Category: Latest news

[ad_1] The cost of Bitcoin (BTC) is now cheaper than the cost of mining one Bitcoin, according to the Difficulty Regression Model. As per data obtained from Glassnode, the current cost of mining one Bitcoin is $18.8k, whereas the cost of one Bitcoin is $16,5771.8.  The Difficulty Regression Model is considered the ultimate distillation of…

[ad_1] Ankr Protocol (ANKR) revealed that a former team member carried out the Dec. 2 hack that led to a loss of around $5 million, according to a Dec. 20 statement. Ankr wrote that the former team member carried out the hack by using malicious code that compromised its private key when a legitimate update…

[ad_1] Bitcoin deep dive: 15M BTC in self-custody as Binance withdrawals peak, derivatives switch to ‘risk-off’ A weekly recap of key Bitcoin metrics affecting its price performance in the market, published every weekend. James Van Straten · 4 days ago [ad_2] Source link

[ad_1] Over the last 24 hours, the cryptocurrency market cap saw net inflows of $1.17 billion and currently stands at $812.5 billion — up 0.14%. Meanwhile, Bitcoin and Ethereum’s market cap grew 0.4% and 0.3%  to $324.83 billion and $148.89 billion, respectively. The top 10 cryptocurrencies posted a mixed performance over the last 24 hours.…

[ad_1] Waves (WAVES) founder Sasha Ivanov has begged all centralized exchanges to disable the futures markets for the digital asset in a Dec. 21 tweet. According to Ivanov, Waves does not need a futures market because it is a “breeding ground for FUD and making money off short positions.” The Waves CEO tagged the social…

[ad_1] Dogecoin is among one of the worst performers over the last 24-hours after Elon Musk confirmed he will resigned from the role of Twitter CEO. On Dec. 5, DOGE recorded a local high of $0.11172, but mounting sell pressure since then has resulted in 37% losses that bottomed at $0.07003 on Dec. 19. Source:…

[ad_1] Sam Bankman-Fried, founder and former CEO of FTX, has signed extradition papers, according to a report from Reuters on Dec. 20. The news publication obtained a statement from Doan Cleare, Acting Commissioner of Corrections at Fox Hill Prison, indicating that Bankman-Fried had agreed to extradition. Cleare said that Bankman-Fried signed the documents around noon…

[ad_1] Sasha Ivanov, the founder, and CEO of Waves Platform has announced that he will be launching a new stablecoin. Two things:– I will launch a new stable coin– There's gonna be a $USDN situation resolution plan set in motion before. — Sasha.waves (@sasha35625) December 20, 2022 Ivanov has previously taken on $500 million debt…

[ad_1] Taking place in Dubai, the industry’s newly-adopted “crypto-friendly” hub, we discussed Algorand’s technology and achievements, its plans in the middle east, the state of the market in the wake of recent events, and Algorand’s place in it all. Pleasant-natured yet direct, Sean doesn’t mince his words. During his earlier keynote speech, he addressed the…

[ad_1] An account with Silvergate Capital may have played a key role in FTX’s collapse this November, according to a Dec. 20 report from the Wall Street Journal. The newspaper cited three U.S. senators who said that an account at Silvergate “appears to be at the center” of FTX’s collapse. Those senators also said that…