cryptocurrency

Block's Bitkey Wallet Set for Overhaul with Enhanced Security and Privacy Features

Block's Bitkey Wallet Set for Overhaul with Enhanced Security and Privacy Features

Block, Inc., the fintech company co-founded by Jack Dorsey, recently unveiled some major new features to its self-custody Bitcoin wallet, Bitkey. These changes, all intended to improve safety, privacy, and usability, are scheduled to start being tested in May.Co-founder Jack Dorsey recently tweeted about some of the changes headed this...

Dorsey's Bitkey Overhaul: What It Means For Your Bitcoin

Dorsey's Bitkey Overhaul: What It Means For Your Bitcoin

Bitkey, the Bitcoin wallet incubated by Jack Dorsey’s start-up, is reshaping its ambitions. These modifications seek to enhance the security, privacy, and usability of the everyday Bitcoin user. These updates reflect a commitment to empowering users with greater control over their digital assets, aligning perfectly with KnowingCoin.com's mission to equip...

Solana's $166M Whale Move: Smart Strategy or Ominous Sign?

Solana's $166M Whale Move: Smart Strategy or Ominous Sign?

A new Solana WHALE join the party 🐳 🐠 Whale dump over $60M in Solana! They unstaked and transferred $166 million in SOL to Binance. The knee-jerk reaction? "Oh no, is this the beginning of the end?" Or perhaps, "Genius move, time to cash in those gains!" As fun as...

Cango Enters Bitcoin Mining: Apollo Insights Initiates Coverage

Cango Enters Bitcoin Mining: Apollo Insights Initiates Coverage

Cango, another Chinese company, started out providing auto dealers with financing to make loans to car buyers. Now, it has mystically diversified and just recently made a big splash into the Bitcoin mining market. This move, initiated in November 2024, reflects the company's recognition of the increasing prevalence of crypto...

Solana Staker Cashes Out $13.9M, Retains Massive SOL Stake

Solana Staker Cashes Out $13.9M, Retains Massive SOL Stake

A Solana (SOL) staker that has made an initial investment of $27. Earlier this month, they unstaked 100,000 SOL tokens worth about $13.9 million and then deposited them on the crypto exchange Binance. Despite this substantial withdrawal, the staker's account still holds over $166 million worth of SOL tokens, highlighting...

Cango's Mining Bitcoin? 5 Wild Reasons This Could Be HUGE!

Cango's Mining Bitcoin? 5 Wild Reasons This Could Be HUGE!

Cango mining Bitcoin? Seriously? At first, I laughed. Cars and crypto? That, to us, seemed like a match made in… well, nowhere. Then I started digging, and whoa. This could be bigger than anyone realizes. Forget about your typical business trying to get on the bandwagon. Cango could be on...

Solana Whale Dumps $13.9M, Still Holds $166M: What's Next?

Solana Whale Dumps $13.9M, Still Holds $166M: What's Next?

A significant event has recently rippled through the Solana (SOL) ecosystem: a whale address executed a partial sell-off of their holdings, amounting to $13.9 million. This abrupt decision has understandably raised alarms and given rise to speculation. Let’s explore why this might be happening and what it means for the...

Cango's Bitcoin Bet: A Calculated Risk or Reckless Gamble?

Cango's Bitcoin Bet: A Calculated Risk or Reckless Gamble?

The news broke: Apollo Insights is covering Cango Inc. (CANG), zeroing in on their Bitcoin mining foray. Cango, an auto financing platform at its core, is taking a step into the crypto sandbox. The question is: is this strategic diversification or a dangerous distraction? Cango's stock is up, but in...

Solana's $153M Whale Profit A Warning Sign Or Justified Reward?

Solana's $153M Whale Profit A Warning Sign Or Justified Reward?

Has Solana’s meteoric rise and success story turned into their cautionary tale of what could be dangerous? And another single Solana whale just took the front pages! Though it’s been through a previous $153 million profit from staking those tokens since 2021 this address, which now holds over 1 million...