According to the latest “Cryptocurrency Crime and Anti-Money Laundering Report” by a blockchain analyst firm Ciphertrace , the impact of hacks and exploits that have moved into the DeFi realm is more than just the impact of classic centralized exchange hacks and other types of fraud. The company found that, on the whole, the cryptocurrency…
Proof-of-Stake (PoS) cryptocurrencies Cardano (CRYPTO: ADA) and Polygon (CRYPTO: MATIC) saw a major price growth following recent news that Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk is looking for an energy-efficient alternative to Bitcoin (CRYPTO: BTC). What Happened: Polygon saw its price increase by about 40% from a 24-hour low of $1.343 to a high…
US-based major crypto investment firm Pantera Capital CEO Dan Morehead claims that the price of bitcoin (BTC) still might double this year despite the energy concerns. BTC has been stuck in a trading range for a while now, and Morehead told Bloomberg TV that he thinks it will break out. In their earlier letter to…
Some Tesla investors, along with environmentalists, have been increasingly critical about the way bitcoin is “mined” using vast amounts of electricity generated with fossil fuels. Musk said on Wednesday he backed that concern, especially the use of “coal, which has the worst emissions of any fuel.” So how dirty is the virtual currency? Power hungry…
Ruja Ignatova of OneCOIN allegedly owns 230,000 bitcoins, worth more than $ 11 billion. Known as “The Crypto Queen”, she received bitcoins from a member of the royal family of the Emirates in Dubai, according to documents filed by victims of the Onecoin scheme Onecoin’s Cryptoqueen May Have $11 Billion in Bitcoin Onecoin’s Ruja Ignatova…
The influence of Elon Mask’s tweets on cryptocurrency, why mining Bitcoin is dangerous for the environment and what is happening with DOGE Bitcoin was pinned near its lowest in more than two months on Friday and headed for its worst week since February, while dogecoin leapt by a fifth as tweets from Tesla boss Elon…
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