Bitcoin miner Phoenix Group buys $187 million worth of miners from Bitmain

2024-1-15 03:20

Phoenix has disclosed an agreement to purchase $187 million worth of new Bitcoin mining rigs from Bitmain Technologies.

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worth bitcoin bitmain million phoenix technologies purchase

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Bitcoin Whale Moves 10,000 BTC to Binance, Potentially Signaling Another Dump

A Bitcoin whale has recently moved 10,000 BTC to Binance. The reason for the transfer is unclear — but could hint at more downside for the cryptocurrency market. The recent transfer was signaled by Twitter account @whale_alert, which notified the rest of the cryptocurrency community that 10,000 BTC — worth $80M at the time of […] The post Bitcoin Whale Moves 10,000 BTC to Binance, Potentially Signaling Another Dump appeared first on BeInCrypto.

2019-10-18 11:34


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Trigger-Happy Bitcoin Whales Send $24 Million in BTC to Two Exchanges

On Thursday afternoon, an unknown Bitcoin whale transferred more than $12 million worth of BTC to Bitfinex—prompting fears that those dealing with serious money are looking to cash out their BTC. Significant transfers of Bitcoin from an unknown wallet to a known exchange wallet are widely considered to be a strong bearish signal since arguably […] The post Trigger-Happy Bitcoin Whales Send $24 Million in BTC to Two Exchanges appeared first on BeInCrypto.

2019-10-18 22:59


$77 Million Worth of Bitcoin Locked in Sidechains, Unavailable for Use

Out of the total circulation supply of around 18 million Bitcoin, around 9661 Bitcoins are stuck in different sidechains, which are not lost but cannot be used either. These bitcoins are stuck in primarily 3 major side chains that include Liquid, Binance Chain and Wrapped Bitcoin (WBTC) sidechains. Side Chains are just like sister chains […]

2019-10-18 21:31


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Nevada man charged for allegedly running $11M Bitcoin Ponzi scheme

A man in the US has been charged for allegedly operating an $11 million Bitcoin Ponzi scheme. The US Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action yesterday, charging David Gilbert Saffron of Las Vegas, and Circle Society, Corp, with “fraudulent solicitation, misappropriation, and registration violations.

2019-10-17 14:34


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Hundreds charged after takedown of child exploitation site which made $730K in Bitcoin

A 23-year-old South Korean man is being accused of running the world’s “largest child sexual exploitation market,” which reportedly processed 7,300 Bitcoin transactions worth over $730,000. According to a criminal indictment unsealed today, the now-defunct English-language website known as “Welcome To Video,” featured over 250,000 child exploitation videos – approximately eight terabytes worth of horrific material.

2019-10-16 18:32