The popular Bitcoin margin trading exchange BitMEX is launching a new program tailored towards its corporate customers. Called BitMEX Corporate, it will provide them with enhanced legal, auditory, and client relationship benefits.BitMEX Flatters Its Corporate CustomersIn the announcement from earlier today, BitMEX describes the corporate accounts on its platform as “the part of our customer base where the account owner is not an individual, but a company or other legal entity.” As such, they...
Read More »Cipher Trace: Bitcoin ATMs Are Being Used for Illicit Purposes
It looks like bitcoin ATMs are likely to be the next target of U.S. regulators.Bitcoin ATMs Are Being Used for the Wrong ReasonsBitcoin ATMs have grown in both size and scope over the past few years. There are approximately 8,000 machines all over the world, and as the love of crypto has gotten bigger, so has the presence of bitcoin ATMs. These machines are now seen as a convenient way to transfer funds and purchase bitcoin with cash or with other forms of crypto in a simple, quick, and...
Read More »Core Scientific Purchases 17,000 Antminers from Chinese Mining Firm
It looks like North America is about to become a major player in the bitcoin mining sector thanks to companies like Core Scientific.Core Scientific Is Paving the WayThe enterprise has recently inked a deal with a mining equipment venture in Malaysia to purchase more than 17,500 Antminer machines from Bitmain. The company has already gotten its hands on some of these machines and have installed them so that miners can begin extracting new coins. The rest of the machines are slated to arrive by...
Read More »Second Wave To Push Gold Price To $2000, According to Goldman Sachs and Peter Schiff
Gold’s price reached an 8-year high this week, and a Goldman Sachs projection sees the precious metal to continue rising in the next twelve months to $2,000 per troy ounce.At the same time, famous gold-bug Peter Schiff believes its price could reach a new all-time high even before the end of the year, especially if President Trump loses the election.Goldman Sachs Bullish on GoldWhile the giant multinational investment bank recently seemed somewhat pessimistic regarding Bitcoin’s role in the...
Read More »Did Bitcoin Claimant Craig Wright Try to Kill Himself? Court Docs Reveal
Court documents reveal the self-proclaimed creator of Bitcoin, Craig Wright, may have subjected himself to a suicide attempt in May 2016.That’s according to the deposition of Bitcoin developer Gavin Andresen, who recounted the story during the ongoing trial between Craig Wright and the estate of Dave Kleiman.Context: Craig Wright’s Failed Attempt to Move Satoshi’s BitcoinCraig Wright promised to move coins from Bitcoin’s ninth block in 2016 – something only Satoshi could so.In a deposition...
Read More »Rowland Andrade: The Government Is Trying to Steal My Crypto Design
Yesterday, Live Bitcoin News reported that Jack Abramoff – a notorious lobbyist – had pled guilty to fraud and now faces potential jail time following charges from the Securities and Exchange Commission (SEC). Now, it appears Abramoff’s alleged partner in crime – Rowland Marcus Andrade – is the subject of a potential extortion campaign. At least that’s what he’s claiming.Andrade: I’m the Victim, HereBoth Andrade and Abramoff were potentially involved in a phony initial coin offering (ICO) for...
Read More »Ripple Price Analysis: Is XRP Headed To A Catastrophe After Plunging Below $0.18?
XRP dropped by 2% over the past 24 hours, which caused it to fall beneath $0.18 as it reached $0.177.The cryptocurrency collapsed beneath the lower boundary of a descending triangle pattern this week, which sparked a downturn.Against Bitcoin, XRP is in disaster mode as it continues to plummet further beneath the 2000 SAT support.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.185, $0.192, $0.20.XRP/BTC:Support: 1950 SAT, 1900 SAT, 1890 SAT.Resistance:...
Read More »Bitpanda: Doppelte Rewards bis zum 20. Juli
Bitpanda: Lade deine Freunde ein und profitiere vom doppelten Bonus Wer einen Bitpanda-Account erstellt hat und damit zufrieden ist, hat jetzt die Chance, doppelte Belohnung für das Einladen von Freunden und Bekannten zu kassieren. Für jede Neuanmeldung gibt es 10 Franken Bonus und zudem 10 Franken im hauseigenen Token BEST. Da Bitpanda europäische Lizenzen im Finanzbereich...
Read More »Eastern European Hackers Responsible For $200M Worth Of Stolen Cryptocurrency
An unknown cybercriminal group from Eastern Europe has stolen nearly $200 million from cryptocurrency exchanges based primarily in the US, Japan, and Israel, a report revealed.Eastern European Hackers Group Steals $200MAccording to the report citing the research compiled by the cybersecurity firm ClearSky, the unknown group – referred to as “CryptoCore” – has frequently been hacking digital asset exchanges since mid-2018 to present day.The research outlined that the continuous rise of digital...
Read More »Beam’s Hard Fork Plans to Increase DeFi Privacy
The cryptocurrency industry may soon welcome a new category of Decentralized Finance (DeFi) applications as privacy-focus coin Beam (BEAM) plans to execute its second hard fork, which would give DeFi apps a privacy layer.According to a press release shared with CryptoPotato, the system-wide upgrade dubbed Beam Eager Electron 5.0 is expected to occur today, at exactly block 777,777.Beam Settles With BeamHash IIIThe hard fork of the Mimblewimble-based privacy coin will be the last “planned...
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