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Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail
24.5.2020
Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian parliament recently, individuals may face up to seven years in prison...
Bitcoin Investment App CEO Calls BTC a Monetary Revolution, Not a Technical One
24.5.2020
Bitcoin is not yet a go-to investment option in the public eye, but those days could be coming
Moving Coins, Data Breaches, and Magical Authors: Bad Crypto News of the Week
23.5.2020
Check out this week’s Bad Crypto News
Bitcoin Miners Will Use Derivatives Like Traditional Commodity Producers
23.5.2020
Miners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty
Carl Menger: The Nature and Origin of Money
23.5.2020
In the early stages of trade, when economizing individuals are only slowly awakening to knowledge of the economic gains that can be derived from exploitation of existing exchange opportunities, their attention is, in keeping with the simplicity of all cultural beginnings, directed only to the most...
Coldplay Bassist Dives into Bitcoin App World
23.5.2020
The crypto space gained another mainstream performer recently as Coldplay's bass player has funded a Bitcoin app
Bitcoin Price Ping Pong Within Tighter Range Hinting at $8.5K Next
23.5.2020
Bitcoin price looks shaky after dropping below $9.3K support but still remains in a general uptrend since March even if another pullback occurs
Master of Puppets: Bitcoin Cuts the Strings
23.5.2020
The centralized financial system has compromised itself several times during the last two decades alone, and now it’s time for a serious change!
Documentary Review - Banking on Africa: The Bitcoin Revolution
23.5.2020
A new crypto documentary promises to tell the story of how cryptocurrency can affect social change across the African continent
Iranian President Calls for Launching a Cryptocurrency Mining Strategy
23.5.2020
Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. On May 20, 2020, Iran’s...
Got 10 BTC? You’re Now in the Top 0.5% of 30 Million Bitcoin Addresses
23.5.2020
There are now 30.4 million Bitcoin addresses with a balance, but those with even a whole coin form a tiny minority
DeFi Exec Believes Crypto Community Mostly “Short-Term Thinkers”
23.5.2020
DeFi entrepreneur Alex Mashinsky has slammed crypto’s culture and community for short-term profiteering
Wild Weekend for Bitcoin Price? US Lockdown Loosens on Memorial Day
23.5.2020
Bitcoin’s recovery to $10,000 is currently hindered by resistance at the 20-MA and with a holiday weekend coming up traders brace for volatility
Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware
23.5.2020
Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5.6 million for the first quarter of 2020, down from $9.5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent...
Bitcoin Worth $282K from the 2016 Bitfinex Hack on the Move
23.5.2020
The cryptocurrency community has noticed a number of bitcoins from the August 2, 2016, Bitfinex breach has been moved. A small 30 BTC transaction ($282,000) from the stash has moved from the hacker’s address to an unknown bitcoin address. The last time coins from the Bitfinex incident moved...
Craig Wright Submits List of Bitcoin Addresses to the Court – Roster Contains Spent Blocks
22.5.2020
On May 21, 2020, the infamous Craig Wright, the man who claims to be Satoshi Nakamoto, submitted a list of blocks and bitcoin addresses to the court that stem from the alleged Tulip Trust. However, armchair sleuths and blockchain analysis shows that a few blocks recorded in Wright’s recently...
China Strikes Down 10% of Global BTC Hashrate, Who Will Pick Up The Slack?
22.5.2020
Citing the increase in illicit crypto-related activities, the provincial government of Sichuan moves to stamp out 10% of the global Bitcoin hashrate
Where Are the Bitcoin Pizza Coins Now?
22.5.2020
Approximately 10 years ago, someone paid 10,000 Bitcoin for two pizzas, but what happened to those coins after the purchase? Coinfirm has found out
African P2P Volume Beats Out Latin America for First Time
22.5.2020
African P2P volumes are surging, posting the second-largest weekly regional trade for the first time on record
New Bill in Ukraine to Finally Let Crypto Firms Open Bank Accounts
22.5.2020
New draft bill in Ukraine aims to finally enable local crypto exchanges to open bank accounts, the document’s co-author says