Bitcoin hashrate triples since June 28 as miners are coming back online after China’s crackdown while surging Bitcoin price makes the mining business wildly profitable. Bitcoin topped $50,000 on Monday, benefiting from simultaneous supply chain shortages and a crackdown from Chinese regulators – putting Bitcoin mining on par with profits near the coin’s April all-time-high….
According to a new CoinDesk report, Citigroup is actively recruiting traders to begin working with Bitcoin futures on the Chicago Mercantile Exchange and is awaiting regulatory approval. CoinDesk, citing two sources, including one within the bank, reported that Citi is planning to trade Bitcoin futures contracts on the Chicago Mercantile Exchange (CME). The bank reportedly…
A growing number of users of the popular crypto exchange Coinbase have found their accounts on the platform empty after hackers managed to gain access to them and drain their cryptocurrency wallets. According to a Tuesday CNBC investigation, thousands of customers across the country have lodged complaints against the company. One couple, for example, logged…
Only recently, the Cardano cryptocurrency has blasted into the top 3 by capitalization (it has since rolled back into 4th place, however). This is an incredible success for historically not the most popular crypto that doesn’t even use smart contracts. The ADA price has risen 49% over the past seven days. Thanks to this, Cardano…