Over $204M was lost in Q2 DeFi hacks and scams: Report
More than $208.5 million was lost initially, but approximately $4.5 million was recovered, making the total amount of unrecovered funds over $204 million. Go to Source Powered by WPeMatico
second quarter
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Worst quarter in 11 years as Bitcoin price and activity plunges
Quarterly returns on Bitcoin haven’t been this bad since it was trading under $20 in the early days of Mt. Gox, but the stock market isn’t faring so hot either. Go to Source Powered by WPeMatico
Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US
Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners from China to the United States. Bit Digital says after the Chinese government’s decision to ban bitcoin mining, the company “accelerated” its migration strategy to … Read more
Bitcoin Price Watch: Currency Jumps to $6,900
Bitcoin is currently trading for just over $6,900. After a 24-hour period of hovering at $6,800, the price has seemingly increased by roughly $100. Last week, the price of bitcoin seemed to fall by $100 a day. This week, the opposite is true. We first saw bitcoin standing at the $6,700 mark on Monday following … Read more
