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$8M Worth of ‘Sleeping’ Bitcoin Rewards from 2010 Moved the Day Before ‘Black Thursday’

Over a half a million dollars worth of bitcoin from a May 2010 coinbase reward was transferred to Bitfinex on October 1. A parser recorded the old coins being spent and since mid-February 2020, roughly 33 so-called ‘sleeping bitcoin addresses’ from ten years ago have been spent to-date. Interestingly, 20 out of the 33, 2010-issued rewards moved this year were spent the day before ‘Black Thursday.’ Earlier this week, the software program, Btcparser, recorded an old coinbase reward from 2010 getting spent on Thursday, after the 50 bitcoins sat dormant for over a decade. Btcparser is a Telegram and browser…

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Analysts Warn Of Things To Watch Out As SushiSwap Cuts Block Reward

The analysts warn of things to look out for with the latest decision of SushiSwap to cut down the block rewards as the platform blew up on its promise for outsized rewards for everyone that will get into the automated market maker. 1000 SUSHI tokens per block for liquidity providers was the set award before the platform went live so let’s read more in today’s altcoin news. This deal seemed good enough to lure in more than $1.6 billion crypto assets but now those days of outsized rewards are over. As planned, each block reward dropped to 100 SUSHI on…

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