Cybersecurity firm Chainalysis is unveiling its new compliance platform for Bitfinex, one of the world’s leading and most popular cryptocurrency exchanges.Chainalysis and Bitfinex Working TogetherThe platform is designed to detect money laundering before it can occur and monitor any illicit activity that some customers may be looking to perform with cryptocurrency’s help. White-collar crimes like these have long been serious concerns of politicians like those in the United States...
Read More »Ross Ulbricht: BTC Will Hit the Six-Figure Mark Next Year
Ross Ulbricht – the man who’s serving a life sentence for developing the notorious black marketplace Silk Road – is writing letters from prison and trying to guess where bitcoin’s price will head within the next year.Ulbricht Tries to Tell Us Where BTC Will GoAccording to Ulbricht’s latest letter, the world’s primary digital currency by market cap is set to reach $100,000 by the year 2020. Thus, he now joins figures such as Charles Hoskinson, Tim Draper and John McAfee to believe that the...
Read More »#771 BitMex 300 Mio Klage, Gefahr durch Stablecoins & Darknet ICO in Russland
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 771. Heute sprechen wir über folgende Themen: BitMex 300 Millionen Dollar Klage, Digitales Wettrüsten der Stablecoins & Russlands globale DarkNet Expansion durch ICO. [embedded content] 1.) BitMex Anklage: Seed Investor fordert 300 Mio. Dollarhttps://cryptomonday.de/bitmex-anklage-seed-investor-fordert-300-mio-dollar-von-exchange/ 2.) Digitales Wettrüsten: Kann die EU noch...
Read More »China Controls Much of the World’s BTC Mining Power
It’s clear why China has suddenly become so “kind” and open-minded towards bitcoin mining… It now controls approximately two-thirds of the world’s bitcoin and crypto mining power.China: The Crypto Mining KingAccording to a new report, bitcoin miners in China control approximately 66 percent of the global hash rate, which is the measure of power that ushers one’s ability to mine and extract new coins. This is a six percent increase from the summer, when China controlled approximately 60...
Read More »Report: Millennials Are Investing More Money in Bitcoin
Bitcoin and cryptocurrency are growing increasingly attractive to both millennials and gen Z, according to a new report.Young People Love Bitcoin and CryptoThe data stems from news that Grayscale Investment Bitcoin Trust – a firm that focuses on both bitcoin and altcoin investments – is up there with companies like Apple and Amazon as the top enterprises to garner investments from younger generations. Grayscale ultimately beat out major tech conglomerates such as Microsoft and Netflix.In...
Read More »Is This the Largest Crypto Scam in History?
Law enforcement has taken three men into custody over what sources are calling the biggest crypto scam in history.The “Biggest” Scam Is in the BooksMatthew Brent Goettsche and Jobadiah Sinclair Weeks from Colorado along with Frank Abel from California have been arrested for initiating a cryptocurrency scam through a fake company called Bit Club Network that may have cheated investors out of $722 million in crypto funds. If the numbers are accurate, Bit Club outdoes the money stolen or lost in...
Read More »#770 Nike patentiert ETH Schuh Token, China Kontrolle Bitcoin Hashrate & Griechenland Bargeldverbot
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 770. Heute sprechen wir über folgende Themen: Nike patentiert Schuh-Token auf Ethereum Blockchain, China kontrolliert 66% der Bitcoin Hashrate & Griechenland Bargeldverbot Überwachung [embedded content] 1.) Nike patentiert Schuh-Token auf Ethereum Blockchainhttps://www.btc-echo.de/nike-patentiert-schuh-token-auf-ethereum-blockchain/ 2.) Studie: Chinesische Bitcoin-Miner kontrollieren 66% der weltweiten...
Read More »Director of Uganda Exchange Dunamis Coins Questioned Over Alleged Scam
Last week, Live Bitcoin News reported on a story involving a cryptocurrency exchange known as Dunamis Coins Resources Limited, based in Uganda. The exchange was under fire from users who say they were duped into providing money to the business as part of a shady job application process.Case of Uganda Exchange Grows LargerThe exchange was requiring all those interested in seeking consideration for its crypto and blockchain-based jobs to donate $5. The trouble was that about a month later, the...
Read More »Dave the Wave: BTC to Reach Almost $200K in Nine Years
According to crypto analyst “Dave the Wave,” bitcoin’s price could reach $170,000 by the year 2028.Dave the Wave: The Big Numbers Are ComingAt first glance, the news is a little disappointing. For one thing, many people – including venture capitalist Tim Draper – are predicting larger prices for bitcoin within shorter timeframes. In the past, Draper has gone so far as to say that BTC would reach $250,000 by the year 2022. This was later switched to the year 2023, but even still – that’s a...
Read More »Mark Cuban: BTC Is Still “Too Difficult” to Use
It’s no secret that billionaire Mark Cuban is not a huge fan of bitcoin or cryptocurrencies. Now, however, he appears to be taking his criticism to an even higher level.Mark Cuban Still Isn’t Cool with BTCCuban recently commented that bitcoin could never be “used as a reliable currency.” Among his main points is that bitcoin, at the time of writing, is considered more of a “collectible” that actual money. People collect units of BTC as a means of expanding their wealth. It’s more of a...
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