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PayPal snitched on bullish movie pirate who bought $1M in cryptocurrency from Coinbase
US authorities have seized over $4 million worth of cryptocurrency and cash following a movie piracy investigation conducted by Homeland Security Investigations (HSI) and Motion Picture Association of America (MPAA). äàëüøå »
2019-5-14 13:19
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Australian ‘influencer’ Belle Gibson faked cancer and used profits to trade cryptocurrency
Authorities are investigating an Australian social media influencer‘s bank accounts after she defrauded her followers with fake cancer claims and used the money to trade cryptocurrency. Annabelle “Belle” Gibson has been systematically lying to her followers and using her company’s profits to trade cryptocurrencies, futures, and place sports bets, the Canberra Times reports. äàëüøå »
2019-5-14 12:36
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Bitcoin breaks past $8,000 to hit yet another 2019 price record
Bitcoin’s price is rallying, surpassing the $8,000 for the first time this year. According to CoinMarketCap, the digital currency last stood at around $8,000 in July last year. It comes after the world’s most famous cryptocurrency reached a new yearly high, pushing past $5,600 earlier this month. äàëüøå »
2019-5-14 12:25
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BitMEX: IEOs raised $39M, but projects keep 95% of tokens on average
Initial exchange offerings (IEOs) have raised $38. 9 million with token sales in 2019, reports BitMEX Research, the analytics arm of cryptocurrency exchange BitMEX. While early IEO investors have had lots of opportunity to profit, returns have been typically poor once the tokens become tradable. äàëüøå »
2019-5-13 17:35
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NY’s Bitcoin Bandit ordered to pay $75M to SIM-swap victim
Michael Terpin, the Bitcoin investor who had $24 million worth of cryptocurrency stolen from him in a SIM-swapping hack, has been awarded a payout three-times the size of his original loss. Los Angeles Superior Court has ordered New York-based Bitcoin Bandit Nicholas Truglia to pay Terpin $74. äàëüøå »
2019-5-13 17:18
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Bitcoin is having a great 2019; altcoins, not so much
Bitcoin‘s most-recent pump to $7,000 was the strongest price rally over a six-week period since just before the famous 2017 bull-run, reports boutique analytics firm Delphi Digital. It also means Bitcoin has officially recovered all of its losses from November 2018’s monstrous market dumping, when the price of BTC fell more than 50 percent in a matter of weeks. äàëüøå »
2019-5-13 13:57
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SIM-swappers face hundreds of years in prison for $2.4M cryptocurrency theft
An Irish man, part of a hacking group called “The Community,” is facing upwards of 100 years in a US prison after allegedly stealing over $2 million worth of cryptocurrencies in a series of SIM-swap attacks. äàëüøå »
2019-5-13 13:04
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HTC’s new $300 blockchain phone will double as a Bitcoin node
Taiwainese mobile phone manufacturer HTC is launching a more affordable blockchain phone with full Bitcoin node capabilities. Originally announced last month, the Exodus 1S will be launching in Q3 this year and will have an extra SD card to support its blockchain capabilities. äàëüøå »
2019-5-13 11:01
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Moonday Mornings: Binance to resume deposits and withdrawals after $40M Bitcoin hack
It’s time for Moonday Mornings, Hard Fork’s wrap-up of the weekend’s top cryptocurrency and blockchain headlines. Here’s what happened. 1. Binance says it will resume deposits and withdrawals on its platform on Tuesday. äàëüøå »
2019-5-13 10:58
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eToro’s Yoni Assia is live at TNW2019 – tune in now!
Welcome to the second day of TNW Conference 2019, our flagship technology festival in Amsterdam. We’re live at the eToro Studio, where we’re chatting about the future of cryptocurrency and blockchain with some of the industry’s leading experts. äàëüøå »
2019-5-10 15:50
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IOTA’s Dominik Schiener is live at TNW2019 – tune in now!
Welcome to the first day of TNW Conference 2019, our flagship technology festival in Amsterdam. We’re about to kick off our livestream at the eToro Studio, where we’ll be chatting about the future of cryptocurrency and blockchain with some of the industry’s leading experts. äàëüøå »
2019-5-10 14:50
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Futurist and filmmaker Ian Khan is live at TNW2019 – tune in now!
