Bitcoin mining is becoming vastly more decentralized in 2021

Data shows anonymous entities becoming an ever larger force on the Bitcoin mining scene this year and last. Bitcoin (BTC) has become considerably more decentralized in the past year, one metric suggests — and the trend is growing.According to data from on-chain data resource Blockchain, hash rate distribution is increasingly favoring small, unknown miners. Small guys increase slice of mining pieDespite the past twelve months seeing a large price run-up, Bitcoin miners have not become more “corporate” — mining is actually seeing more anonymous, small-scale entities join in.Looking at hash rate distribution, the trend is in evidence ever since the March 2020 crash, and this year has gathered pace.

Bondly Finance urges users to stop trading following alleged exploit

The DeFi platform’s native token price dropped more than 60% following a compromise by an unknown party.

Bitcoin miner revenue jumps by 50% in 4 days since record difficulty drop

It's a tale of two Bitcoins as active miners reap the benefits while others remain completely offline. Bitcoin (BTC) miner revenue jumped after the network saw its biggest-ever difficulty drop, data shows. According to figures from monitoring resource Blockchain, daily revenues have surged by over 50%."Interesting dynamic" hits Bitcoin miningBitcoin mining is currently in a unique state of flux — around half the hashing power is offline as miners relocate from China, and it remains unknown how quickly they will be able to come back online.At the same time, those miners unaffected by the Chinese rout have seen half their competitors disappear overnight and profitability has gone up as a result.With data now coming in for the past few weeks, the scale of the changes is plain to see.

Top Trader Mega Bullish on Cardano, Says Three Little-Known Altcoins Could Be Gearing Up for Big Rallies

A high-profile pseudonymous crypto trader is sharing his bullish takes on Cardano (ADA) and three relatively unknown altcoins.

This unknown cryptocurrency soared by 164,842% in hours, only to crash 99%

One random cryptocurrency's market valuation jumped by billions of dollars in just three hours, reaching the 17th spot on the top crypto index.

Why bitcoin and crypto regulation is not a priority for US Treasury Secy

As the crypto-community on Twitter was sinking into the unverified headline that stated the US Treasury Department was set to crack down on a number of unknown banks for their activities related to th The post Why bitcoin and crypto regulation is not a priority for US Treasury Secy appeared first on AMBCrypto.

Bank of England and UK Parliament get 'Bitcoin fixes this' treatment

The BoE has recently taken greater steps towards the rollout of a central bank digital currency. One crypto user is seemingly taking exception to current monetary policy from the Bank of England, or BoE, and expressing their frustration with a laser projector. Reported by Twitter user Dominic Frisby, an unknown person projected “Bitcoin fixes this” and other messages on the exterior walls of both the BoE and the Parliament of the United Kingdom on Saturday.

Tom Brady Football Card Sold For $1.7 Million in Litecoin

An unknown buyer used Litecoin to pay for a football card of the legendary quarterback Tom Brady worth $1.68M.

Someone Paid USD 1.7M In Litecoin For Tom Brady Football Card

Source: Twitter/@GoldinAuctions In what is called one of the largest "hard asset" transactions to be paid entirely in cryptocurrency, an unknown buyer purchased an autographed Tom Brady football card for about USD 1.68m worth of litecoin (LTC) at an auction hosted by Goldin Auctions. The auction house says this marks the most expensive item to be paid in crypto since the company began

The perils of suing crypto exchanges after ransomware attacks

As seen in the case of AA v. Bitfinex, targeting a crypto exchange over stolen funds is a high-risk, low-reward proposition. In October 2019, unknown hackers infiltrated a Canadian insurance company by installing the malware BitPaymer, which encrypted the firm’s data and IT systems.

2016 Bitfinex hackers move BTC worth over $623M to unknown wallet

While the 14th of April was a big day for the crypto-community thanks to Coinbase's listing developments, the day also saw news of an old hack rear its head again.

Over 10,000 blacklisted BTC from 2016 Bitfinex hack on the move

While the hacker will find selling their BTC difficult, the transfers may be contributing to a volatile day in the markets. A tranche of long-dormant Bitcoin seized in the 2016 hack of the Bitfinex cryptocurrency exchange are on the move today, an over $620 million sum that has some market participants spooked and may be contributing to a downward slide for Bitcoin.  Blockchain analytics bot Whale Alerts was the first to raise the alarm, calling attention to a series of over five dozen transactions from wallets that have largely been inactive since the 2016 hack: ⚠ ⚠ ⚠ ⚠ ⚠ ⚠ ⚠ 1,241.37 #BTC (78,246,494 USD) of stolen funds transferred from Bitfinex Hack 2016 to unknown wallethttps://t.co/yLsJDXUBvE— Whale Alert (@whale_alert) April 14, 2021 The largest transaction was for 1,241.3672 BTC, worth well over $78 million (for which the hacker paid a 0.00072910 BTC fee, or roughly $45), though other transactions were for as little as 1.5 BTC.

