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No Evidence ISIS Is Storing $300 Million in Bitcoin, Says Chainalysis
21.5.2020
Blockchain intelligence firm Chainalysis has dismissed claims ISIS is holding a $300 million bitcoin (BTC) war chest. In a “fact-checking” report, published on May 20, 2020, the U.S. company accused the media of sensationalizing allegations about BTC and other cryptocurrencies being...
Nvidia Disguised $1B in ‘Fickle’ Crypto Mining Sales as Gaming Revenue, Lawsuit Claims
19.5.2020
An amended lawsuit accuses the chip maker of concealing $1 billion in graphics processing unit sales to crypto miners to downplay risk to long-term profits
Bakkt Announces New Insurance Coverage, Claims More Than 70 Custody Clients
18.5.2020
Bakkt has onboarded 70 clients to its custody services, and signed a deal with insurance broker Marsh to provide customers with an optional extra $500 million of coverage
Bitcoin Loophole: Wanna Make $13K in 24 Hours? This Crypto Trading App Is a Scam
16.5.2020
A bitcoin investment scheme claiming to help people make over $13,000 within 24 hours has recently gained more attention. Bitcoin Loophole claims to be an algorithmic crypto trading app that enables its members to make daily profits and become millionaires within 61 days. However, it is a scam...
Lawsuit Claims Nvidia Misrepresented $1B in Sales to Crypto Miners
16.5.2020
Nvidia investors accuse the firm of intentionally misrepresented over $1 billion in sales to crypto miners
Crypto.com Claims Its Card Is ‘Most Widely Available’ After European Expansion
15.5.2020
Crypto.com’s debit Visa cards are now available in all EU states as the company aims for global presence
Negative Interest Rates Give BTC an Opportunity to Shine, Report Claims
15.5.2020
Negative interest rates may turn Bitcoin into an attractive alternative for institutional investors, claims a recent report
Copper Claims New Tool Removes Credit Risk From Crypto Trading
14.5.2020
Copper's ClearLoop tool lets two parties finalize all details of a trade before transferring the seller's assets to the buyer's possession, rather than force the seller to store these assets on an exchange
Crypto.com Claims Industry Record for Insurance Coverage as Users Double
14.5.2020
After its user base doubled in six months, Crypto.com claims to have secured the largest insurance policy held within the crypto asset sector
Coinbase Says That 60% of Its Bitcoin Buyers Go Into Altcoins
14.5.2020
Major cryptoasset exchange Coinbase claims that although most of its users initially favor bitcoin (BTC), the vast majority also go on to trade altcoins and other digital assets.
In a blog post, the platform claimed,
“Among customers with at least five purchases, 60% start with bitcoin but just...
17,000 Quadrigacx Users Seek $307M from the Failed Canadian Crypto Exchange
13.5.2020
About 17,000 people have filed claims for refunds from the collapsed Canadian digital asset exchange Quadrigacx. Altogether, the claims, denominated in both cryptocurrency and fiat, amount to nearly $307 million. According to a document released Tuesday by Ernst & Young, the court-appointed...
Standard Chartered Claims First Yuan-Based Letter of Credit Issued on a Blockchain
13.5.2020
The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan
17,000 People Have Filed Claims for Refunds From QuadrigaCX, Auditor EY Says
12.5.2020
Close to 17,000 have made a claim for defunct crypto exchange QuadrigaCX's assets, its bankruptcy monitor reported Tuesday
Chainalysis Claims Mining Pools Holding More Bitcoin anticipating Bitcoin Price Surge Following The Halving
12.5.2020
New York based blockchain investigation software enterprise Chainalysis claimed on Monday that as per its analysis, mining pools are holding more Bitcoin for the last few months in anticipation of the price surge that is expected after the scheduled halving. In a Twitter thread, it claimed having...
Bitcoin Mining Markets Heat Up: Ebang’s $41M Deficit, Bitmain’s Alleged 2020 Revenue
10.5.2020
The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U.S. Securities and Exchange Commission (SEC) for initial public offering (IPO) status....
CFTC Claims ‘Massive Fraudulent’ Scheme Defrauded Investors of $20M
7.5.2020
The CFTC alleged three individuals and affiliated entities defrauded crypto and binary options investors out of $20 million over 5 years
Bitmain Recovers, Claims Profits Despite Pandemic and Power Struggle
3.5.2020
Chinese cryptocurrency mining hardware producer Bitmain is now poised for a rebound after hitting a rough patch
Bitcoin SV Rivals VISA for Transactions Claims Bitcoin Association
29.4.2020
The Bitcoin Association, which promotes Bitcoin SV, says the BSV network is now able to rival credit card processor VISA in terms of transactions per second
Craig Wright Claims Satoshi Nakamoto ‘Never Used Bitcointalk’ to Communicate
27.4.2020
The mysterious Craig Wright, the man who claims to be Satoshi Nakamoto, was recently ordered to produce 11,000 documents and answers after Judge Beth Bloom overruled the defendant’s recent objections. However, the coronavirus outbreak has given Wright some leeway, as the Florida court system...
Bitmain Calls Ex Co-Founder’s Claims of Holding 36% Equity Baseless
27.4.2020
Bitmain’s latest statement condemns ex co-founders claims of holding 36% equity in Fujian Zhanhua