Welcome to the second day of TNW Conference 2019, our flagship technology festival in Amsterdam. We are kicking off our blockchain and cryptocurrency track, Hard Fork. First to the stage is futurist and filmmaker Ian Khan, who will share his thoughts on what the blockchain revolution means for us – and how the technology can enable trust, transparency, and efficiency. äàëüøå »
2019-5-10 10:25
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Humaniq’s Anton Mozgovy is live at TNW2019 – tune in now!
Welcome to the first day of TNW Conference 2019, our flagship technology festival in Amsterdam. We’re live at the eToro Studio, where we’re chatting about the future of cryptocurrency and blockchain with some of the industry’s leading experts. äàëüøå »
2019-5-9 16:50
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Deloitte’s tips on coming up with viable blockchain use cases
Today at TNW2019 in Amsterdam, consulting giant Deloitte shared some tips on how to use blockchain to streamline your business operations – and find suitable use cases for the fledgling technology. äàëüøå »
2019-5-9 12:47
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Prince Charles on Bitcoin: ‘It’s a very interesting development’
A Twitter user posted a video of them asking the heir to the British throne, Prince Charles, what he thought of Bitcoin, cryptocurrency, and blockchain yesterday. The Prince’s response? “Oh yes, it’s a very interesting development. äàëüøå »
2019-5-8 16:39
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Craig Wright’s wife Ramona Ang sues exchange for $3M in Bitcoin losses
News surfaced yesterday that the wife of Craig Wright, the man famous for claiming to be Satoshi Nakamoto, has supposedly lost $3 million worth of Bitcoin following a series of trading mishaps. äàëüøå »
2019-5-8 13:33
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Here’s why Binance can’t erase the $40M hack from Bitcoin’s blockchain
The head of cryptocurrency exchange Binance responded to a 7,000 BTC ($40 million) hack with an outlandish idea: take over the entire Bitcoin blockchain and cancel the transactions. A major digital asset exchange openly colluding with cryptocurrency mining pools to reverse transactions would certainly be bad for PR. äàëüøå »
2019-5-8 13:31
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Binance hacked for over $40M worth of Bitcoin
Binance suffered what it’s calling a “large scale security breach” yesterday evening. The hackers were able to transfer 7,000 Bitcoin (over $40 million at the time of writing) in one transaction from the company’s hot wallet. äàëüøå »
2019-5-8 11:17
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WeChat quietly bans cryptocurrency fundraising
The Chinese equivalent of WhatsApp, WeChat, has updated its terms of service to ban merchants from fundraising by using tokens or cryptocurrencies. The Tencent-operated chat messaging app quietly revised its policy last month; the new policy will take effect on May 31. äàëüøå »
2019-5-7 17:19
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FTC sues entrepreneur who raised $800K for smart backpack – then used it to buy Bitcoin
Serial crowdfunder Douglas Monahan will face court, accused of misusing more than $800,000 raised for a hi-tech range of backpacks to buy Bitcoin and pay credit card debt. The US federal trade commission (FTC) also claims Monahan threatened hundreds of consumers to silence criticism. äàëüøå »
2019-5-7 16:19
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Microsoft releases Visual Studio dev kit for Ethereum dapps
Microsoft is further broadening its suite of enterprise-grade blockchain tools with the launch of a Visual Studio development kit for Ethereum and its own Azure blockchain. The Redmond giant tech firm officially announced the launch of the dev kit in a blog post yesterday, as spotted by CoinDesk. äàëüøå »
2019-5-7 14:39
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Bitcoin miners earn $305M in April as transaction fees jump 250%
Bitcoin miners earned $291 million through ‘block rewards’ in April, marking a 30-percent monthly revenue increase, reports research unit Diar. They collected an additional $14 million with Bitcoin transaction fees, 250 percent more than in March. äàëüøå »
2019-5-7 13:29
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IBM is putting sustainable shrimp on the blockchain
Shrimp is the latest foodstuff to make its way to the blockchain, courtesy of IBM. The Sustainable Shrimp Partnership (SSP) yesterday announced that its joined IBM‘s Food Trust ecosystem which claims to use blockchain to provide greater transparency over where your food comes from. äàëüøå »
2019-5-7 12:07
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TRON suffered from a critical bug that could’ve crashed its entire blockchain
Just one computer could have brought TRON’s entire blockchain to a screeching halt, a new HackerOne disclosure has revealed. Until quite recently, bad actors were reportedly able to maliciously consume the CPU power of the network with Distributed Denial-of-Service (DDoS) attacks. äàëüøå »
2019-5-6 18:49
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Bitfinex is skewing Bitcoin’s price so much, it’s now being ignored by CoinMarketCap
Cryptocurrency market information website CoinMarketCap is no longer including Bitfinex’s Bitcoin price in its weighted average due to skewed data. Bitcoin‘s weighted average price is $5,696. 94 (at the time of writing). äàëüøå »
2019-5-6 17:55
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Bitcoin has nearly 100,000 nodes, but over 50% run vulnerable code
On May 5, the Bitcoin network briefly boasted over 100,000 ‘full nodes,’ but most are still running out-of-date versions of the software. PSA: a lot of people believe there are about 10,000 Bitcoin nodes. äàëüøå »
2019-5-6 15:01
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The GitHub extortion victims are outsmarting their Bitcoin scammers
