$5.2 billion worth of Bitcoin (BTC) paid out in ransomwareThe global crypto market cap is $2.46 trillion with a 24-hour volume of $104.76 billion. The price of Bitcoin is $61,755.57 and the BTC dominance is at 47.2%.
by Oluwapelumi Adejumo One of the major headlines in the crypto space this year is the fact that ransomware attackers have mostly sought to receive their ransom payment in crypto.
More news ⏬ProShares Bitcoin ETF confirmed for October 19 launchAfter much anticipation and demand, the US crypto community is set to have its first taste of Bitcoin ETF as ProShares has announced that it would launch a bitcoin futures exchange-traded fund (ETF) tomorrow, Tuesday, October 19. US mortgage lender dumps Bitcoin plans just two months after pilotUnited Wholesale Mortgage, which had recently made headlines in the crypto space for being the first in the industry to accept payment for a mortgage in Bitcoin, has now eliminated the said feature citing issues related to incremental costs and regulatory fluctuations in cryptocurrency. Institutional Bitcoin exchange Bakkt goes public on the NYSE todayRegulated Bitcoin futures exchange Bakkt is set to go public on the New York Stock Exchange today, just over a year after it first offered physically-settled Bitcoin futures to investors in the US. Shiba Inu (SHIB) jumps 7% while Bitcoin, Ethereum trade sidewaysCrypto markets saw a muted weekend as large-cap assets traded in a tight range and liquidation remained below average, data from sources shows. Why the upcoming Bitcoin futures ETF may not be good news for retail investorsThe time has finally come — the United States Securities and Exchange Commission (SEC) has finally approved the first Bitcoin ETF — albeit for futures and not a spot traded fund. This photographer is celebrating Stephen Hawking by minting an NFT of his most famous photoArt is ever-changing — styles, color palettes, and different types of media can fall in and out of favor. Op-Ed: Crypto needs easy-to-use non-financial productsThis post was last updated on October 18th, 2021 at 09:41 amThe online community is not always the most welcoming of ‘no-coiners’ (people who, for various reasons, don’t own cryptocurrency). Over 160 projects will launch on Terra (LUNA) early next yearThis post was last updated on October 18th, 2021 at 05:19 amTerraform Labs, the South Korean company behind the blockchain project Terra (LUNA), continues focusing on advancing the developer activity on the network. Op-Ed: Here’s how Bitcoin mining accelerates clean energy adoptionBitcoin mining and its impact on the environment has been in the news recently, as Elon Musk tweeted his concern about the amount of its fossil fuel usage, and withdrawing his support of the cryptocurrency. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. 🔥 Trending Sectors
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