Over $750 Million in Bitcoin from the 2016 Bitfinex Hack Moved Today

On Wednesday, after bitcoin prices touched a new all-time high, thousands of bitcoins from the August 2, 2016, Bitfinex hack were transferred to unknown wallets.

Christie's to Sell 9 CryptoPunks, While USD 6.3M is Placed on 16 Punks

CryptoPunks. Source: A screenshot, christies.com Major auction house Christie's will hold a non-fungible token (NFT) CryptoPunks sale, while an unknown collector (possibly in making) placed millions of dollars in bids for sixteen Punks.

Three Virtually Unknown Altcoins Are Ready To Erupt, According to Crypto Trader Tyler Swope

Cryptocurrency trader and YouTuber Tyler Swope is naming three relatively undiscussed altcoins that he believes will likely break out in the short-term.

These Unknown Crypto Gems Are Poised To Explode, According to Trader Tyler Swope

Crypto analyst Tyler Swope thinks traders should pay attention to two little-known altcoins amid soaring interest in non-fungible tokens (NFTs).

Binance Smart Chain Put to Political Test, as More ETH-Based Projects Use It

Tank Man (also known as the Unknown Protester or Unknown Rebel) is the nickname of an unidentified Chinese man who stood in front of a column of tanks leaving Tiananmen Square on June 5, 1989, the day after the Chinese military had suppressed the Tiananmen Square protests.

Top Crypto Analyst Says He Plans To Build Large Position in This Relatively Unknown Altcoin

A prominent crypto strategist and technical analyst is revealing his plan to build a big position in an under-the-radar altcoin.  In a new tweet, the pseudonymous analyst known as Cantering Clark tells his 53,000 followers that he’s looking to accumulate a new breed of crypto asset that targets both users of the decentralized finance (DeFi) […] The post Top Crypto Analyst Says He Plans To Build Large Position in This Relatively Unknown Altcoin appeared first on The Daily Hodl.

BTC Price Analysis as Whale Alerts Indicate More Institutions Buying Bitcoin

As Bitcoin soared to a new all-time high of $57,808, over a billion dollars’ worth of BTC has left Coinbase to unknown wallets.

Russia has imported its largest Bitcoin miner batch

An unknown client in Russia has stacked 20,000 Bitcoin miners at one of BitRiver’s locations in Siberia.

Ethereum Whale Says This New Crypto Asset Could Follow YFI’s Parabolic Rise

An Ethereum whale who is known in the industry for his massive trove of ERC20 tokens says that a relatively unknown crypto asset could be the next yearn.finance (YFI).

Crypto Trader Elliot Wainman Says Four Virtually Unknown Crypto Projects Set To Grow Dramatically

Crypto analyst Elliot Wainman is spotlighting four little-known altcoins that he believes have massive growth potential.

Dalio Expects to Soon Offer Alt-Cash Fund, Says ‘Bitcoin Won’t Escape Our Scrutiny’

"Bitcoin looks like a long-duration option on a highly unknown future that I could put an amount of money in that I wouldn’t mind losing about 80% of," Dalio said.

Bitcoin whales are moving funds fast - What's next?

Bitcoin whales who accumulated the crypto-asset at $33,000 and $31,000 price levels have moved their funds to unknown locations and private wallets.

Ethereum price finally beats its 2018 all-time high, surpassing $1,428

A three-year hodl for Ether investors finally comes good as the largest altcoin surges into unknown territory on Tuesday. Ether (ETH), the largest altcoin by market cap, finally reached new all-time highs against the US dollar on Jan.

Bitcoin at $300k achievable? this analyst thinks so

The 2021 bull run of Bitcoin has pushed the digital asset to an unknown territory with regard to price discovery.

Bitcoin turning 12: From the Genesis block to Wall Street adoption

The Bitcoin network as we know it today officially kicked off exactly 12 years ago when Satoshi Nakamoto released the first software client. Satoshi Nakamoto, the unknown Bitcoin creator, released the first client network on this day 12 years ago, officially kickstarting what is perhaps the greatest monetary revolution of the 21st century.  Six days prior, on Jan.

