Tagged: bitcoin

Stanford-Trained Brazilian Professor Warns SEC Not to Approve Bitcoin ETF

A Stanford-trained Brazilian professor of computer science has left several of the sacred cows of Bitcoin wounded in the field after submitting a systematic take down of several of the coin’s tropes questioning manipulators in a submission to the US Securities and Exchange Commission (SEC)…. Read More

Zambian Central Bank Warns Consumers that Cryptocurrencies Not Legal Tender, Must Be Used at Own Risk

The Central Bank of Zambia has issued a press release warning locals that it is the only body with the legal right to issue currency in the country. Cryptocurrencies in Zambia, therefore, are neither, “overseen, supervised nor regulated,” by the bank and should only be… Read More

Argo Set to Launch Bitcoin on Cryptocurrency Mining Platform

Argo, a UK-based provider of cryptocurrency mining services, announced on Friday that Bitcoin will be launched on its cryptocurrency mining platform on November 1st. Founded in 2015, Argo describes itself as a platform that enables customers to efficiently mine Ethereum and other altcoins from their own… Read More

Scammers Impersonate Canadian Tax Authority, Threaten to Deport Recent Immigrant, Use Bitcoin ATM to Steal $62 500

Telephone scammers pretending to be representatives from the Canada Revenue Agency (CRA) recently used threats of deportation and a bitcoin ATM to defraud a recent immigrant in Charlottetown PEI out of $65 000, CBC reports. Now a Charlottetown court has ruled that the Bitcoin ATM… Read More

American Association of Retired Persons Posts List of Financial Terms for Seniors, Pans Bitcoin

Conversations about personal finance at family gatherings may soon get a bit nuanced thanks to an oft humorous glossary of “Wall Street buzzwords” mounted online this week by the American Association of Retired Persons (AARP). “Baffled by buzzwords bandied about by high-finance big shots? Cut… Read More

Hacked Japanese Crypto Exchange Zaif Acquired, Says it Will Compensate Users Though No Date Set

Japanese cryptocurrency exchange Zaif has announced that its acquisition by “investment support services” firm FISCO has been finalized and says it will compensate users affected by a $60 million dollar hack that occurred September 14th: “On 10 October, the Company concluded the business of our virtual currency… Read More

Princeton Researchers: Chinese Mining Concentration a Genuine Threat to Bitcoin Network Security

Five of the world’s six largest Bitcoin mining firms operate under Chinese jurisdiction, a fact that, among other factors, could seriously compromise the security of the network, researchers at Princeton claim in a new report. The report, “The Looming Threat of China: An Analysis of… Read More

The Good, the Bad, and the Ugly: How Different Industries are Utilizing (or Exploiting) Blockchain Technology

When a new technology emerges, the word ‘disrupt’ is utilized to highlight the wonderful features to be developed and promises to be fulfilled. Since blockchain technology gained popularity in the last decade, the term blockchain has been linked to the term ‘disrupt’ almost as a… Read More

Juniper Research Warns Crypto Markets “On the Brink of Implosion”

Results of a recent comprehensive report on cryptocurrency markets have led researchers at the digitech markets intelligence firm Juniper Research to the conclusion that crypto markets are “on the brink of implosion.” Bitcoinist.com obtained a copy of the report (which sells for £1250) and relayed findings from Juniper… Read More

Mike Novogratz Downgrades Bitcoin Price Prediction, Says it Won’t Break $9000 in 2018

Mike Novogratz, creator of cryptocurrency merchant bank Galaxy Digital, told and audience at the Economist Finance Disrupted conference in New York this week that he does not expect Bitcoin to surpass the $9000 USD mark this year, CNBC reports. Novogratz’ latest call contradicts a number… Read More

Seven More Russians Indicted in US for Alleged Crypto-Funded Spying

Seven more Russian spies have been indicted in the US, charged with multiple counts of attacking industrial, sports, anti-doping and anti-chemical weapons organizations across the world. The personal records of rival athletes were also targeted. Prosecutors in the Western District of Pennsylvania also claim the… Read More

Bitcoin Malware Hackers Target Fortnite Video Gamers

Players of the ultra-popular video game Fortnite may soon add a disappointment dance to their repertoire as they are increasingly targeted by malware aimed at their Bitcoin. Researchers at the anti-virus and anti-malware company Malwarebytes say they have found malware targeting victims’ crypto holdings hidden… Read More

Bitcoin “Does and Will Not Challenge Gold as a Safe-Haven Asset”

A writer and analyst for Morningstar believes that, based on a comprehensive assessment, Bitcoin, “does not and will not challenge gold as a safe-haven asset class.” He follows that claim with a tip to buy Goldcorp stock. In a short article written for the large research and investment… Read More

Police Officer Accused of Selling French Intelligence for Bitcoin on Darknet

A police officer working for a French intelligence agency tasked with maintaining national security inside France has been arrested and detained for allegedly selling state secrets for Bitcoin on the Darknet, Le Parisien reports. The officer was reportedly working as part of “a sensitive division”… Read More

Paris Art Show Celebrates 10th Anniversary of Bitcoin White Paper

A show of Bitcoin- and cryptocurrency-inspired artworks is being held to celebrate the 10th anniversary of the invention of Bitcoin and explore ways that Bitcoin and blockchains might be used to “disintermediate” the art world. The show runs September 28th to October 5th, from 10am to… Read More

Hacker-Powered Security Platform HackerOne Starts Accepting Bitcoin Payments Through BitPay

HackerOne, U.S.-based hacker-powered security platform, announced on Friday it now accepts bitcoin payments through global blockchain payments provider BitPay. According to the duo, BitPay enables HackerOne to receive international payments faster and more economically than traditional bank wires. HackerOne reported that its customers may skip costly, complicated cross-border wire… Read More

Port of San Diego Hit by “Serious” Ransomware Attack, Bitcoin Demanded

Port of San Diego CEO Randa Coniglio announced this week that Port of San Diego computer systems suffered a “serious” ransomware attack on September 25th, with hackers demanding a ransom of Bitcoin to unlock affected systems. “The Port of San Diego has experienced a serious… Read More

China: WeiyangX Fintech Review

Bitcoin Mining Giant Bitmain Goes Public in Hong Kong On September 26th, Bitmain, a Beijing-based Bitcoin mining giant, finally disclosed its IPO prospectus to be listed on the Hong Kong Stock Exchange. CICC will serve as the sole sponsor. According to the prospectus, Bitmain’s net… Read More

SEC & CFTC Join in Charging Austria Based Dealer Using Bitcoin for Swaps for Violating US Law

The Securities and Exchange Commission (SEC) announced an enforcement action today against an Austria based international securities dealer with providing securities swaps funded by Bitcoin. The SEC charges Patrick Brunner, CEO of 1pool Ltd. a/k/a 1Broker – registered in the Marshall Islands, with violations of US… Read More

Two Finance Crime Experts Say North Korea Probably Using Crypto to Skirt US Sanctions

Lourdes Miranda, an independent financial intelligence analyst/financial crimes investigator, and Ross Delston, a lawyer specialized in anti-money laundering, have told the Asia Times that they believe North Korea (DPRK) is probably using cryptocurrency channels to skirt US sanctions. “International criminals everywhere prefer crypto-currencies and the… Read More

Send this to a friend