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Latest Bitcoin News and Insights | Yellow.com
Trust Yellow.com for the latest and most reliable Bitcoin news and insights. Stay informed with accurate updates, expert analyses, and comprehensive articles on Bitcoin trends and market movements.
Electricity Theft by Crypto Miners Costs Malaysia $723M Over Five Years
Jul 11, 2024
Illegal cryptocurrency mining operations in Malaysia have stolen electricity worth astounding $723 million between 2018 and 2023. Their profits from Bitcoin and Ethereum mining for that period remains unknown, yet it would be fare to assume the sum is also epic. This revelation comes from Akmal Nas
Jack Dorsey's Block Sells First Bitcoin Mining Chips to Core Scientific
Jul 10, 2024
Block has announced its first customer for its 3nm mining ASICs. The buyer is Core Scientific, a major Bitcoin mining firm. This deal is significant in the history of Bitcoin mining, as it proves Jack Dorsey is a a real visionary far beyond Twitter. Core Scientific will receive chips with 15 exahas
Republicans Back Crypto, But Oppose CBDCs in Their New Platform
Jul 10, 2024
The Republican National Committee has unveiled a new party platform. It pledges support for cryptocurrencies. It also opposes central bank digital currencies (CBDCs). Donald Trump promoted the platform on social media. The former president has flip-flopped on crypto. He now positions himself as cry
Santa Monica Bets Big on Bitcoin: City Opens Official Crypto Hub
Jul 10, 2024
Santa Monica has established an official Bitcoin office. The city council unanimously approved a pilot program in partnership with Proof of Workforce, a nonprofit organization. The initiative comes at no cost to the city. The office has four primary objectives. These include Bitcoin education, tour
Bitcoin Boom Only Halfway Done, ARK's Cathie Wood Predicts Bank Adoption
Jul 10, 2024
ARK Invest CEO Cathie Wood believes Bitcoin's bull market is only halfway through. Her team's analysis suggests the crypto asset still has room to run. So don't be distracted by recent price hurdles, we are still going up, Wood says. Wood shared her insights in a recent YouTube chat with tech entre
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