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Category: Bitcoin

Kodak-Branded Bitcoin Mining Rig Labelled a Scam

KashMiner, a Bitcoin mining computer which was on display on Kodak’s official stand at the CES technology show in Las Vegas in January, turned out to be a misleading product with unachievable advertised profits. The product, which was never officially licensed by Kodak, will not go ahead, according to the company behind the scheme. BBC…

Why I took my bonus in Bitcoin

Flashback to 2013, before Bitcoin and blockchain took the public by storm. I was sitting at home when my teenage son asked me when Overstock was going to start accepting Bitcoin as payment. To be honest, at the time I didn’t even know what Bitcoin was, let alone other cryptocurrencies or blockchain. Luckily, my son…

Bitcoin, malware and ‘spearphishing’ helped Russian agents hack Democratic Party computers in 2016 election

On Friday, the Justice Department indicted Lukashev and 11 other officers in the Main Intelligence Directorate of the General Staff, known as the GRU, for interfering in the 2016 presidential election by hacking and leaking tens of thousands of emails and other material from Clinton’s campaign, the Democratic National Committee, the Democratic Congressional Campaign Committee…

New Bitcoin Scam Targets Embarrassed Porn Viewers

A new scam has begun targeting porn viewers in an attempt to blackmail victims and extort $1,900 — and they only take bitcoin. Via malware, the scammers claim to have compromising footage of viewers taken from the would-be victim’s webcam while pornographic videos were playing. The scam email sent to victims begins by revealing to them…

Bitcoin Was Never Just a Computer Program

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Bitcoin Heads for Its Biggest Drop in More Than Two Weeks

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Bitcoin Could go Mainstream Within 10 Years: Imperial College Research

When will cryptocurrencies gain widespread adoption? According to a study conducted by researchers at the Imperial College London, cryptocurrencies possess the potential of becoming a widely used form of payment within the coming decade. In their research report titled “Cryptocurrencies: Overcoming Barriers to Trust and Adoption” Imperial College London’s Professor William Knottenbelt and Imperial College…

How Bitcoin Giant Bitmain Became the Biggest Crypto Company Ever

Bitmain, the biggest bitcoin mining equipment manufacturer, has closed its Series B funding round to secure a valuation of over $12 billion, officially becoming the largest conglomerate in the history of bitcoin and crypto. A Conglomerate Coinbase, Binance, and Ripple Labs are some of the multi-billion dollar corporations in the global cryptocurrency industry that have…

Bitcoin Yuan Trading Below 1% of Global Total after Crackdown, Says China’s Central Bank

The much-publicized and controversial crackdown by China’s central bank on the country’s domestic cryptocurrency sector has had its desired effect. The People’s Bank of China (PBoC) – the country’s central bank and financial regulator – has released data that claims bitcoin trading in China’s fiat currency, the renminbi (RMB), has dropped below 1 percent of…

Newsflash: Bitcoin Price Jumps Above $6800

Bitcoin price abruptly jumped over $6800 (Bitfinex) during trading on Saturday, representing yet another attempt to break above $7,000 during the ongoing bear cycle. There are a number of factors that could have contributed to this sudden jump. Bitcoin, and cryptocurrencies more generally, have seen a plethora of positive news this week. For instance, South…

Bitcoin Tech: Let There Be Ligth(ning)!

Bitcoin was introduced to the world around 10 years ago and much has changed during this bubbling period. As developers promote new upgrades and better code functionality with Bitcoin Improvement Proposals (BIPs), that only get accepted if the global Bitcoin community agrees. I know you guys already know this, but it’s better to be safe…

Is the Bitcoin network an oligarchy?

Details Published on Tuesday, 26 June 2018 13:39 Density of Bitcoin transaction where red crosses mark a specific community of owners. New study of Bitcoin transactions reveals hidden owner communities and a high-concentration of wealth distributed between a few people Cryptocurrencies like Bitcoin can be analysed because every transaction is traceable. This means that they…

Bitcoin Privacy Takes Another Step Forward with Wasabi Wallet Launch

Bitcoin users concerned about permanently writing their financial history to a public blockchain will soon have access to a new tool to protect their privacy: Wasabi, a desktop wallet developed by Adam Ficzor, the maker of HiddenWallet. Introducing Wasabi, a Privacy-Enhancing Bitcoin Wallet Ficzor unveiled Wasabi at Building on Bitcoin 2018, an industry conference dedicated…

Own bitcoin or other cryptocurrency? The ATO is after you

Melbourne lawyer Max became an overnight millionaire when $600 worth of cryptocurrency he’d acquired in 2014 topped out at nearly $7 million late last year. Now he’s fighting the Australian Taxation Office (ATO) over how the loot ought to be taxed. He’s not alone. CPA Australia policy head Paul Drum estimates that hundreds of thousands…

Bitcoin falls after less rosy analyst forecast and report Square has pulled its banking application

Bitcon fell 3 percent Thursday afternoon along with other cryptocurrencies. As of 3:14 p.m. ET, bitcoin was at $6,467.01, according to CoinBase. Last week, the largest cryptocurrency fell as low as $5,799.62, its lowest since mid-November. There hasn’t been any one catalyst to trigger a sudden sell-off in bitcoin, though digital currency trading security breaches…

Extreme Bitcoin Mining Aids an Unexpected Revolution in Iceland

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Bitcoin Exchanges Outperform Traditional Finance Platforms in the Philippines

Bitcoin exchanges and cryptocurrency businesses in the Philippines have been outperforming traditional financial platforms in popularity and user activity throughout 2018. Practical Policies On July 2, CCN reported that the Cagayan Economic Zone Authority (CEZA), an economic zone in the northern part of the Philippines supported by the government, will embrace up to 25 cryptocurrency…

Criminalité : le bitcoin n’est plus l’ennemi public n° 1

Le bitcoin a été détrôné par d’autres devises plus adaptées à l’économie informelle. Les régulateurs sont focalisés sur les fraudes massives des « ICO ». Le Federal Bureau of Investigation (FBI) a lancé près de  130 enquêtes dans le  secteur des devises cryptographiques , selon l’agence « Bloomberg ». Mais le bitcoin n’est plus l’ennemi public numéro 1 des autorités.…

Bitcoin, dal pi� grande furto della storia emerge un tesoretto di un miliardo di dollari

Gli ex clienti di Mt.Gox, la piattaforma di scambio di criptovalute che aveva dichiarato fallimento quattro anni fa sull’onda di un cyberattacco, potrebbero ritrovarsi oggi con molti pi soldi di quelli investiti allora. Dopo un estenuante braccio di ferro legale, un tribunale giapponese ha sentenziato che la societ nipponica debba uscire dalla procedura fallimentare, aprendo…

Bitcoin Jumps Back Above $6,000 on Saturday

The weekend is offering some respite for Bitcoin investors. The bellwether of the cryptocurrency world rose 8 percent to $6,360.45 as of 11:23 a.m. in New York on Saturday, according to Bitstamp prices. The gain, which comes after the digital asset crashed through the $6,000 threshold last week for the first time since February, means…