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Retail May Consume 50% of Bitcoin Supply After Next Halving – Report
2.7.2020
Despite all the talk of financial institutions entering bitcoin (BTC), retail demand may in fact end up consuming more than half of all physical supply of bitcoin after the next halving, a new report by crypto derivatives exchange Zubr said.
According to the report, which analyzed data from...
Crypto Lender BlockFi Says Monthly Revenue Up 100% After Bitcoin Halving User Boost
2.7.2020
BlockFi said it's seen a surge in revenue since the bitcoin halving and the launch of its mobile app
Alt-Right Activist Stefan Molyneux Banned from Youtube, Raises $100K in Crypto Donations
2.7.2020
The founder of Freedomain, philosopher and alt-right activist, Stefan Molyneux, received more than $100,000 in cryptocurrency donations after he was banned from Youtube on June 29, 2020. Stefan Molyneux is well known for his Youtube videos, podcasts, and books. His early Youtube videos describing...
Gold Industry Shaken as 83 Tons of Fake Gold Bars Used to Secure $2 Billion Loans in China
1.7.2020
The gold industry has been shaken after it was discovered that 83 tons of fake gold bars have been used as collateral for loans worth 20 billion yuan from 14 financial institutions to a major gold jewelry manufacturer in Wuhan, China. This amount of gold “would be equivalent to 22%...
UK Court Orders Crypto Exchange to Shut Down After Clients Lose $2M
1.7.2020
The U.K. is ordering GPay to shut down on allegations that 108 clients lost £1.5 million or $2 million through the crypto exchange
Ripple Partner SBI Gains UK Foothold after Agreeing USD 30m B2C2 Deal
1.7.2020
Japanese financial giant SBI Holdings has agreed a deal to buy a USD 30 million minority stake in Britain-based crypto player B2C2. The latter also says it will “launch a full prime brokerage for both crypto and other asset classes,” per its founder.
According to Reuters, SBI has agreed to the deal...
Stefan Molyneux Gets $100K in Crypto Donations After YouTube Ban
1.7.2020
White supremacist Stefan Molyneux received roughly $100,000 in donations following the removal of his YouTube channel
UCSF Hospital Paid $1.14M in Bitcoin After Ransomware Attack
30.6.2020
Ransomware group Netwalker is believed to be behind the attack on UCSF which temporarily restricted access to the School of Medicine’s data
Bolstering Separation of Money and State Following the 244th Independence Day
28.6.2020
With the fourth of July approaching, many Americans will have to contemplate whether or not the holiday is an empty affair. After the last thirteen weeks of Covid-19 lockdowns, business shutdowns, and police brutality, the lack of liberty and freedoms in the U.S. has never been more apparent. With...
‘Casino Jack’ Abramoff Charged in AML Bitcoin Cryptocurrency Fraud Case, Could Return to Prison
27.6.2020
Jack Abramoff, the lobbyist behind one of the biggest Washington lobbying scandals as portrayed in the feature film Casino Jack, has been charged in connection with AML bitcoin cryptocurrency. He faces returning to jail after previously serving three and a half years in prison. Jack Abramoff...
Investors Fear Ethereum Price Sell-Off After PlusToken Transfers 789K ETH
27.6.2020
PlusToken recently moved $186 million worth of Ethereum, leading investors to fear a dump in ETH price
Thai Authorities Go After Crypto in Search for Drug Money
26.6.2020
Authorities in Thailand are determined to hunt down the country’s well-hidden drug lords by going after everything from gold shops to oil, construction firms - and cryptocurrency, a new report by news agency AFP claims.
According to the report, it is the recent downfall of a large meth syndicate...
Over $1B in Bitcoin Options Set to Expire Today – Crypto Speculators Expect Massive Shakeup
26.6.2020
Cryptocurrency markets and bitcoin price stability might be coming to an end soon, as a number of skeptics and speculators expect a big move after today’s options derivatives contracts expire. Bitcoin prices have been less volatile during the last three weeks, but over 114,000 bitcoin options...
Ebang to Establish Crypto Exchange and Mining Farms After Going Public
26.6.2020
The mining equipment firm, scheduled to go public via Nasdaq later today, is preparing for a massive expansion
Self-Proclaimed Satoshi Claims He’s Autistic, Judge Tosses Out Sanctions Against Craig Wright
26.6.2020
The Kleiman v. Wright case is seemingly headed to trial on July 6, 2020, after Judge Beth Bloom ruled against the Kleiman’s attempt to levy sanctions against Craig Wright, the man who claims to be Satoshi Nakamoto. It seems Wright has claimed that a licensed clinical psychologist diagnosed...
Wirecard $2 Billion Scandal: Firm Files for Insolvency, Ex-CEO Arrested, User Funds Safe
25.6.2020
Scandal-hit crypto card issuer Wirecard AG, a firm that has filed for insolvency because of its missing $2.1 billion – but customer funds appear to be safe, for now. The news comes just two days after former chief executive officer Markus Braun was arrested by German police on allegations...
Russia's Blockchain Voting System Malfunctions Soon After Going Live
25.6.2020
Russia’s blockchain vote, powered by Bitfury, is off to a shaky start
Liquidity Mining With Compound Finance — Just a Fad, or the Latest Toolbox After IEO, ICOs?
25.6.2020
Introduction to Compound Finance What Is It? Compound Finance is an algorithmically-operated, decentralized, interest rate protocol for lending and borrowingContinue Reading
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Bitcoin Still On Track for Quarterly Gains After Drop Toward $9K
25.6.2020
Bitcoin looks set to end its three-quarter losing run despite having dropped to $9,000 earlier on Thursday
Debit Card Data Auctioned on Dark Web After Ransom Goes Unpaid
23.6.2020
REvil ransomware gang immediately auctioned sensitive data after a card services provider failed to cover their ransom