Crypto miners blamed for Nvidia GPU price hikes — again
GPUs have been useless at mining Bitcoin for years, but Nvidia’s new RTX 30 series can generate decent profit with Ethereum.
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Morgan Stanley’s Bitcoin, UK’s crypto cons, DeFi’s latest losses
Morgan Stanley eyeing Bitcoin bet [CoinDesk] UK’s FCA drowning in crypto cons [iNews] Ethereum deposit contract tops 3M ETH [Decrypt] DeFi pair hit by $37.5M flash loan attack [The Block]
The Weekend Shift: Bitcoin, Chamath, Tennis and more
The most interesting Bitcoin reads, podcasts, charts, and opinions from the internet this weekend -- curated for you by the Protos newsroom.
Forget Hashmasks, these rare Twerky Pepes are taking over
Digital art collectors have this year spent over $130,000 in cryptocurrency on a new collection of rare Twerky Pepes.
Dark web giant Joker’s Stash just ‘retired’ with $1B in Bitcoin
Nobody knows what caused Joker's Stash to apparently retire, but theories include police, a decline in quality, and even COVID-19.
Motherload steals Bitcoin, Tesla stock dips, Dorsey recruits Jay-Z
Motherload Bitcoin scam nets $1M in a week [Protos] Tesla drops $50B after ‘risky’ BTC buy [Protos] Research paper links BTC hacks and ETH [Protos] Dorsey and JayZ duet on 500BTC fund [The Block]
Tesla stock down $50B after Musk bought Bitcoin with company cash
Tesla stock dipped almost 7% after word of its Bitcoin purchase first broke, representing about $50 billion drained from its market value.
Academic proves Bitcoin exchange thefts affect Ethereum — 5 days later
“Even if the purpose of Ethererum is very different from Bitcoin, cryptocurrencies typically exhibit a high level of co-movement."
Bitcoin giveaway scam ‘Motherload’ steals $1M in one week
Averaged out, these crypto fraudsters have used fake giveaways to steal $1.36 million in Bitcoin every month since August 2020.
Newbies pick PayPal, Europol nabs hackers, Tesla whales spooked
25% of new traders plan to use PayPal for crypto [Protos] Europol smash $100M SIM-swap scam [Protos] Crypto support heading to Mastercard network [The Block] Bitcoin volatility spooks Tesla shareholders [Reuters]