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Bitcoin
Bitcoin Hashrate Hits Historic 500 EH/s Peak
On November 22, 2023, data revealed that Bitcoin’s hashrate, as calculated on a seven-day moving average, attained an unprecedented level of 500 exahash per second (EH/s), which is tantamount to about 0.5 zettahash per second (ZH/s).…
Bitcoin User Unwittingly Pays $3.1 Million in Single Transaction Fee
Onchain data reveals a staggering incident where a bitcoin user inadvertently paid a fee of 83.65 BTC, amounting to a costly mistake of $3.1 million, in a single transaction. This blunder occurred in block 818,087, mined by Antpool, marking…
Bitcoin Sender Struck With $3.1M Transaction Fee, Largest in History
Someone paid $3.1 million in transaction fees for a bitcoin transfer on Thursday. Bitcoin miner Antpool was rewarded for mining the block, it received the standard 6.25 BTC as well as 85.2163 BTC in fees for all transactions included in…
BingX Rebrands to Forge Better Crypto Traders
PRESS RELEASE. BingX, a global leading crypto exchange, proudly announces the launch of its transformative rebranding initiative, solidifying its position focusing on trader empowerment. The rebranding reflects BingX’s commitment to…
Stitch Launches Payment Service Allowing Customers to Settle With Crypto in South Africa
A new product offering recently launched by Stitch, a South African payment service provider, now enables customers to settle transactions with crypto. According to Stitch, this new functionality makes it possible for customers to pay with…
First Mover Americas: Uniswap’s UNI Rallies and Bitcoin Holds $37K
The latest price moves in bitcoin and crypto markets in context for Nov. 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ghana’s Central Bank Names Eight Money Transfer Companies Operating Without Its Approval
The Bank of Ghana recently pointed the finger at eight money transfer organizations which are allegedly operating in Ghana’s remittances and forex market without its approval. The central bank also warned the public and regulated…
Bitcoin Supply Inactive For a Year Hits Record High of 70%
It appears bitcoin holders are not planning on offloading inventory at these price levels or any time soon, one observer said.
US Seizes $9 Million in Tether Allegedly Linked to Pig Butchering Crypto Scams
The U.S. Department of Justice (DOJ) has seized $9 million in tether (USDT) allegedly linked to “pig butchering” crypto scams. The Justice Department explained that U.S. Secret Service agents and analysts tracked the…
Congressman Calls for Gensler’s Removal After SEC Sues a Crypto Exchange Twice in 10 Months
A U.S. lawmaker has urged Congress to pass his bill that would fire U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. This call followed the securities regulator filing a second lawsuit against crypto exchange Kraken this…