Anthony Scaramucci – Founder of the investment company SkyBridge Capital – has proved numerous times that he is a keen bitcoin advocate and a hodler. In a recent interview for CNBC, he once again explained the most significant merits of the leading digital asset and why he owns over $1 billion worth of it. Understanding Is Everything According to Scaramucci, only people who are not familiar with bitcoin could criticize it. On the other hand, individuals who do their...
Read More »John McAfee Following the DOJ Indictment: The Allegations Are Overblown
A day after being indicted for several criminal offenses, including money laundering schemes and fraud, John McAfee has called the allegations brought by US authorities “overblown.” The former software antivirus creator also defended his ICO promotions and receiving payments with the particular coins.DOJ Goes After McAfeeThe former antivirus tycoon made a name in the cryptocurrency space a few years back with the “Coin of the Day” campaign, in which he promoted certain low-cap alternative...
Read More »Craig Wright Sues Bitcoin Developers Over Stolen BTC Worth $5 Billion
The self-proclaimed Satoshi Nakamoto, Craig Wright, has filed yet another lawsuit within the cryptocurrency industry. This time, he has targeted the developers of BTC, BCH, BSV, and BCH ABC requesting that they retrieve access to BTC stolen from his personal computer worth about $5 billion.CSW Sues BTC Developers Because he was HackedWright has publicly claimed that he is the person behind the Bitcoin network for years – Satoshi Nakamoto. This narrative, which lacks any conclusive evidence,...
Read More »OKCoin to Delist BCH and BSV To Protect Bitcoin From Craig Wright’s ‘Malicious Information War’
The popular crypto exchange OKCoin has made a somewhat controversial decision to delist two Bitcoin forks – Bitcoin Cash (BCH) and Bitcoin SV (BSV). According to the platform’s CEO, the company is doing what’s in the best interest of Bitcoin’s ecosystem while trying to act against Craig Wright’s recent lawsuit urging various websites to remove the BTC whitepaper.OKCoin Delists BSV and BTCThe exchange announced earlier today that it will suspend trading and altogether remove the two Bitcoin...
Read More »Black Monday: Over $200 Billion Erased From The Market Cap As Bitcoin Crashes Below $33K
It seems that the long-anticipated cryptocurrency correction has finally materialized as over $200 billion vanished from the market cap. Bitcoin plummeted to below $33,000, while most alternative coins have it even worse with massive double-digit price drops.Bitcoin Loses $9K In A DayAfter a highly volatile and positive first ten days of the new year, in which BTC broke above $40,000 for the first time and charted an all-time high of $42,000, the cryptocurrency headed south.During the...
Read More »Altcoins Party: Bitcoin Cash Skyrockets 50% As ETH Just Inches Away From All-Time High
Most alternative coins have resumed their recent bull run, including double-digit increases on behalf of most of the large-caps, including Bitcoin Cash, Bitcoin SV, Chainlink (LINK), Ripple, Litecoin, and Cardano. The second-largest, Ethereum, has also surged to new highs and has come about $100 away from the 2018 record of $1,450.Simultaneously, BTC has stalled slightly around the $41,000 mark, and its dominance over the market has reduced to 68.5%.Exploding Alts: Ethereum Nearing...
Read More »Bitcoin SV Multisig Bug Exploited Resulting in Potential Coin Loss
The exploit was reported by Blockstream co-founder Gregory Maxwell (a.k.a. /u/nullc), and retweeted by crypto podcaster Ruben Somsen; Multisig bug in BSV exploited, funds stolen? BSV ripped out the existing multisig (p2sh) and replaced it with a threshold script that was SUPPOSED to accept X sigs or more, but instead accepted X or LESS (including zero)?♂️ Full thread by Maxwell (nullc)https://t.co/RMmITsoHj9 — Ruben Somsen ?♀️?♂️?? (@SomsenRuben) November 8, 2020 The pay...
Read More »Sunday’s Digest: Bitcoin Struggling At June 2019 Highs, Altcoins Continue To Bleed Against BTC
Bitcoin finally broke the 2019 high after a brief spike that took it above $14,100 yesterday (Bitstamp). With its impressive leg up, BTC has continued to increase its dominance over the altcoins, most of which keep decreasing in their value against the primary cryptocurrency. Bitcoin Price Is Trading Around The June 2019 High Ever since BTC began increasing in value a few weeks ago, the crypto bulls anticipated when new highs will arrive. Bitcoin didn’t disappoint and kept...
Read More »Market Watch: After a Bloody Wednesday, Bitcoin Struggles At $13,000 As ETH Below $400
Bitcoin went on a roller-coaster ride in the past 24 hours from a new yearly high of nearly $14,000 to dipping below $13,000. Most altcoins mimicked their leader, and the total market cap has dropped by $15 billion. Bitcoin’s Wild 24H Ride As CryptoPotato reported yesterday morning, everything seemed to be going in BTC’s way. The cryptocurrency was surging and peaked at another 2020 high. In fact, with a price of $13,865, it came inches away from breaking last year’s record...
Read More »Bitcoin Just Had Its Highest Weekly Close Since Jan-18 While ETH Eyes $400 (Market Watch)
After marking two consecutive yearly highs in the span of a few days, Bitcoin has calmed but still hovers over $13,000. Most alternative coins have remained relatively stable, and the market cap is yet to break above $400 billion decisively. Bitcoin Stays Above $13k Although Bitcoin started the weekend with apparent stagnation, the asset entered Sunday on a roll. BTC was trading at $13,100 but sharply exploded to a fresh 2020 high of above $13,350. Shortly after, though, the...
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