#BTC
506 articles found
Latest
Avalanche fans have reason to rejoice.
The amount of bitcoins locked on the Avalanche network recently surpassed that of the Lightning Network.
Snowtrace.io reports that Avalanche currently has almost 5,500 BTC, compared to less than 5,250 on the Lightning Network.
However, they are all still a long way from Ethereum, as the number of wrapped bitcoins in this network is close to 180 thousand coins. 
Almost immediately after Bankman-Fried was released on a $250 million bail, wallet activity started. Additionally, there are persistent online rumors that he is currently not in his parents' home wearing an electronic bracelet on his leg but rather somewhere in the Alameda office.
The public came to the conclusion that Curly-haired Sam was preparing a daring escape and gathering the cryptocurrency to bribe the regulators. Furthermore, similar emptying of the company's wallets was observed when Terra CEO Do Kwon vanished (by the way, where is Do Kwon now?)
And here's a rhetorical question: why did the regulators seize FTX accounts but not Alameda’s? Everyone can see that these two businesses are related because the same person managed (or, to be more precise, damaged) both of them. 
Tulip Trading's lawsuit against 16 BTC developers will be heard in a London court, according to the UK Court of Appeal.
If that isn not enough, consider that the plaintiff is Craig Wright, a computer scientist who claims to be Satoshi Nakamoto. And the Bitcoin community constantly criticizes him for this.
A Norwegian court ruled in October of last year that Wright had lied in an effort to support his claims of authorship of BTC. 
This day 12 years ago was marked as the first attempt to use Bitcoin as a payment mean.
The author of the ad wanted to sell a 1280x960 resolution picture for 500 BTC that he said would look great as a desktop background.
At that time 500 BTC worth $1. Today it is almost $12,000,000,000.
As we know, no one was ever interested in this offer. Crypto folks decided to spend their BTC on pizzas. 
A bitcoin miner with only 10 terahashes hardware capacity was able to get a new block by himself. The probability of such a jackpot with a similar hash rate is less than 0.00001%!
The miner's reward is 6.25 bitcoins per block, which is about $131,000 and many times than the old Asic costs.
However, if you feel an uncontrollable urge to run to AliExpress for energy-consuming equipment, remember that this example is a real miracle. 
Since MS started investing in cryptocurrency, this is the first bitcoin sale. According to a report filed with the SEC, the company liquidated 704 BTC worth about $11.8 million on December 22. The document states:
"MicroStrategy plans to carry forward capital losses resulting from this transaction against prior capital gains to the extent such carryforwards are available under applicable federal income tax laws."
Additionally, between November 1 and December 21, 2022, MicroStrategy bought another 2,395 BTC at an average price of $17,871, according to the report. Nigeria to legalize Bitcoin after an unsuccessful CBDC project
The Central Bank of Nigeria's initiative to launch the national digital currency, eNaira, proved to be a complete failure. The government decided to allow the usage of Bitcoin and other cryptocurrencies for investment purposes instead of banning them. 
Alex Holden, a hacker from Ukraine, has a singular gift for tracking down "bad russian guys" on the Internet. This week, he stole $25,000 in BTC from the russian dark web marketplace dubbed Solaris, and transferred the money to Kyiv charitable foundation "Enjoying Life".