Bitcoin (BTC) Rally Leaves More Than 97% of Addresses in Profit, Blockchain Data Show

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

US EIA to scrap Bitcoin mining survey data, seeks public input for new proposal

The US Energy Information Administration (EIA) has made a decision to discard all data collected from its emergency Bitcoin mining survey, according to recent court filings. This action agreed upon with the Texas Blockchain Council, also applies to any subsequent data received. The documents detail the EIA’s commitment to “sequester and keep confidential” such information until its destruction, effectively concluding the temporary restraining order in place until March 8, which had stopped the EIA from data collection amid ongoing legal proceedings. BREAKING: Our lawsuit against the @EIAgov has successfully HALTED…

Texas Blockchain Council and Riot Secure Legal Victory in Bitcoin Mining Data Collection Lawsuit

In a landmark ruling, the Texas Blockchain Council (TBC) and Riot Platforms Inc. have triumphed in their lawsuit against the Biden administration, successfully halting the data collection efforts on bitcoin mining operations. TBC and Riot Platforms Win Case Against Bitcoin Mining Data Survey The United States District Court for the Western District of Texas has […] Original

Historical Data Signals Bitcoin Imminent 25% Plunge

Historical data suggests that no Bitcoin cycle has peaked without experiencing significant double-digit corrections. These downturns, while daunting, have historically presented lucrative ‘buy-the-dip’ opportunities for investors. As Bitcoin continues its ascent, with its price hovering above $62,000, the anticipation of a potential correction looms large, offering a window into the cyclical nature of cryptocurrency markets. Market Maturity And Correction Patterns Seasoned investor CryptoJelleNL recently shared a post on X earlier today pointing towards an imminent correction in the 20-25% range for Bitcoin. Based on cycle analysis, this predicted dip indicates…

Bitcoin Safe From Drops Under $60,300? On-Chain Data Says So

On-chain data shows Bitcoin currently has a thick supply wall between the $60,300 and $62,155 levels that may prevent the asset from falling lower. A Large Amount Of Bitcoin Was Bought Near Current Prices As explained by analyst Ali in a new post on X, BTC has a major support wall just below it right now. In on-chain analysis, the strength of support and resistance levels is gauged through the amount of Bitcoin that the investors bought at them. The chart below shows how the distribution of the investor cost…

ICO reassures employers they can share staff data in a mental health emergency

The Information Commissioner’s Office (ICO) has published new guidance to give employers more certainty about sharing their workers’ personal details in a mental health emergency. The guidance provides advice on when and how it is appropriate to share workers’ information when the employer believes that someone is at risk of causing serious harm to themselves, or others, because of their mental health. Chris Hogan, ICO Head of Regulatory Strategy, said: “We want to reassure employers that during a mental health emergency they should share necessary and proportionate information without delay…

Hackers drained over $100m across 20 attacks in February, data shows

Cybercriminals stole more than $104 million worth of crypto in February, marking a 42% decrease compared to January. According to data compiled by PeckShield, hackers successfully executed 20 attacks against decentralized protocols in February, with the most significant breach occurring at PlayDapp, resulting in a loss of $36 million worth of crypto for the project. #PeckShieldAlert Hackers stole ~$104.73m across over 20 attacks in February 2024, marking a MoM decrease of 42% compared to January 2024. Additionally, ~6.4% of the stolen funds have been returned, totaling ~$6.7m pic.twitter.com/0W6k4ssAYO — PeckShieldAlert…

ICO reprimands West Midlands Police for data protection failure

The Information Commissioner’s Office (ICO) has issued a reprimand to West Midlands Police (WMP) after the force repeatedly mixed up two people’s personal information. On numerous occasions throughout 2020, 2021 and 2022, WMP incorrectly linked and merged the records of two people with the same name and date of birth. Both people had been victims of crime, and one was a suspect, meaning WMP didn’t make a clear distinction between the personal information of victims and suspects of crime, a breach of the Data Protection Act 2018. This mix-up led…

ICO finds the Home Office’s pilot of GPS electronic monitoring of migrants breached UK data protection law

Home Office pilot scheme failed to assess privacy intrusion of GPS monitoring Government did not provide migrants on the pilot scheme clear information on what data it was collecting and why Information Commissioner says it’s crucial the UK has ‘appropriate checks and balances in place to ensure people’s information rights are respected’ The Information Commissioner’s Office (ICO) has issued an enforcement notice and a warning to the Home Office for failing to sufficiently assess the privacy risks posed by the electronic monitoring of people arriving in the UK via unauthorised…