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29 Apr 2026, 06:20

The 5 most popular free Bitcoin and Dogecoin cloud mining apps of 2026

As an increasing number of users seek easier ways to earn cryptocurrency rewards without the need to purchase expensive mining hardware, the popularity of free Bitcoin and Litecoin cloud mining applications has risen significantly in recent years. While traditional cryptocurrency mining typically relies on specialized ASIC miners, high electricity consumption, and complex technical setups, cloud Continue reading "The 5 most popular free Bitcoin and Dogecoin cloud mining apps of 2026"

29 Apr 2026, 06:10

Here’s How Litecoin (LTC) Contained a Massive MWEB Exploit

Litecoin experienced a significant disruption tied to its MimbleWimble Extension Block (MWEB) privacy layer after a critical validation flaw was discovered and exploited across two separate incidents in March and April 2026, according to a post-mortem shared by developer David Burkett. The issue originated from a bug in how MWEB inputs were validated during block connection, which allowed a miner to include malformed metadata that did not match the actual unspent transaction output being referenced. This enabled an attacker to construct a block where a relatively small input appeared to justify a much larger withdrawal, known as a pegout, from the MWEB system. Timeline of MWEB Crisis Interestingly, a chain scan revealed that the vulnerability had already been exploited in March at block height 3,073,882, where an attacker generated an inflated pegout of over 85,000 LTC. The funds were initially moved to a transparent address and split across three outputs, which were quickly temporarily frozen by miner-enforced consensus rules. Developers privately worked with major mining pools to prevent further exploitation and released a series of emergency updates to enforce stricter validation rules while preserving network stability. The attacker later cooperated after being contacted and signed a recovery transaction that returned the majority of the funds, while retaining 850 LTC as a negotiated bounty. That shortfall was covered separately by Litecoin creator Charlie Lee, and the full recovered amount was pegged back into MWEB . The resulting output was permanently frozen to restore internal balance. No confirmed user funds were lost in the March incident, though the response relied heavily on rapid miner coordination and controlled software rollouts. A second incident in April exposed additional complications when another actor attempted to reuse the same exploit path. Although updated nodes correctly rejected the malformed block, the handling of mutated MWEB block data caused certain upgraded mining nodes to stall or become unable to continue normal operations. This particularly affected block submission processes. As a result, unupgraded miners continued extending an invalid chain, which grew to 13 blocks before upgraded participants coordinated to restore the valid chain, which ended up triggering a deep reorganization. This reorg removed the invalid blocks, but not before some third-party systems processed transactions from the bad chain. External services were impacted, including swaps conducted through NEAR-related infrastructure and THORChain, where assets exchanged on the invalid chain no longer existed after the reorg. Losses tied to these transactions are still being assessed. Litecoin Core v0.21.5.4 The root cause of the April issue was linked to how nodes handled mutated MWEB data tied to identical block hashes, which could interfere with later valid block processing. This behavior has since been addressed in Litecoin Core version 0.21.5.4, which makes sure that corrupted block data is discarded to allow proper validation of subsequent blocks. Developers also introduced several fixes to strengthen MWEB accounting, enforce correct validation at all stages, and prevent similar denial-of-service or chain-splitting scenarios in the future. The post Here’s How Litecoin (LTC) Contained a Massive MWEB Exploit appeared first on CryptoPotato .

29 Apr 2026, 02:10

Bitmine Wallet Receives 25000 ETH: Massive $57.1M Transfer Sparks Market Speculation

