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A report from The Guardian has detailed how Christopher Harborne, a shareholder in DigFinex, the parent company of Bitfinex and Tether, and a large donor to Boris Johnson, traveled with Johnson on a trip to Ukraine. This report was based on the “Boris Files,” a collection of files purportedly hacked from Johnson’s office and shared by Distributed Denial of Secrets. Harborne, who also uses the Thai name Chakrit Sakunkrit, has become an increasingly important political donor in the UK over the last several years, supporting Brexit, Johnson, Nigel Farage, and the Reform party. Brexit’s top donor outed as Bitfinex, Tether parent shareholder Read more: Scoop: Bitfinex, Tether shareholder Harborne is Nigel Farage’s top donor Reportedly, Harborne traveled with Johnson in September 2023 to Ukraine, and Harborne was registered during this journey as an “ adviser, Office of Boris Johnson .” Apparently, the itinerary for this journey includ...

Postwar plans being drawn up by Donald Trump’s administration will reportedly see the US offer Palestinians digital tokens in exchange for “voluntarily” leaving their land in Gaza. As reported by The Washington Post, the so-called “GREAT Trust Proposal,” would see vacant land redeveloped into a number of mega-projects, including six to eight “AI-powered, smart cities,” an “Elon Musk Smart Manufacturing Zone,” and “Trump Riviera,” inspired by Dubai’s man-made Palm Islands.  Those who agree to trade their land for tokens will be allowed to return to Gaza 10 years later , once the redevelopment is finished, and exchange them for “ownership of rebuilt residences.”  Screenshot taken from the GREAT Trust PDF outlining its plans with messy AI visuals. Read more: Max Keiser thinks bitcoin will stop Israel displacing Palestinians By doing this, the trust estimates it would save $23,000 per person that would otherwise be spent on temporary housing for those choos...

Sanctioned crypto exchange Garantex has ties to violent debt collectors, a convicted gang leader, and a Russian state oil company, according to an international body of journalists. Estonian newspaper The Eesti Ekspress and the International Consortium of Investigative Journalists (ICIJ) discovered that the death and replacement of one of Garantex ’s shareholders precipitated the installation of a new shareholder with links to the Kremlin and Russia n state oil.  The probe, published last week, also found that operators of Garantex’s Russia app and crypto educational arm jointly own a debt collection agency alongside a convicted gang leader guilty of violent extortion schemes.  Russian founder of sanctioned exchange Garantex starts Tether desk Read more: US sanctions Russia n woman for laundering oligarch funds with crypto In addition, Garantex reportedly sent $238 million worth of bitcoin to wallets controlled by illegal darknet operators and $15 million worth of crypto to w...

Cryptocurrencies are more than just an investment product for price speculation in the short, mid, and long terms. Actually, the different use cases – like crypto payments – bring value and organic demand for the cryptocurrency market to grow healthy. Notably, a report published on January 10, 2024, by CoinGate evidenced this growth, with 4 million transactions processed. In 2023 alone, the platform recorded over 1.29 million crypto payments, or one payment every 24 seconds. CoinGate is one of the leading payments intermediaries in the industry, registering outstanding numbers since its foundation. In this context, 2023 was the most relevant year for the segment, holding one-third of all CoinGate’s transactions. The 1,294,058 crypto payments are 40% superior to 2022’s 928,517 numbers, reported by Finbold one year ago. Payments in crypto over the years. Source: GoinGate Bitcoin and USDT lead crypto payments on CoinGate Cryptocurrency Is the fake Bitcoin ETF approval...

According to the report, Europe is home to nine out of the ten least profitable countries for Bitcoin production, determined by household electricity costs. There is a significant worldwide contrast in household electricity expenses for individual Bitcoin (BTC) miners. While producing one Bitcoin in Italy costs $208,500, in Lebanon, it’s roughly 783 times cheaper , according to a recent report. Published on Aug. 17, CoinGecko’s report revealed that only 65 countries are profitable for solo Bitcoin miners, based solely on household electricity costs. Among these, 34 countries are in Asia, while Europe only has five.  However, solo Bitcoin miners find themselves at odds with the worldwide average of household electricity costs.  “The average household electricity cost to mine one Bitcoin is $46,291.24, which is 35% higher than the average daily price of 1 BTC in July 2023 ($30,090.08),” the report stated. The report identified Italy as the costliest country for household Bitcoin product...

Google Trends data reveals that even though AI is the talk of the town, it still pales in comparison to Bitcoin in 2017. In China, it's a completely different story. Global search interest for the term “AI” has reached a new all -time high on Google, though it’s yet to hold a candle to Bitcoin (BTC) peak mania in 2017, data has revealed. Artificial intelligence has dominated headlines over the past few months, with some suggesting that it’s the latest “tech fad” after crypto and the Metaverse. Most recently, OpenAI executives warned in a May 23 blog post that within the next ten years, AI will exceed expert skill level in “most domains” and be as productive as “one of today’s largest corporations.” However while global and United States search interest for AI has reached a fever pitch — clocking in at 89 on Google Trends, it is still shy of Bitcoin’s peak search interest of 100 in December 2017 when Bitcoin was nearing its then-high of $20,000. Comparing search trends for buzz wo...

With a Bitcoin rally to begin the year, the crypto space is looking up. However, not every sector has reversed its downward trajectory. 2023 is off to a great start , with Bitcoin (BTC) rocketing up 40% in January. The good news is not relegated to just Bitcoin, however, as this price increase has sent ripple effects across the cryptoverse. Mining revenue jumped $22.66 million in January, and crypto-related stocks doubled on average. Despite this good news, Venture Capital investments are down 23% from the previous month.  Download and purchase this Report on the Cointelegraph Research Terminal. For a more detailed look into the various sectors of the crypto space, including venture capital, derivatives, decentralized finance (DeFi), regulations and much more, Cointelegraph Research publishes a monthly Investors Insights report. Compiled by leading experts on these various topics, the monthly reports are an invaluable tool to quickly get a sense of the current state of the blockchain ...