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JP Morgan Chase Ship Busted: Cocaine, Banks and the Failed Drug War
11.7.2019
A ship seized by the U.S. Customs and Border Protection Agency in June carrying over 15,000 kilos of cocaine has now been tied to JP Morgan Chase’s asset management unit. Officially the company does not exercise any operational control of the vessel, but some serious questions are raised when...
How 10 Countries Respond to Facebook’s Libra Cryptocurrency
11.7.2019
A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank...
What USD 13K? Bitcoin Crashes Below USD 11.5K, Crypto Market Dives
11.7.2019
Source: iStock/Photographer, Filmmaker, Designer
The most popular cryptocurrency, bitcoin, just erased all its gains this week after its price crashed by almost USD 2,000 suddenly, while the whole crypto market dropped by 13%. Only two coins from the top 100 are in green now.
At pixel time (04:54...
Market Outlook: Gold and Crypto Reap the Benefits of Economic Fear
10.7.2019
Cryptocurrencies have recovered from losses incurred a week ago, with many digital assets up 50-80% since July 2. For instance, eight days ago bitcoin core (BTC) tumbled to $9,650 and then back to a high of $13,150 yesterday evening. However, during the afternoon trading sessions on Wednesday, most...
A History of Violent Intervention: John McAfee to Help Cuba Resist US Sanctions With Crypto
10.7.2019
Former antivirus software guru and 2020 Libertarian presidential “hopeful” John McAfee is a controversial figure, polarizing opinion in politics and culture, and taking a bold stand against the U.S. federal government. Most recently this has involved offering to help the Cuban state...
PR: My BitIRA Launches to Empower US Consumers With 24/7 Cryptocurrency Retirement Account Access
10.7.2019
BitIRA — pioneer of the first insured cold storage solution for cryptocurrency retirement accounts — has launched its newest tool, the “My BitIRA”[https://my.bitira.com] investing platform. My BitIRA maximizes the transparency and control individuals in the U.S. have over their cryptocurrency...
Bitcoin Dominance Climbs Almost 20% in a Month, Price Hits USD 13,000
10.7.2019
Bitcoin dominance surpassed 65% today, or the level last seen in April 2017, as the price of the most popular cryptocurrency hit USD 13,000 for the third time this year.
At pixel time (06:17 UTC), bitcoin trades at c. USD 12,993 and is up by 2% in the past 24 hours, by 14% in the past week and...
Liquid Exchange Launches BCH/USDC Trading Pairs
10.7.2019
The global cryptocurrency trading platform Liquid has announced the release of its new BCH/USDC trading pairs allowing anyone to swap bitcoin cash for the popular stablecoin USDC. Moreover, Liquid users will soon be able to connect their accounts to Bitcoin.com’s new Bitcoin Cash Register...
Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society
10.7.2019
It’s very odd that citizens never get to vote or have any say in regard to society’s money, even though it’s one of the most important aspects of everyday life. In fact, in developed countries, most central banks are institutions that are privatized from political interference...
IRS Agents Propose Draconian Tactics to Investigate Bitcoin Users
9.7.2019
A recently published U.S. Internal Revenue Service (IRS) slide describes alarming recommendations on how tax agents should deal with digital currency users who are not paying taxes. The slide recommends that agents question crypto users’ friends and family, comb through social media posts...
Money Laundering Scandals Bring Court Charges and Record Job Cuts to Euro Banks
9.7.2019
The international financial establishment is known to express concern about the risks of money laundering when the crypto space is mentioned. A string of scandals indicates, however, that traditional banks are not only susceptible to the phenomenon but sometimes complicit, whether knowingly...
110 Cryptocurrency Exchanges Want to Launch in Japan – A Look at Recent Changes
9.7.2019
Following G20 meetings, where Japan led several discussions regarding crypto assets, the country’s top financial regulator told news.Bitcoin.com that 110 crypto exchanges are now interested in launching in Japan. The country recently passed a new cryptocurrency bill, and some approved crypto...
Bitcoin Rallies Closer to USD 13,000, Altcoins Struggle to Keep Up
9.7.2019
The number one cryptocurrency, bitcoin, continues to defend its position as digital gold, with gains of 11% in the past 24 hours. Meanwhile, nearly all altcoins in the top 100 are in the red relative to bitcoin over the same time period.
At pixel time (05:19 UTC), bitcoin trades at c. USD 12,740...
Swap and Track BCH on the New Shapeshift Suite for Noncustodial Crypto Management
8.7.2019
Shapeshift, the company that allows traders worldwide to exchange hundreds of cryptocurrency pairs launched its new crypto platform that now offers an integrated suite of digital asset management in a noncustodial fashion. The firm believes the latest release offers a true end-to-end solution that...
Bitcoin Gets its First 'A' Rating
8.7.2019
In an update from financial ratings agency Weiss Ratings on Monday, the firm said it has upgraded Bitcoin to an A-, and given it a “strong buy” recommendation.
Weiss Ratings first became known to the cryptoverse in January of 2018 when it became the first traditional ratings agency to assign...
Who Are the Real Thieves? Danish Authorities Seize 3 Ferraris in Tax Evasion Crackdown
8.7.2019
Last week Danish authorities seized three Ferraris belonging to a large Copenhagen-based business allegedly seeking to avoid VAT. With the largest bank in Denmark—Danske Bank—also being embroiled in a tax avoidance scandal last year, it seems timely to explore the common libertarian...
Best of Crypto Volatility: ‘80% Correction’ or ‘New Parabola’
8.7.2019
As the crypto market is showing positive signs again an the entire cryptoverse tries to guess on bitcoin’s next move, legendary trader and technical analyst Peter Brandt shared his view that reminds how volatile this market can be.
In a tweet on Sunday, the analyst said that he sees two possible...
Experts Dissect Craig Wright’s ‘Satoshi’ Testimony and Court Documents
8.7.2019
Last week, Craig Wright, the man who claims he’s Satoshi Nakamoto, appeared in court and testified why he did not have access to his public bitcoin addresses and trust information. Since then a lot of new evidence has been submitted to the court and members of the crypto community have...
India to Educate High-Ranking Police Officers on Cryptocurrency
8.7.2019
India’s national police academy has launched a cryptocurrency course for high-ranking officers of the Indian Police Service. Among the objectives of the course are the functioning and legal aspects of cryptocurrencies, as well as investigations of cases involving digital coins. The Indian...
How to Encrypt Messages With PGP When Using Darknet Markets
8.7.2019
If you’re capable of shopping on the darknet, you’re capable of encrypting your order. PGP provides protection for both parties, thwarting man in the middle attacks and keeping busybodies at bay. The following guide explains how to install PGP and then use it to place an encrypted order...