BitcoinWorld Bitmine Wallet Receives 25000 ETH: Massive $57.1M Transfer Sparks Market Speculation A wallet strongly linked to Bitmine has received a staggering 25,000 ETH, valued at approximately $57.13 million. The transfer originated from BitGo, a leading cryptocurrency custody platform. Foresight News first reported this significant movement. This transaction immediately draws attention from market analysts and blockchain investigators. The sheer size of this transfer signals a major strategic move. It could involve operational funding, collateral repositioning, or a large-scale OTC deal. Bitmine Wallet Receives 25000 ETH: A Deep Dive into the Transaction Blockchain data confirms the transfer occurred in a single batch. The receiving address, previously inactive for months, now holds a substantial balance. BitGo acts as a trusted intermediary for institutional clients. Therefore, this transaction carries high credibility. The timing of this transfer is crucial. Ethereum prices have shown recent volatility. A move of this magnitude can influence short-term market sentiment. Analysts watch for subsequent movements from this wallet. Any further distribution could signal a planned sell-off or reallocation. Context Behind the Bitmine-Linked Wallet Bitmine operates as a prominent cryptocurrency mining entity. The company manages vast hashing power for Bitcoin and Ethereum. A wallet receiving 25000 ETH from BitGo likely supports operational expenses. These expenses include hardware purchases, electricity costs, and payroll. However, it could also represent a strategic reserve build-up. Mining firms often accumulate coins during market dips. This behavior shows long-term bullish sentiment. The connection to Bitmine remains unconfirmed officially. Yet, on-chain analysis strongly suggests the link. Multiple smaller test transactions preceded the main transfer. This pattern matches institutional security protocols. Understanding BitGo’s Role in This Transfer BitGo provides multi-sig wallet solutions and cold storage. Institutions trust BitGo for secure asset management. The use of BitGo adds a layer of legitimacy. It also indicates that the recipient has passed KYC/AML checks. This reduces the likelihood of illicit activity. BitGo processes billions in daily transactions. A $57.1 million transfer fits within normal institutional activity. However, the specific destination raises eyebrows. Mining wallets rarely receive such large sums from custody providers. This anomaly drives further investigation. Impact on Ethereum Market and Mining Economics Ethereum’s price reacted mildly to the news. The market absorbed the information without major disruption. However, large whale movements always carry potential risk. If the Bitmine wallet decides to sell, it could pressure prices. Currently, Ethereum trades with moderate liquidity. A sudden dump of 25,000 ETH would cause a temporary dip. Mining profitability directly correlates with ETH prices. A sustained price drop would hurt miner margins. Conversely, if Bitmine holds, it signals confidence. This could stabilize sentiment among other miners. Transaction size: 25,000 ETH Value at transfer: $57.13 million Source: BitGo Likely recipient: Bitmine-linked wallet Potential purpose: Operational funding or strategic reserve Expert Analysis and Market Reactions Industry experts weigh in on this development. Some view it as a routine operational transfer. Others see it as a precursor to major network upgrades. Ethereum’s transition to proof-of-stake changed mining dynamics. Bitmine may be diversifying its strategy. Holding ETH could provide staking yields. This would represent a shift from pure mining to hybrid operations. The crypto community watches closely. Similar transfers in the past preceded significant market moves. For example, a 2023 transfer from BitGo to a miner wallet led to a subsequent price rally. History may repeat itself. Timeline of Events Tracking the sequence adds context. The wallet address was created six months ago. It received small test amounts over two weeks. Then, the main 25,000 ETH transfer occurred. No outgoing transactions have happened yet. This suggests a holding strategy. The next 48 hours are critical. Any movement will trigger market alerts. Traders should monitor this address for signs of distribution. Conclusion The Bitmine wallet receiving 25000 ETH represents a significant event in the crypto ecosystem. This $57.1 million transfer from BitGo carries implications for market liquidity, mining operations, and institutional behavior. While the exact purpose remains speculative, the data suggests a strategic, long-term move. Investors and analysts must watch for subsequent transactions. This event underscores the growing interplay between mining firms and custody services. As Ethereum evolves, such large-scale movements will continue to shape market dynamics. FAQs Q1: What is a Bitmine-linked wallet? A Bitmine-linked wallet is a cryptocurrency address believed to be controlled by Bitmine, a major mining company. Blockchain analysts identify these wallets through transaction patterns and public disclosures. Q2: Why did BitGo transfer 25,000 ETH? BitGo likely processed the transfer on behalf of an institutional client. The exact reason is unknown, but common purposes include operational funding, collateral management, or strategic accumulation. Q3: How does this transfer affect Ethereum prices? Large transfers can cause short-term volatility. If the recipient holds the ETH, it signals confidence. If they sell, it could create downward pressure. The market currently shows a neutral reaction. Q4: Is this transfer a sign of a market manipulation? No evidence suggests manipulation. The use of BitGo indicates compliance with regulatory standards. However, large whale movements always warrant careful observation. Q5: Should retail investors be concerned? Retail investors should not panic. Such transfers are normal in institutional crypto markets. Focus on broader market trends and fundamentals rather than single transactions. This post Bitmine Wallet Receives 25000 ETH: Massive $57.1M Transfer Sparks Market Speculation first appeared on BitcoinWorld .

