Bitcoin Trading a Hoax New research throws even more doubt on the legitimacy of bitcoin trading. A report by Bitwise shows that 95% of BTC spot transactions are distorted by unregulated trade. This ties in with the Wall Street Journal’s concerns that it is too easy to manipulate the market. Bitwise, an asset manager, reported …
OneCoin Crypto Scam Ringleader Nabbed The FBI arrested the OneCoin ringleader at LAX (Los Angeles International Airport). The US government alleges Konstantin Ignatov was one of the masterminds who instigated the start of the crypto pyramid scheme that was worth billions. Around the world, OneCoin has faced fines and actions toward criminal prosecutions (especially India), …
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Spyware Creator Working With Coinbase Online privacy is always a huge debate. More recently there is legislation that has been passed which should deliver more protection for users data. These include GDPR, BDSG-New, and CCPA as the main ones. While many people as for why there is a need for privacy if nothing wrong is …
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Bitcoin Asics Suffer from Ransomware The crypto industry hasn’t been left out of facing some shady players in the industry. This was confirmed on Wednesday when some reports rose that a strain of ransomware was striking, or had struck blockchain miners. Taken from the ZDNet report, the virus which is called hAnt started to sweep …
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Russia and Limiting U.S. Sanctions Using Bitcoin With the USA imposing sanctions on Russia, the country has taken steps to limit the impact. Over the last week, an Australian news site quoted that there is an economist who has ties to the Russian government as having said the sanctions are forcing the country to take …
Facebook Hinting at Blockchain Interest Outside viewers have seen that Facebook is on a recruitment drive for blockchain developers. These will be tasked with working on a payment industry product. Unfortunately, there are a few recruitment hurdles because of the somewhat obscure project and the ongoing concerns of personal data protection from the side of …
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Bitcoin Mining Takes a Second Major Downturn All the news is full of Bitcoin, and now it is showing itself in the world of mining that has thus far fended off any effects of the BTC price dropping. In summary, Bitcoin adjusts the complexity of mining to keep a level of a block being mined …
Crypto market takes a bashing As the holiday season approaches, it is time to start reflecting back over the past year. Bitcoin is going to generate some fascinating conversations ever since the BTC mania this time last year. At that point, college grads were returning home with news of the all-new digital cash, and of …
Crypto market performing poorly In 24-hours, $3 billion has been dropped from the value of cryptocurrencies as some of the major ones have declined between 3% and 6%. What is strange though is that 2 of the fallers, Stellar and Cardano are among 3 cryptos with Zcash that are expected to soon be integrated into …
Wallet Hardware Updates Trezor and Ledger are facing stiff competition from each other with their new product innovations that were released almost at the same time. Meanwhile, Sony is jumping on board and joining the party. The firm has announced they are working on their own take on a crypto hardware device. The tech company …
Another Stablecoin? It is time for another Stablecoin to be released, and this time it is from a blockchain startup which has been founded to take on the dominant, but somewhat controversial Tether (USDT) token. It was announced on Thursday, Nov 1, 2019, by Stably their StableUSD (USDS) is ready for purchase and redemption. Prime …
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Massive Crypto Mining Venture A new crypto mining farm has been opened in Armenia. A ceremony was held between the Prime Minister Nikol Pashinyan and the heads of the consortium who have constructed the USD 50 million mining farm. There are 3,000 mining rigs in place, and the company is seeking to increase this to …
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