Author name: Peter

Bitfarms Acquires Land in Paraguay for New Mining Facility

Bitfarms Expands Mining Operations with New Site in Paraguay Bitfarms, a leading bitcoin mining enterprise listed on the U.S. stock market, has announced the successful acquisition of a new site in Yguazu, Paraguay. The company plans to establish a 100 megawatt (MW) mining facility at the location, as part of its ambitious strategy to increase […]

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Global Crypto Ownership Surged 34% in 2023, Reaching 580 Million

Introduction The global cryptocurrency market has experienced a significant surge in ownership, with the number of crypto owners increasing by 34% in 2023. This growth is attributed to the rising popularity of bitcoin and Ethereum, as well as key drivers such as the approval of spot bitcoin exchange-traded funds (ETFs) and the Bitcoin Ordinals protocol.

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Objections Raised Against FTX Reimbursement Plan

Introduction Following the submission of a proposal by FTX estate debtors to reimburse customer assets based on their value as of November 11, 2022, numerous objections have been raised by customers. The objections highlight concerns over the depletion of creditor funds and dissatisfaction with the compensation in fiat currency. FTX Customers Express Dissatisfaction FTX customers

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Michael Howell Predicts Continued Surge in Global Liquidity Benefiting Stocks, Gold, and Crypto

Michael Howell, the founder and CEO of Crossborder Capital, a London-based independent research and investment company, has offered a unique perspective on the current state of the economy. Contrary to the prevailing belief of monetary tightening, Howell believes that there is a rise in liquidity that will have a positive impact on stocks, gold, and

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Trezor Issues Security Alert Following Phishing Attack and Data Breach

Trezor Alerts Users to Phishing Risk After Security Breach Trezor, the company behind the popular cryptocurrency hardware wallet, has recently issued a critical security alert in response to a breach in its support ticketing system. This breach has potentially exposed the personal contact information of over 66,000 customers, raising concerns about possible phishing attacks. Unauthorized

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Crypto Snipers Strike Gold as Traders Earn Millions in SAVM Token Launch Frenzy

Lone Sniper Hits $7 Million Jackpot, Trio of Traders Net $1 Million Apiece During SAVM Crypto Launch A recent report from Arkham Intelligence has revealed that the launch of the satoshivm (SAVM) token two days ago resulted in three skilled crypto traders, known as 'snipers,' earning a profit of $1 million each. Among these snipers,

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JPMorgan Warns of Additional Outflow from Grayscale’s Bitcoin Fund, Putting Pressure on Bitcoin Prices

JPMorgan Analyst Shares Bitcoin Price Outlook Global investment bank JPMorgan has issued a warning regarding the potential for additional outflow from Grayscale's bitcoin fund. The bank's analyst, Nikolaos Panigirtzoglou, has cautioned that this outflow could exert further pressure on bitcoin prices in the coming weeks. Panigirtzoglou also highlighted the impact of the recent launch of

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