Category: Uncategorized

[ad_1] Fox News host Tucker Carlson theorized that recent bullish market moves were due to the U.S. government buying Bitcoin to pay ransomware attackers. Specifically, Carlson linked the recent grounding of flights by the Federal Aviation Administration (FAA) to a cyber attack, postulating that “almost all ransoms like this are paid in Bitcoin.” On Jan.…

[ad_1] Wrapped Bitcoin (WBTC) supply on Ethereum (ETH) plunged by over 35% to 183,450 since Terra (LUNA) collapsed in May 2022, according to Glassnode data. WBTC’s market cap fell to as low as $3.10 billion in December 2022 from a peak of $13.03 billion in April 2022, according to CryptoSlate data. Source: Glassnode The chart above…

[ad_1] BitcoinMonthly active developers grew 5% YoY, despite a more than 70% decline in crypto prices in 2022, according to a recent crypto developer report from venture firm Electric Capital. The report also outlined more than 8% YoY growth in Full-Time developers. The report said: “Full-Time developer growth is the most important growth signal to…

[ad_1] Recently released court findings have revealed that FTX.com had $1.6 billion in crypto assets at the time of the bankruptcy petition. However, the total value of all assets recovered by FTX Debtors came to $5.5 billion, including cash, crypto, and illiquid securities. Source: FTX docket As $5.5 billion in total assets were recovered with…

[ad_1] Glassnode data analyzed by CryptoSlate shows that Marathon, Hut8, and Riot built the top three largest Bitcoin (BTC) pools, while Bit Digital recorded a 134% growth in reserves in nine months. BTC miners in 2022 BTC miners entered the year 2022 with resources acquired through cheap debt in 2021. The majority of them invested…

[ad_1] Kazakhstan’s share in the global Bitcoin (BTC) hash rate decreased to 6.4% since the first quarter of 2022, which brought the carbon emissions of the whole network down 10%, according to ClimateTech Vice Chair Daniel Batten’s recent analysis. Batten said that the mainstream media failed to reveal this impact, which proves that the BTC…

[ad_1] Bitcoin (BTC) mining difficulty rose 10% to a new all-time high of 37.59 T from 34.09 T on Jan. 15 The difficulty increase is the largest seen since October 2022, according to Bitrawr data. Source: Glassnode The significant rise on Jan. 15 exceeded almost all of the network’s difficulty increases in 2022 — only…

[ad_1] Binance assisted Huobi in recovering 124 Bitcoin (BTC) — worth $2.58 million — from the Harmony bridge hacker, according to Binance CEO Changpeng Zhao (CZ). The hacker previously tried to use Binance to launder the stolen funds, but the account was frozen, according to CZ’s tweet. The collaboration between the two exchanges also foiled…

[ad_1] According to Arkham Intelligence, Alameda Research liquidators were liquidated for the second time in three days in light of recent market movements. Alameda liquidators wrote off $15,000 of Curve DAO token (CRV) debt on Jan. 14 in exchange for 0.83 wrapped Bitcoin (WBTC) — or roughly $17,600 of their collateral. Alameda still holds a…

[ad_1] Bitcoin briefly surpassed $21,000 on Jan. 13 for the first time since the FTX saga started in early November. After a slight retracement early on Saturday morning, BTC is priced at $20,800 as of press time. $255m of spot Bitcoin was bought on Jan.13, while the liquidation of $240 million Bitcoin shorts liquidated sent…