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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price. дальше »

2019-6-4 19:03


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LocalBitcoins Denies Service to Iranian Users

The popular peer-to-peer bitcoin trading network LocalBitcoins has shut down all trading operations for Iranian users. LocalBitcoins’ website offers a variety of pages for users of different nations and, as of May 24, 2019, the Iranian page displays a message that “LocalBitcoins is currently not available in your selected region,” in English only. дальше »

2019-5-25 20:14


BNB can now be traded on Tesla using two wallets; BNB adoption increases as it can be used to pay for coffee

BNB coin can now be traded on Tesla cars using two wallets, i..e Trust Wallet and Wallet connect app. Tesla’s model 3 car provides support for users to integrate games and more. Elon Musk tweeted about the same when he said that Tesla would be porting Unity, and Unreal Engine, gaming development platforms to Tesla, […] The post BNB can now be traded on Tesla using two wallets; BNB adoption increases as it can be used to pay for coffee appeared first on AMBCrypto. дальше »

2019-5-23 15:43


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Bitcoin Pizza Day: How a hungry Florida man made cryptocurrency history

Nine years ago today, the first ever Bitcoin transaction for a consumer product took place after a Florida man spent 10,000 BTC on two pizzas. Since then, cryptocurrency enthusiasts across the globe have celebrated ‘Bitcoin Pizza Day,’ not because the man in question paid 10,000 BTC, but because at the time said transaction represented a milestone for Bitcoin adoption. дальше »

2019-5-22 16:00


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Australian civil servant faces 10 years for mining cryptocurrency on government computers

An Australian government employee is appearing in court today after using work equipment to mine cryptocurrency for his own gain. The Australian Federal Police (AFP) allege that the 33 year-old from Killara in New South Wales took advantage of his position as an IT contractor to modify government computer systems to mine cryptocurrency. дальше »

2019-5-21 13:27


Facebook Blockchain Team Recruits Two Ex-Coinbase Compliance Managers, Is FB Coin Inevitable?

Facebook, the most popular social media platform in the world with subsidiaries including WhatsApp Inc. and Instagram, has hired two of Coinbase’s former compliance managers. Both gentlemen who were hired this month each spent a few years with Coinbase before leaving and joining Facebook. These moves made by Facebook are said to be a part […] дальше »

2019-5-15 05:47


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Israeli Police, FBI Apprehend Owners of Darknet Site Deep Bot Web

Two Israeli citizens have been apprehended by law enforcement based on suspicions that they developed and ran a darknet marketplace for dealing illegal goods. The Israeli police announced via Twitter that it has collaborated with the United States Federal Bureau of Investigation (FBI) to arrest two locals who they believe managed the dark web marketplace, which used bitcoin to facilitate trades. дальше »

2019-5-8 18:42


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Israeli Police, FBI Apprehend Owners of Darknet Site Deep Dot Web

Two Israeli citizens have been apprehended by law enforcement based on suspicions that they developed and ran a darknet marketplace for dealing illegal goods. The Israeli police announced via Twitter that it has collaborated with the United States Federal Bureau of Investigation (FBI) to arrest two locals who they believe managed the dark web marketplace, which used bitcoin to facilitate trades. дальше »

2019-5-8 18:42


‘Shut Down Cryptocurrencies’ Says Joseph Stiglitz As Fiat Markets Tumble

Two of the world’s most infamous Bitcoin naysayers hit the headlines for the wrong reasons yet again May 6 amid global financial market turmoil. Stiglitz: Crypto Attention ‘Disturbed Me’ As stocks plummeted on the back of fresh threats of a US-China trade war, Joseph Stiglitz, the former World Bank head who has recently become known for his distaste for cryptocurrency, said the whole phenomenon “should be shut down. дальше »

2019-5-6 20:00


‘Craig is Satoshi,’ says Money Button’s Ryan X Charles as he ‘validates’ 8 of Wright’s 17 degrees

Lately, the bearish crypto market has been dominated by controversies involving Craig Wright. This was recently reignited by Ryan Charles, a prominent voice in the crypto community. Charles, the CEO of Money Button, uploaded a video on his YouTube channel to back up a recent tweet that said, “Craig Wright has 17 degrees and he’s getting two more PhDs right now, […] The post ‘Craig is Satoshi,’ says Money Button’s Ryan X Charles as he ‘validates’ 8 of Wright’s 17 degrees appeared first on AMBCrypto. дальше »

2019-5-3 17:00


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. дальше »

2019-5-3 16:21


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Men plead guilty in first NY conviction for money laundering involving Bitcoin

Two US men have pleaded guilty to running a steroid and controlled substance business that laundered millions of dollars in cryptocurrency and Western Union payments. Representing the first conviction for money laundering involving cryptocurrency by New York State prosecutors, the defendants sold their products, which they made, marketed, and shipped, on a website they controlled called ‘NextDayGear,’ as well as on the dark web. дальше »

2019-4-24 12:58