Author: Crypto Insider

Breaking crypto news from the last week (26 June – 2 July 2021): 26 June: London police seized about £114 million ($158 million) of cryptocurrency, one of the largest hauls in history, which was being used to transfer proceeds of crime. As well the Metropolitan Police arrested a 39-year-old woman on suspicion of money laundering….

Bitcoin mining difficulty has seen its biggest downward adjustment in history as it drops 28%. More than 54% of Bitcoin’s hashrate, which reflects the collective computing power of miners around the world, has gone offline since its peak in May amid China’s crackdown against the crypto industry. Miners, who are still active, have to make…

We may not guess what markets will do next month or next year, but over the decades, it is pretty clear that they’ll grow. For most of us, it’s also getting harder to imagine a future without cryptocurrencies. Here are some experts’ views on what digital coins will look like decades from now. CNBC asked…

Dutch Football Team AZ Alkmaar has announced crypto broker Bitcoin Meester as its exclusive and official cryptocurrency partner and claimed the wider adoption of crypto. According to a statement posted Thursday on the club website, the Eredivisie side claimed crypto broker Bitcoin Meester as its exclusive and official cryptocurrency partner until 2024. As the announcement…

Bitcoin Cash ABC (BCHA), the cryptocurrency that has hard-forked away from both Bitcoin and Bitcoin Cash, has rebranded to “eCash” (XEC), as well as redenominating its token and launching a Proof-of-Stake (PoS) consensus layer. Bitcoin Cash ABC, the cryptocurrency born from several hard forks, has now relaunched as “eCash” and launching a Proof-of-Stake (PoS) consensus…

Sam Altman, the former president of Y Combinator, is working on a new cryptocurrency project. The token called Worldcoin will be distributed to everyone on Earth in exchange for their eye scans. The futuristic idea already has attracted many backers in Silicon Valley, including VC investment firms Andreessen Horowitz, Day One Ventures, and LinkedIn co-founder…