Blackmailers have been wiping GitHub repositories and withholding code to extort Bitcoin from their victims. Over 390 respos have been affected, but so far, the attackers haven’t made enough to even buy a coffee. äàëüøå »
2019-5-6 13:29
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Moonday Mornings: Bitcoin extortionists are wiping GitHub repositories – unless you pay up
Good morning. It’s Monday, so you know what that means. It’s time for Moonday Mornings, our wrap-up of the weekend’s top cryptocurrency and blockchain headlines. 1. Bitcoin extortionists have been wiping GitHub repositories and holding the data to ransom, Bleeping Computer reports. äàëüøå »
2019-5-6 11:32
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Cryptocurrency Q1 roundup: How did XRP perform?
Cryptocurrency and blockchain were built to usurp centralized authorities like governments and banks. And then came Ripple, the digital asset that throws the cypherpunk ideology straight out the window. äàëüøå »
2019-5-3 17:16
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Police seize over $600K in cash, Bitcoin, and Monero in worldwide dark web drug bust
Police have busted two prolific dark web drug markets in a global sting, seizing six-figure amounts of Bitcoin and Monero cryptocurrency, as well as loads of narcotics. “[The Wall Street Market] was the world’s second largest dark web market, enabling the trade in drugs (including cocaine, heroin, cannabis and amphetamines), stolen data, fake documents and malicious software,” said Europol. äàëüøå »
2019-5-3 16:21
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Jersey man puts $1.5M life savings in Bitcoin scam, loses everything
A resident of the self-governing British island, Jersey, has lost their life-savings to a Bitcoin scam. Scammers hoodwinked the victim over an 18-month period leading him on to eventually hand over his mpany was offering legitimate Bitcoin investments. äàëüøå »
2019-5-3 16:09
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Microsoft teams up with JP Morgan to shill enterprise blockchains
Microsoft and American bank JP Morgan are teaming up to make it easier to put enterprise businesses on the blockchain. Yesterday, Microsoft announced, that it’s partnered with the American banking giant to try to spearhead the adoption of JPM’s enterprise variant of the Ethereum blockchain, Quorum. äàëüøå »
2019-5-3 12:20
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Bitcoin price surges past $5,600 to set new 2019 high
Bitcoin‘s price has pushed past $5,600 to set a new 2019-high for the third time in less than a month. The rally comes despite recent confirmation that the world’s most popular stablecoin, Tether, is not completely backed “one-to-one” with cash. äàëüøå »
2019-5-3 11:31
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Facebook is developing a fiat-backed stablecoin payment system
While details have remained scarce, Facebook’s plans to create its own cryptocurrency have not exactly been secret. But with its latest announcement, Facebook looks to be developing its own stablecoin-backed payment system, The Wall Street Journal reports. äàëüøå »
2019-5-3 11:00
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Want a blockchain job in big tech? This course might help you land one
What do Facebook, Visa, Shell, IBM, and EY have in common (other than being stupid rich)? They’re all hiring blockchain talent. Indeed, blockchain jobs are popping up all over the place these days. äàëüøå »
2019-5-2 18:11
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1 million crypto-jacking attempts blocked daily, despite Coinhive’s demise
The cryptocurrency mining script Coinhive may have shut down earlier this year, but crypto-jackers are still active across the internet. Many devices originally infected with Coinhive are also still trying to illicitly mine cryptocurrency. äàëüøå »
2019-5-2 17:59
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The Bitcoin bear is dead, but Tether drama could spell bad news for traders
The price of Bitcoin has “bottomed” – or so say the cryptocurrency analysts who predicted the end of the bear market. But, they’re also warning the recent Tether drama could turn Bitcoin bearish again over the short term. äàëüøå »
2019-5-2 16:04
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JP Morgan helps Canada and Singapore trial bank transfers on the ‘blockchain’
Central banks in Canada and Singapore claim to have successfully completed a cross-border payment using distributed ledger technology. The Monetary Authority of Singapore (MAS) announced earlier today that it has successfully settled an international payment with The Bank of Canada, in what it refers to as “Project Jasper-Ubin. äàëüøå »
2019-5-2 14:03
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NYPD: Bitcoin thieves posing as government officials have stolen over $2M
New York’s Police Department (NYPD) is alerting the public about phone scammers posing as Social Security Administration officials and requesting payment in Bitcoin, prepaid gift cards, and bank wire transfers. äàëüøå »
2019-5-2 13:05
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Bitcoin whale moved $212 million in cryptocurrency — for just $3.93
An infamous Bitcoin ‘whale’ has moved an enormous cryptocurrency fortune in a single transaction, and the network charged less than $4 in fees. Bitcointalk's famous whale Loaded is moving its 40k BTC stash again. äàëüøå »
2019-5-2 12:55
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Chinese blockchain firm swaps Bitcoin for cannabis in search of new highs
Following the effects of the crypto-winter, one Chinese firm has been forced to diversify its business model away from blockchain. It’s chosen industrial hemp as the next addition to its portfolio. äàëüøå »
2019-5-2 11:51
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Cryptocurrency Q1 roundup: How did Ethereum perform?
