On the 30th of July, four Curve Finance pools were exploited due to a re-entrancy bug made possible by the Vyper programming language. The hackers attacked four mining pools and made off with a total of $73.5 million. Almost immediately, the community sprang into action – Curve itself extended the standard olive branch, offering to treat the incident as a white hat incident in return for 90% of the stolen funds being sent back. Meanwhile, genuine white hats also went after...
Read More »With Bitcoin Spot ETF Approvals, Halving and Incoming Upgrades, What Should You Expect from BTC in 2024?
The timing aligns perfectly in 2024 for a spot ETF approval to have already attracted significant investment, and then the halving decreases Bitcoin’s supply right when demand shoots higher. After yet another banner year in 2023 with over 150% gains, all eyes are on Bitcoin (BTC) to see if the flagship cryptocurrency can sustain its epic run in 2024. Key factors stacking up in Bitcoin’s favor for the coming year have analysts extremely bullish on its prospects. From the possibility of the...
Read More »Marathon Digital (MARA) Stock Surges Over 628% YTD amid Significant Drop from ATH
Recent reports demonstrate that Marathon Digital has been eager to expand its business. The stock of Bitcoin mining company Marathon Digital Holdings Inc (NASDAQ: MARA) has so far seen remarkable growth in 2023. This follows after it surged 628.82% since January 1 to bring its current price to $26.47 on MarketWatch. Although the stock price shows a major decline from its all-time high of $166.40, it also indicates an appreciable gain over the last 12 months. The rise of MARA, however,...
Read More »Here’s How Much Miners Are Profiting From The BRC-20 Explosion
The new BRC-20 token standard has driven Bitcoin (BTC) transaction fees through the roof – and the network’s miners are reaping every satoshi as added profit. Data from the HashRate Index shows that the world’s largest Bitcoin mining pools have earned roughly one-third of their profits from transaction fees alone within the past three days. BRC-20: A New Source Of Miner Revenue Foundry USA – the largest mining pool boasting 26% of market share – has earned an average of 3.23...
Read More »Bitcoin Miner Hut 8 Agrees to Build New Site for Celsius Creditors
The deal with Hut 8 comes after Celsius recently obtained approval from the bankruptcy court to transition into a Bitcoin mining entity that creditors will solely operate. Bitcoin (BTC) mining company Hut 8 has entered into an interim agreement with the bankrupt crypto lender Celsius Network to construct and deploy new mining operations in Cedarvale, Texas. This collaboration is a key component of Celsius’s ongoing bankruptcy proceedings, designed to foster positive relations with its...
Read More »Crypto Stocks Down during Pre-market Hours as BTC Price Drops to $41K
With the Bitcoin mining landscape gaining steam, the competition is heating up and the most positioned miners will be the biggest beneficiaries moving forward. Today the price of Bitcoin (BTC) is down. The major crypto asset is treading below $41,000 this morning. The main crypto stocks in the pre-market are also in the red zone. Coinbase Global Inc (NASDAQ: COIN) is down 3% and is trading at around $143. MicroStrategy Inc (NASDAQ: MSTR) stock is down over 3%, trading at $551. Marathon...
Read More »Was passiert, wenn den Bitcoin-Börsen die Bitcoins ausgehen?
Bitcoin und Gold gegen die Teuerung? In der Welt der Kryptowährungen ist Bitcoin (BTC) eine führende Währung, die für ihre Volatilität und ihr enormes Wachstumspotenzial bekannt ist. Doch was geschieht, wenn Bitcoin-Börsen plötzlich keine Bitcoins mehr zum Handel anbieten können? Ursachen der Knappheit Einer der Hauptgründe für eine mögliche Knappheit an Bitcoin an Börsen könnte die zunehmende Tendenz der Investoren sein, ihre Bitcoins langfristig...
Read More »Blockchain Life 2024 will gather a record 8000 attendees in Dubai
On April 15-16, Blockchain Life 2024 is going to prove its status as one of the main crypto events of the year bringing together over 8,000 crypto enthusiasts and thousands of international companies in the globally recognized crypto capital of Dubai.Learn more and buy a ticket: https://blockchain-life.com/asia/en/ The event unites top crypto players from Web3, Cryptocurrencies and mining industries from 120 countries. What to expect: Premium community of crypto...
Read More »Das passiert wenn die 21 Millionen Bitcoin gemined sind
Wenn die letzten der 21 Millionen Bitcoin gemined worden sind, wird sich die Welt der Kryptowährungen wahrscheinlich grundlegend verändern. Bitcoin, die erste und bekannteste Kryptowährung, wurde so konzipiert, dass nur 21 Millionen Münzen jemals existieren werden. Diese Obergrenze ist ein wesentliches Merkmal, das dazu beiträgt, Inflation zu verhindern und Knappheit zu schaffen. Aber was passiert, wenn alle Bitcoins gemined sind? 1. Ende des Bitcoin-Mining Das Mining von neuen Bitcoins wird...
Read More »Bitcoin Halving: Ein Blick auf die Zukunft der Kryptowährungen
Das Bitcoin Halving ist ein faszinierendes Ereignis, das die Zukunft von Kryptowährungen beeinflusst. Es verringert das Angebot und hat historisch zu Preisanstiegen geführt. Dieses Event sendet eine klare Botschaft über die Bedeutung von Dezentralisierung und finanzieller Unabhängigkeit in der Welt der Kryptowährungen. Im stetigen Rhythmus erlebt die Kryptowelt ein faszinierendes Ereignis: Das Bitcoin Halving. Diese Halbierung der Belohnungen für...
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