Mt. Gox Transfers $2.19 Billion in Bitcoin Amid Complicated Repayment Process
TL;DR Mt. Gox has transferred 32,371 Bitcoin, equivalent to approximately $2.19 billion, to unidentified wallets. Of the 32,371 Bitcoin, 30,371 were sent to a specific...
Tag : Bitcoin
Ethereum ETFs Gain Institutional Support: Michigan Pension Fund Invests $10M
by jose
TL;DR Ethereum ETFs are gaining traction as institutional investors, including the State of Michigan Retirement System (SMRS), show increasing interest, with SMRS investing $10 million...
Semler Scientific Reports Strong Q3 Results and Expands Bitcoin Holdings
by Fernando
TL;DR Semler Scientific reported a net income of $5.6 million in the third quarter of 2024. The company acquired an additional 47 bitcoins, raising its...
Colorado Resident Loses $6,000 in Bitcoin to Fake Law Enforcement Scam
by Fernando
TL;DR A Colorado resident lost over $6,000 in Bitcoin to scammers posing as law enforcement. The scammers used identity spoofing and threatened arrest if the...
Riot Platforms Reports Strong Q3 2024 Earnings Amid Bitcoin Production Challenges
by Fernando
TL;DR Riot Platforms reported total revenues of $84.8 million in the third quarter of 2024. Bitcoin production remained steady at 1,104 BTC, despite the block...
AI Integration and Acquisitions Reshape the Bitcoin Mining Industry
by jose
TL;DR The Bitcoin mining industry is adapting to rising operational costs and the impact of the April 2024 halving, with the average cost to produce...
Bitcoin Surges Above $68,000 Amid Record Whale Holdings
TL;DR The price of Bitcoin has surpassed $68,000, supported by a solid support level at $65,500, coinciding with a historic record of over 670,000 BTC...
Bitcoin Whale from Satoshi Era Awakens After 14 Years
by Fernando
TL;DR A Bitcoin wallet inactive for over 14 years has been reactivated, achieving a gain of 169,358,650%. It contained 50 BTC, which in 2010 were...
Bitcoin Surge Triggers $135 Million in Liquidations
by jose
TL;DR Bitcoin’s Surge: Bitcoin’s value surged towards $70,000, causing over $135 million in liquidations within 24 hours, impacting 54,843 traders globally. Market-Wide Impact: The majority...
Gold Tokenization on Bitcoin Blockchain: A Revolutionary Step in Asset Investment
fTL;DR The crypto industry has achieved the tokenization of a 1-ounce gold bar on the Bitcoin blockchain using the Ordinals protocol. This innovation allows gold...
