Alpen Labs Launches Public Testnet for Bitcoin Financial System

Alpen Labs launched its public testnet on Monday, advancing efforts to build a native financial system directly on the Bitcoin blockchain. Bitcoin ZK-Rollup Testnet Goes Live With EVM Compatibility According to the Alpen Labs release shared with Bitcoin.com News, the testnet allows developers to experiment with Bitcoin-based financial applications previously confined to centralized services or … Read more

Largest Bitcoin Theft Ever? Chinese Mining Pool Hacker Now Ranks Among BTC Elite

Blockchain intelligence firm Arkham has revealed that the Chinese mining pool Lubian was the target of a sophisticated 2020 cyberattack in which hackers stole 127,426 bitcoin. A Timeline of the Attack Blockchain intelligence firm Arkham has said their on-chain analysis points to the Chinese mining pool Lubian as the victim of a sophisticated cyberattack in … Read more

Red Week for ETFs: Bitcoin Loses $643 Million as Ether Stumbles After Record Streak

A turbulent week saw bitcoin ETFs shed $643 million, their worst weekly performance since April, while ether ETFs added $154 million, despite Friday’s rout snapping a 20-day inflow streak. BTC Suffers Historic Outflows as ETH Momentum Slows Down After 20-Day Run The crypto ETF market experienced a week of extremes. What began with steady inflows … Read more

Bitcoin Flounders, But Clings to $115K

The cryptocurrency has recovered somewhat, after a tumultuous weekend that saw it plunge as low as $112K on Saturday. BTC Weathers the Storm, Holds Near $115K After a rollercoaster ride last week, bitcoin’s price fell off a cliff, tumbling to $112K on Saturday, before embarking on a journey back to $115K during pre-trading hours on … Read more

Bitcoin Price Watch: Bulls Fight to Regain Momentum After Pullback

Bitcoin’s price stands at $114,290 today, with a market capitalization of $2.27 trillion and a 24-hour trading volume of $25.01 billion. Over the past 24 hours, the price has ranged between $113,702 and $114,869, reflecting tight consolidation near key intraday resistance. Bitcoin On the daily chart, bitcoin has transitioned from a strong bullish rally—rising from … Read more

Grand Theft Satoshi: Bitcoin’s Creator Statue Lost and Found in Lugano

A statue of Bitcoin creator Satoshi Nakamoto, located in Lugano, Switzerland, which was presumed stolen for little more than a day, was found on the shore of a nearby lake. The alleged theft even spurred a bounty hunt, with Satoshigallery offering 0.1 BTC to anyone providing directions to its whereabouts. Satoshi Nakamoto’s Statue Lost and … Read more

Bitcoin Mining Powers Ethiopia’s $55M Surplus Energy Revenue: Report 

Ethiopia’s state utility generated $55 million from bitcoin mining using surplus hydropower, reinvesting profits to accelerate rural electrification projects. Ethiopian Electric Power earned $55 million over 10 months—18% of its annual revenue—by diverting otherwise wasted hydroelectricity to bitcoin mining operations, according to an Ethiopian Tribune report. The revenue funds strategic infrastructure development, expanding transmission lines, … Read more

Bitcoin Miners Raked in $1.66B in July—Best Haul Since April 2024 Halving

Bitcoin miners struck gold in July, hitting their highest earnings since the April 2024 halving. In fact, July’s mining income jumped approximately 19.42% higher compared to June. Bitcoin Miners Rejoice With July Windfall Bitcoin’s price action gave miners a much-needed boost last month, with July clocking in as their best payday since the April 20, … Read more