Bitcoin Miners Face Tough Times: Signs of Capitulation Amid Falling Revenues and BTC Sell-Off

Bitcoin miners are nearing capitulation due to shrinking profit margins and increased BTC sell-offs. Since the halving, miners have seen a 63% drop in daily revenues. As a result, miners are forced to sell their reserves.

Bitcoin Market Faces Turbulence Amid Investor Uncertainty and ETF Movements

Bitcoin has recently experienced significant sell-side pressure, leading to a substantial price drop and declining investor confidence. 

Mt. Gox to Begin Bitcoin and Bitcoin Cash Repayments in July 2024 After Decade-Long Wait

The rehabilitation trustee of Mt. Gox has announced that repayments in Bitcoin and Bitcoin Cash will commence in July 2024. Creditors have been waiting for over a decade to recover their funds. 

One Year of Bitcoin Payments in El Salvador

One Year of Bitcoin Payments in El Salvador

Despite the 60% price drop from last year, El Salvador is celebrating its first Bitcoin anniversary. The good news is that Bitcoin is still a legal tender in El Salvador – and so the experiment continues.  On September 7, 2021, El Salvador was the...

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KyberSwap Frontend Exploit, Hacker Stole $265K

KyberSwap Frontend Exploit, Hacker Stole $265K

A malicious Google Tag Manager (GTM) website code allowed a hacker to steal $265,000 of users’ funds. The hack was targeting whales’ wallets.  On September 1st, 8:24 PM UTC, KyberSwap discovered a bug in its website code which allowed hackers to...

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How to Judge an NFT Project: Lessons From Overhyped Projects

Why are NFT prices falling? What to avoid when buying NFTs from a crypto project? Remember the popular NFT collection called Bored Ape Yacht Club (BAYC)? This collection became extremely valuable in early 2022, but as of 2023, its popularity has faded, causing prices...

Reddit’s NFT Drive Nears Monumental 10 Million User Milestone

Revolutionizing the crypto and NFT landscape, Reddit's unique collectible avatars are on the brink of reaching a staggering 10 million users. Reddit, a social media site, is nearly hitting 10 million users who have its special profile pictures, called "Reddit NFTs."...

Ukraine Sells War Snapshots as NFTs

In an age of blockchain and crypto, the physical war in Ukraine could be funded by NFTs. Ukraine's Minister of Digital Transformation announced an NFT collection to illustrate the chronological events of the conflict between Russia and Ukraine.  The government of...

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