Tag Archives: Bitcoin News

The Secret Service – that’s right, the organization tasked with guarding the President of the United States – is warning investors that getting involved in crypto may not be such a good idea given the growing number of scams that appear to be occurring across the country. The Secret Service Says It Might Be Good to Stay Away from Crypto Bill Mack – a resident agent of the Secret Service in east Texas – is telling residents that they should look elsewhere when it comes to...

Bitcoin has shot up along with several of its altcoin cousins. After spending the last month or so locked in the doldrums, the world’s number one digital asset by market cap has suddenly surged to a moderate position. Bitcoin Seems to Be on the Rebound At the time of writing, bitcoin is trading for over $45,000 per unit. This may not sound like much when compared with the highs the currency has hit in the past year or so. However, it’s good news for traders in that...

For the past month or so, many regulators and members of the U.S. government have expressed concern that Vladimir Putin and Russia may be trying to use crypto to avoid recent sanctions. However, at the time of writing, there is no evidence to suggest this is happening. Russia May Not Have Strong Access to Crypto This sentiment comes from Jonathan Levin – co-founder and chief strategy officer at Chainalysis, a blockchain analysis firm – and a panel of alleged experts, who...

A Nevada woman has entered a guilty plea after being accused of trying to pay a hitman through the dark web with cryptocurrency to murder her ex-husband. Kristy Felkins entered the plea last Thursday and now faces up to ten years in prison. Kristy Felkins Tried to Use Crypto in Murder Scheme Felkins stands accused of coordinating with a criminal organization through the dark web. In exchange for the death of her ex, she was willing to pay the person doing the deed in...

Residents of a Tennessee town are not too happy with the addition of a bitcoin mining facility that’s allegedly causing heavy noise in the area. The facility was built by Red Dog Technologies, and it’s been stationed in a small area where everyone seems to know one another, and problems are few. Bitcoin Mining Is Creating Too Much Noise for These Residents The noise of the bitcoin mining business allegedly started out as a small hum last spring. From there, it got louder...

The Australian Competition & Consumer Commission (ACCC) is suing Meta – previously known as Facebook – over a series of crypto scam advertisements that used the likenesses or images of famous individuals to allegedly promote certain products and suck traders in. Australia Files Suit Against Facebook One of the ads featured Australian public figures like Andrew “Twiggy” Forrest and businessman Dick Smith. Both have tried filing separate cases or pressing charges...

Bit.Store – a crypto investment social platform – is unveiling a new prepaid credit card linked to crypto that will allow users to purchase goods and services with digital assets. Bit.Store Establishes New Credit Card Linked to Crypto The card is being powered by Alchemy Pay, a leader in the crypto payment sector, and it can be used at over 50 million retailers and companies throughout the world given its Mastercard status. It will also be compatible with applications...

Bitcoin has shot up beyond the $40,000 mark once again. This goes against what everyone has been saying for several weeks – that another rate hike instituted by the Fed will cause the world’s number one digital currency to fall drastically. The Fed Has Pushed Rates Higher Along with BTC By contract, bitcoin – which has been trading for around $39,000 – has now moved beyond $40K and is likely to incur even more jumps in the coming days. The Fed initiated another big...

Volodymyr Zelenskyy – the president of Ukraine – has legalized cryptocurrency use in his native country. The move stems after Ukraine received countless crypto donations from individuals around the world following Russia’s invasion. At the time of writing, Ukraine has received more than $50 million in digital currency donations. Ukraine Opens Its Heart to Crypto The bill was signed last month by Zelenskyy himself and was then approved by the Ukrainian parliament. The...

Crypto Rom – an international digital currency scam ring – appears to have grown heavily over just the last year. The organization works by engaging in romance scams in which both iPhone and Android users are duped into thinking someone is interested in them after meeting on Tinder and other social media apps. From there, they are often tricked into giving the scammer cryptocurrency. Crypto Rom Has Expanded Quite a Bit Cybersecurity ring Sophos says that Crypto Rom is...