Bitfinex hacker will need 114 years to launder $7 billion worth of stolen Bitcoin

Only 4% of nearly 120,000 Bitcoin (around $7 billion today) stolen by a hacker from crypto exchange Bitfinex in 2016 have been laundered so far—and it will take the thieves over a century to cash out their bounty in full, according to blockchain intelligence firm Elliptic.
The post Bitfinex hacker will need 114 years to launder $7 billion worth of stolen Bitcoin appeared first on CryptoSlate.

This firm turned an old power plant into Bitcoin farm—and mined $60 million in a year

Over the past few years, private equity firm Atlas Holdings has created arguably the most ambitious and self-sufficient Bitcoin mining facility in the United States by repurposing a whole abandoned power plant into a crypto farm.
The post This firm turned an old power plant into Bitcoin farm—and mined $60 million in a year appeared first on CryptoSlate.

Mark Cuban reaffirms Bitcoin plans after Tesla snub sparks concerns

Billionaire ‘Shark Tank’ star Mark Cuban said today that Dallas Mavericks, the Cuban-owned NBA basketball team, will continue to accept Bitcoin regardless of the concerns around the asset’s alleged energy usage, as per a tweet this morning.
The post Mark Cuban reaffirms Bitcoin plans after Tesla snub sparks concerns appeared first on CryptoSlate.

Launch of Bitcoin ETFs in the U.S. could see further delays, here’s why

Several industry leaders say recent comments by US Securities and Exchange Commission (SEC) chairman Gary Gensler have delayed the possible launch of a Bitcoin exchange-traded fund (ETF) in the country, financial industry outlet Bloomberg reported Tuesday.
The post Launch of Bitcoin ETFs in the U.S. could see further delays, here’s why appeared first on CryptoSlate.

Macau casino investor bets on Bitcoin (BTC) amidst a bleak economic outlook

Chinese publicly listed firm Success Universe Group Ltd, which is a major investor in Macau-based casino and hotel resort Ponte 16, announced that it has purchased 24.3 Bitcoin ($1.35 million currently) as part of its portfolio diversification strategy, Inside Asian Gaming reported today.
The post Macau casino investor bets on Bitcoin (BTC) amidst a bleak economic outlook appeared first on CryptoSlate.

This project offers Bitcoin rewards for ‘Afrofuturist’ art that will be featured as NFTs

A project called 1729, which offers users Bitcoin rewards for completing various tasks and tutorials, has announced a new contest for artists who are interested in portraying a bright, highly technological future of Africa.
The post This project offers Bitcoin rewards for ‘Afrofuturist’ art that will be featured as NFTs appeared first on CryptoSlate.