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"Bitcoin is an adversarial network, but on the flip side it's also a cooperative network," Lopp wrote on X. "Miners are humans too, and they realize that people make mistakes. While retaining egregious transaction fees makes for a nice short-term profit, returning those funds is the humane decision." Source
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With the Bitcoin (BTC) halving event less than a year away, several financial giants have filed applications for a spot Bitcoin exchange-traded fund (ETF) — a scenario last seen before the 2020 to 2021 bull run. Institutional interest in the sector dried up after major crypto giants such as FTX collapsed
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Decentralized finance (DeFi) platform Sturdy Finance has offered a $100,000 bounty to the hacker that exploited the protocol. The lending platform said that its team won't pursue the issue further if the attacker accepts the offer. On June 12, the DeFi platform suffered a loss of almost $800,000 in digital assets
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Reportedly, two of the top Dogecoin whales reduced their holdings by $1.4 billion during the three days the DOGE image appeared on the Twitter web. The Dogecoin (DOGE) community had a short-lived thrilling moment after tech billionaire Elon Musk removed a dog-themed logo from Twitter Inc. Three days ago Musk switched
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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During the winter storm in Texas in December 2022, Bitcoin (BTC) mining operators returned up to 1,500 megawatts of energy to the distressed local grid. It became possible due to the flexibility of mining operations and the ancillary services, provided by the state authorities. In his commentary to Satoshi Action Fund,
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Blockchain security firm Peckshield, citing “community intel,” said at the time that the exploit may have been a rug pull that made off with $12 million. Earlier today Certik, also a security company, said it had been unable to contact members of the team and posted a graphic indicating it
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Before its downfall, crypto exchange FTX and its then-CEO Sam Bankman-Fried had been some of the most prolific spenders in the space, bailing out crypto firms and donating to political campaigns and media outlets. With more than 1 million FTX creditors looking to be made whole, what’s happening with these
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A federal judge has ordered crypto lender Celsius to return crypto worth around $44 million to the platform’s custody program customers.According to Bloomberg, the verbal order was delivered by United States Bankruptcy Judge Martin Glenn in a Dec. 7 hearing, with the judge noting: “I want this case to move
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Bankman-Fried personally donated $40 million to largely Democratic candidates, while other FTX executives, including co-CEO Ryan Salame, donated to Republicans. Some, including Sen. Kirsten Gillibrand (D-N.Y.), who received at least $16,600 from Bankman-Fried, are rushing to wash their hands of the association with the suspect donations, promising to give the
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