Bitcoin

Coinbase Says It’s Adding 50k Users Per Day

Coinbase Says It’s Adding 50k Users Per Day

Cryptocurrency wallet Blockchain is adding up 50,000 users a day amidst the ongoing crypto market downturn. Posting on his Twitter account, Blockchain CEO and Cofounder Peter Smith made the claim in a tweet that also appeared to take a shot at Coinbase. Defying the Downturn Responding to a Bloomberg interview with Coinbase CEO Brian Armstrong where he stated …

Coinbase Says It’s Adding 50k Users Per Day Read More »

As Iran turns to Bitcoin and its own cryptocurrency to avoid sanctions, maybe it's time to build another Stuxnet

As Iran turns to Bitcoin and its own cryptocurrency to avoid sanctions, maybe it’s time to build another Stuxnet

Iran is doing what every respectable state sponsor of terrorism does when their economy is going down the drain. They turn to bitcoin. Just like North Korea did (and still does). As bitcoin outpaces the Rial (Iran’s currency), the next wave of ransomware attacks will be coming soon, courtesy of Iranian hackers. And the payment will, …

As Iran turns to Bitcoin and its own cryptocurrency to avoid sanctions, maybe it’s time to build another Stuxnet Read More »

21-Year-Old Bitcoin Dealer Indicted on International Money Laundering Charges

21-Year-Old Bitcoin Dealer Indicted on International Money Laundering Charges

On Friday (17 August 2018), the U.S. Attorney’s Office, Southern District of California, announced via a press release that Jacob Burrell-Campos, a 21-year-old Bitcoin dealer, was “ordered held without bail today in connection with a 31-count indictment charging him with operating an illegal money transmitting business, failing to maintain an anti-money laundering program, international money laundering and conspiracy to …

21-Year-Old Bitcoin Dealer Indicted on International Money Laundering Charges Read More »

Crypto Market Drops Over 3% After Bitcoin Fails to Breach $6,600 Resistance

Crypto Market Drops Over 3% After Bitcoin Fails to Breach $6,600 Resistance

The cryptocurrency ecosystem recently lost over $7 billion after BTC failed to go past the $6,600 resistance. Most cryptocurrencies are currently in the red, while a few like Ripple’s XRP and Brave’s BAT are surging. The cryptocurrency ecosystem recently lost over $7 billion, going from over $220 billion to about $213 billion at press time, …

Crypto Market Drops Over 3% After Bitcoin Fails to Breach $6,600 Resistance Read More »

90% of Employees at Major Crypto Exchange Binance Receive Salary in BNB

90% of Employees at Major Crypto Exchange Binance Receive Salary in BNB

At the Liechtenstein Cryptoassets Exchange (LCX), Binance CEO Changpeng Zhao told TechCrunch founder Michael Arrington that 90 percent of the exchange’s employees receive their salaries in BNB. “Just one of the interesting things @cz_binance told me this week at LCX event: 90% of binance employees choose to receive their salary in BNB tokens. Smart people,” …

90% of Employees at Major Crypto Exchange Binance Receive Salary in BNB Read More »

Crypto Market Sees 3% Pullback After A Short-Term Recovery

Crypto Market Sees 3% Pullback After A Short-Term Recovery

  As Tuesday rolled around, many traders thought that the worst was yet to come for the market, with critics expecting Bitcoin to chip away at the $5,800 support as the week continued. For those who are unaware, the $5,800 level has been continually cited as a strong line of support, with analysts highlighting previous …

Crypto Market Sees 3% Pullback After A Short-Term Recovery Read More »

Coinbase Lands Patent for Secure Bitcoin Payment System

Coinbase Lands Patent for Secure Bitcoin Payment System

ShareTweetRedditTelegram San Francisco-based Coinbase has won a patent for a secure bitcoin payment system that would better facilitate the transfer of funds directly from customer wallets to merchants during purchases. According to the patent, the new technology is designed to improve upon existing systems, which currently do not provide solutions for maintaining security over highly sensitive private keys. To address …

Coinbase Lands Patent for Secure Bitcoin Payment System Read More »

Adult Website Tube8 to Reward Users With Crypto for Watching Its Content

Adult Website Tube8 to Reward Users With Crypto for Watching Its Content

Porn website Tube8 is planning to reward users with cryptocurrency for watching videos on its platform. Vice Industry Token (VIT), an adult entertainment cryptocurrency, will be used to reward its users. Adult entertainment website Tube8, owned Pornhub’s parent company MindGeek, recently moved to to start rewarding adult content viewers with cryptocurrency. Currently, Tube8 attracts over 150 million …

Adult Website Tube8 to Reward Users With Crypto for Watching Its Content Read More »

Bitcoin ETFs are a Terrible Idea: Andreas Antonopoulos

Bitcoin ETFs are a Terrible Idea: Andreas Antonopoulos

Announcing this week he intended to “burst” the ecosystem’s “bubble” because of “Lambos” and “to the moon, and all that,” one of the most respected thought leaders in cryptocurrency, Andreas M. Antonopoulos revealed he believes bitcoin exchange traded funds (ETFs) are “a terrible idea.” The author of The Internet of Money and the seminal Mastering Bitcoin does think bitcoin …

Bitcoin ETFs are a Terrible Idea: Andreas Antonopoulos Read More »

John McAfee Is Still Standing By His $1 Million Bitcoin Price Prediction

John McAfee Is Still Standing By His $1 Million Bitcoin Price Prediction

John McAfee is still sticking to his $1 million Bitcoin (BTC) price prediction by 2020. He also stated that bitcoin “will continue to grow and the U.S. dollar and other fiat currencies will devalue.” Another fintech expert noted that “bitcoin’s price could reach somewhere near $80,000 in 2021.” John McAfee, the creator of the McAfee antivirus …

John McAfee Is Still Standing By His $1 Million Bitcoin Price Prediction Read More »