Tagged: bitcoin

BitTorrent Accepts TRON, Binance & Bitcoin Cryptocurrencies for Pro & Ads Free Products

BitTorrent, Inc., the company behind P2P communications protocol and products, BitTorrent and µTorrent, announced on Tuesday that customers can pay for its Pro and Ads Free products by using the cryptocurrencies TRON (TRX), Binance (BNB), and Bitcoin (BTC). Founded with a leading peer-to-peer sharing technology standard… Read More

Bear Market or Not: Nasdaq Moving Forward on Plans to Sell Bitcoin Futures

Nasdaq is proceeding with plans to list a Bitcoin futures product on its exchange despite Bitcoin’s waning fortunes in 2017, sources to Bloomberg say. Nasdaq hopes to have its Bitcoin futures market up and running by Q1 2018 and is working now to meet expectations at… Read More

Three Charged in Bulgaria for $5 Million Cryptocurrency Theft

Bulgarian police have arrested and charged 3 people accused of stealing $5 million in cryptocurrencies, Reuters reports. The arrests were announced Monday by officials from the Bulgarian Ministry of the Interior and local prosecutors. Police seized $3 million in cryptocurrency at the scene as well… Read More

Ohio is the Only State Where You Can Pay Your Taxes in Bitcoin

Today, Bitcoin is the most widely recognized and accepted crypto on the planet. While you can do a lot of things with BTC, there is one thing you cannot do: pay your taxes. That is until today. Starting this week, OhioCrypto has been launched by… Read More

Chainalysis: Use of Bitcoin for Retail Payments Declined Dramatically in 2018

Despite Bitcoin having achieved some of the price stability advocates have long said would facilitate its adoption at the retail level, the retail use of Bitcoin declined 80% in 2018, says blockchain analysis firm Chainalysis. Currently, many Bitcoin transactions are settled directly to the blockchain, meaning… Read More

Young Israeli Jailed for Selling Bomb Threats for Bitcoin

A 19-year-old Israeli man with dual citizenship in the US has been sentenced in Tel Aviv to 10 years in prison for making and selling bomb and shooting attack threats against 2000 schools, hospitals, malls, airports, airlines, police stations, and Jewish community centres in the… Read More

Will They or Won’t They? France Backpedals on Decision to Allow Bitcoin Sales at Tobacco Shops

The Bank of France says that a much-publicized decision by its offshoot, The Prudential Supervisory Authority, to allow 3-4000 French tobacconists to start selling Bitcoin “coupons” has not been approved by the central bank itself, Europe 1 reports. According to a statement by the Bank of… Read More

Colorado Sanctions 4 More ICOs, Two Pending – Bringing Total to 20

Colorado has been particularly active in its pursuit of questionable initial coin offerings (ICOs) projects being marketed and made available to Colorado state residents. Now a release from the local securities regulator says the region’s Securities Commissioner, Gerald Rome, has signed cease and desist orders against… Read More

Lawyer: Greek Justice System Violating Rights of Accused Bitcoin Launderer Alexander Vinnik

The legal rights of a man at the centre of an international tug-of-war have been violated by the Greek justice system, a lawyer for accused BTC-e administrator Alexander Vinnik argued in court this week. “You have violated the rights of Alexander Vinnik, who hasn’t received… Read More

Indian Government Says Regulations for Crypto Sector Expected by March

A court case brought against the Central Bank of India for advising Indian banks to stop serving cryptocurrency exchanges has forced the Indian government to produce an affidavit that includes a timeline on when sector regulations can be expected, Quartz reports. The advisory to stop… Read More

Bakkt Delays Launch of Bitcoin Futures Market

The CEO of Bakkt, Kelly Loeffler, has written in a blog post that her company, Bakkt, is delaying the much-anticipated release of its daily Bitcoin futures product and crypto custodial warehouse until January 24th, 2019, “…subject to regulatory approval.” “We’ll continue to update you on our progress… Read More

Bloomberg: Sources Claim Criminal Investigation of Tether and Bitfinex Crypto Exchange Now Underway in US

According to three sources to Bloomberg, a broad investigation into manipulation of cryptocurrency markets initiated last year by the US Department of Justice is now focussing on alleged Bitcoin price manipulation by creators of the Tether cryptocurrency and its origin exchange, Bitfinex. The two businesses are… Read More

Crypto Fund Manager: Shut Downs Looming for Crypto Hedge Funds

Anthony Pompliano, a founder and partner at Morgan Creek Digital assets, has shed light on the inner workings of crypto fund management in a recent blog post, and believes a number will close up when a fund performance reckoning becomes crystal clear at the end… Read More

Kraken Supporting “Volatile” Forked Coin of Bitcoin Cash Despite “Many Red Flags”

Fork

The San Francisco-based cryptocurrency exchange Kraken has begun supporting the “BSV” coin, a crypto token product of last Thursday’s contentious hard forking of Bitcoin Cash. Bitcoin Cash is itself a “fork” or code-splice/copy of Bitcoin created by early Bitcoin champion Roger Ver and allies, who… Read More

Tokyo Police Accuse Eight Men of Running $68 Million Bitcoin Ponzi Scheme

Eight men in Tokyo have been charged by local police with running a Bitcoin Ponzi scheme that authorities say defrauded over 6000 individuals in 44 Japanese prefectures of ¥ 7.8 billion ($68.44 million), Asahi reports. The men, including Kazunari Shibata, 46, who works as an executive… Read More

No Crypto Love at Nvidia as Shares Sink Due to Crypto Hangover

NVIDIA (NASDAQ:NVDA), the company that pretty much redefined the gaming industry with modern computer graphics chips, was hammered in after-hours trading yesterday following quarterly results that failed to please investors. Today, shares in NVIDIA look to open on NASDAQ significantly lower than when markets closed… Read More

IMF Director Lagard Tells Singapore Crowd to Prepare for “New World” of Digital Money

“Change is the only constant,” began IMF Managing Director Christine Lagarde as she addressed a crowd at the Singapore Fintech Festival earlier today (November 14th). “A new wind is blowing, that of digitalization. In this new world, we meet anywhere, any time…A world in which… Read More

McAfee Labs Detects New Crypto Mining Malware “WebCobra”

Researchers at McAfee Labs have discovered a new type of Russian malware quietly mining Zcash and Monero on exploited computers around the world. The malware “arrives via PUP installers” that drop and install either the Cryptonight Monero miner or Claymore’s Zcash miner onto a system, “depending… Read More

Fake Halal Crypto Ponzi Falls Apart in India

A fake halal cryptocurrency pyramid scheme targeting Muslim investors in India has fallen apart in the Bitcoin bear market, in part due to scrutiny from regulators, Deccan Chronicle (DC) reports. Father-and-son team Syed Fareed and Syed Afaq Ahmed reportedly tapped a network of “ulemas” (Muslim… Read More

Michigan Will Not Allow Crypto Campaign Contributions

Because cryptocurrencies are volatile, are not accepted as legal tender anywhere in the world, are not handled by banks and can be transmitted anonymously, without new legislation, the State of Michigan will not be allowing candidates there to accept cryptocurrency campaign donations. These points were… Read More

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