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DeFi Token YFI Is Now Worth More than a Bitcoin
20.8.2020
Bitcoin has been superseded as the most valuable cryptocurrency – for the first time ever – by the YFI governance token from DeFi protocol yEarn
Japanese Court Orders Seizure of Cryptocurrency Linked to Coincheck Hack of 2018
20.8.2020
A court in Tokyo, Japan has ordered the seizure of crypto assets that have been traced back to the Coincheck hack of January 2018, The Japan Times reported Wednesday. More than $530 million worth of the NEM (XEM) cryptocurrency was stolen from the exchange two years ago in what turned out to be...
98% of All Bitcoin Is Now Worth More Than When You Bought It
19.8.2020
At around $12,000, buying Bitcoin has been a profitable activity on 97.6% of all days since April 2013, data confirms
Big Brother Nigeria Housemates Participate in Bitcoin Quiz, Get $500 BTC as Reward
19.8.2020
Eighteen housemates of Nigeria’s version of Big Brother took part in a bitcoin quiz with each participant getting $500 worth of BTC as prize money. Big Brother Naija (BBN) reportedly agreed to this unusual step as part of moves to offer more than just entertainment to its audience. As part...
Onchain Data Shows $449M Worth of Bitcoin on ETH Eclipses Offchain Competitors
17.8.2020
Onchain analytics show the number of bitcoin (BTC) held on the Ethereum blockchain has been multiplying at an extremely fast rate since the end of May. On Sunday, August 16 there’s approximately 38,021 BTC on Ethereum or roughly $449 million stored in synthetic bitcoin protocols like Wbtc...
Goldman Sachs Sells $6.5m of Shares in Ripple-Partner MoneyGram: SEC Filing
13.8.2020
Goldman Sachs and its subsidiaries have sold 9% of their total position in the Ripple-partner MoneyGram – worth approximately $6.5 million
Australian Woman Jailed Two Years for Stealing $300,000 Worth of XRP
13.8.2020
An Australian hacker who stole 100,000 units of the XRP cryptocurrency has been sentenced to a maximum of two years and three months in jail, local media reported. Kathryn Nguyen hacked the crypto account of a 56-year old man in January 2018. Working with an accomplice, the 25-year-old Sydney woman...
The 10-year Quest for a Lost Bitcoin Haul Worth Over USD 100 Million
12.8.2020
This week marks the 10th anniversary of an event that illustrates just how far Bitcoin (BTC) has come in a decade – and some of the potential perils that crypto holders need to remain aware of.
On August 10, 2010, a BitcoinTalk forum user bought BTC 9,000, worth about USD 600 at the time. But that...
Worth The Talk? Weighing up DeFi Products with the Token Price Craze
12.8.2020
Has the meteoric rise of DeFi tech been brewing behind the scenes for quite some time now, or is it just a fluke?
$4.6 Billion Under Management: Grayscale Purchased Over $100M Worth of Bitcoins Last Week
12.8.2020
This week cryptocurrency proponents discussed the firm Grayscale Investments, as the firm purchased 9,702 bitcoins (over $110 million) in the past five days. The news follows Grayscale informing the U.S. Securities and Exchange Commission (SEC) that the Bitcoin Trust (GBTC) grew over $1.6 billion...
Defcon Speaker Discusses Liberating $300K Worth of Bitcoin From an Encrypted File
12.8.2020
This year due to the coronavirus outbreak the world-famous hackers’ convention Defcon held it’s 28th annual event with virtual presentations in “safe mode.” One of the presentations was from an executive from Pyrofex, Michael Stay, who discussed how he broke into...
Nasdaq-Listed Company Sued for Backing $2 Billion Loans With 83 Tons of Fake Gold
9.8.2020
The Nasdaq-listed company that allegedly used 83 tons of fake gold bars as collateral to secure loans worth about $2 billion from multiple financial institutions in China is now in default and facing several class-action lawsuits. $2 Billion Fake Gold Scheme Unravels The gold industry was recently...
German Authorities Confiscate $30 Million in Bitcoin From Pirate Movie Site
7.8.2020
German authorities, with the help of the U.S. Federal Bureau of Investigation (FBI), have confiscated about $30 million in bitcoin from an operator of a pirate movie website. An unspecified amount of bitcoin cash was also seized. Bitcoin and Bitcoin Cash Seized The German state of Saxony’s...
Raoul Pal: ‘It May Not Be Worth Owning Any Asset Other Than Bitcoin’
7.8.2020
Raoul Pal, CEO and founder of Real Vision, says Bitcoin may soon become his only asset for long-term investments
Dark-Web Vendor and Pharmacist Charged With Trafficking Drugs Worth $270M in Bitcoin
5.8.2020
The two men allegedly shipped opioids into the U.S. and sold them on the dark web for millions in bitcoin
Alleged Twitter Hack ‘Mastermind’ Owns $3 Million in Bitcoin, Bail Set at $725K
3.8.2020
Regional reports from Tampa show that the alleged “Mastermind” behind the July 15, Twitter hack owns more than $3.3 million dollars worth of bitcoin. While appearing on a video screen at the Hillsborough County Courthouse, the judge set 17-year old Graham Clark’s bail at $25,000...
Federal Agents Arrest Suspected 17-Year-Old Twitter Hack ‘Mastermind’ in Florida
1.8.2020
On Friday a 17-year-old Tampa teenager was arrested in Florida for allegedly being the “mastermind” behind the July 15 Twitter hack that saw a great number of high profile accounts compromised. The hack also netted roughly $120,000 worth of bitcoins by leading unknowing individuals...
Chinese Police Take Down $6 Billion Plustoken Ponzi, Arrest 109 People
31.7.2020
Chinese authorities have reportedly arrested 109 people in connection with the Plustoken Ponzi scheme. Twenty-seven of them are allegedly the scheme’s masterminds and 82 are key members. The Plustoken scammers have swindled funds worth about $5.7 billion from more than 2 million investors....
Bitcoin Cash Games Launches $3K Leaderboard Tournament to Celebrate the 3rd BCH Anniversary
31.7.2020
To celebrate the third anniversary of Bitcoin Cash, the world-class gaming platform Bitcoin Cash Games is launching a leaderboard tournament worth $3k. On August 1, the Bitcoin Cash community will be celebrating the network’s third anniversary and the project has come a long way since 2017....
Bakkt Futures Volume Hits $122 million, as Bitcoin Reached New 11-Month High
29.7.2020
Volumes on bitcoin futures offered by Bakkt set a record high on July 27, with 11,500 contracts traded on the institutional exchange. Altogether, the contracts are worth about $126 million, at the time of writing. Each contract is equivalent to one bitcoin (BTC). Total open interest –...