Search results by “bitcoin”

Bad news for Bitcoin, as its price has now dropped below $19,000. According to CoinMarketCap, the largest crypto is currently trading at $18,794. This is its lowest value in two months. And the last time before this July that Bitcoin’s price fell below $19,000 was in November 2020. The reason Bitcoin value is dropping concerns […]

BitcoinCopy ($BTCC) runs on the Binance Smart Chain and provides cheap and fast transfers which are five times faster than the ethereum network.

According to BTC.com, Bitcoin mining difficulty is increasing. In fact, the current mining difficulty is the highest it’s been since January, sitting at 30.97 trillion and 230 EH/s currently. When compared to a period just two weeks ago, this is a 9.26% increase. The escalating difficulty is linked to the rising number of Bitcoin miners. […]

In a zero-day attack, attackers have compromised Bitcoin ATMs manufactured by General Bytes. The ATM’s software was hacked so as to transfer funds to the hackers’ wallets instead. There’s still no information in regard to the amount that was stolen or the number of hit ATMs. General Bytes has since patched the fix, while warning […]

It pays to be nice. According to the company’s statement, the Bitcoin mining firm Riot has earned some $9.5 million, or 439 Bitcoin, just for pausing its Texan operations throughout July. Riot was rewarded by the Electric Reliability Council of Texas (ERCOT). The council called for crypto miners and other businesses to limit energy expenditure […]

In 2013, a UK citizen James Howells threw away a hard drive with 8,000 Bitcoin on it into a landfill somewhere in Newport, Wales. He did this by accident. Now, he wants his $176 million worth of crypto back. For that goal, Howells made a deal with two unidentified investors, worth $11 million. A part […]

Cryptocurrency adoption in Latin America continues. In the tourist town of Santa Lucia, Honduras, customers can now use Bitcoin to make purchases. The program, named Bitcoin Valley, was created by the town in cooperation with the crypto exchange Coincaex, Blockchain Honduras, and the Technological University of Honduras. The crypto exchange is providing the technological infrastructure […]

Companies Zebedee and Viker have joined forces to launch three classic games with a crypto twist. Namely, while playing Solitaire, Sudoku, and Missing Letters (a game similar to Wordle), players can now earn Bitcoin. Zebedee is a startup aimed at integrating Bitcoin into video games. Just recently, it secured $35  million in Series B funding, […]

Elon Musk’s Tesla company has sold 3/4 of its total Bitcoin holdings, worth some $936 million. The reason cited is the company’s loss of Bitcoin-related profit in Q2 2022. Following the news, Bitcoin’s value quickly dropped. According to Coinbase, its current price is $22,804. In comparison, on Wednesday, it stood above $24,000. Similarly, in the […]

The cost of Bitcoin mining is now the lowest its been in the past 10 months. According to JPMorgan, the costs of mining have shrunk from $24,000 in early June to $13,000. One reason for the lower cost of Bitcoin mining is the reduced consumption of electricity. According to Cambridge University’s energy consumption index, the […]