Tag: Data

Bitcoin Recovers From $100K Dip While On-Chain Data Shows Rising Miner Activity

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Traders Turn Bearish on Bitcoin Following High-Profile Political Tensions, Data Shows

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Bitcoin (BTC) dropped sharply over the past 24 hours, nearing the $100,000 mark with an intraday low of $100,984. This price movement reflects increased volatility across the crypto market following a public exchange on social media between US President Donald Trump and Tesla CEO Elon Musk. Their clash appears to have triggered a wave of risk-off sentiment among traders. In response, the global crypto market cap slipped 4%, falling from over $3.4 trillion yesterday to $3.33 trillion. Meanwhile, the broader market correction has not gone unnoticed in derivatives data. Derivative…

Mass data deletion by governments is accelerating.

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Opinion by: Phil Mataras, founder and chief executive officer at AR.io Let’s stop pretending that data just disappears. It doesn’t. It’s deleted, erased, buried and more often than not, done deliberately.  Every time a new administration seizes power, priorities are reshuffled. This is to be expected, but what is unacceptable is the quiet, coordinated disappearance of public information. It can already be seen, particularly in the United States, and at a pace that should alarm anyone who cares about truth. From public health dashboards to economic indicators, entire swathes of…

Switzerland Approves Crypto Tax Data Exchange with 74 Countries

Key Notes Switzerland plans to exchange crypto-related tax data with 74 countries starting in 2026. The proposal excludes the US and Saudi Arabia from the agreement. The bill is under parliamentary debate and based on OECD compliance standards. Switzerland’s Federal Council has approved plans to share cryptocurrency information with 74 countries. Under the proposal, the country would automatically exchange crypto-related data with all European Union member states, the United Kingdom, and most G20 nations. However, the arrangement does not include the United States or Saudi Arabia. On June 6, Switzerland…

Switzerland Proposes Cross-Country Crypto Data Sharing

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Switzerland is moving forward with plans to automatically share crypto-related data with 74 partner countries, including the United Kingdom and all European Union member states. The Federal Council, the government of Switzerland, has adopted a bill to enable the automatic exchange of information (AEOI) on crypto with partner countries, according to an announcement on June 6. The proposal also suggests sharing the data with most G20 countries. The measure excludes the United States, Saudi Arabia and China, according to an X post by the Swiss Federal Government. Source: Swiss Federal…

Weak US job data print to spark Bitcoin rally to $155K

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Bitcoin may surge to new all-time highs above $115,000 next month if institutional buying continues and US job data is “weaker-than-expected,” say analysts. “In a bullish scenario, driven by strong institutional interest and ETF inflows, Bitcoin could touch $115,000 or higher by early July,” Bitfinex analysts told Cointelegraph. Bitcoin pullback of “some concern,” but sentiment still high US spot Bitcoin (BTC) ETFs had a strong May, posting around $5.24 billion in inflows, according to Farside data. Bitcoin had surged over the month to a peak of $111,970 on May 22…

Riot Hires Data Center Chief as Bitcoin Miner Ramps Up HPC and AI Hosting Plans

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Riot Platforms (NASDAQ: RIOT) has appointed Jonathan Gibbs as its new Chief Data Center Officer (CDCO) as the company pushes deeper into high-performance computing (HPC) and AI hosting. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. Gibbs, a […] Original

Report: Coinbase Knew of Data Leak Months Before $400M Breach

Coinbase was informed of a customer data leak at its outsourcing partner, Taskus, some four months before a significant breach that is expected to cost the company $400 million. Breach Causes 200 Employees to Lose Jobs? U.S. cryptocurrency exchange Coinbase was made aware of a customer data leak at one of its outsourcing companies four […] Source CryptoX Portal

Coinbase data hack sparks calls to scrap KYC

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Coinbase’s recent data breach is prompting renewed calls to remove Know Your Customer (KYC) requirements in licensed cryptocurrency exchanges. Illicit actors bribed the exchange’s overseas customer service agents in December 2024 to gain access to the personal information of 70,000 users. In May, Coinbase admitted that hackers had obtained data such as government-issued ID photos and home addresses. “All this security theater needs to be abolished asap. Time and again it only benefits hackers and extortionists,” said pseudonymous developer Banteg on X. “KYC actually enables crime.” However, it’s not feasible…

Riot Platforms (RIOT) Taps Data Center Veteran to Expand Beyond Bitcoin Mining

Riot Platforms (RIOT) has hired industry veteran Jonathan Gibbs as its Chief Data Center Officer, marking a strategic move by the bitcoin miner to branch out beyond crypto into the broader data infrastructure business. Gibbs brings over 15 years of experience and a résumé that includes designing and building more than one gigawatt of data center capacity across North America, Europe and Asia. He most recently served as Executive Vice President at Prime Data Centers, where he led projects across the U.S. Now, he’s tasked with launching Riot’s new data…