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Hackers selling discounted tokens linked to CoinEx, Stake hacks

Blockchain analytics investigators have uncovered an individual linked to a cryptocurrency laundering operation that is offering stolen tokens at discounted prices from recent high-profile exchange hacks.Speaking exclusively to Cointelegraph, a representative from blockchain security firm Match Systems outlined how investigations into several major breaches featuring similar methods through the summer

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Kentucky Investigating 2 Proposed Contracts That Would Give Discounted Electricity to Crypto Miners

One proposed contract is between Kentucky Power and Ebon International, LLC, and would give discounted electricity rates to the Ebon Facility, a 250 MW cryptocurrency mining operation in Louisa, Kentucky. The second investigation is into Bitiki-KY, a 13 MW cryptocurrency mining facility in Waverly, KY. Bitki-KY already has a $250,000

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CleanSpark scoops up 1K+ mining rigs at ‘substantially discounted price’

Crypto mining firm CleanSpark announced the purchase of more than 1,000 Bitcoin miners amid the market downturn, reporting a “substantially discounted price” compared to that earlier in 2022.In a Thursday blog spot, CleanSpark said it had acquired 1,061 Whatsminer M30S rigs currently mining Bitcoin (BTC) at the Coinmint facility in

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Bitcoin is discounted near its ‘realized’ price, but analysts say there’s room for deep downside

There are early signs of the "dust settling" in the crypto market now that investors believe that the worst of the Terra (LUNA) collapse looks to be over. Viewing Bitcoin's chart indicates that while the fallout was widespread and quite devastating for altcoins, BItcoin (BTC) has actually held up fairly well. Even

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Traders on Paxful sell $16.2M of Bitcoin for discounted gift cards each week

A report published by Arcane Research has revealed that nearly half of Paxful’s trade volume comes from trade between Bitcoin (BTC) and gift cards.The report found that, “purchasing Bitcoin with gift cards has been the preferred solution on Paxful each month throughout the five-year span analyzed,” and in June accounted

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