite this sharp surge in just…

Central Bank of Nigeria Denies It Has Placed New Restrictions on Cryptocurrencies — Uses Debunked Claims to Justify New Directive

February 10th, 2021

Following the outcry over the Central Bank of Nigeria’s latest directive that targets cryptocurrencies, the institution has reaffirmed its stance with another statement. In the latest five-page document, the CBN insists that this directive is intended to protect the country’s financial system from the “risks” that are associated with cryptocurrencies. Debunked Claims Still, the central…

Launchpool Plans to Launch an Egalitarian Model for All Stakeholders

February 10th, 2021

Launchpool : noun – A group of crypto industry participants who pool together resources to launch projects. The concept behind the project is to bring investors together, aligning all for the benefit of everyone and the project. Each investor is put on the same footing and given the same incentive to see the project grow,…

Paxful Celebrates the Real Reasons People Use Bitcoin Everyday With #BitcoinForAll Giveaway

February 8th, 2021

Paxful, one of the largest peer-to-peer cryptocurrency marketplaces in the world, is celebrating the real reasons people use bitcoin every day with a special $15,000 giveaway. The platform helps millions to have access to payments, e-commerce, remittances, wealth preservation and philanthropy with bitcoin. What Real People Use Bitcoin For With bitcoin’s incredible recent rally it…

Crypto Patent Alliance Questions Craig Wright’s White Paper Copyright Claim

February 8th, 2021

Back in January, the notorious Craig Wright who claims to be Satoshi Nakamoto had his lawyers send letters to a number of websites like bitcoin.org telling them to remove the Bitcoin white paper hosted on their web portals. On January 31, bitcoin.org’s owner Cobra claimed he was threatened by a Bitcoinsv supporter after the person…

Crypto-Friendly Travel Firm Travala Becomes the First Merchant to Offer Binance Pay as a Payment Method

February 5th, 2021

Crypto-friendly travel website Travala has announced the integration of a brand-new payment application, Binance Pay. With such a move, the travel booking company becomes the first merchant to implement Binance Pay as a payment form after its launch on Feb. 3. Five Cryptos and One Fiat Currency Will Be Offered in the First Stage of…