The world’s largest bitcoin options exchange, Deribit, was hacked for close to $28 million, according to an update from the company’s official Twitter account on Nov. 2. Deribit says that the firm’s hot wallet was drained just before midnight the day prior. Crypto Derivatives Exchange Deribit Loses $28 Million —Continue Reading
U.S. equities rallied following the FOMC’s 75 bps hike in interest rates, only to crash as Fed Chair Powell hinted at higher-than-expected terminal rates. The Federal Open Markets Committee, the U.S. central bank’s body responsible for setting monetary policy, raised interest rates by 75 basis points on Wednesday for theContinue Reading
The response to the dollar-based debt that rules the modern financial system was ghost money — but bitcoin is its true replacement. This is an opinion editorial by Ansel Lindner, an economist, author, investor, Bitcoin specialist and host of “Fed Watch.” Ghost money has a long history but only recentlyContinue Reading
Underlying disinformation exposed during Greenpeace USA’s “Change The Code” campaign only served to rally the Bitcoin community. This is an opinion editorial by Daniel Batten, a Bitcoin ESG analyst, climate tech investor, author and environmental campaigner. Growing up in the ’70s, our local council tried to put a rubbish tipContinue Reading
As the market hangs on the edge of continued rally or turning over, hawkish or dovish commentary may drive exceedingly volatile market reactions. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insightsContinue Reading
Bitcoin broke out of a range to reach almost $21,000. What’s happening with currencies around the world that may be influencing this price action? “Fed Watch” is a macro podcast, true to bitcoin’s rebel nature. In each episode, we question mainstream and Bitcoin narratives by examining current events in macroContinue Reading
The conference was a celebration of the values of freedom and sovereignty and a showcase of what makes the Bitcoin community great. This is an opinion editorial by Jessica Hodlr, COO of Plan B Passport and co-host of the “The Bittersweet Podcast.” Disclaimer: BTC Inc. is the parent company ofContinue Reading
Tesla, Spacex, and Twitter boss Elon Musk has decided to charge $8 per month for users of the social media platform to have a blue checkmark. “This will also give Twitter a revenue stream to reward content creators,” Musk explained, adding that “it is the only way to defeat theContinue Reading
Financial services giant Visa has set out to activate soccer fans for the upcoming World Cup Qatar 2022 with a non-fungible token (NFT) initiative. FIFA’s payment partner has teamed up with the governing body’s crypto sponsor to celebrate the planet’s most popular sport, art and technology. Visa and Crypto.com OfferContinue Reading
On Nov. 1, 2022, the bitcoin miner Cleanspark revealed it acquired 3,853 Bitmain-brand Antminer S19J Pro mining rigs for $5.9 million. According to Cleanspark, the company has purchased 26,500 bitcoin mining machines since the crypto winter started in June. Cleanspark Purchases 3,853 Antminer S19J Pro Units at $15.50 per TerahashContinue Reading
