80,000 Bitcoin millionaires wiped out in the great crypto crash of 2022
The crypto crash has seen the number of Bitcoin millionaires decline by more than 75% since November last year.
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HM Treasury changes course on collecting data around unhosted crypto wallets
“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the Treasury update.
Bitcoin miners’ exchange flow reaches 7-month high as BTC price tanks below $21K
Bitcoin mining profitability has dropped by over 75% from the market top and is currently at its lowest since October 2020.
Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy
During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as…
UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation
On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been…
As LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93
As bitcoin dropped to fresh new lows on Monday, the price of terra (LUNA) slid by 33.3% during the last 24 hours. Moreover, the project’s stablecoin terrausd (UST) has lost…
MEP Stefan Berger: ‘Yes, we need regulations, but you still have to leave room to breathe’
In an interview with Cointelegraph, the German politician explains why some forces in the European Parliament have suddenly come out in favor of a Bitcoin ban.
Trezor investigates potential data breach as users cite phishing attacks
Numerous users on Twitter alarmed Trezor of an ongoing email phishing campaign specifically targeting Trezor users via their registered email addresses.
Mt. Gox wallet transfers 6,800 BTC as ex-CEO plans to redistribute $6B
Former CEO Mark Karpeles disclosed that the exchange had roughly 200,000 BTC in possession during the company’s closure, out of which the trustee sold 50,000 BTC for $600 million in…
Seven common mistakes crypto investors and traders make
Cryptocurrency markets are volatile enough without making simple, easily avoidable mistakes.