An NFT trader lost thousands of dollars due to a “fat-finger” error after selling an in-demand Bored Ape NFT for just $3,000 instead of $300,000. In an interview with CNET, the trader said that he mistyped the price to 0.75 ether rather than 75 ether. The trader, known as MAX or “Maxnaut”, said that the error was due to a […]

Elon Musk’s love for Dogecoin is not at all new and yet again, the billionaire’s tweet has sent the cryptocurrency up more than 40% on Tuesday after he announced that Tesla Inc. (TSLA) will now accept DogeCoin as a form of payment for merchandise. Musk tweeted that his EV company will try out dealing in the meme-based cryptocurrency, “Tesla will […]

ZhongAn, the first web-based only insurance provider in the People’s Republic of China, has established its ZhongAn Internet Technology (IT) Services subsidiary. This auxiliary start-up will collaborate with the insurance firm as well as external partners to conduct further research on blockchain technology and build up artificial intelligence commonly known nowadays as AI, cloud computing and data-powered technologies. Open Platform […]

Mining farms are commonplace in the Bitcoin ecosystem and most of them offer different packages for hash power while mining for themselves as well. This is a touchy subject for many people, due to the sheer amount of scams that are popping up across the internet. This is why we want to ask you to practice due diligence and deeply […]

Bitcoin has been one of the most speculative digital assets in the crypto-sphere with contradictory price predictions from renowned experts and analysts. Despite the many failed predictions, few of them still stand tall. There have been instances where the consideration of Bitcoin for economic and financial analysis with the application of theories has been doubted. This is due to the […]

If you’ve recently been following digital currency news, then chances are that you’ve heard that one of the world’s biggest digital currency-based ransom attacks is currently underway. The ransomware attack, known by the name of WannaCry, has reportedly managed to infect over 220,000 computers in 99 countries so far, thus being referred to as unprecedented in its scale by the […]

A recent report by The New York Times (NYT) explains why there is currently a “Bitcoin boom” in the Empire State.  According to a NYT report published on December 5, cheap power and lax regulations have led to a Bitcoin mining industry to thrive in New York state. The report talks about a new Bitcoin mining business set to begin […]

Over the past 30 days, miners have been coming back to BTC in troves, and on Jul. 8, broke the all time record of 126 Exahashes. One reason behind the spike is the implementation of the latest mining hardware as a response to the increased difficulty-to-reward ratio caused by the halving event in May.  Newer mining models are far more […]