To be fair, Bitcoin could also hit that $5 million mark quickly if America experiences actual hyperinflation in the next decade or two. Fairly recent examples of hyperinflation include Yugoslavia in the 1990s, Zimbabwe in 2016, and the current crisis in Venezuela. Mirroring any of these examples would be enough to make Bitcoin worth $5 million or more -- but you'd also spend millions of hyperinflated dollars on everyday necessities like bread and eggs. Yes, Bitcoin's immunity to inflation is a major selling point for the cryptocurrency, but nobody wants or expects this ultragloomy future. In reality, this is not happening. New Mining Protocol Secures $5.1 Million Some crypto analysts suggest the approaching ‘halving’ event, which will see bitcoin mining rewards drop by 50 per cent, could be one factor behind the cryptocurrency’s positive price trend.
Cryptocurrency is an ideal target for cybercriminals: there are many ways to steal it, and it’s very difficult for the victims to ever recover it. And some hackers make an absolute killing from it — getting tens, or sometimes hundreds of millions of dollars from a cryptoexchange attack. This post looks at the Top-5 biggest ever heists in the relatively short history of cryptocurrencies. And there’s a bonus at the end: an amazing story of a cryptocurrency robbery worthy of a Netflix show… Cathie Wood’s Ark Invest sells more Coinbase shares, offloads $11.5 million Article h2:first-childarticle > div > p:first-childMM can be traded over six different blockchain networks. MM and the Million ecosystem aim to create a Web3 ecosystem in which MM tokens can be used across the network for decentralized finance (DeFi), gaming, staking, governance, and metaverse-related purposes.