August 19, 2018 @ 10:49 am By Cali Haan  |  

People with loose security online habits who also enjoy an occasional foray onto incriminating websites might want to keep some bitcoin on hand in case exposé hackers come calling. An August 7th public service announcement from the FBI says the agency is seeing an uptick… Read More

August 15, 2018 @ 12:05 pm By Cali Haan  |  

Cryptocurrency markets have corrected to the upside slightly today, with Bitcoin up about 5% at the time of writing, and Ethereum up about 8%, but memories of yesterday’s steep price declines are still fresh and traders and holders dizzy. According to CCN, in the first… Read More

August 13, 2018 @ 3:57 pm By Cali Haan  |  

Citing “negative consequences,” “high risks,” and a lack of “government supervision,” the Saudi Standing Committee for Awareness on Dealing in Unauthorized Securities Activities in FOREX Markets has officially declared, “Unauthorized virtual currencies…illegal inside the Kingdom of Saudi Arabia.” The announcement came August 12th in the… Read More

August 13, 2018 @ 9:53 am By JD Alois  |  

Aarni Otava Saarimaa, a 22 year old crypto investor based in Finland, used to be crypto rich. Today, perhaps he is less so after following afoul of a scam apparently hatched in Thailand. In a sordid saga shared by the Bangkok Post, a crypto investor… Read More

August 10, 2018 @ 10:35 am By Cali Haan  |  

Hackers with poor spelling annoyed one of the world’s largest golf promoters this week by seizing some relatively benign files and demanding a bitcoin ransom for their return, Golfweek reports. On Tuesday, staff at the Professional Golfer’s Association of America  (PGA) tried to access computer… Read More

August 9, 2018 @ 9:28 pm By Cali Haan  |  

The best time to buy Bitcoin, according to Yale economists Yukon Liu and Aleh Tsyvinski, is when the price goes up 20% in a week, The Independent reports. This is because of strong momentum factors, say the researchers: “Specifically, we determine that there is a strong… Read More

August 9, 2018 @ 4:08 pm By Cali Haan  |  

Dark Web vendors are now selling malware for the exploitation of Bitcoin ATMs, cybersecurity firm TrendMicro reports. Investigators at TrendMicro division TrendLabs found recently that an apparently well-regarded hacker experienced in regular ATM malware exploits is now selling a malware package for attacking Bitcoin ATMs. TrendLabs… Read More

August 9, 2018 @ 1:51 pm By JD Alois  |  

BitMEX (Bitcoin Mercantile Exchange), has announced two new crypto based trading products. ETHUSD perpetual swaps, and UPs and DOWNs, the company’s first call and put options. Just like more traditional securities  markets, derivative security products are quickly becoming ubiquitous. And why not? Derivatives can help with… Read More

August 8, 2018 @ 1:48 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) pumped the brakes once again this week on firms offering Bitcoin based ETF. While these exchange traded funds have the potential to expand a far wider audience to the digital asset class, so far regulators have been hesitant to… Read More

August 8, 2018 @ 11:30 am By Cali Haan  |  

The SEC (Securities Exchange Commission) announced yesterday that it will take a full 90 days to decide on a rule change that may permit VanEck SolidX to take a Bitcoin ETF to market. The latest request for a rule change came from the Chicago Board… Read More

August 7, 2018 @ 9:07 pm By Cali Haan  |  

An overwhelming majority of bitcoin transactions are taking place between speculators, says Drug Enforcement Agency (DEA) Agent Lilita Infante. Infante told Bloomberg recently that in the five years since she began doing forensics on Bitcoin’s immutable ledger, the ratio of illegal activity she detects being… Read More

August 6, 2018 @ 9:13 pm By Cali Haan  |  

Proponents like Twitter and Square CEO Jack Dorsey, Apple Co-Founder Steve Wozniak and former Wall Street analyst Tone Vays envision a world united by single digital currency: Bitcoin. But a new report from UBS, Switzerlands’s largest banking conglomerate, suggests that Bitcoin has a long way… Read More

August 6, 2018 @ 10:34 am By JD Alois  |  

Last Friday, OKEx blogged about a failed whale that posted a huge long position on Bitcoin. The unnamed whale booked an order for 4,168,515 contracts. The Hong Kong digital asset exchange explained the predicament and ensuing action: “The client with user ID 2051247 initiated an… Read More

August 4, 2018 @ 6:32 pm By JD Alois  |  

High Times, the inimitable marijuana magazine, is in the midst of a Regulation A+ crowdfunding round. CI first covered the offering when the media firm first issued its first Form 1-A with the Securities and Exchange Commission (SEC). The offering documents have since been qualified… Read More

August 4, 2018 @ 9:59 am By Cali Haan  |  

Josh Metnick, the CEO of Random Crypto, a company offering a new tool for calculating the profitability of crypto mining, says that similar calculators are failing to show the truth about mining proof-of-work cryptocoins like Bitcoin: that doing so is usually only profitable for very… Read More

August 3, 2018 @ 5:34 pm By JD Alois  |  

Coinsource has announced its 200th Bitcoin ATM. Coinsource reports that it recently added 17 new machines in Florida, thus surpassing the 200 machine mark. Using the Coinsource ATMs, users my purchase up to $5000 worth of Bitcoin at a time. CEO Sheffield Clark explained they… Read More

August 3, 2018 @ 5:01 pm By Cali Haan  |  

A LocalBitcoins seller in Arizona has been sentenced to 41 months’ imprisonment (with credit for time served) after being convicted by a jury of trading bitcoins for drug money. According to a release from the Arizona District Attorney’s Office, federal agents began investigating Thomas Mario… Read More

August 3, 2018 @ 4:46 pm By Cali Haan  |  

A major announcement today from the owner of the New York stock exchange conveyed by Fortune magazine is being viewed as something of a blockbuster in crypto circles. Jeffry Sprecher, founder and CEO of Intercontinental Exchange (NYSE:ICE), is seeking approval for a venture ICE is… Read More

August 3, 2018 @ 10:01 am By Cali Haan  |  

Cryptocurrencies are hard to value, says the North Carolina State Board of Elections and Ethics, and for this reason, candidates running for office in the state may not accept donations of cryptocurrency, News Observer reports. A Republican candidate seeking to represent House District 41 in… Read More

July 31, 2018 @ 9:59 pm By Cali Haan  |  

The rial traded at historic lows this weekend in Iranian black markets as financial problems made worse by US sanctions continue to take a toll on the country. According to the Arab Times, Iran’s national currency traded at 116 000-to one US dollar Saturday before… Read More