Bitcoin fails in an attempt to exceed $ 12,000

Bitcoin fails in an attempt to exceed $ 12,000

During this week, Bitcoin fluctuated between $ 11,300-122,200, failing to stay above the $ 12,000 threshold for long. Bitcoin is failing and the price seems to be consolidating and signaling feelings of indecision in the market.

Consolidation could also be considered a sign of exhaustion, as it comes from a 35 percent price increase in eight days. In the last two days, trading volume also decreased, but the BTC dominance is close to 70%.

The STO tZERO platform becomes available to retail investors

Overstock has announced that, starting August 12, it will allow retailers access to the tZERO STOs platform. Initially, only accredited investors had the opportunity to trade security tokens on this platform.

At this time, the Alternative Trading System (ATS) allows trading of two STOs: the private equity token of tZERO – TZEROP and the preferred stock of the A-1 voting series from Overstock.

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Company representatives said they expect about 50,000 new investors on the platform.

Blockstream launches Bitcoin mining services

Blockstream has announced the launch of new Bitcoin mining services, through two data centers in Quebec and the US state of Georgia. Blockstream Mining is a collocation and hosting service, while Blockstream Pool is the first mining group in the world to use the BetterHash protocol.

The two data centers have a combined capacity of 300 megawatts. If they were populated with the latest mining ASICs, they could manage 7.5% of the total hash power of the Bitcoin network. Blockstream claimed that its current farms currently account for a percentage of the global bitcoin hash rate.

For the time being, Blockstream Mining is available exclusively to businesses and institutions.

Binance hackers use the Chipmixer tumbler to hide the source of stolen funds

According to a report by analytics firm Clain, hackers who stole more than 7,000 BTC from Binance are trying to use Chipmixer to hide where the funds came from. An excerpt from the report shows:

“During our investigations, we detected a lot of Chipmixer addresses and we can confidently claim that at least 4836 BTC of the hacker’s money was stolen through Chipmixer.”

Apparently, this is the first time that the tumbler has to handle such a large number of transactions.

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During investigations, Clain analysts also identified funds from the BitPoint hack that took place in July. Apparently, Chipmixer was used to hide the provenance of over 1,000 BTC stolen from this theft.

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