why are people sending multi million dollar btc transactions

Last Updated on December 23, 2023 by Paganoto

$194 Million was Moved Using Bitcoin With $0.1 Fee, True …

$194 Million was Moved Using Bitcoin With $0.1 Fee, True …

Spending $0.1 to $1 for a $5 to $10 transaction could be inefficient and impractical. However, spending the same fee to process multi-million …

Someone moved $1 billion in a single bitcoin transaction

Someone moved $1 billion in a single bitcoin transaction

Whoever initiated the $1 billion transfer paid a transaction fee of 0.065 bitcoins—around $690 at the time of the transaction. Promoted Comments.

What To Know About Cryptocurrency and Scams

What To Know About Cryptocurrency and Scams

People use cryptocurrency for many reasons — quick payments, to avoid transaction fees that traditional banks charge, or because it offers some anonymity.

Reports show scammers cashing in on crypto craze

Reports show scammers cashing in on crypto craze

The top cryptocurrencies people said they used to pay scammers were Bitcoin (70%), Tether (10%), and Ether (9%). Crypto has several features …

Someone Just Sent $1 Billion in Bitcoin, Paid Only $3 in Fees

Someone Just Sent $1 Billion in Bitcoin, Paid Only $3 in Fees

Back-to-back transactions from a Xapo account totaled well over $1 billion. The cost in transaction fees was a measly $3.54.

An ex-cop fell for Alice. Then he fell for her $66 million crypto …

An ex-cop fell for Alice. Then he fell for her $66 million crypto …

He can’t get to that money, which totals about $15,000 in cryptocurrency — it’s been lifted from him by scammers. But thanks to the quirks of …

Anonymous Donor Drops $2 Million in Bitcoin on Alex Jones

Anonymous Donor Drops $2 Million in Bitcoin on Alex Jones

What we know about Jones’ million-dollar Bitcoin donations … Donors had sent that address 0.3771955 Bitcoin across 42 transactions, …

Big transaction fees are a problem for bitcoin – CNBC

Big transaction fees are a problem for bitcoin – CNBC

Bitcoin transaction fees are proving to be profitable for so-called bitcoin “miners”. Miners work out complex cryptographic puzzles to add …

The “Bitcoin Generator” Scam – ScienceDirect.com

The “Bitcoin Generator” Scam – ScienceDirect.com

by E Badawi · 2022 — In September 2022, the exchange announced an unauthorized transfer of Bitcoin and Ethereum tokens to an unknown wallet, affecting around 150 million USD in …

Pipeline Investigation Upends Idea That Bitcoin Is Untraceable

Pipeline Investigation Upends Idea That Bitcoin Is Untraceable

Cryptocurrency experts said the hackers could have tried to make their Bitcoin accounts even more secure. Some cryptocurrency holders go to …