29 Apr 2026, 01:43

Eric Trump Defends American Bitcoin (ABTC) Amid Forbes Criticism

Eric Trump defended American Bitcoin (ABTC), highlighting its rapid growth, Nasdaq listing, and position among the top publicly traded Bitcoin firms with over 7,000 BTC holdings. Forbes alleged the company relied heavily on brand-driven hype and stock sales, claiming insiders profited while investors faced steep losses as shares fell sharply. The debate centers on ABTC’s financial sustainability, with concerns over high mining costs and reliance on a Bitcoin price rebound or external funding to remain viable. Eric Trump has pushed back against criticism from Forbes over his crypto project, American Bitcoin (ABTC). The controversy was about a wider difference between the firm’s reported growth and concerns about its business model and investor outcomes. Eric Trump Responds to ABTC Criticism Eric Trump has recently dismissed the publication’s claims and questioned its credibility. He said Forbes had “become a disgrace to journalism” while defending the rapid rise of American Bitcoin. According to him, the company did not exist just over a year ago. It has since grown into one of the larger publicly traded Bitcoin firms. American Bitcoin, also known as ABTC, went public on Nasdaq less than eight months ago. Since then, the company has built a sizeable crypto position. It now holds more than 7,000 Bitcoins on its balance sheet. This places it among the top publicly listed firms holding Bitcoin globally, with Eric Trump stating it ranks 16th. The company has also expanded its mining operations. It operates close to 90,000 mining machines and reports a hashrate of 28 exahashes per second. Eric Trump said the firm uses efficient energy sources within the United States to support its operations. He pointed to internal performance metrics to support his claims of growth. In the fourth quarter, the company reported a 58 percent increase in Bitcoin holdings. Mining costs were also highlighted as being significantly lower than the market price of Bitcoin. Revenue for the quarter reached $78.3 million, marking a 22 percent rise compared to the previous quarter. Eric Trump described the company as one of the fastest to enter the top ranks in the sector. But, the narrative presented by Forbes is different. Forbes said American Bitcoin is a high-risk venture that relies on momentum and branding. It claimed it profited from the Trump name and investor interest in crypto rather than sound operational fundamentals. According to Forbes, the company scaled quickly after its launch in 2025 and reached a valuation of over $13 billion. The report claimed that this growth was supported by aggressive stock sales and promotional messaging. It also questioned the size of the company’s core team and suggested that operations were limited compared to its public positioning. The report raised concerns about investor impact. It stated that ABTC shares have dropped sharply over the past several months. From their peak, the stock has declined by around 92 percent. This has led to significant losses for investors, including those aligned with the political base that supported the brand. Forbes also examined the economics of the company’s mining business. Even as management reported lower direct mining costs, the publication noted that full operational expenses tell a different story. Once overhead and equipment costs are included, the estimated cost of producing one Bitcoin rises to about $90,000. With market prices below that level, the report suggested that the company may be operating at a loss. This difference between cost and market value has added pressure on the firm’s outlook. Shares have already plummeted almost 29% since the beginning of the year. Analysts quoted in the report wondered if the company could stick it out without Bitcoin pricing recovering. Moving forward, the company seems to be experimenting with a handful of approaches. One possibility is to wait for a rise in Bitcoin prices.Forbes estimated that a 35 percent increase could shift current trading losses into a profit position. This approach depends on market conditions improving in the near term. The company’s leadership has connections in the United Arab Emirates. Discussions have reportedly included the use of surplus energy for mining operations. Potential partnerships with investment groups such as ADQ and TAQA have also been mentioned. These entities are linked to Tahnoon bin Zayed Al Nahyan. Such joint ventures could provide capital and infrastructure support. At the same time, they bring in additional risks tied to foreign investment and long-term returns. The outcome of these efforts may influence the company’s ability to sustain its operations. Rapid growth in crypto can attract attention, but it also brings scrutiny. In this case, the gap between public claims and external analysis has become a talking point.

