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Cryptonews Tags Bitcoin

# Bitcoin (Page 323)

Grassroots Sports Body Accountancy Chief Says She Stole Public Funds to Pay for Bitcoin
 A South Korean local government official in charge of managing public funds for grassroots sports has admitted to embezzling over USD 367,000 worth of tax payers’ money – which she says she and her husband spent on crypto investments and internet gambling.KBC reported that the...
, by Tim Alper
Taiwan vs. Crypto, Uprise Might Compensate Some LUNA Losses + More News
 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________Regulation news Taiwan’s government reportedly wants to block citizens from making crypto purchases with...
, by Sumejja Muratagić-Tadić
3 Reasons Why 3 Arrows Capital Failed, Per Its Founders
 There were at least three major factors that lead to the collapse of the fund, according to the founders of Three Arrows Capital (3AC) Su Zhu and Kyle Davies.After five weeks in hiding, stating that they’ve gotten death threats, the founders spoke to Bloomberg, which described the duo...
, by Sead Fadilpašić
Lessons From the Meltdown: a Value Approach to Token Valuation
 Sebastien Laye is a French-American crypto-economist and entrepreneur in the financial services and real estate sector.__________In the aftermath of the 1929 crash in stocks and bonds, following a once-in-a-generation trauma, arose a whole new school of financial analysis that would blossom...
, by Sebastien Laye
Bitcoin Mining Difficulty Sees Its Biggest Fall in 12 Months
 Bitcoin (BTC) mining difficulty has just seen its largest drop in a year, helping miners increase their profitability during this harsh crypto winter. Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, dropped by 5% today. This brought it down...
, by Sead Fadilpašić
Ex-Coinbase Manager Charged With Insider Trading, Layoffs at Blockchain.Com, KuCoin Raises USD 10M + More News
 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________Legal news Ishan Wahi, 32, a former product manager at Coinbase, Nikhil Wahi, 26, and Sameer Ramani, 33, have...
, by Linas Kmieliauskas
Did Tesla Make Profit on its Bitcoin Investment?
 The electric car maker Tesla sold off 75% of its bitcoin (BTC) holding for “a realized gain” in the second quarter, prompting speculations on how this investment went for the company. The sale is believed to have been made at a price of around USD 29,000, higher than the lows seen...
, by Fredrik Vold
Bitcoin Pops Above USD 24K, Coinbase On Its Exposure to Celsius, 3AC, Voyager & Terra, ZIPMEX Zips Withdrawals + More News
 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Market news On Wednesday, bitcoin (BTC) returned above the USD 24,000 level for the first time in more than a month. At...
, by Linas Kmieliauskas
Q2 Saw Over 59% of Bitcoin Mining on Sustainable Energy Mix – Bitcoin Mining Council
 The global Bitcoin (BTC) mining industry had a sustainable electricity mix of 59.5% during the second quarter of the year, or slightly up compared with the first quarter, according to the latest quarterly survey conducted by the Bitcoin Mining Council.The survey, which collected data from...
, by Ruholamin Haqshanas
Bitcoin and Hard Assets Will Win as Inflation Rises, Novogratz Says and Sees BTC at USD 500K
 Bitcoin (BTC) and other hard assets will rise strongly in price as the world continues down a path of prolonged and high inflation, argued Mike Novogratz, founder and CEO of major financial services and investment management firm Galaxy Digital.Speaking at the Bloomberg Crypto Summit on...
, by Fredrik Vold
Andorra Taking Baby Steps Toward Crypto Adoption
 The microstate of Andorra is looking to make crypto and central bank digital currency (CBDC)-related moves with a legislative proposal that could eventually see the country issue its own token – and despite an initial setback, could push to adopt crypto-friendly policies in the near...
, by Tim Alper
NFT Warning, Bitcoin Mining Academy, Inflation in EU Heats Up + More News
 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Security news Yuga Labs, the team behind the NFT project Bored Ape Yacht Club, announced that their security team has...
, by Sead Fadilpašić
Crypto Turmoil Latest: 3AC Creditor List Unveiled and Celsius Asks Creditors to ‘Go Long’ on Crypto
 With coin prices still very tentatively recovering and some even forecasting the end of crypto winter, optimists will hope that the darkest days of the crypto crunch are behind us – but things are still hot in the world of the bankrupt duo Celsius (CEL), a crypto lender, and Three...
, by Tim Alper
South Korean Regulators Close the Net on Opportunistic Kimchi Premium Traders
 A South Korean financial regulator is set to go on the warpath in search of kimchi premium traders – and is vowing to bring suspected offenders to justice.As previously reported, the kimchi premium is a phenomenon in the crypto trading markets whereby bitcoin (BTC) and altcoins trade on...
, by Tim Alper
Crypto Winter Will End Before 2022 Is Out – Korbit
 South Korean researchers say that crypto winter will end before the financial year is over, but think that the US Federal Reserve’s attempts to bolster the United States economy could continue to influence crypto markets in the meantime.The research was carried out by the domestic...
, by Tim Alper
Bitfinex Hack Suspect Heather Morgan Cleared to Seek Job and Get Paid Over USD 10K a Month
 Heather Morgan, who was charged over laundering USD 4.5bn worth of bitcoin (BTC) stolen from the Bitfinex crypto exchange, won court approval to seek a new job while her case proceeds.According to a Bloomberg report, a US judge has approved Morgan’s request to modify the conditions of...
, by Ruholamin Haqshanas
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