second quarter – DIGIT INFO

Over $204M was lost in Q2 DeFi hacks and scams: Report

DIGIT — Tue, 27 Jun 2023 18:30:11 +0000

More than $208.5 million was lost initially, but approximately $4.5 million was recovered, making the total amount of unrecovered funds over $204 million.

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Worst quarter in 11 years as Bitcoin price and activity plunges

DIGIT — Fri, 01 Jul 2022 03:59:34 +0000

Quarterly returns on Bitcoin haven’t been this bad since it was trading under $20 in the early days of Mt. Gox, but the stock market isn’t faring so hot either.

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Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US

DIGIT — Thu, 15 Jul 2021 21:30:12 +0000

Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners from China to the United States. Bit Digital says after the Chinese government’s decision to ban bitcoin mining, the company “accelerated” its migration strategy to […]

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Bitcoin Price Watch: Currency Jumps to $6,900

DIGIT — Thu, 12 Apr 2018 03:12:00 +0000

Bitcoin is currently trading for just over $6,900. After a 24-hour period of hovering at $6,800, the price has seemingly increased by roughly $100. Last week, the price of bitcoin seemed to fall by $100 a day. This week, the opposite is true. We first saw bitcoin standing at the $6,700 mark on Monday following a weekend high of $7,000. It has since risen to $6,800 on Tuesday, and now $6,900 on Wednesday. Given its present route, one can’t help but hope the price will once again reach $7,000 tomorrow and show enthusiasts that the weekend rally, though small, wasn’t

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