Auto Added by WPeMatico

Several Sleeping Bitcoin Wallets Reactivate After Years of Inactivity

According to data, several longtime holders have recently reactivated wallets containing hundreds of bitcoins for the first time in years. One inactive address, created on April 1, 2013, transferred 126.65…

Continue ReadingSeveral Sleeping Bitcoin Wallets Reactivate After Years of Inactivity

Bitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days

Data indicates that we’re 96% through the journey to the next Bitcoin halving event, with under two months remaining until the reward for mining a block is reduced from 6.25…

Continue ReadingBitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days

Bitcoin Network Faces Downturn in Transactions and Fees as Halving Approaches

The volume of daily transactions on the Bitcoin network has seen a significant decline since Jan. 28, 2024, with numbers falling from peaks above 600,000 to below 300,000 transactions per…

Continue ReadingBitcoin Network Faces Downturn in Transactions and Fees as Halving Approaches

$1.7M in Quadrigacx Bitcoins Move, Court Trustee EY Says Transfers Were ‘Unauthorized’

On Dec. 19, the Twitter account Zachxbt revealed he discovered five cold wallets from the now-defunct Quadrigacx crypto exchange move 104 bitcoin. The following day, ‘big four’ accountancy firm EY,…

Continue Reading$1.7M in Quadrigacx Bitcoins Move, Court Trustee EY Says Transfers Were ‘Unauthorized’