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Pro-Russian Outfits Turn to Crypto Fundraising to Support War Efforts Against Ukraine: Report

Pro-Russian outfits have resorted to digital asset funds in a bid to support the war efforts against Ukraine while evading international sanctions. A new report suggests that these groups are raising a massive amount of Bitcoin and other cryptocurrencies via crowdfunding campaigns. According to Chris Janczewski, head of global investigations at TRM Labs, the blockchain intelligence resource identified around $400,000 in cryptocurrency raised since the beginning of the...

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Clean Spark Buys Mega Mining Facility in Georgia

Crypto mining firm Clean Spark is purchasing a whole new bitcoin mining facility in the city of Mawson, Georgia. The business – which is being sold for approximately $33 million – will help Clean Spark by increasing its hash rate to about 1.3 exahashes per second. Clean Spark Is Building Its Empire The topic of crypto mining continues to be a controversial one. Without mining, there would be no crypto. We all know that by now. For the most part, unless something like...

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BTC Miners Reserves Reach Their Lowest Level in a Decade

Bitcoin miners are now holding fewer than 2 million BTC on reserve, according to data from IntoTheBlock.  That’s the lowest amount of Bitcoin held by all tracked pools and miners since 2010, following a steady decline over the past decade.  Dwindling Miner Reserves IntoTheBlock’s data tracks the Bitcoin belonging to the on-chain addresses of various major miners and mining pools – including Poolin, F2Pool, Binance, Bitfury, and others.  In aggregate, total reserves numbered...

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Stock-to-Flow Creator PlanB Bought More BTC and Explains Why Now

The creator of the bitcoin Stock-to-Flow (S2F) model – PlanB – admitted that recently he made his third BTC investment. At the time of the purchase, the primary cryptocurrency was hovering around $20,000. Due to its significant price depreciation compared to the all-time high of $69,000 in November 2021, many people proclaimed bitcoin dead in the past several months. However, PlanB revealed that each of his crypto investments was at a time when pessimism was reigning. PlanB...

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Crypto Scams in Australia Are Getting Huge

The region of Queensland in Australia has, as of late, been a hub for crypto fraud and related scams, and it looks like residents have lost close to $40 million at the time of writing. This is a huge uptick from the number reported just last year during this time, which was around $20 million. Australia and Crypto… Not the Greatest Match? Throughout Australia, as much as $263 million has been lost to crypto scams. Federal police in Australia now refer to the growing...

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Arrêtez de gober le sirop que vous sert l’élite *

Traduction d’un article de Nayib Bukele, président du Salvador, publié le 30 septembre dans Bitcoin Magazine. Le 7 septembre 2021, le Salvador est devenu le premier pays de l’histoire du monde à adopter le bitcoin, la nouvelle devise mondiale. Retenez ces mots, car ils seront gravés dans l’histoire de la monnaie. Pourtant aujourd’hui, alors que l’on en est encore aux prémices de l’histoire, les opinions restent partagées. Faut-il...

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Rencontres autour de Bitcoin à Annecy et à Grenoble

Rencontres autour de Bitcoin à Annecy et à Grenoble dans le cadre des rencontres proposées par Découvre Bitcoin mercredi 5 octobre 2022 à partir de 19h00. Annecy – A la Brasserie du Parc, 12 rue Centrale à Annecy-le-Vieux – En savoir plus : Linkedin – Telegram – Twitter Grenoble– Au Family’s Pub, 3 Rue Saint-Joseph à Grenoble – En savoir plus : Telegram Au programme : Pourquoi Bitcoin ?–...

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Stellar Lumen (XLM) Price Remains In Uptrend Above $0.114

Stellar lumen price started a fresh increase above the $0.1100 resistance zone against the US Dollar. XLM price is now trading above $0.1140 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.1080 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.1160 and $0.1140 support levels. Stellar lumen price is trading above $0.1140 against the US Dollar, similar...

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Ripple Price Analysis: Bulls Aim Fresh Increase To $0.55

Ripple price started a downside correction below $0.50 against the US dollar. The price is now trading below $0.4800 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.4640 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise again if it stays above the $0.4200 and $0.4000 support levels. Ripple price is correcting gains from $0.520 against the US Dollar, unlike bitcoin. XRP...

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India’s ED Freezes $1.6 Million in BTC of Accused in Gaming App Fraud

In a two-year-old gaming app fraud case, the top Indian financial crime investigating agency has frozen 85.9 bitcoins, equivalent to $1.6 million, held in an account on Binance. Separately, it also froze WRX, the native coin of WazirX, and USDT together, worth nearly $550,000. Earlier this month, the agency raided several premises in Kolkata in this case and recovered Indian currency equivalent to $2.2 million. The accused in this estimated $8.5 million scam is 25-year-old...

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