#Bitcoin

Microsoft Outlook Security Breach Targeted Bitcoin Accounts

April 30, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin, Crime, Cybersecurity, News

Earlier in April 2019, Microsoft Hotmail, MSN, and Outlook email accounts suffered a severe security breach. Now, a good number of the victims have revealed that their cryptocurrency wallets were hacked during the ugly incident, reports Motherboard on April 29, 2019. Microsoft Customer Support Account Hacked Per the report, the...

Construction Workers Pitching up a Sign that Says No Crypto

State of Cryptocurencies and Blockchain Technology in India

April 30, 2019 by Ashwath Balakrishnan at Adoption, Bitcoin, Blockchain, Business, Cryptocyclopedia, Regulation

After the recent announcement of a bill that will potentially ban virtual currency in India, BTCManager has summarized reports from the Reserve Bank of India (RBI) and the litigation surrounding the current blanket ban. Gaining Legitimacy Until early 2017, cryptocurrency was merely an intriguing technology for a handful of engineers...

Sim Swapping Cryptocurrency SKull Bones Smartphone Green Red White Blue

Africa Leads Race toward Defeating SIM Swaps; US Appears Unconcerned

April 30, 2019 by Mohammad Musharraf at Altcoins, Bitcoin, Crime, Cybersecurity, News

André Tenreiro, a Computer Emergency Readiness Team member at one of Mozambique’s largest phone carriers, told WIRED, April 26, 2019, that around a year ago, he was called in for a meeting with his company’s CTO and an executive of the country’s largest bank to discuss fixes for the increasing...

Satoshi Nakamoto Mining Green Crypto Bitcoin SV Coinbase

Miner with “Satoshi Nakamoto” Handle Gaining Majority on the Bitcoin Cash Blockchain

April 30, 2019 by Ashwath Balakrishnan at Altcoins, Bitcoin, Mining, News

The Bitcoin Cash (BCH) community is preparing itself for another hash war as an unknown miner with Satoshi’s name in the block’s coin base accounts for 44% of current BCH hash rate. A Reddit user posted these findings on April 29, 2019. Siren goes off for Hash War As BCH prepares itself...

Dubai: Largest Bitcoin Luxury Real Estate Project Put on Hold

April 30, 2019 by Ashwath Balakrishnan at Adoption, Bitcoin, News, Regulation

The Aston Plaza in Dubai, the first real estate project to be sold in Bitcoin, has reportedly hit a regulatory "snag" as authorities have called the promoters past business ventures into question. This according to an April 29, 2019 report from The Next Web. Regulatory Hurdles The promoter for the Aston...

Built Over Brave, Gab’s Browser Plans to Use Bitcoin Instead of BAT

April 30, 2019 by Mohammad Musharraf at Adoption, Altcoins, Bitcoin, Commentary, News

Gab is using Brave’s open source code to build its browser, Dissenter, and plans to integrate Bitcoin's Lightning Network and replace BAT tokens, reported Decrypt Media, April 25, 2019. Brave CEO Not Impressed by Dissenter The free-speech social media platform Gab has been blocked out from almost all payment processors...

McAfee Announces Crypto Debit Card Teaser

April 29, 2019 by Mohammad Musharraf at Adoption, Bitcoin, Development, Finance, News

In a tweet on April 27, 2019, John McAfee, the founder of McAfee Associates, a software security firm, announced that his company is working on a crypto credit card that will be accepted everywhere. Soon after, in another tweet, McAfee corrected himself and reported that it will be a debit...

A Stark Warning Emerges About Bitfinex and ‘Wash Trading’

Bitfinex Saga Continues: 700,000 ETH and 17,000 BTC Moved from Cold Wallets

April 27, 2019 by Ashwath Balakrishnan at Altcoins, Bitcoin, Exchange, News

After the New York State Department of Financial Services (NYSDFS) accused Bitfinex of covering up to $850 million worth of losses with issued Tether, over 700,000 ether and 17,000 bitcoin have been moved out of recognized Bitfinex cold wallets. Cryptocurrency Moved from Cold Wallet New York State Attorney General, Letitia...

Terrorist Group Creates Multiple Wallet Addresses to Bypass Anti-Terrorism Vigilance

April 27, 2019 by Aisshwarya Tiwari at Bitcoin, Crime, News

According to a Reuters report published April 26, 2019, the armed offshoot of Hamas group is using complex methods of raising funds via digital currencies, making it difficult for regulators around the world to crack down on terror financing. Financing Terrorism Cryptocurrencies and their use in the financing of terror...

Indian Government Mulling Blanket Ban on Cryptocurrencies

April 26, 2019 by Aisshwarya Tiwari at Altcoins, Bitcoin, Commentary, News, Regulation

The government of India has drafted a bill to completely ban cryptocurrencies and regulate official digital currencies, reports The Economic Times, April 26, 2019. Things Go from Bad to Worse Since its inception, the growth of the Indian cryptocurrency ecosystem has been continually stalled due to government and Reserve Bank...

Bitcoin Protected from a Lightning Storm

Digital Asset Trading Firm GSR Launches Bitcoin Variance Swap

April 26, 2019 by Alex Lielacher at Bitcoin, Finance, News

Algorithmic digital asset trading company GSR announced the launch of a new cryptocurrency derivative, called a Bitcoin Variance Swap, which allows investors to hedge their cryptoasset portfolio against the volatility of bitcoin. Hedging Bitcoin Volatility Using Bitcoin Variance Swaps Hong Kong-based GSR announced in a press release that they now...

Wall Street Market Shutdown Sees $14.2 Million Stolen

April 26, 2019 by Tokoni Uti at Bitcoin, Business, Crime, News

Following the shutdown of another prominent dark web marketplace, the Wall Street Market has also shut down, with $14.2 million in customer funds lost, as reported on April 23, 2019. The Great Shutdown One of the biggest ongoing tasks for the crypto community is the shedding of its image as...

SoftBank Inks $1 Billion Partnership Deal with Wirecard

April 26, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin, Business, News

Wirecard, a German internet technology and financial services company, has inked a strategic partnership deal that will see SoftBank Group Corp., a Japanese multinational conglomerate, invest over $1 dollars in the form of convertible bonds in the former. The investment will enable Wirecard expand its digital payments products and service...

Bitcoin, Ether, and XRP Weekly Market Update December 23, 2019

Bitcoin and Ether Market Update: April 26, 2019

April 26, 2019 by Georgi Hristov at Bitcoin, Cryptocurrency Market Outlook, Ethereum, News Digest, Price Analysis

The total crypto market cap lost $13 billion of its value since April 24 and now stands at $171.5. The top ten currencies are all in red for the 24-hour period with Cardano (ADA) and Stellar (XLM) being the worst performers with four percent of losses each. At the time...

Simpsons Character Telling Folks to Buy Bitcoin

US: Two Nigerians Indicted for $270,000 Bitcoin Fraud Scheme

April 26, 2019 by Aisshwarya Tiwari at Bitcoin, Crime, News, Regulation

According to an official notification published April 24, 2019, by the U.S. Department of Justice for Oregon, two Nigerian nationals have been charged in a 13-count indictment with regard to their alleged involvement in an online bitcoin fraud scheme. Criminals Continue to Use Digital Currencies The rising popularity of cryptocurrencies...

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