Search Results: Bitcoin

As cryptocurrency mining faces growing scrutiny for its energy consumption, the Heatbit Trio attempts to solve two problems at once: heating your home while mining Bitcoin. But does this $900 gadget actually deliver on its promises, or is it just a clever solution in search of a problem?

The common explanation that Bitcoin blocks are chained via cryptographic hashes hides critical technical nuances. By examining raw block data from consecutive blocks 920993 and 920994, we reveal how headers, double SHA-256 hashing, and endianness create Bitcoin's immutable ledger. This deep dive exposes why developers must look beyond blockchain abstractions.

A Chinese national's conviction for orchestrating a £5 billion bitcoin fraud scheme has resulted in the largest cryptocurrency seizure in history, involving over 128,000 victims. The case underscores the escalating use of digital assets by organized crime and the critical need for advanced cross-border investigative techniques to combat financial fraud.

Zhimin Qian, known as the 'Bitcoin Queen,' pleaded guilty to running a £5.5 billion Bitcoin fraud scheme that exploited 128,000 Chinese investors. Her conviction follows a six-year international investigation culminating in the largest cryptocurrency seizure in history. The case signals a new era of cross-border crypto forensics and asset recovery capabilities.

Zhimin Qian has pleaded guilty in the UK after authorities seized 61,000 bitcoins worth over £5 billion, linked to a massive investment fraud in China. The case represents the largest cryptocurrency seizure globally and highlights the complex challenges of tracing illicit crypto assets across borders.

South African payment processor Peach Payments partners with crypto solution MoneyBadger, enabling thousands of merchants to accept Bitcoin and Lightning Network payments. With 68% of South Africans engaging with crypto and transaction volumes surging over 36% YoY, the collaboration signals a pivotal shift from crypto as investment to everyday spending.