Crypto Currency

Bitcoin Mining: Bitmain Hit With Hefty Fine, NC County Considers Halting Mining

According to a report, the world’s largest Bitcoin mining machine company, Bitmain, was slapped by the Beijing tax bureau in April with a hefty fine of about $3.55 million. The company was found guilty of mainly unpaid personal income taxes, as the Chinese government has been ramping up its tax inspections on the cryptocurrency industry

Published 4 years ago in
Bitcoin Mining: Bitmain Hit With Hefty Fine, NC County Considers Halting Mining

According to a report, the world’s largest Bitcoin mining machine company, Bitmain, was slapped by the Beijing tax bureau in April with a hefty fine of about $3.55 million. The company was found guilty of mainly unpaid personal income taxes, as the Chinese government has been ramping up its tax inspections on the cryptocurrency industry [……
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Crypto Currency

Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident, Losses Estimated Near $40 Million

Bitcoin Magazine Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident, Losses Estimated Near $40 Million Brazil’s largest crypto exchange Mercado Bitcoin says customers suffered no losses, but it has not said how much was taken or when it will reopen. This post Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to

Published 9 hours ago in
Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident, Losses Estimated Near $40 Million

Bitcoin Magazine

Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident, Losses Estimated Near $40 Million
Brazil’s largest crypto exchange Mercado Bitcoin says customers suffered no losses, but it has not said how much was taken or when it will reopen.
This post Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident…
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Crypto Currency

Brazil’s Mercado Bitcoin halts withdrawals after $40 million drained across 10 chains

The Brazilian exchange paused deposits and withdrawals after wallets on at least 10 chains were emptied, days after the $6.3 billion Binance hack…

Published 9 hours ago in
Brazil’s Mercado Bitcoin halts withdrawals after $40 million drained across 10 chains

The Brazilian exchange paused deposits and withdrawals after wallets on at least 10 chains were emptied, days after the $6.3 billion Binance hack…
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Crypto Currency

Binance Reopens Withdrawals as Hack Recovery Enters Second Week 

Bitcoin Magazine Binance Reopens Withdrawals as Hack Recovery Enters Second Week  Binance has reopened withdrawals after its $6.3 billion North Korea hack, covered 95% of losses, and has reserves for the remaining 5%, with post-mortem reviews to stay open. This post Binance Reopens Withdrawals as Hack Recovery Enters Second Week  first appeared on Bitcoin Magazine

Published 9 hours ago in

Bitcoin Magazine

Binance Reopens Withdrawals as Hack Recovery Enters Second Week 
Binance has reopened withdrawals after its $6.3 billion North Korea hack, covered 95% of losses, and has reserves for the remaining 5%, with post-mortem reviews to stay open.
This post Binance Reopens Withdrawals as Hack Recovery Enters Second Week  first appeared on Bitcoin Magazine and is written by Micah Zimmerman…
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Crypto Currency

Bitwise’s André Dragosch: Bitcoin’s “Fair Value” of $197,000

▶Bitcoin Magazine Bitwise’s André Dragosch: Bitcoin’s “Fair Value” of $197,000 André Dragosch details Bitcoin as a liquidity canary, its $197K model fair value, Fed policy shifts, recession risks, and capital rotation from precious metals. This post Bitwise’s André Dragosch: Bitcoin’s “Fair Value” of $197,000 first appeared on Bitcoin Magazine and is written by Mark Mason…

Published 9 hours ago in

▶Bitcoin Magazine

Bitwise’s André Dragosch: Bitcoin’s “Fair Value” of $197,000
André Dragosch details Bitcoin as a liquidity canary, its $197K model fair value, Fed policy shifts, recession risks, and capital rotation from precious metals.
This post Bitwise’s André Dragosch: Bitcoin’s “Fair Value” of $197,000 first appeared on Bitcoin Magazine and is written by Mark Mason…
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