Day: November 7, 2019

FBI: Crypto Is A “Significant Problem That Will Get Bigger And Bigger”

FBI: Crypto Is A “Significant Problem That Will Get Bigger And Bigger”

Director for the Federal Bureau of Investigation (FBI) Christopher Wray testified before the Senate Homeland Security Committee at a hearing on securi ...
Crypto Miner Steals $5M Worth of Computing Power Using Identity of Riot Games Founder

Crypto Miner Steals $5M Worth of Computing Power Using Identity of Riot Games Founder

Co-founder of Riot Games Marc Merrill had his identity stolen by a Singaporian national who used Merrill’s personal information to illegally access ...
Ridiculous Crypto Regulations Are an Enemy of Bitcoin

Ridiculous Crypto Regulations Are an Enemy of Bitcoin

One of the biggest privacy issues in today’s society revolves around the use of overreaching know-your-customer (KYC) and anti-money laundering ...
Bitcoin Holds Key Support Level, But Break Below It Could Spark Major Sell Off

Bitcoin Holds Key Support Level, But Break Below It Could Spark Major Sell Off

Bitcoin and the aggregated crypto markets have been caught in a firm bout of sideways trading for the past couple of weeks, with BTC trading firmly wi ...
Bitcoin is Transforming Geopolitics like Gunpowder Did, Says Crypto Commentator

Bitcoin is Transforming Geopolitics like Gunpowder Did, Says Crypto Commentator

For many of its earliest proponents, Bitcoin represents much more than an investment vehicle. For its most ardent supporters, the cryptocurrency has t ...
Nearly Two Years Later, A Retail Crypto Fund Experiment Is Down 81%

Nearly Two Years Later, A Retail Crypto Fund Experiment Is Down 81%

Back at the tail end of the crypto hype bubble in 2017, it wasn’t uncommon to find posts throughout the cryptocurrency community that demonstrated wha ...
Pro-Crypto Silvergate Bank Goes Public in Listing on NYSE

Pro-Crypto Silvergate Bank Goes Public in Listing on NYSE

Silvergate Capital (NYSE:SI) celebrates its IPO day and launches shares trading on the NYSE on Nov. 7. Shares of pro-crypto Silvergate Bank were lau ...
FBI Says Bitcoin Concern Is Getting ‘Bigger and Bigger’

FBI Says Bitcoin Concern Is Getting ‘Bigger and Bigger’

In a recent U.S. Senate Committee on Homeland Security And Governmental Affairs hearing, Senator Mitt Romney expressed concerns about Bitcoin’s ...
Could a Post-Swell Ripple Dump Cause XRP To Drop Another 50%?

Could a Post-Swell Ripple Dump Cause XRP To Drop Another 50%?

This week kicks off the annual Swell event hosted by Ripple, which gathers together the greatest minds and influencers from the crypto and general fin ...
Indeed: Searches for BTC Jobs Drop 53%, Employer Demand Up 26% in 2019

Indeed: Searches for BTC Jobs Drop 53%, Employer Demand Up 26% in 2019

Indeed reports a major discrepancy between growth rates of job seeker and employer interest in crypto since 2015, with employer demand outpacing emp ...
Preview of Today’s SEC Meeting on Harmonizing Securities Exemptions

Preview of Today’s SEC Meeting on Harmonizing Securities Exemptions

Today, the United States Securities and Exchange Commission (SEC) is hosting two meetings of the investor advisory committee. The second of these is s ...
At Current Rates, Cash App To Buy 16% of New BTC Supply After Halving

At Current Rates, Cash App To Buy 16% of New BTC Supply After Halving

Cash App will be buying 16% of Bitcoin’s new supply after the halving if the firm’s buying appetite doesn’t decrease and the asset’s price increase. ...
Analysts Laugh Off Recent ‘One-Whale Theory’ of BTC’s 2017 Bull Run

Analysts Laugh Off Recent ‘One-Whale Theory’ of BTC’s 2017 Bull Run

Just a single player or entity was allegedly responsible for Bitcoin’s historic price surge, according to academics… Experts call bluff. Just a sing ...
Market Outlook: Crypto Whale Tales and China’s Blockchain Hype

Market Outlook: Crypto Whale Tales and China’s Blockchain Hype

During our last market outlook, cryptocurrency prices had found new foundations after the massive rally on Friday, October 25. Since then digital curr ...
Venezuela President Maduro Touts Trezor Bitcoin Wallet on National TV

Venezuela President Maduro Touts Trezor Bitcoin Wallet on National TV

On Nov. 6, President of Venezuela, Nicolas Maduro appeared on state-run television station Venezuelan Television Corporation (VTV), holding a crypto h ...
BTC Miners: No More Basement Rigs, Greater Profits to Come

