Yang Zuoxing – founder of the Chinese bitcoin mining manufacturer Micro BT – has been arrested for embezzling as much as 100,000 yuan. This comes out to just over $14,000 in USD.Zuoxing Has Been in Jail for Two MonthsZuoxing is the former director of Bitmain, arguably the largest bitcoin mining company in the world and China’s biggest source of bitcoin-related income. It’s funny that the country – for the longest time – was considering a solid ban on all crypto mining activities due to the...
Read More »BTC Ransomware Hits New Orleans While Those Refusing to Pay Get Humiliated
The city of New Orleans in Louisiana has declared a state of emergency after being hit with a massive ransomware attack.Ransomware Takes Out the Mardi Gras CityThe good news is that the city’s computer systems are still functional, and New Orleans is still alive and kicking. This can be attributed to fast action from city officials, who noticed a wide array of phishing attempts occurring last Friday. They quickly saw this as a sign that bigger things were about to come and shut down all...
Read More »#774 Ethereum am Abgrund, Simplecoin und Chopcoin schliessen & Fidelity Investments Europa Expansion
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 774. Heute sprechen wir über folgende Themen: Ethereum am Abgrund, Mining Unternehmen Simplecoin und Gaming Platform Chopcoin schliessen & Fidelity Investments expandiert nach Europa. 1.) Ethereum am Abgrund? ETH Delisting, Ice Age und Smart Contract Chaoshttps://cryptomonday.de/ethereum-am-abgrund-eth-delisting-ice-age-und-smart-contract-chaos/ 2.) Mining-Unternehmen Simplecoin und Bitcoin-Gaming-Plattform...
Read More »Bitcoin Price Analysis: BTC at Clear Risk of Further Declines
Bitcoin price is declining steadily and it recently traded below the $7,000 support against the US Dollar.The price is now consolidating losses above the $6,540 support area.There is a major bearish trend line forming with resistance near $6,920 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could extend its decline below $6,500, but the $6,240 and $6,200 supports hold the key.Bitcoin price is showing signs of bearish continuation below $6,540 against the US...
Read More »#773 BTC unter 7k, Peter Schiff glaubt BTC Halving irrelevant & Bitfinex Tether Skandal geht weiter
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 773. Heute sprechen wir über folgende Themen: Bitcoin rutscht unter 7.000 US-Dollar, Peter Schiff sieht kommendes Halving als irrelevant an & Prozess um Bitfinex und Tether geht in die nächste Runde. 1.) Bitcoin rutscht unter 7.000 US-Dollar, Anzahl der Long-Positionen nimmt trotzdem zuhttps://de.cointelegraph.com/news/bitcoin-price-drops-under-7k-but-longs-soar-after-68k-bounce 2.) BTC am Ende? – Peter...
Read More »Canadian Police Asked to Exhume the Body of Quadriga CX’s Gerald Cotten
Lawyers representing customers of the now doomed Canadian crypto exchange Quadriga CX are asking police officials to exhume (dig up) the body of the company’s deceased head executive Gerald Cotten.The Drama Surrounding Cotten Lives OnCotten made headlines in late 2018 when it was announced that he had passed away due to complications from Crohn’s disease while performing charitable work in India. What was so important about his passing was that Cotten was the only person working at Quadriga...
Read More »Mark Cuban: BTC’s Biggest Issue Is That People Don’t Use It
Mark Cuban has never been a fan of bitcoin. He’s not afraid to hide his feelings, nor is he afraid to speak his mind when it comes to the popular – yet somewhat controversial – digital currency.Mark Cuban: People Aren’t Using BTCIn a recent interview, Cuban again took a stab at the number one cryptocurrency in the world by market cap. He says that at the end of the day, it only has one real problem – people aren’t using it.Right now, bitcoin is mostly used for speculation. A means of growing...
Read More »Erik Finman Provides Crypto to a School in Africa… Through Outer Space
In the past, Live Bitcoin News has reported on Erik Finman, a 20-year-old high school dropout who became a serious bitcoin connoisseur. Now, he’s using his knowledge and power in the crypto industry to send digital currency to the residents of Ghana through space as a means of providing citizens with appropriate financial means.Finman Sees the Power of CryptoThe “crypto space drop,” as it has come to be known, occurred in early November. Finman beamed the cryptocurrency into a string of...
Read More »#772 Ripple Durchbruch, Frankreich Bitcoin Fond & Bitcoin Tiefpunkt vor 1 Jahr
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 772. Heute sprechen wir über folgende Themen: Ripple Erwähnung US Regierung, Frankreich startet ersten regulierten Bitcoin Fond & Bitcoin Tiefpunkt vor genau 1 Jahr. 1.) Ripple (XRP) Durchbruch? – Erwähnung in Dokument der US-Regierunghttps://cryptomonday.de/ripple-xrp-durchbruch-erwaehnung-in-dokument-der-us-regierung/ 2.) Frankreich gibt Gas, erster regulierter Bitcoin-Fonds geht an den...
Read More »Early BitMEX Investor Files Suit Against the Platform
BitMEX – one of the world’s largest and most prominent bitcoin and cryptocurrency exchanges – is being sued by one of its early investors over potential fraud and lost equity.BitMEX Is In Trouble All Over AgainThe plaintiff in this case is a former JPMorgan derivatives trader named Frank Amato. He and his company RGB Coin are looking to garner $300 million in restitution from BitMEX and its head executive Arthur Hayes, who also owns a company called HDR Global Trading.Amato claims he was one...
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