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Mt Gox Initiates Bitcoin Repayments to Creditors

Mt Gox Initiates Bitcoin Repayments to CreditorsThe Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some creditors. Further repayments will occur once several conditions are met. Mt. Gox has moved significant bitcoin amounts ahead of its planned $9 billion repayment. Bitcoin’s price dropped amid these developments and other market activities. Mt. Gox Begins […]

Bitcoin rebound to $88.5K stirs retail optimism, but there’s a catch: Santiment

Phoenix BCH Miner Elevates Hashrate to New Highs, Raising Concerns Within the Community

Phoenix BCH Miner Elevates Hashrate to New Highs, Raising Concerns Within the CommunityThe rise in hashrate allocated by unknown miner Phoenix to the BCH network has raised questions about the true motives of this action. Phoenix took BCH’s hashrate to over 10 EH/s, processing a relevant part of all the blocks and receiving the correspondent subsidy during the last days, but the community warns this might be […]

Bitcoin rebound to $88.5K stirs retail optimism, but there’s a catch: Santiment

Galaxy Digital’s Alex Thorn: Mt Gox Bitcoin Distributions Unlikely to Disrupt Market

Galaxy Digital’s Alex Thorn: Mt Gox Bitcoin Distributions Unlikely to Disrupt MarketAfter a decade-long wait, creditors of the defunct Mt Gox exchange are set to receive in-kind distributions of bitcoin and bitcoin cash starting in July. The head of research from Galaxy Digital predicts the market impact of these distributions will be less severe than anticipated. Long-Term Bitcoin Holders Likely to Retain Mt Gox Bitcoin Distributions […]

Bitcoin rebound to $88.5K stirs retail optimism, but there’s a catch: Santiment

Mt Gox to Start Distributing $9 Billion in Bitcoin to Creditors in July After Decade-Long Wait

Mt Gox to Start Distributing  Billion in Bitcoin to Creditors in July After Decade-Long WaitOn Monday, June 24, 2024, the Mt Gox bankruptcy trustee declared that reimbursements are slated to commence at the start of July. The trustee explained that disbursements will be made in bitcoin and bitcoin cash and sent to designated exchanges. After Ten Years, Mt Gox Trustee Announces July Start for Repayments Approximately $9 billion worth […]

Bitcoin rebound to $88.5K stirs retail optimism, but there’s a catch: Santiment

Innovative Block Size Upgrade Takes Spotlight at Bitcoin Cash Bliss Conference

Innovative Block Size Upgrade Takes Spotlight at Bitcoin Cash Bliss ConferenceFollowing the BCH Bliss conference, a focal event for Bitcoin Cash enthusiasts held May 14-15 in Ljubljana, Slovenia, Jonathan Silverblood introduced a Bitcoin Cash Podcast on X, featuring a collection of tracks from the event. This gathering also celebrated the “Jessica” upgrade, which launched the network’s innovative adaptive block size limit. BCH Bliss 2024: A […]

Bitcoin rebound to $88.5K stirs retail optimism, but there’s a catch: Santiment

Mt Gox Moves 141,686 BTC to Three Addresses, Consolidates 142,846 BCH

Mt Gox Moves 141,686 BTC to Three Addresses, Consolidates 142,846 BCHBased on onchain metrics, the Mt Gox funds, once consolidated into a single address holding over $9.6 billion in bitcoin, have now been distributed to three separate addresses as of Tuesday morning. Mt Gox Funds Redistribution An examination of the onchain transfers from the Mt Gox bitcoin cache reveals that the funds have been allocated […]

Bitcoin rebound to $88.5K stirs retail optimism, but there’s a catch: Santiment

Adaptive Blocksize Limit Algorithm Goes Live on Bitcoin Cash Network

Adaptive Blocksize Limit Algorithm Goes Live on Bitcoin Cash NetworkThe Bitcoin Cash network has completed its latest upgrade which essentially implemented the highly anticipated adaptive blocksize limit (ABL) algorithm. The new feature will make it much easier to change the block size limit in order to meet the demand of the network’s throughput. As of 9:24 a.m. Eastern Time on Wednesday, five blocks have […]

Bitcoin rebound to $88.5K stirs retail optimism, but there’s a catch: Santiment

Bitcoin Cash Prepares Adaptive Blocksize Limit Upgrade, Commits to Network Scaling

Bitcoin Cash Prepares Adaptive Blocksize Limit Upgrade, Commits to Network ScalingBitcoin Cash, the usability-focused Bitcoin hard fork, is preparing to perform a blockchain-wide upgrade slated to happen on May 15th. The upgrade implements the adaptive blocksize limit algorithm, allowing the network to adapt to future increases in demand without having direct input from actors, avoiding the opportunity for social attacks. Bitcoin Cash to Include Adaptative […]

Bitcoin rebound to $88.5K stirs retail optimism, but there’s a catch: Santiment

Cardano founder proposes Bitcoin Cash integration in X poll

The ayes are winning with 8,301 votes for to 4,212 against, as of the time of this article’s publication.

Cardano founder Charles Hoskinson recently posted a “hypothetical poll” on the X social media platform asking the crypto community if they’d be interested in seeing a Cardano and Bitcoin Cash integration. 

The poll received more than 12,000 votes in its first 24 hours with a 66.3% early majority voting “yes” to the proposal.

As mentioned above, Hoskinson labelled his poll as being hypothetical. However, as Elon Musk has shown since his purchase of the X platform, formerly Twitter, it’s possible to use the platform as a steering point for decision making.

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Bitcoin rebound to $88.5K stirs retail optimism, but there’s a catch: Santiment

Bitcoin Cash (BCH) Backer Roger Ver Arrested and Charged With Evading Nearly $50,000,000 in Taxes

Bitcoin Cash (BCH) Backer Roger Ver Arrested and Charged With Evading Nearly ,000,000 in Taxes

A prominent early Bitcoin (BTC) investor was arrested in Spain over the weekend for allegedly evading $50 million worth of US taxes. Roger Ver, a noted supporter of Bitcoin Cash (BCH), faces charges including mail fraud, tax evasion and filing false tax returns, according to a new announcement from the U.S. Department of Justice (DOJ). […]

The post Bitcoin Cash (BCH) Backer Roger Ver Arrested and Charged With Evading Nearly $50,000,000 in Taxes appeared first on The Daily Hodl.

Bitcoin rebound to $88.5K stirs retail optimism, but there’s a catch: Santiment