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According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by Conor Grogan, a director at Coinbase, and while most of the transactions took place on Dec. 28, there was someContinue Reading

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Bitcoin consolidated marginally below $17,000, as market volatility remained high following the recent Federal Open Market Committee (FOMC) minutes. In December’s meeting, the U.S Federal Reserve agreed to maintain hiking rates, with inflation still near historic highs. Ethereum also remained close to recent highs on Thursday. Bitcoin Bitcoin (BTC) mostlyContinue Reading

Sat Symbol Design Options

The Bitcoin community has yet to agree upon a universal symbol for sats, the smallest division of bitcoin. But I think I might have a winner. This is an opinion editorial by Arman The Parman, a Bitcoin educator passionate about privacy. Bitcoiners are having trouble settling on a unanimous choiceContinue Reading

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Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific approximately $7.8 million for energy and hosting costs, as the crypto lender has been unable to make regular payments as outlinedContinue Reading