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Bitcoin and Ether Market Update: January 9, 2020

Bitcoin and Ether Market Update: July 18, 2019

July 18, 2019 by Georgi Hristov at Bitcoin, Price Analysis

The total crypto market cap lost another $25 billion of its value since Monday, July 15, and dropped down to $264.5 billion. The top ten coins are mostly in green for the last 24 hours with most of them registering double-digit gains. Bitcoin SV (BSV) and Litecoin (LTC) are the...

Bitcoin Suisse Applies for Banking License with Swiss Regulators

July 17, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

In a bid to expand its crypto product offerings and strengthen its position as a global provider of crypto-based financial services, Bitcoin Suisse AG has applied for a banking license with the Swiss Financial Markets Supervision Authority (FINMA), according to a press release on July 16, 2019. Bitcoin Suisse Seeks...

Two Hands Exchanging a Bitcoin through a Phone

Canadian Startup Partners with Authorities to Launch Tax Payments in Bitcoin

July 17, 2019 by Edoardo Vecchio at Bitcoin

According to a press release dated July 15, 2019, the city of Richmond Hill, Canada, is rolling out a project that allows residents to pay property taxes with bitcoin (BTC) through crypto startup, Coinberry. Pay Property Tax with Bitcoin Canadian digital currency platform, Coinberry, has opened negotiations with the city...

Crypto Performance in 2019: The Highs and Lows

A Security on Bitcoin’s Lightning Network Could Protect Users from Thieves

July 16, 2019 by Edoardo Vecchio at Bitcoin

In the last research report published on July 15, 2019, Bitmex analyzes the Bitcoin Lightning Network with respect to channel closure. The research is focused on a mechanism called “Justice Transactions” that punish dishonest parties and prevent them from stealing funds from other Lightning channels. According to the report, 241...

New York City College Struck by Ransomware, $1.9 Million in Bitcoin Demanded

July 15, 2019 by Ashwath Balakrishnan at Bitcoin

Munroe College in Manhattan has been hit by a ransomware attack that has shut down the college's computer systems. The hackers are demanding 170 bitcoin (BTC), which is roughly $1.9 million. The malware infection came to light on the morning of July 10, but the specifications of the infection are...

Bitcoin, Ether, and XRP Weekly Market Update: July 15, 2019

July 15, 2019 by Georgi Hristov at Bitcoin

The total crypto market cap lost $49.2 billion of its value over the last seven days and now stands at $278.2 billion. The top ten cryptocurrencies are all in the red for the same time frame with almost all of them registering double-digit losses. Bitcoin SV (BSV) and Bitcoin Cash...

German Crypto Blockchain in an electric crystal ball

Europe May not Need Bitcoin to Circumvent U.S. Sanctions

July 14, 2019 by Liam J Kelly at Bitcoin

The Trump administration has been responsible for the recent wave of economic sanctions placed on several countries. The most notable on this list has been Iran. The two country’s tense history around the accumulation of resources needed for atomic weapons has also added an element of global concern. But as...

People Holding Pitchforks with a Fire in the Background

Angry Investors Burn down Bitcoin Ponzi Scheme Operator’s Home

July 13, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Angry South African investors who lost millions of dollars in the now-defunct Bitcoin Ponzi scheme called “Bitcoin Wallets” have looted and burned down the house of Sphelele Sgumza Mbatha, the operator of the scam project, reports the Verge on July 12, 2019. Bitcoin Ponzi Scheme Creator Loses House to Mob...

Bitcoin ATM Count Grows by 500% in Three Years

Bitcoin ATMs Undermine EU Anti-Money Laundering Efforts, Says Spanish Police

July 12, 2019 by Osato Avan-Nomayo at Bitcoin

Spanish law enforcement says Bitcoin ATMs enable criminals to circumvent anti-money laundering (AML) regulations according to a report by Bloomberg. This statement comes following calls from officials in Canada for crypto cash machines to be banned over money-laundering concerns. Meanwhile, the number of crypto kiosks worldwide has crossed 5,000 and...

Ex-Hollywood Exec Indicted for Stealing and Pumping $22 Million into Bitcoin

July 12, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Dennis Blieden, a former executive at StyleHaul Inc., a marketing services, media, and technology firm that represents influencers on YouTube and Instagram, has been arrested for embezzling $22 million from the company. Blieden allegedly invested the money in bitcoin and other personal expenses, according to a press release on July...

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