Bitcoin miners are raking in over $50 million daily, but is that a record? Let’s dive in. Miner Money: Block Subsidies and Transaction Fees Bitcoin miners earn their keep in two ways: Block Subsidy: This is a fixed amount of Bitcoin they get for adding a new block to the blockchain. The amount of Bitcoin…
A Kentucky crypto entrepreneur, once hailed as a rising star, is now facing serious charges after allegedly kidnapping and torturing a man to steal his Bitcoin. The Kidnapping and Escape John Woeltz, nicknamed the “crypto king of Kentucky,” was arrested in New York City. His victim, 28-year-old Michael Valentino Teofrasto Carturan, escaped from Woeltz’s luxurious…
Dogecoin has had a pretty good May, climbing 30%, but will it keep going up? Not according to one prediction. A Machine Learning Prediction A machine learning algorithm from Coincodex is forecasting a downturn for Dogecoin by the end of May. The algorithm’s specific predictions are: May 28: $0.220052 May 29: $0.217269 May 30: $0.214764…
Elon Musk’s X (formerly Twitter) is finally testing its new payment system, X Money. But despite years of hype, Dogecoin is nowhere to be found. A Limited Beta Launch Musk recently confirmed a very limited beta test for X Money. He emphasized the need for extreme caution, given that people’s savings are involved. This beta…
Falcon Finance, a synthetic dollar protocol, and HOT Wallet, a popular self-custody crypto wallet, have joined forces to bring easy access to high-yield crypto opportunities to everyday users. Bringing High-Yield Crypto to the Masses This partnership aims to integrate USDf, Falcon Finance’s stablecoin, directly into the HOT Wallet app. This means HOT Wallet users will…
A new bank fraud scheme is hitting senior citizens on Long Island hard. Authorities are warning residents to be on high alert. How the Scam Works Suffolk County Executive Ed Romaine recently announced that scammers are calling seniors, pretending to be their bank. They claim the victim’s bank account is under attack and their cards…
Cache Wallet, a revolutionary smart wallet, has launched its token presale, and it’s already a hit! Within just 72 hours, a whopping 60% of the presale tokens were snapped up. Solving Crypto’s Biggest Problem This new wallet tackles a major issue in the crypto world: lost access to funds. Cache Wallet is the first smart…
The US government is stepping up its investigation into allegations that three giant investment firms – BlackRock, State Street, and Vanguard – conspired to manipulate the coal industry, ultimately driving up energy prices for consumers. State and Federal Action Last November, eleven state attorneys general, led by Texas Attorney General Ken Paxton, filed a lawsuit…
Bitcoin’s price has been soaring, but something unexpected is happening: transaction fees are incredibly low. This is a surprising twist, as usually, higher prices mean more network congestion and higher fees. Surprisingly Low Transaction Fees Even though Bitcoin is trading above $109,000, transaction fees are incredibly cheap—under $1.50 per transaction, regardless of the amount. This…
According to Arkham Intelligence, the elusive creator of Bitcoin, Satoshi Nakamoto, holds roughly 1.96 million Bitcoin. That’s a whopping $120 billion at current prices, making them the 11th richest person in the world! This represents a staggering 5.2% of all Bitcoin ever mined. Satoshi’s Untouched Treasure The mystery surrounding Satoshi deepens. These Bitcoin wallets haven’t…
