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22-year-old gets 2 years in jail for illegally selling hundreds of thousands in Bitcoin

A 22-year-old man in the US has been sentenced to two years in prison for selling hundreds of thousands of dollars in Bitcoin through an unlicensed money transmitting business. Jacob Burrell Campos, who had been in custody without bail since he was arrested in August last year, was also forced to forfeit $823,357 in illicit profits. äàëüøå »

2019-4-9 13:04


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Bitcoin hits massive milestone with its 400,000,000th transaction

Bitcoin has reached a milestone! The blockchain powering the world’s most popular cryptocurrency officially processed its 400,000,000th transaction overnight. That’s right. Check the records – at pixel time, there have been at least 400,251,742 transactions sent via Bitcoin‘s independent, censorship-resistant, peer-to-peer electronic cash system. äàëüøå »

2019-4-9 12:19


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Windows 10 now lets you pull out USB drives without ‘safely removing’ them

We all know that one person who annoyingly reminds you to use “Safely Remove Hardware” before pulling the USB drive out of the slot. They shouldn’t bother you anymore. As Betanews first noted, Microsoft has introduced a new policy that allows you to remove the device without using the Safely Remove Hardware process – as long as you’re not writing data to it. äàëüøå »

2019-4-9 08:37


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Bitcoin wallet Electrum hit by DoS attack from 140,000-strong botnet

The servers of popular Bitcoin wallet Electrum are under heavy attack, and users are advised to be extra careful when using the platform until it’s resolved. A sophisticated botnet of more than 140,000 machines has launched Denial-of-Service (DoS) attacks on Electrum‘s servers, with apparent intent to direct users to compromised versions of the software designed to steal their Bitcoin. äàëüøå »

2019-4-8 18:06


EU proposal requires platforms to delete ‘terrorist content’ in 1 hour or face fines

Just 12 days after voting ‘yes’ on the controversial Copyright Reform, the EU is discussing new regulation that might further hurt smaller platforms. The EU Parliament’s Committee on Civil Liberties, Justice, and Home Affairs (LIBE) will vote today, April 8, on implementing a one-hour deadline for any platform to delete terrorist content. äàëüøå »

2019-4-8 15:40


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South Korean police use AI to bust $19M Bitcoin-fuelled pyramid scam

South Korean police have caught the masterminds of a Bitcoin-fuelled Ponzi scheme responsible for generating almost $19 million in revenue. The scam, called “M-Coin,” is said to have targeted those with poor understanding of the technology – mostly elderly people, retirees, and housewives – with promises of free cryptocurrency and recruitment bonuses for signing up others, reports Korea Joon Gang Daily. äàëüøå »

2019-4-8 12:29


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Moonday Mornings: Cryptocurrency market at 5-month high, Paxful under fire, and more

It’s Monday which means it’s time for a wrap-up of the weekends top cryptocurrency and blockchain headlines. Here’s Moonday Mornings for you. 1. The United Global Resolve For Peace is petitioning the Central Bank of Nigeria after thousands of the country’s residents claim to have been “defrauded” out of millions of dollars earned from trading cryptocurrencies on exchange service Paxful, The Guardian, a local Nigerian outlet reports. äàëüøå »

2019-4-8 11:17


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For better or worse, we’re still obsessed with Bitcoin’s price

Cryptocurrencies are renowned – and often criticized – for their volatility. It’s what makes them both risky and attractive for skeptics and investors. Over the past decade, the mainstream press has largely ignored Bitcoin, generally focusing its coverage on the digital currency‘s association with crime and its sudden price movements. äàëüøå »

2019-4-5 16:22