Another case of SIM-swapping is in the books. This time, the culprit is allegedly a 19-year-old man based in Brooklyn, New York, who may have stolen as much as $1 million in assorted crypto funds from various individuals.SIM-Swapping Is Becoming More CommonThe thief – named Yousef Selassie – is presently charged with grand larceny, identity theft and computer trespass among other things. He will face trial and judgement in a Manhattan district court.SIM-swapping is growing in popularity...
Read More »Sorry, Bitcoin Scam Victims – But No One Can Hear You Scream
Bitcoin scam victim makes an appeal to authority – but no such authority exists. The independence afforded by Bitcoin and other cryptocurrencies is a double-edged sword. In crypto, no one can hear you scream. A cryptocurrency user appeared on the Bitcoin subreddit seeking legal recourse after becoming the victim of a Bitcoin (BTC) scammer. After losing $200 worth of Bitcoin, the Redditor sought out a legal authority to whom they could report the crime. But in the cryptocurrency world, any...
Read More »Taylor Swift Picture Is the Latest Tool Used in Crypto-Jacking Efforts
People seem to love celebrities. Even cryptocurrency hackers have a thing for famous individuals as recently witnessed in a case of one hacker utilizing an image of famed pop singer Taylor Swift to hide malicious code.Taylor Swift Is Hiding a BotnetTaylor Swift is widely renowned for her capabilities as a musician, actress and marketer. Now, it appears she was unknowingly part of a cryptocurrency botnet that sought to hide crypto malware on infected computers. The botnet is known as MyKingz,...
Read More »Binance CEO Shares Thoughts on Privacy, Exchanges and Law Trickery
The news recently got a splash because of the Twitter user reporting transaction censorship. Binance Singapore froze his money because he was sending them to a Wasabi Wallet.CZ Answers on Espionage Allegations by Twitter CrowdsChangpeng pointed out that there are lots of comments on Twitter under the post about a frozen payment. It shows that people still do not understand how the exchange regulation works, while its a broad topic. In terms of AML procedures, the exchange is obliged to...
Read More »Will 2020 Bring More Mixed Results for Bitcoin?
Well, here’s a bit of good news for us all to enjoy. It looks like maybe bitcoin isn’t doomed to end on such a low note after all.Bitcoin Is Showing Promise Once AgainYes, the currency is nowhere near its peak price of $13,600 which occurred over the summer, but we can all take comfort in the fact that perhaps the number one cryptocurrency by market cap isn’t going to end 2019 below $7,000.After several days of traversing the $6,000 range, it appears the currency is walking a path of...
Read More »Cryptocurrency Exchange Poloniex Enables No KYC For Level One Accounts
While the majority of the cryptocurrency exchanges are trying to fit within certain regulatory frameworks to expand their compliance, Poloniex is making a turn in the opposite direction. The exchange has now enabled an option that allows users to register a level one account without any KYC (Know Your Customer) requirements.Poloniex Enables No KYC AccountsOne of the most popular cryptocurrency exchanges, Poloniex, made an official announcement that they are introducing no KYC account...
Read More »Binance Partnership With FTX Exchange: Follows In The Footsteps Of BitMEX In Futures Trading
Binance continued its growth this year by completing a strategic investment in the cryptocurrency derivatives exchange FTX. By working together and delivering mutually beneficial products, the community wonders if both companies can actually be disrupting the dominance established by other exchanges on the futures market.Binance Invests In FTXThe largest cryptocurrency exchange by volume, Binance, announced yesterday its strategic investment in the crypto derivatives exchange FTX. Both...
Read More »Nächster Bullenmarkt führt Bitcoin zu 140.000 US-Dollar
Es handelt sich um eine „Parabolic Projection“ von Benjamin Cowen, die eine Langzeitprognose darstellt. Sie basiert auf einer technischen Analyse und führt den Trend fort, der nach einem Bitcoin Halving bisher zu beobachten war.Bitcoin News: Nächster Bullenmarkt führt Bitcoin zu 140.000 US-DollarWährend viele für 2020 einen Preis im niedrigen 5-stelligen Bereich voraussagen, befasst sich Cowen in seiner Analyse bereits mit 2022 und 2023.Ein interessantes Video, welches uns...
Read More »Happy Birthday HODL: The Bitcoin Long-Term HODLing Strategy Celebrates 6 Years
The cryptocurrency market has been around for more than 10 years. For this relatively short period of time, it has managed to establish a serious community of people who not only work with but trade with digital assets.Naturally, there has been a lot of speculation about whether or not trading Bitcoin is the right choice, compared to just holding it. This is also where the popular HODL word comes from, as people who prefer to keep their Bitcoin rather than trade it, use it to describe their...
Read More »Ethereum-Prognose: 16’000 im Jahr 2020?
Ob Bitcoin oder Ethereum: Wer früh eingestiegen ist, konnte das Geschäft seines Lebens machen. Wer vor genau 10 Jahren in Bitcoin investiert hat, ist heute sehr wahrscheinlich Millionär. Aus einem Dollar wurden 90’000. Bitcoin das beste Investment des Jahrzehnts. Seit der Veröffentlichung des Whitepapers und der Verwendung von 10’000 BTCs für eine Pizza, als der Wert noch nicht einmal einen Dollar betrug, hat sich die BTC als echte Alternative für das Volk etabliert, um die...
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