Dormant Stash of 1,000 Satoshi-Era Bitcoin Awakens As Unknown Holder Moves Crypto Fortune

A trove of Bitcoin created more than ten years ago worth millions of dollars is on the move seemingly out of nowhere.

Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan

Decentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens.

3 Little-Known Crypto Assets Surge Over 430% After Receiving Sudden Support From Binance

Three relatively unknown crypto assets have erupted after receiving support from the global crypto exchange Binance.

Costly Mistake? Someone Paid 3.5 BTC Worth $80K To Transfer $1 on Bitcoin’s Network

An unknown user paid over $80,000 in fees when transferring $1.16 worth of BTC to another wallet.

An Unknown User Incurs More Than $80,000 in Transaction Fees When Sending BTC Worth $1

An unknown person incurred a transaction fee of more than $80,000 or (3.49079570 bitcoins) when transferring bitcoin worth $1.16.

Crypto Holder Just Paid $82,000 in Fees to Send $1.18 in Bitcoin

An unknown crypto investor just paid tens of thousands of dollars worth of BTC to move a minuscule amount of Bitcoin.

New Crypto Asset Built on Ethereum Surges to $500,000,000 Market Cap Hours After Launch

A relatively unknown crypto asset that was conceived in 2017 just witnessed its market capitalization soar to more than $500 million in less than 48 hours after its launch.

Founder of DeFi protocol Nexus Mutual gets hacked for $8M

The protocol is safe, but its founder lost his stash of 6% of all tokens. An unknown attacker stole $8 million from the personal wallet of Hugh Karp, the CEO of DeFi coverage platform Nexus Mutual.

Crypto Traders Tracking Two Massive Bitcoin and XRP Transactions – Here’s Where $483.9 Million in Crypto Is Heading

One of the largest Bitcoin wallets on record just transferred roughly 21,315 Bitcoin worth about $400 million to a separate unknown wallet.

Crypto Newcomer That Surged 373% Remains Massively Undervalued, According to Analyst Josh Rager

Crypto strategist and trader Josh Rager is putting the spotlight on a relatively unknown crypto asset that is quietly printing serious gains.

Into the Unknown: Why Traders Are Cautious After the Launch of Ethereum 2.0

Its arrival has been long-awaited in the crypto landscape, but Ethereum 2.0 entered the market to a muted response amid significant levels of volatility.

Solana Devs Call ‘All Hands on Deck’ as Unknown Bug Stops Block Production

Solana, a proof-of-stake (PoS) blockchain spearhead by FTX CEO Sam Bankman-Fried, is "stuck" due to an unknown issue.

Ethereum contracts fail on Bybit, reason remains unknown

The value of the second-largest digital asset has been peaking at $623 due to an accelerating price since October.

Top Crypto Analyst Says Two Little-Known Altcoins Offer Massive Entry Opportunities, Outlines What’s Next for Bitcoin and Ethereum

Closely-followed crypto strategist and trader Michaël van de Poppe is unveiling two relatively unknown altcoins that offer massive entry opportunities.

Prominent DeFi Coin Pickle Finance Plunges 50% in Wake of Attack

Holders of Pickle Finance’s native coin PICKLE are currently suffering from a 50% drawdown after the protocol was attacked by an unknown user.

Ouch – Bitcoin Investor Just Paid $47,000 in Fees to Move $194 in BTC

An unknown Bitcoin investor is paying tens of thousands of dollars in transaction fees to move a small amount of BTC.

Someone Just Made a $47,000 Mistake With Bitcoin

An unknown transferer has just paid around $47K in fees to make a $194 Bitcoin transaction.

Value DeFi protocol hacker flooded with sob stories after returning $95K DAI

“These are all my savings. I hope you can return it to me.” On Nov 14, an unknown party exploited flash loans via the decentralized finance protocol Value DeFi to the tune of $5.4 million.

Analyst Says Two Virtually Unknown Crypto Projects Poised for Major Growth

Crypto analyst Lark Davis says he’s bullish on two new, low-cap altcoins.

Grin Network Victim of 51% Attack, Unknown Miner Commands 58% of the Hashrate

The privacy-centric cryptocurrency network Grin (GRIN) has been the victim of a 51% attack according to a number of reports.

Grin network hit with 51% attack while GRIN token remains resilient

An unknown mining group currently controls more than half of the Grin blockchain’s hashing power.

TRON’s Justin Sun Reveals An Unsuccessful Attack On The Network, All Funds Are SAFU

An unknown actor has unsuccessfully attacked the TRON network during a mainnet upgrade, Justin Sun revealed.

