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How Two Men Got Life Sentences in Vietnam for Committing a $1.5M Crypto Theft: Report

The Ho Chi Minh City People’s Court ruled that the Vietnamese residents – Ho Ngoc Tai and Tran Ngoc Hoang – will spend their lives in prison for kidnapping an individual and stealing $1.5 million worth of bitcoin from him. 14 other people who also took part in the crime received sentences between 9 and 19 years.  No Mercy  The 34-year-old Tai and the 40-year-old Hoang were slammed with life imprisonment for orchestrating a sophisticated kidnapping and later draining $1.5...

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Texas Paid Crypto Mining Firm a Lot of Money to Shut Its Machines Off

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up In early 2021, the state of Texas paid a bitcoin mining company called Bit Deer approximately $175,000 per hour. Texas Doled Out Cash for No Work For what purpose, you ask? Well, it wasn’t because the Lone Star State wanted to gain access to mined BTC units. It wasn’t to create jobs, and it wasn’t to help build...

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Fidelity Remains Devoted to Crypto but Will ‘Tread With Caution’

Christian Staub – Managing Director for Fidelity International’s business in Europe – said the investment giant intends to remain part of the cryptocurrency ecosystem.  However, he added that it will not urge people to buy bitcoin due to its “volatile and nascent” nature. The lack of pertinent regulation in the space is another present obstacle for the firm. Crypto to Become ‘More Sophisticated’ The multinational investment firm that has introduced several cryptocurrency...

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BTC Tight Around $27K: Calm Before The Storm? (Bitcoin Price Analysis)

Bitcoin has been stuck in a range in the last few days following a rejection from the $30K resistance level. There are various points for market participants to look forward to in the short term. Technical Analysis By: Edris The Daily Chart On the daily timeframe, the price has been consolidating in a very tight range over the last week. This comes after the $30K resistance level rejected the market to the downside. The 50-day moving average was also broken down around the...

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New Survey Suggests Americans Aren’t Crazy About Crypto

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A survey conducted by the Pew Research Center suggests most Americans don’t feel confident about, nor do they feel safe using, crypto. Survey: American’s Aren’t Confident Around Crypto Between March 13 and 19 of this year, the Research Center asked a group of people about their feelings towards crypto, and...

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The Weaknesses of Ethereum VS Modern Blockchains: Interview With Radix

If the slew of smart contract hacks that netted attackers over $3 billion in 2022 has taught us anything, it’s that decentralized finance (DeFi) is still an immature industry. Besides exploits, DeFi still faces scaling issues related to the computational power needed to power complex transactions, and the throughput needed to support the worldwide financial system in the coming years.  As the current king of DeFi, the Ethereum network is worth assessing to identify the...

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Is the Gemini Exchange Suffering Financially?

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The effects of the 2022 bear market haven’t fully disappeared, it seems. There are many companies out there still dealing with the repercussions of those bearish ripples, the Gemini exchange in New York being a big one. Gemini Gets $100 Million from Its Founders Not long ago, it was announced that Gemini...

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Ripple Unveils Blockchain-Powered CBDC Platform as XRP Price Maintains Gains

Ramping up its CBDC game, Ripple announced the launch of a new platform for central banks, governments, and financial institutions to issue their own central bank digital currency. Dubbed ‘Ripple CBDC Platform,’ the offering will leverage the same blockchain technology used on the XRP Ledger (XRPL). The platform is developed to address multiple use cases, such as wholesale and retail CBDCs on a private ledger or issuing a stablecoin. Ripple CBDC Platform According to the San...

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ChatGPT prognostiziert Bitcoin-Kursanstiege

ChatGPT ist ein Prototyp für einen auf künstlicher Intelligenz basierenden Chatbot. Er wurde von OpenAI entwickelt und im November 2022 veröffentlicht. Aktuell ist verhältnismäßig wenig Bewegung im Krypto-Markt. Branchenbeobachter erwarten mittelfristig jedoch deutlich höhere Kurse, auch das KI-Tool ChatGPT hält dies für möglich, wie aus einer neuen Infografik von Block-Builders.de hervorgeht. Wie eine aktuelle Umfrage aufzeigt, erwarten...

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Wie kann Bitcoin die Wirtschaft beeinflussen?

Wasser ist jetzt als Terminkontrakt in Chicago handelbar. Aber auch andere Rohstoffe wie beispielsweise Weizen oder Mais werden sicher bald von der Token Economy erfasst werden. Bitcoin hat das Potenzial, die Wirtschaft auf verschiedene Weise zu beeinflussen, darunter: Internationale Überweisungen: Bitcoin kann als schnelle und kostengünstige Alternative zu traditionellen internationalen Überweisungen dienen, die oft teuer und zeitaufwendig sind....

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