BTC Miners: No More Basement Rigs, Greater Profits to Come

Bitcoin mining has become a multibillion-dollar industry — but with 85% of Bitcoin extracted, is it still profitable? Back in the early days, when B ...
Turkey Becomes the Latest Nation to Work on Digital Fiat

Turkey Becomes the Latest Nation to Work on Digital Fiat

Trade wars, sanctions, fear from private and decentralized cryptocurrencies. Regardless of the motive, a number of governments have recently taken the ...
Hong Kong Startup Launches LSE-Powered Bitcoin Spot, Futures Platform

Hong Kong Startup Launches LSE-Powered Bitcoin Spot, Futures Platform

Hong Kong-based Bitcoin spot and derivatives exchange Atom Group has launched amid a tightening of the region’s crypto-regulatory regime. Hong Kong- ...
Indonesia Watchdog Blocks Cryptocurrency Lending Platform

Indonesia Watchdog Blocks Cryptocurrency Lending Platform

Indonesia’s Financial Services Authority, known as OJK, has identified and blocked almost 300 illegal peer-to-peer lending platforms, which includes o ...
Blockchain Must Solve These 3 Issues to Avoid Quantum Threat: Expert

Blockchain Must Solve These 3 Issues to Avoid Quantum Threat: Expert

Head of Cryptography at IoTeX says the blockchain community should address three issues to prevent being overtaken by quantum computers. Blockchain ...
The Essential Crossroads of Privacy and Blockchain

The Essential Crossroads of Privacy and Blockchain

Data breaches occur every passing minute of every passing day. From SIM swap attacks on mobile phones to major data breaches that have exposed the con ...
Bloomberg Analyst Explains Why Bitcoin Price is “Caged” by $8,000 to $12,000 Range

Bloomberg Analyst Explains Why Bitcoin Price is “Caged” by $8,000 to $12,000 Range

Bitcoin’s surge from $7,300 to $10,600 woke up cryptocurrency bulls after a long slumber. And as normal, bulls have pushed extremely bullish price pre ...
Swell the News? XRP Drops 5% as Ripple’s Flagship Event Kicks Off

Swell the News? XRP Drops 5% as Ripple’s Flagship Event Kicks Off

The controversial third-largest cryptocurrency XRP decisively rejected by resistance at $0.30 to continue trading near all-time lows. Ripple’s ...
PwC Analyst: Blockchain Gives ‘Illusion of Traceability’ for Walmart

PwC Analyst: Blockchain Gives ‘Illusion of Traceability’ for Walmart

Auditors allege the biggest hurdle facing the blockchain systems being adopted by food retail giants such as Walmart and Nestlé has nothing to do wi ...
Bitcoin History Part 19: Wikileaks and the Hornet’s Nest

Bitcoin History Part 19: Wikileaks and the Hornet’s Nest

“WikiLeaks has kicked the hornet’s nest, and the swarm is headed towards us.” With those 13 words, Satoshi Nakamoto stepped into obl ...
Max Keiser: Bitcoin’s ‘Self-Settlement’ Is a Revolution Against Dollar

Max Keiser: Bitcoin’s ‘Self-Settlement’ Is a Revolution Against Dollar

Transacting in both paper and the precious metal involves “friction,” whereas Bitcoin combines settlement and transacting, says the Wall Street vete ...
Bitcoin Steady Around $9.2K as ‘Volatility Collapse’ Predicts Big Move

Bitcoin Steady Around $9.2K as ‘Volatility Collapse’ Predicts Big Move

Bitcoin (BTC) continued its downtrend on Nov. 7, barely keeping support above $9,200 as market commentators stay realistic about the future. Cryptocu ...
Hong Kong Steps Up Research Into Central Bank Digital Currency

Hong Kong Steps Up Research Into Central Bank Digital Currency

The Hong Kong Monetary Authority has revealed it will publish its research into applications for a central bank digital currency by Q1 2020. The Hon ...
New Blockchain Product for Loyalty to Accumulate USD 4.59 Billion

New Blockchain Product for Loyalty to Accumulate USD 4.59 Billion

Leading merchants in many sectors are constantly introducing new loyalty programs for customers or enhancing current programs.  According to the new m ...
Russia: New Law Would Let Police Confiscate Bitcoin From 2021

Russia: New Law Would Let Police Confiscate Bitcoin From 2021

A project by the interior ministry and other entities even includes creating dedicated government wallets for transferring of seized funds. Russia i ...