Blogger ‘Bitfinex’ed’ Hires Legal Counsel to Fight Bitfinex Lawsuit

According to reports the infamous Twitter handle and blogger, ‘Bitfinex’ed,’ has hired the well-known attorney Stephen Palley to fight against the legal threats posed against the blogger. The legal counsel for Bitfinex, Stuart Hoegner suggested this past December that the blogger may face a lawsuit as Bitfinex said it wasn’t too pleased with the allegations. … Read more

Large Mining Farm Discovered in Abandoned Russian Factory

A large illegal facility for mining bitcoin was discovered by police in the Russian city of Orenburg. The farm has been set up on the premises of an abandoned factory. The masterminds of the crypto project have stolen electricity worth 60 million rubles. They risk years of imprisonment.    Also read: Bitmain Opens Repair Center … Read more

South African Google Searches for Bitcoin Spike Amid Economic Uncertainty

Economic uncertainty appears to have spurred a significant spike in the number of South African citizens engaging with bitcoin and cryptocurrency. As of this writing, South African Google searches for bitcoin currently comprising the highest in proportion to country among the top 66 countries by search traffic. Also Read: Physical Bitcoin Mining Hardware Store Bitmart Opens … Read more

Thomson Reuters and Marketpsych Launch Bitcoin Sentiment Index

Thomson Reuters Corp has announced the launch of a gauge tracking the sentiment of cryptocurrency traders. The metric will track and examine discourse regarding bitcoin on hundreds of major social media websites and news outlets in order to estimate the majority sentiment of the bitcoin and cryptocurrency markets. Also Read: The Bitcoin Misery Index: Finding An … Read more

Blockchain Technology Talk is Largely Nonsense

Every so often, corporate business blushes its latest fad speak. Disruptive. Paradigm shift. 2.0, 3.0. Game changer. For about half a decade now, blockchain technology has been the phrasing du jure among ecosystem corporatists and assorted scammers. It’s weak jingoism employed to disguise against real innovation, cryptocurrency. Blockchain is just a damn database, a giant … Read more

‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce

Over the past couple of years, there’s been a lot of discussions concerning the energy consumed by cryptocurrency mining. However, more recently mining operations have been using environmentally friendly methods and some of them are channeling the excess heat to do produce other goals. This week the co-founder of the trading platform Nakamoto X, Kamil … Read more

You have not selected any currencies to display