29 Apr 2026, 00:34

Eric Trump calls Forbes' report of American Bitcoin being a predatory arbitrage vehicle 'Chinese propaganda'

Eric Trump went after Forbes on X after the magazine ran a story on American Bitcoin (ABTC), the Trump-linked mining company now trading on the Nasdaq (NDAQ). Eric said, “Forbes has become a political weapon and an embarrassment to journalism. This reads as politically motivated propaganda. Friends – educate yourselves as to the source of your information — in this case, China!” Eric also said that American Bitcoin did not exist just over a year ago, but now holds more than 7,000 BTC. He said the company is the 16th largest publicly traded bitcoin company in the world, with nearly 90,000 miners, 28 exahash of capacity, and American energy behind its operations. He also said the company grew its bitcoin balance by 58% in Q4, mined BTC at a 53% discount to the market price, and reported $78.3 million in Q4 revenue, up 22% from the prior quarter. Forbes calls American Bitcoin a money laundering scheme with a twist Forbes said Eric joined a February earnings call and pitched American Bitcoin as a fast-rising name in crypto. He said, “We are fast becoming the leader in the bitcoin world, and I truly think we have the greatest brand of all.” He also thanked Mike Ho, Asher Genoot, Matt Prusak, and “everybody at American Bitcoin.” The magazine then pointed to a filing that said American Bitcoin had only two full-time employees one month after that call. Those two are likely Mike, the CEO, and Matt, the president. Mike also works at Hut 8 (HUT) as chief strategy officer. A former investor-relations worker at one of Mike’s other companies now lists herself as chief of staff at American Bitcoin. Another worker says she became social media manager in January. Asher is executive chairman and sits on a five-person board with Mike and three independent directors. When American Bitcoin hit public trading on Sept. 3, investors valued it at $13.2 billion, even though it had about $270 million in BTC. Since then, its diluted stock has fallen 92% from the top. Forbes estimated Eric’s wealth rose from $190 million to $280 million, while retail investors lost about $500 million. Forbes tracks the share sales, bitcoin buys, mining costs, and foreign investor angle The company started after the 2024 election. Two weeks after Trump defeated Kamala Harris, the company that became American Bitcoin was formed in Delaware. It first looked like an AI data-center plan. Hussain Sajwani, the Dubai developer tied to the Trump family through a golf project, came to Mar-a-Lago and announced a $20 billion plan for U.S. data centers. Soon after, Eric and Don Trump Jr. backed American Data Centers, which Eric called “crucial for the development of AI infrastructure in the United States.” One month later, the plan changed. Eric and Don Jr. connected with Asher and Mike, who already had Hut 8, a data-center and bitcoin-mining business. Bitcoin rewards had been cut by 50%, which made mining harder on the profit side. Forbes said Asher and Mike gave the Trumps a 20% stake in mining equipment, while Hut 8 kept the sites, daily operations, back-office work, and some executives. Eric later told CoinDesk the name needed two words, “America” and “Bitcoin,” before the final name became American Bitcoin. Eric has also said banking pressure pushed him into DeFi. He said, “I got canceled by every single bank in the country. Every single one of the big banks, they started canceling us.” Forbes said Capital One (COF) and JPMorgan Chase (JPM) closed some Trump accounts in 2021, but lenders still worked with the family. From January 2021 to mid-2022, Trump, Eric, and Don Jr. refinanced almost $700 million in debt. Forbes said about 70% of American Bitcoin’s crypto came from selling shares and buying BTC, not from mining. In the first 27 days after listing, the company sold 11 million shares for $90 million, paid about $2 million in costs, and bought roughly 725 BTC. From early October to mid-November 2025, it sold 7 million shares for $44 million, and in late November, it sold 47 million shares for about $106 million. From Jan. 1 to March 25, American Bitcoin sold 84 million shares for $111 million and bought about 1,430 BTC, according to Forbes estimates, with total crypto buys at $525 million, now worth about $390 million, leaving a $135 million gap. Mining ran at about $47,000 per BTC before full costs, while the all-in cost sat near $90,000. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .

28 Apr 2026, 23:12

Tether Revolutionizes with Modular BTC Mining

Tether is developing modular BTC mining systems with Canaan and ACME. By independently upgrading components, it reduces costs. Hash rate efficiency is critical during BTC price drops. The sector is...