December 8 was a bad day for Bitcoin. The world’s largest cryptocurrency in terms of market cap broke down, losing all the profits it had gained since November 29, 2020.Over the past few days, the $19,000 line became a kind of war zone, with bitcoin going up and down that price with no clear dominance of bulls or bears.However, things changed on December 8, 2020. At 6 am UTC, BTC had a quick dip from $19,299 to $18,798 in just 3 hours, with a low of $18,680. BTC was unable to recover from the...
Read More »Steve Wozniak Pushes Crypto Program Designed to Save Energy
Apple co-founder Steve Wozniak is supporting a new cryptocurrency startup that’s designed to cut greenhouse gas emissions and help save the environment.Steve Wozniak Wants to Save the PlanetOne of the big problems being faced by cryptocurrency miners everywhere is that the extraction process is allegedly boosting carbon gas production and polluting the atmosphere, thereby contributing to climate change. For example, it has been said that mining bitcoin emits as much carbon as the city of Las...
Read More »Jack Dorsey’s Square Invests $10M To Promote Green Energy For Bitcoin Mining
According to an official press release from today, U.S.-based financial services company Square has launched a new initiative for the firm to become net-zero carbon for operations by 2030.Square Invests $10 MillionAs a part of the plan, the Jack Dorsey-led company will allocate $10 million to its Bitcoin Clean Energy Investment Initiative, which intends to fund companies that drive adoption and research into the use of green energy for Bitcoin mining operations.Bitcoin is often criticized for...
Read More »Alexander Vinnik Sentenced to Five Years for Crypto Crimes
Alexander Vinnik – a Russian man accused of laundering bitcoin funds and for allegedly taking part in multi-million dollar cryptocurrency fraud – has been sentenced to five years in a Paris prison and is also being ordered to pay more than $120,000 in penalties.Vinnik Ordered to Prison; Will Also Pay FinesThe case involving Vinnik goes back several years. After working at the now defunct cryptocurrency exchange BTC-e, Vinnik was accused of developing a new kind of cryptocurrency malware known...
Read More »Michael Saylor Reveals: I Decided to Buy Bitcoin After the COVID-Induced Global Crisis
Michael Saylor became one of the most popular bitcoin bulls in the past several months after the company he founded over three decades ago allocated millions of dollars in BTC. He also disclosed buying nearly 18,000 bitcoins personally. In a recent live stream with Binance’s Changpeng Zhao (CZ), he revealed why he decided to allocate such a considerable amount in the primary cryptocurrency.During the Binance-initiated live stream, Saylor said that the events that transpired in March 2020 were...
Read More »Uncertainty Over Bitcoin Price as Market Quietens
As Bitcoin price stalls, it is obvious that emotions will be the most decisive factor in the coming weeks as investors are controlled by the fear of losing out of a potentially promising position.Investors are at a loss at what would happen next in the coin market as the price of Bitcoin (BTC) seems to stank around $18,000 after weeks of upsurge. There had been an expectation that the digital asset would soar up to $20,000 as it had done in December 2017 but it seems to have lost momentum in...
Read More »Bitcoin mit Problemen bei 18.700 US-Dollar
Der BTC sträubt sich weiterhin erfolgreich gegen ein neues Allzeithoch. Der Kurs schaltete in den letzten 24 Stunden sogar wieder auf Rot und nähert sich einem kritischen Support-Niveau bei 18.700 US-Dollar. Unterschreitet der Kurs diese Marke, geht es wohl weiter bergab – doch wie weit? Bitcoin News: Bitcoin mit Problemen bei 18.700 US-DollarBei 19.500 US-Dollar war der Widerstand zu groß für den Bitcoin; der Kurs kehrte sich um und purzelte wieder unter 19.000 US-Dollar pro BTC. Und können...
Read More »Gap between CoinMarketCap and CoinGecko Is Decreasing
CoinGecko was reported to have approximately 20.6 million monthly desktop and mobile visitors while CoinMarketCap reported a figure of 29 million.As Bitcoin and the greater altcoin market experience a heightened level of volatility, more crypto fanatics remain glued to different analytics provider platforms including CoinGecko and CoinMarketCap. For years, CoinMarketCap has remained unchallenged in the sector but a new report suggests otherwise.According to a recent report by news outlet The...
Read More »$34M In Bitcoin Requested After A Ransomware Attack On Electronics Giant Foxconn
One of the world’s largest electronics manufacturers, Foxconn Technology Group (better known as Foxconn), has become the latest ransomware attack victim. A hacker’s group had reportedly compromised data from the company’s North American facility during the Thanksgiving weekend and has requested over 1,800 bitcoins as demand.DopplePaymer Ransomware Attack On FoxconnEstablished in 1974, Foxconn has become one of the largest electronics manufacturers in the world, whose subsidiaries include...
Read More »Le LN Flambeau est arrivé à destination
Lancé le 24 octobre dernier, le LN Flambeau, une « Lightning Torch » française, est arrivé aujourd’hui à sa destination finale. Après un voyage à travers trois continents (Europe, Afrique et Amérique), Gregory Raymond, l’ultime relayeur, a effectué une transaction de 1,8 million de satoshis (soit 0,018 bitcoin, 283 euros) à destination de Human Rights Foundation (seule organisation à but non lucratif et d’utilité publique acceptant les...
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