Tagged: bitcoin

October 23, 2018 @ 8:48 am By Cali Haan  |  

Local news agency Arka has announced that a large crypto mining facility has opened in the Armenian capital of Yerevan. The facility, the country’s first, currently hosts 3000 machines mining Bitcoins and ether, but will one day host 120 000 machines, its creators believe. According… Read More

October 22, 2018 @ 6:05 pm By Cali Haan  |  

By decree of the town council, for the next twelve months, no new cryptocurrency mines will be permitted to open in the town of Ephrata, Washington, Columbia Basin Herald reports. Existing cryptomines will also face higher electricity rates that come into effect next April. Council… Read More

October 22, 2018 @ 12:18 pm By Samantha Hurst  |  

CoinText.io, a wallet to transact cryptocurrency using SMS messages, announced on Monday it has launched its SMS bitcoin cash wallet service in Brazil, as well as three more European countries, which are Poland, Croatia, and Romania. This news comes just days after Context launched its services in… Read More

October 22, 2018 @ 9:15 am By Cali Haan  |  

Gal Vallerius, a dual French-Israeli citizen from the Brittany region of France, was sentenced to 20 years in prison earlier this month after pleading guilty to, “conspiracy to possess with the intent to distribute controlled substances and conspiracy to launder money,” court documents indicate. Mr Vallerius,… Read More

October 19, 2018 @ 7:16 am By Cali Haan  |  

US Marshals have announced that they will sell 660 bitcoins in two online sealed-bid auctions November 5th between 8 AM to 2 PM EST. A deposit of $200 000 USD per series is required by October 31st, 2018 to participate. The bitcoins on auction were… Read More

October 18, 2018 @ 7:56 am By Erin Hobey  |  

According to the GFSC, Gibraltar “is committed to being a sound and safe place to do business with and is considering a complementary regulatory framework covering the promotion and sale of tokens, aligned with the DLT framework.” As expected, crypto platforms are taking advantage the… Read More

October 16, 2018 @ 1:31 pm By Cali Haan  |  

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 to the US Securities and Exchange Commission (SEC). In early July, the SEC… Read More

October 15, 2018 @ 8:32 pm By Cali Haan  |  

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

October 14, 2018 @ 10:22 pm By Samantha Hurst  |  

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

October 13, 2018 @ 6:53 pm By Cali Haan  |  

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

October 12, 2018 @ 6:50 am By Cali Haan  |  

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

October 11, 2018 @ 1:50 pm By Cali Haan  |  

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

October 10, 2018 @ 11:31 pm By Cali Haan  |  

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

October 10, 2018 @ 11:23 pm By Pedro Anderson  |  

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

October 10, 2018 @ 12:06 pm By Cali Haan  |  

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

October 7, 2018 @ 12:00 pm By Cali Haan  |  

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

October 6, 2018 @ 9:44 am By Cali Haan  |  

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

October 4, 2018 @ 5:28 pm By Cali Haan  |  

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

October 2, 2018 @ 8:33 pm By Cali Haan  |  

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

October 2, 2018 @ 2:53 pm By Cali Haan  |  

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