Bitcoin
Ongoing coverage on Bitcoin.
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Seven Years Dark: Inside Moscow’s Bitcoin Mining Shutdown
Moscow has banned cryptocurrency mining, including participation in mining pools, until December 31, 2032, citing the need to prevent power-capacity shortfalls. This decision impacts a significant portion of Bitcoin's global hashrate originating from Russia. The ban occurs amidst discussions of using domestically mined Bitcoin for international payments to circumvent Western sanctions, a move previously targeted by U.S. sanctions against firms like BitRiver.
A 12-Year-Old Bitcoin Wallet Just Moved $32M — For 12 Cents — As Coldcard Losses Near $130M
A Bitcoin wallet dormant since 2013 moved $31.8 million for just 12 cents, occurring amidst ongoing security concerns for Coldcard hardware wallets. Coinkite, the maker of Coldcard, has stated that all its models are exposed due to a flaw, leading to potential losses estimated at $130 million and advice for users to migrate their funds.
Crypto Casinos in Australia — Faster Deposits, Bigger Bonuses and Full Control Over Your Money
Cryptocurrency is increasingly becoming a preferred payment method for Australian online casino players due to faster deposits, lower transaction costs, and greater control over funds compared to traditional banking. The article analyzes the advantages and risks of using Bitcoin, Ethereum, and stablecoins, highlighting the importance of legitimate licensing and provably fair games for crypto casinos. It also discusses the unique aspects of crypto bonuses and the regulatory ambiguity surrounding crypto gambling in Australia.
