Cryptocurrency Analysis and News Portal
Litecoin, like Bitcoin, uses a “proof-of-work” security mechanism – relying on “miners” who expend computational resources to process transactions and secure the network. During that process, miners win rewards – a combination of variable transaction fees and a predetermined “subsidy” that gets halved approximately every four years. (With Litecoin, they
Read More
The exploiter is probably earning yields on staked cryptocurrency. Source
Read More
Cryptocurrency investors and traders have cashed out $7.7 billion from the stablecoin Tether (USDT) resulting in its market capitalization falling by 7.8% over the past seven days to $76 billion.The amount withdrawn from the top stablecoin is nearly double the $4.1 billion it held in cash reserves at the end
Read More
The Ukrainian government announces that $50 million in cryptocurrency was raised within a week since Russia began its invasion of Ukraine. The government has so far spent $15 million in donated cryptocurrency to buy military supplies. Ukraine Government Spends $15 Million in Crypto on Military Supplies Alex Bornyakov, Ukraine’s deputy minister of
Read More
Chobanian said on Sunday that a majority of the outgoing bitcoin is for small transactions and that the government is saving funds for some larger purchases. At first, bitcoin was sent out of the government wallet in small amounts (typically under $100). On Sunday, around $26,000 worth of bitcoin left
Read More