Thu, September 24

ZachXBT Levels Yet Another Allegation Against Lark Davis

Reportedly, Davis pulled $2.5 million out of Celsius before the firm filed for bankruptcy. Lark has endorsed Celsius before, sharing his appreciation for the brand. After being one of the marketers for the defunct cryptocurrency firm Celsius Network, crypto influencer Lark Davis managed to walk away with $2.5 million. Crypto

October 8, 2022 1 min read

Blockchain Developer Claims Finding Satoshi’s 0.1v BTC Codebase

For more than a decade, the original 0.1 Bitcoin coding attributed to Satoshi Nakamoto was believed to have been lost. While it is possible to retrieve bits and pieces of code by searching, doing so is incredibly challenging. Jim Blasko, a blockchain developer, said on Facebook on the 7th of

October 8, 2022 2 mins read

Crypto Market Fumbles Post U.S Unemployment Data Release

Pre-market trading saw declines of more than 1% for the S&P 500. Non-farm payrolls in the United States for September came in higher than forecast. When the September non-farm payroll report from the U.S. Bureau of Labor Statistics was made public, the price of bitcoin dropped by more than 4

October 7, 2022 2 mins read

Discounted Tariff For Crypto Mining To Be Eliminated in Norway

The finance minister of Norway, Trygve Slagsvold Vedum, has proposed that the government do away with a programme that gives crypto data centers a discounted cost on power. The Norwegian government made a proposal on Oct. 6 that might affect Bitcoin miners by making data centers in the nation pay

October 7, 2022 1 min read

Marathon Digital Reveals $81.3M Exposure To Compute North

Marathon does not build or manage its own mining facilities. Marathon noted that the company has the flexibility to move its miners to other sites. Marathon Digital, a Bitcoin mining company, reported $81.3 million in losses at the defunct data center Compute North in its most recent monthly report. The

October 7, 2022 1 min read

Bank of Brasilia Attacked by Ransomware Demanding 50 BTC

LockBit ransomware group has been one of the most prominent criminal organizations. The LockBit ransomware was recently updated to version 3.0. On October 3, ransomware infected the Bank of Brasilia, a government-controlled bank in Brazil. The hackers wanted 50 BTC in exchange for not releasing customer data. Local news outlet

October 7, 2022 1 min read

BSV Releases “Blacklist Manager” to Freeze Lost or Stolen BTC

‘Blacklist Manager’, the first software tool, has been released by Bitcoin SV. It enables the miners to freeze lost or stolen tokens by complying with court orders. The Bitcoin Association for BSV (Bitcoin Satoshi Vision) blockchain has released “Blacklist Manager,” the first software tool for freezing lost or stolen Bitcoin

October 7, 2022 2 mins read

Market Hawkishness Likely to Reduce Post U.S Jobless Claims

A surge in new unemployment claims may spark a cryptocurrency bull run. The cryptocurrency market’s future is being set by the state of the economy as a whole. Initial weekly unemployment claims data for this week have been provided by the US Department of Labor. The initial jobless claims increased

October 7, 2022 2 mins read

CME Group Files for Futures Commission Merchant Status

CME submitted the registration back in August. The CFTC has not yet granted FTX clearance organization status for derivatives. The WSJ stated that the CME Group, the biggest financial derivatives exchange in the world, has applied to become a futures commission merchant (FCM). According to WSJ writer Alexander Osipovich, CME

October 6, 2022 1 min read

EU Issues Fresh Sanction on Russia Including Crypto Services

Formerly, Russian citizens were permitted to hold up to 10,000 Euros in crypto. More billionaires, top military leaders, and propagandists have been sanctioned. The European Council of the EU issued the eighth round of sanctions on Russia on Thursday. All cryptocurrency wallets, accounts, and custody services are now illegal for

October 6, 2022 2 mins read