Tagged: bitcoin

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

Blockchain Analysis Spending by US Government Agencies Has Tripled in 2018

Don't Say the B Word Blockchain

Government agencies in the US have more than tripled the amount of money they are allotting to private firms doing forensics on blockchains like Bitcoin, says weekly newsletter for institutions, diar. The biggest spender by far is the Internal Revenue Service (IRS), which is “accounting… Read More

Young Woman in China Lives Exclusively on Bitcoin for 21 Days

Bitcoin Girl in China

Support has been snowballing for a young woman attempting to live exclusively on .21 Bitcoin (about $1300) for 21 days in crypto-hostile China, Bitcoin.com reports. He Youbing’s experiment is being documented by a Chinese subscription channel, and 17 episodes of Bitcoin Girl 21 Days Digital Survival… Read More

Interesting Bitcoin Whale Trades Highlight Shortcomings of Exchanges & Crypto Trading

Recent, huge Bitcoin trades have generated a lot of chatter from the Cryptoati. Not too long ago, an enormous sum of BTC “woke up” and moved around $720 million worth of Bitcoin. Speculation is that it represents crypto from the Silk Road days. That represents… Read More

Vranova and Zucco Announce Creation of Bitcoin “B Foundation”

Bitcoin entrepreneurs Alena Vranova and Giacomo Zucco announced today that they are creating a foundation to help Bitcoin, an automated, autonomous payment network invented in 2009, compete with centralized cryptocurrency ventures. Vranova, an early adopter of Bitcoin and co-creator of the Bitcoin projects Slush Pool,… Read More

Baltic Honey Badger Bitcoin Conference Closes with Heavyweight Panel

Honey Badger

The Baltic Honey Badger Conference of 2018, held this year in Riga, Latvia, wrapped up today with a panel featuring Adam Back, the CEO of Blockstream, Giacomo Zucco, CEO at BHB Network; Tone Vays, a former Wall Street risk analyst and Bitcoin advocate; and Eric Lombrozo,… Read More

GAW Miners Fraud Perp Homero Joshua Garza Sentenced to Prison

The saga of the GAW Miners / ZenMiner fraud has come to an end. On September 13, 2018, the perpetrator of the fraud, Homero Joshua Garza, was sentenced to 21 months of imprisonment. The criminal action was completed alongside an SEC civil enforcement action. The US… Read More

Soluna Building Huge Bitcoin Mine and Wind Farm in Contested Part of Morocco

Merzouga, Morocco Desert Camel andrea-cappiello unsplash

Soluna, a self-described “blockchain company” with offices in New York has announced plans to build a 37,000 acre wind farm and Bitcoin mine in a part of Morocco the Sahrawi tribe says belongs to them, Ars Technica reports. Soluna is seeking $100 million from investors… Read More

Kidnappers in South African Case May Have Demanded Bitcoin Ransom

A South African businessperson kidnapped two months ago was returned safely to his family this week amid rumours that captors demanded a ransom of 50 Bitcoins for his release. According to The South African, Liyaqat Parker, 65, was kidnapped from the parking garage under his workplace… Read More

Can Bitcoin Save Palestine?

Relatively few opportunities to invest and the generally poor functionality of banking systems in Palestine are driving demand for Bitcoin in the region, but a comprehensive positive effect will probably not be felt soon, Coindesk reports. A Bitcoin dealer in Gaza called Mohammed says he has… Read More

People’s Bank Admits It Was Behind Spate of Recent Anti-Crypto Measures in China

The People’s Bank of China admitted today that it is responsible for coordinating and initiating a spate of recent measures designed to quash cryptocurrency and ICO (initial coin offering) activity China. The bank says its National Internet Financial Risk Special Remediation Leading Group has been orchestrating… Read More

Anticipating Mainstream Push into Crypto, Coinbase Exchange Hiring at Institutional Trading Desk

Help Wanted

American crypto exchange Coinbase is hiring massively to staff brand new New York offices built exclusively to accommodate institutional clients, Coindesk reports. The exchange held a party to inaugurate the new office last week. Employees had previously occupied co-working space at WeWork NYC. Coinbase hopes… Read More

Don’t Brag About Your Bitcoin and Other Tips from Google Email Security Expert

The head of email security at Google says research tracing crypto thefts thefts back to comments made on online message boards means you should never talk up your crypto online, CNBC reports. This is because you never know who is watching nor how the info you… Read More

Bitcoin Cash – Is the End Near?

That's All Folks The End Final

Bitcoin Cash Basics Bitcoin Cash was born in August 2017 as the result of a hard fork from the Bitcoin network. Discussions began in early 2017 among the Bitcoin community to rollout the SegWit update which would allow scaling of the blockchain. However, a subset… Read More

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