Troubled miner returns 26,000 rigs to eliminate debt

“Basically, if you made a sale during the tax year and sold it at a loss, there is an advantage,” says Koinly’s chief tax officer. Crypto investors, especially those who...

Traders flinch after Ethereum price rejects at $2,000

Data shows that professional traders are somewhat skeptical about the strength of Ethereum's rally after ETH price plunged to the $2,000 resistance level. Ether (ETH) broke the $2,000 resistance on...

Blockchain technology can make micropayments finally functional

I recently found a 2014 article by Mark Andreessen on Bitcoin (BTC). In many ways, this is a vision (no wonder). I've been in this business for four years...

Umbrella Network launches on Ethereum with cross-chain bridge to BSC

The umbrella network for a decentralized oracle service was officially launched on Ethereum on Friday, paving the way for cross-chain transactions between the dominant smart contract platform and Binance...

Cointelegraph Consulting: Recounting 2021’s biggest DeFi hacking incidents

Compound Finance is just one of the latest victims of the DeFi hack in 2021. On September 30, Proposal 062 Token Misallocation Bug revealed a bug that caused $...

BlockFi confirms unauthorized access to client data hosted on Hubspot

New Jersey-based BlockFi has confirmed a data breach incident through one of its third-party vendors, Hubspot. The BlockFi Proactive Violation Warning is intended to prevent the reuse of user...

Hodlers and whales: Who owns the most Bitcoin in 2022?

Although the bitcoin blockchain is public, finding out who owns the most bitcoins in 2022 is not as easy as it should be. Here's what we know. One of the...

Did rapper YG flex a $30M BTC stack in his recent music video?

YG rapper Kynon Dequan Ray Jackson appears to be showing off a daring $30 million stack with Bitcoin (BTC) in his latest music video. The revelation looks like either an...

Fidelity exec says Bitcoin is ‘technically oversold,’ making $40K a ‘pivotal support’

A painful recovery in the Bitcoin (BTC) market earlier this week saw the price fall below $ 40,000 for the first time since September 2021. Many analysts expected the decline...

Reddit to reportedly tokenize karma points and onboard 500M new users

According to a newly hired Reddit engineer, the American social media giant Reddit can convert users’ karma points into Ethereum-based tokens (ERC-20) and attract 500 million new crypto users. A...