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New Wallets Receive $127M in BTC as Bitcoin Trades Below $65K

New Wallets Receive $127M in BTC as Bitcoin Trades Below $65K

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A newly created Bitcoin wallet “bc1qaq” withdrew 434.87 BTC, valued at about $27.96 million, from Binance in a single transaction, according to blockchain analytics platform Lookonchain. The withdrawal followed transfers a day earlier involving four other newly created wallets, which received a combined 1,540 BTC worth approximately $99.4 million from Galaxy Digital and BitGo. The four wallets […]

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Controversial Bitcoin fork BIP-110 mines two blocks, then stops

Controversial Bitcoin fork BIP-110 mines two blocks, then stops

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The breakaway chain inherited bitcoin’s mining difficulty with only a tiny share of hashpower, leaving blocks hours apart while both chains still accept the same transactions. A new, minority chain created when BIP-110 supporters split from Bitcoin on Saturday has produced just two blocks roughly eight hours after going live, with no sign that any […]

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