Category : Bitcoin News

Bitcoin News

What Is Bitcoin And How Does It Work? - Forbes

What Is Bitcoin And How Does It Work?& & Forbes

Cramer dubs bitcoin collapse Crypto Monday, says many tech execs call it a con - CNBC

Bitcoin offices in Istanbul, Turkey, on May 11, 2022. Umit Turhan Coskun/NurPhoto via Getty Images CNBC's Jim Cramer called bitcoin's collapse Crypto Monday, in what he fears is Day 1 of a reckoning in the digital currency market. In speaking...

BlockFi, the Peter Thiel-backed crypto lending start-up, cuts 20% of its staff as bitcoin plunges - CNBC

The logo of cryptocurrency platform BlockFi. Budrul Chukrut | SOPA Images | LightRocket via Getty Images Crypto lender BlockFi is cutting around 20% of its staff as the company reckons with a dramatic downturn in digital currencies and heighte...

Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens — Warns ‘Don’t Buy This Dip’

Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that “The need to sell bitcoin to pay the bills will only get worse as the recession deepens,”...

What are the incentives behind mining different coins (i.e., profit-switching)?

Consider for example BTC and BCH (and possibly BSV) that are coins with significant market capitalization and share the same algorithm (SHA-256). We observe: (i) Large miners (or mining pools) divide their hash rate between BTC and...

Devere Group Predicts a Bull Run and ‘Significant Bounce’ for Bitcoin in Q4

The CEO of Devere Group, a financial advisory and asset management firm, has predicted a bull run and a significant bounce in the price of bitcoin during the fourth quarter of this year. Devere’s CEO Predicts a Bull Run in Q4 for Bitcoin Fina...

Why did Satoshi choose to start the block subsidy at 50 bitcoin per block?

While I don't have a definite answer to this question, having not seen anything written by Satoshi justifying this choice, an interesting property of starting the block reward at 50 is that, at the end of the 4-year halving period that generates X b...

Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks

Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects. Ivy Blocks, as it was named by the exchange, will focus on finding projects in seed stages to aid them via...

EU Nears Agreement on Crypto Regulations, Report Reveals

Authorities in the EU are moving closer to a deal on a legislative package tailored to comprehensively regulate the crypto market and related activities in Europe. According a media report, an agreement on the key legislation is likely to be reached...

Moneygram Launches USDC Crypto-to-Cash Program in Certain Markets

Moneygram, a remittance and payments company based in the U.S., has announced the integration of USDC, a dollar-pegged stablecoin, as a settlement asset for its cash to crypto and crypto to cash program. The company will first allow users to exchange...

Withdrawal Transaction Went to Mempool

I believe your BTC trader is a fake. They are a confidence trickster. They are trying to confuse you. They will ask you to pay an extra fee, they will keep inventing fees until you realise they do nothing but take money. For reference, all Bitcoin t...

Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation

Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. However, after the Terra stablecoin fallout, the fiat-pegged token economy lost $16.31 billion in value...

Meme Token King Dogecoin Lost 91% in Value Since Last Year’s High, DOGE Mining Revenue Plummets

After a prominent rise last year, 2022 has not been too kind to the top meme coin asset dogecoin. Currently, the father of the meme coin economy, dogecoin, has lost 91% in value since the crypto asset’s all-time high. Despite the drop, dogecoi...

EXPLAIN the bug

wallet.dat - EXPLAIN the bug - Bitcoin Stack Exchange Bitcoin Stack Exchange is a question and answer site for Bitcoin crypto-currency enthusiasts. It only takes a minute to sign...

EXPLAIN the bug [closed]

I did a rescan with the wallet.dat AND, I don't understand but there is nothing no funds..... not see on blockchain, THERE IS... I have the blockchain on my computer! in bitcoincore! And there should be... after rescan... so may...

Terra Dev Claims He Raised Concerns Over Do Kwon Bumping Interest From 3.6% To 20%

The Wu blockchain took to Twitter, explaining that the initial interest rate of the Anchor protocol was initially 3.6% until Do Kwon rejected it. Then, the Terra founder bumped the interest rate to 20% one week before deployment. According to the rep...

Kim Dotcom on the ‘Great Reset,’ Strong Russian Ruble Puzzles Economists, and More — Bitcoin.com News Week in Review

This week, entrepreneur and activist Kim Dotcom said the “U.S. is beyond bankrupt,” and minced no words about a potential “controlled demolition of global markets.” Meanwhile, American economists are intere...

Electricity Rates Increase 30% For Bitcoin Miners In Washington

As Bitcoin mining operations require more high degree of electricity than any other consumers, County Public Utility District (PUD) Commissioners have approved a bill this week to charge Bitcoin miners in Chelan County, Washington, with increased rat...

Show Me The Money! More Than 64% Of People Buy NFTs Just To Profit, Survey Shows

Many people are beginning to wonder whether it is really worth it to spend thousands or even millions of dollars on something that can be obtained for free on the internet, given the increasing popularity of NFTs. According to recent study conducted...

Is there a way to know how many of currently unconfirmed transactions in the MemPool is currently being attempted by other miners?

No one cares (about what other miners are exactly working on) Miners have no way of knowing the contents of block templates being used by other independent miners. There is nothing in the Bitcoin network protocol that provides for miners to share wh...

Report: Five South Korean Crypto Exchanges Respond to Litecoin MWEB Upgrade by Delisting the Coin

Five South Korean cryptocurrency exchanges recently said they will delist litecoin because the crypto asset’s Mimblewimble Extension Blocks (MWEB) upgrade violates the country’s laws. As a result, the exchanges’ users cannot use...

How do i recover account being used by not me?

Im in the beginning blocks before the 101, everything that was earn thr a contract, is still being used, i was on a samsung galaxy note 10, and devolped it to a note 10 plus plus, im using my name jaceprowell but its under jebidiah...

Crypto-Related Lawsuits Rising in Russia, Criminal Cases Increase by 40%

Courts in Russia are hearing a growing number of cases around crypto assets, a new study has shown. About two-thirds of them have been launched under provisions of the country’s Criminal Code but civil cases represent a large share as well....

Indian Government’s Chief Economic Adviser Warns of Danger in Crypto, Defi Without Regulation

The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of regulation. “We may not be fully aware or comprehend the kind of forces we are unleashing our...

Texas Feels Like Bitcoin Country (Maybe Because I Was There for a Bitcoin Conference) - CoinDesk

Another week. Another conference. Another dose of “wow – Bitcoin sure is cool.” The end of this past week was dominated by CoinDesk’s Consensus Festival, where around 17,000 people descended on Austin, the world’s hottest city (as far as I’m concer...

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