Crypto Newcomer Soars 1,125% After Receiving Big Boost From Binance

A relatively unknown crypto asset has soared after getting a burst of support from the crypto exchange Binance.

A New Company Claims It’s Opening the Biggest Mining Farm in Russia

MineSpot, a company previously unknown in the crypto mining industry, is opening a 160-megawatt mining venue in Siberia.

Filecoin Offering: Community Alleges Token Dumping, Tron’s Justin Sun Wants the US SEC to Investigate

The recent Filecoin (FIL) token offering is creating controversy as some crypto community members are alleging that an unknown account has received 1.5 million tokens when only 500,000 were due for unlocking.

Diginex: An Early-Stage Cryptocurrency Exchange With High Aspirations

Diginex’s operations and filings can give us deeper insights into the exchange industry, historically unknown to the public.

Bomb Threats in Japan Prefectures Demand Bitcoin Ransoms

An unknown individual has threatened 18 Japanese prefectures with bombs unless Bitcoin ransoms are paid.

Satoshi-Era BTC Worth $11.3 Million Moved for the First Time in 10 Years

1,000 BTC mined during the time when Satoshi Nakamoto was still active and not moved since have been transferred to a set of unknown addresses yesterday.

A Version of Bitcoin’s Lightning Has Unknown Vulnerability

Newly discovered potential exploits affect older versions of Lightning Network Daemon software, said Lightning Labs.

Hacker from the 2016 Bitfinex Breach Transfers $21M Worth of Bitcoin to Unknown Wallets

On Wednesday morning (ET), around 2,034 BTC ($21.6 million) from the 2016 Bitfinex hack moved into a few unknown wallets.

Bitfinex hackers move another $30M in stolen Bitcoin from 2016

The Bitfinex hackers have moved thousands of Bitcoins in 2020. Bitcoins (BTC) stolen from major cryptocurrency exchange Bitfinex back in 2016 are on the move again, as hackers shift another massive batch of funds to unknown wallets. According to data from crypto transaction tracking service Whale Alert, Bitfinex hackers moved more than $4.6 million in stolen BTC on Oct.

Crypto art piece sells for $130K at Christie's auction house

The NFT is "a symbolic expression of Satoshi’s vision, forged out of the very code that lies at the genesis of it all." Christie’s auction house has announced the sale of a digital portrait of the Bitcoin code for more than $130,000. It marks the first time an NFT was auctioned at a major auction house, and the price exceeded expectations. According to the auction house, an unknown buyer purchased "Block 21," a physical piece of art and non-fungible token (NFT) of Satoshi for $131,250 at Christie's on Oct.

US Treasury warns crypto firms not to reimburse unknown ransomware victims

Malware payouts from insurance companies pose a threat to US national security. Two offices of the US Department of the Treasury have issued advisories on ransomware payouts, which they say pose a threat to national security.

Why traders are not worried that the KuCoin hack will drop Ethereum price

After the $150 million KuCoin hack, traders appear unworried that open market sales by the hacker will drop Ethereum price. Analysts say that the unknown hacker behind the KuCoin breach is selling the stolen ERC-20 tokens on Uniswap.

Darknet, cryptocurrency and two intersecting health crises

With new technologies evolving, criminals find easier ways for illicit activities — that is the dark side of anonymity and decentralization. While the precise origin of the COVID-19 pandemic is unknown, it has infected more than 30 million people, with almost 1 million confirmed to have died from it as it continues to spread across the world.

Whales Move $319,000,000 Million in Bitcoin, Ethereum and XRP As Crypto Markets Rebound

Some of the biggest crypto wallets in the world, owned by unknown entities called whales, are moving millions in Bitcoin (BTC), Ethereum (ETH), and XRP as the markets recover.

Unknown assailants have attacked multiple pro-Bitcoin politicians in Russia in recent weeks

Bad things may happen to you in Russia if you support Bitcoin and don't like Putin. It has been a bad couple of weeks for pro-Bitcoin / anti-Putin activists in Russia.

Yearn.finance Enters Price Discovery Following Binance Futures Listing

Yearn.finance (YFI) has been making headlines throughout the past few weeks, with the DeFi protocol going from being relatively unknown just a couple of months ago to now having the fourth-highest total value locked (TVL) in the entire ecosystem.

YFI surges to $38K, BTC comeback predictions, Ryanair CEO’s fury: Hodler’s Digest, Aug. 24–30

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest will help you track every single important news story that happened this week.