Crypto PR: The good, the bad and the shoddy

[ad_1] Like most crypto journalists, Will Foxley has a horror story about a bad encounter he had with a dodgy PR person. The former tech reporter at CoinDesk recalls being embarrassed in his first few days on the job after he relied on bad information fed to him in an announcement. “I got burned by … Read more

ETH price regains $4K as possible Ethereum 2.0 ‘full validator’ count hits 17-month low

[ad_1] The number of Ethereum addresses that hold more than or equal to 32 Ether (ETH) has been declining, pointing at a possible lack of interest among traders and investors to become “full validators” for its upcoming proof-of-stake blockchain. At the same time, the price of ETH has rebounded back above $4,000 on Friday, while … Read more

Turkish customs confiscate over 500 smuggled Bitcoin mining rigs

[ad_1] Turkish customs enforcements brought down an illegal smuggling operation in what is said to be a record bust against illegal Bitcoin (BTC) mining equipment in the country.  After receiving a tip, Turkey’s Customs Protection’s anti-smuggling and intelligence teams raided a warehouse earlier this week in Karabağlar, İzmir, where they found 501 ASIC Bitcoin mining … Read more

Bitcoin 'held up very well' despite biggest exchange inflow since March 2020 crash

[ad_1] Bitcoin (BTC) has performed “very well” as traders send more coins to exchanges than at any time since the March 2020 crash. Data from on-chain monitoring resources CryptoQuant and Glassnode shows that BTC exchange inflows hit a one-year high on May 13. Nearly 30,000 BTC hits exchanges Bitcoin saw intense pressure from sellers this … Read more