[ad_2][ad_1] The cyber-thieves of the Bitfinex hack of four years ago continue to cash in, this time by transferring the equivalent of $ 4.1 million in bitcoin to an unknown wallet address. Whale Alert Cryptographic Monitoring Tool relationships that hackers moved 416 bitcoins (BTC) on June 11. The funds, valued …
Read More »Chainalysis crushes the claims of ISIS’s $ 300 million Bitcoin treasure
[ad_2][ad_1] Chainalysis, a blockchain analytics firm, has quashed many major terrorist financing charges using cryptocurrencies, including the recently revealed possibility that ISIS has a $ 300 million Bitcoin war chest. In a “fact-finding” report released Wednesday, the New York-based company pointed out that the media have sensationalized such terrorist financing …
Read More »Bitcoin Mining Markets Overheating: Ebang’s $ 41 Million Deficit, Bitmain’s Alleged 2020 Revenue
[ad_2][ad_1] Chinese mining platform manufacturer ASIC Bitmain reportedly grossed $ 300 million in revenue during the first quarter of 2020. Meanwhile, as Bitmain claims to regain market share, the Ebang company recently filed an application with Securities and Exchange. United States Commission (SEC) for Initial Public Offering (IPO) state. However, …
Read More »Iran licenses Bitcoin mining firm for $ 7.3 million, move to ease US sanctions
[ad_2][ad_1] Iran has issued a license to mine bitcoin to Iminer, a company based in Turkey. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH / s) in total. According to media reports, the miner spent $ 7.3 million on the creation …
Read More »Ripple’s XRP sales drop to $ 1.75 million as ODL network volume triples
[ad_2][ad_1] Ripple’s On-Demand Liquidity (ODL) payment network tripled in transaction volume in the last quarter according to the just released Q1 2020 XRP Markets report. The dollar value traded using ODL increased by over 294% which is good news for token holders with the report describing XRP liquidity as the …
Read More »CFTC requires the default after failing to find a $ 147 million Bitcoin Ponzi operator
[ad_2][ad_1] The US Commodity Futures Trading Commission (CFTC) has demanded that the alleged founder of the $ 147 million Ponzi scheme Control-Finance be declared default. On April 3, the CFTC filed for default after alleged founder and director of Control-Finance, Benjamin Reynolds, did not respond to the regulator’s complaint. CFTC …
Read More »Blockchain HIVE to double Bitcoin’s mining capacity through $ 2.8 million in shares
[ad_2][ad_1] A publicly traded bitcoin mining operator is set to double the size of its operations in a multimillion-dollar deal, largely funded through the sale of its shares. HIVE Blockchain announced via email this week that it is all set to acquire an existing 30 megawatt (MW) mining business in …
Read More »Crypto Industry’s $ 400 Million Cash & Stock Deal – Binance Acquires Coinmarketcap.com
[ad_2][ad_1] Popular cryptocurrency exchange Binance is allegedly in talks with the owners of coinmarketcap.com in hopes of buying the website for $ 400 million. People familiar with the matter explained that the acquisition will be announced this week and could be one of the largest purchases in the cryptocurrency and …
Read More »Ripple announces $ 200 million in funding to boost XRP cryptocurrency adoption
[ad_2][ad_1] Corporate cryptocurrency firm Ripple has announced $ 200 million in investment financing, which brings the blockchain tech firm’s total value to $ 10 billion, according to reports. The seven-year-old San Francisco-based firm created XRP cryptocurrency, Ripple payment protocol, and RippleNet exchange network in order to disintermediate cross-border financial transactions …
Read More »Criptopia Hack Update: approx. $ 16 million in Ethereum (ETH) and stolen ERC20 tokens
[ad_2][ad_1] January 15th of this year marked the first time that an exchange of cryptographers was violated in 2019. The exchange that was affected was New Zealand-based cryptopenia. The exchange has since been undergoing maintenance, as the Cryptopia team continues to assess the damages and losses incurred during the hack. …
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