Ethereum’s creators wanted to create a platform that would allow users all over the world to write decentralized applications, and use the Ethereum blockchain as what it calls a “world computer. äàëüøå »
2019-5-1 21:47
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The Hull City AFC ‘cryptocurrency’ buyout has quietly fallen through
Contrary to what reports from last year suggested, English Championship football club Hull City AFC won’t be getting acquired by cryptocurrency crowd funding platform SportyCo. According to sources familiar with the matter, SportyCo’s managing director, Marko Filej, met with the club’s owners and agreed on a price. äàëüøå »
2019-5-1 17:41
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Dutch central bank tested blockchain for 3 years. The results? ‘Not that positive’
The Dutch central bank developed and evaluated four distributed ledger technology (DLT) prototypes in three years, but so far blockchain hasn’t lived up to the hype, The Banker reports. In fact, the only use-case it can easily envision is cross-border payments, after it discovered that markets with efficient payment systems that exist (such as Nordic countries and the Netherlands) don’t really benefit from blockchain. äàëüøå »
2019-5-1 17:15
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Controversial stablecoin Tether is only 74 percent backed by cash (and other assets)
Tether’s lawyer has now admitted that the stablecoin is only 74 percent backed by cash and equivalents, according to an affidavit filed on Tuesday. In the filing, Stuart Hoegner, the company’s general counsel, said Tether held approximately $2. äàëüøå »
2019-5-1 13:19
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‘Shadow banking’ duo charged for laundering millions of dollars for cryptocurrency exchanges
The US Attorney for the Southern District of New York has charged two people in connection with running an unlicensed money transfer business used to make deposits for cryptocurrency exchanges. äàëüøå »
2019-5-1 13:13
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Amazon says AT&T, Accenture, and Nestle are all using its blockchain tools
Amazon is ramping up its blockchain services – and it’s already convinced giants like AT&T, Accenture and Nestle to use them. The company’s cloud solutions subsidiary, Amazon Web Services (AWS), announced its Amazon Managed Blockchain suite is now “generally available” (whatever that means). äàëüøå »
2019-5-1 13:08
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Carrefour put cheese on the blockchain and it’s going grate
French supermarket giant Carrefour is ready to sell blockchain-enabled cheese. Carrefour will soon allow customers to scan QR codes embedded in the packaging of its Rocamadour CQL fromage to learn more about the product’s origin, reports European Supermarket Magazine. äàëüøå »
2019-4-30 17:50
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Bitcoin ‘anonymization’ is up 300% this year
Bitcoiners are using cryptocurrency mixers three times more often than they were nine months ago. Mixed cryptocurrency transactions – or CoinJoins – now account for over 4 percent of all Bitcoin transactions, according to a report from blockchain data firm Long Hash. äàëüøå »
2019-4-30 16:43
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Vitalik Buterin schools Elon Musk on Ethereum’s best use-cases
The most recent conversation between Elon Musk and Ethereum co-founder Vitalik Buterin seems to have shifted from trolling to legitimate discussion. Earlier this morning, the Tesla founder mysteriously tweeted “Ethereum. äàëüøå »
2019-4-30 13:48
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