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Former Uber CSO Tried To Cover Up 2016 Hack By Paying $100k In Bitcoin To The Hackers

Uber’s former Chief Security Officer is currently at odds with the law after the authorities found out about what he did while working for the ride-hailing company back in 2016. Apparently, Joseph Sullivan decided to not involve the authorities when Uber was hacked and the criminals demanded $100,000 in Bitcoin. The then CSO is alleged […] дальше »

2020-8-21 19:21


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Darknet Entities Sent $67M Worth of BTC to Bitcoin Mixers in Q1 2020

Bitfury Crystal, a blockchain analytics platform has released a new report detailing the use of bitcoin transaction mixers by darknet users from 2019 to Q1 2020. The report states that darknet entities used bitcoin transaction mixers to cover their paths more in the first quarter of 2020 as compared to 2019, according to a blogRead MoreRead More. дальше »

2020-7-15 17:14


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1 Confirmation with Jeff and Dave – Episode 8 – Peeps Democracy

In this episode we cover the democratization of Cryptocurrency. Can it be used to fix everything from potholes to getting jobs? What about using it with Black Lives Matter and traditional politics? Is bitcoin more stable than fiat currencies? All this and more in today’s episode as we talk with Bill and Joshua with PeepsRead MoreRead More. дальше »

2020-6-15 16:35


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Banks Allowed To Seize The Coronavirus Stimulus Checks To Cover Oustanding Debts. Bitcoin Fixes This

The United States government has already started sending emergency stimulus checks to its citizens to help them survive amid the devastation from the COVID-19 outbreak. Unfortunately, some of the people in dire need of this relief money for food, rent or other basic needs might not get it as the banks are allowed to seize […] дальше »

2020-4-16 23:10


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Regulatory Roundup: French Court Considers Bitcoin Money, Cryptocurrencies Legitimized in South Korea, Australia, India

The cryptocurrency sector worldwide saw several historic regulatory events last week. In this roundup, we cover a landmark bitcoin ruling by a French court, South Korea’s first crypto bill, an Australian court’s ruling, Germany’s announcement, and a recent FATF meeting where more than 800 delegates discussed crypto regulations. дальше »

2020-3-10 05:00


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Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies

In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines […] The post Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies appeared first on Bitcoin News. дальше »

2020-1-23 07:55


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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price. дальше »

2019-6-4 19:03


Bitfinex-Tether episode hardly affects stablecoin; continues to be pegged with cryptos despite systematic risk

The Bitfinex/Tether episode made headlines in the crypto community over the past week. The repercussions were felt even in the market as Bitcoin [BTC] plummeted by almost $400 after news broke out that Bitfinex used Tether reserves to cover up its undisclosed losses, speculated to amount to $850 million. дальше »

2019-5-1 19:30


Crypto Market Maturing: Tether (USDT) Blunder Didn’t Have Any Effect on Bitcoin (BTC) Price (Yet)

Earlier this week, the crypto community was in for a shock that shook the crypto market when the New York Attorney General's (NYAG) office pursued an investigation into controversial stablecoin Tether and cryptocurrency exchange Bitfinex that allegedly tried to cover up the $850 million loss. дальше »

2019-4-29 02:26


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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »

2019-4-27 01:30