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How a Finnish millionaire lost $35M worth of Bitcoin in a gambling scam

Is your cryptocurrency portfolio looking a little light lately? That’s nothing compared to one Finnish investor, who lost 5,500 Bitcoin ($35 million) to an investment scam this year. Bangkok Post reports that businessman Aarni Otava Saarimaa was approached by a group who sought to link him up with some hot investments: shares in a few high-profile companies and a cryptocurrency called Dragon Coin. дальше »

2018-8-13 13:05


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Campaign To Find The “Real” Satoshi Garners $70,000 USD In Crowdfunding

The true identity of Satoshi Nakamoto, the creator of Bitcoin, has been a heavily contested topic in the cryptocurrency community for the better part of a decade. Even though Satoshi has since faded into the shadows, with some classifying him as somewhat of a legend, many still seek to find out who he, she, or […] The post Campaign To Find The “Real” Satoshi Garners $70,000 USD In Crowdfunding appeared first on Ethereum World News. дальше »

2018-8-13 22:30


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Tom Lee Says Bitcoin ‘Isn’t Broken.’ Actual Events Prove Him Right

Despite the sharp fall in Bitcoin (BTC) last week, Tom Lee, CEO of Fundstrat, is still spreading his strong bullish sentiment. In an interview for CNBC, Mr. Lee commented that Bitcoin (BTC) still had enough reasons to increase its value and that in fact, in the middle of the bearish market, there are signs to […] The post Tom Lee Says Bitcoin ‘Isn’t Broken. дальше »

2018-8-10 02:10


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Chinese Trader Sues OkCoin for Blocking Bitcoin Cash Airdrop

A user of Chinese cryptocurrency exchange Okcoin has sued the platform for allegedly denying him his free allocation of Bitcoin Cash (BCH) in August 2017. ‘No Deadline’ As local news outlet Legalweekly reports August 6, the trader, known by pseudonym Feng Bin, was unable to claim 38 BCH ($26,500) when Okcoin added support for Bitcoin’s hard fork last year. дальше »

2018-8-6 19:30


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Chinese Investor Sues Okcoin Over 38.748 ‘Unclaimed’ BCH

A cryptocurrency investor has brought a lawsuit against cryptocurrency exchange Okcoin regarding 38. 748 BCH. The plaintiff accuses the exchange of failing to allow him to claim the Bitcoin Cash that were created following last year’s fork, to which the exchange allegedly responded that he had failed to claim the coins within an apparently undisclosed deadline. дальше »

2018-8-6 06:45


CabbageTech’s Patrick McDonnell $11 Million Cryptocurrency Scam Details

The $11 million scam: How Patrick McDonnell's one-man crypto scam will cost him dearly Patrick McDonnell, the one-man band behind CabbageTech, must have believed himself to be the cryptocurrency world's Frank Abagnale after setting up the company which scammed a large number of investors out of their Bitcoin in exchange trading advice. While McDonnell must […] дальше »

2018-7-31 09:05


How Olaf Carlson Wee’s Fund Transformed $4 Million to $1 Billion in Crypto

While you may not have heard of him, Olaf Carlson-Wee has joined the ranks as one of the foremost crypto entrepreneurs, managing a $1 billion crypto-centric investment fund. From Lumberjack To “Crypto OG” Olaf Carlson-Wee’s passion for cryptocurrencies started at a young age, as the now 28-year-old wrote his college thesis on Bitcoin. дальше »

2018-7-30 13:22


Ripple’s Cory Johnson on XRP versus Bitcoin [BTC] tech, mining in China and more

On 26th July, the Chief Market Strategist of Ripple, Cory Johnson tweeted an Instagram picture of the Fox Business panel and him, prior to his interview with the channel. During the interview, Johnson talked about XRP and its use case in the remittance industry in comparison with Bitcoin [BTC] and Ethereum [ETH]. Starting off with […] дальше »

2018-7-28 08:18


Wondering Why Litecoin Creator Charlie Lee seems to be a Bitcoin Fan ?

Many within the cryptocurrency community might be perplexed that a founder of a Popular and Actively used cryptocurrency could be a strong Bitcoin fan instead of him solely making voices for the promotion of the activities of the cryptocurrency Litecoin he founded in 2011 while still working as a Google engineer, and then Coinbase before […] The post Wondering Why Litecoin Creator Charlie Lee seems to be a Bitcoin Fan ? appeared first on ZyCrypto. дальше »

2018-7-28 01:09


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Ross Ulbricht’s Petition Gains Traction From Industry Leaders After Cries For His Release

Ross Ulbricht, who founded the anonymous Silk Road trading site, is currently serving two life sentences in prison for his affiliation with the site, locked away from the eyes of the world. However, many in the cryptocurrency community still think of him as the one who started it all, the one who brought Bitcoin to […] The post Ross Ulbricht’s Petition Gains Traction From Industry Leaders After Cries For His Release appeared first on Ethereum World News. дальше »

2018-7-23 04:54


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Bitcoin and Other Cryptocurrencies Not Significant Threats – Says US Federal Reserve Chairman

While a good number of central banks see bitcoin and other cryptocurrencies as significant threats to their survival, the United States Federal Reserve Chairman, Jerome Powell, said on July 18, 2018, that the exponential growth in the price of bitcoin and the increasing adoption of cryptos doesn’t bother him. дальше »

2018-7-21 13:00


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Bitcoin Ponzi Scammer Amit Bhardwaj Offers to Return Money to Victims

In a somewhat surprising twist, Amit Bhardwaj, the man behind the notorious Bitcoin Ponzi scheme, has pledged to pay back his victims in Indian rupees (INR) according to report on July 18, 2018. The Schemer’s Path Towards Prison Bhardwaj caught the attention of police and global media houses in April 2018, when the police arrested him for setting up an. дальше »

2018-7-20 19:00


Russian Crypto Owners and Bitcoin Miners Will Not Create Diffferent Tax Laws

Russia Will Not Create Separate Laws For Bitcoin Owners And Cryptocurrency Miners While speaking with the local media, Anatoly Aksakov, the head of the Financial Markets Committee in Russia’s state Duma, stated that the government does not have plans to create any separate tax frameworks for crypto. According to him, people who get money from […] дальше »

2018-7-19 09:55


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Indian Bitcoin Extortion Case Continues

Two months into the investigation of the Bitcoin extortion in India, the Crime Investigation Department has arrested seven constables from Amreli district in connection with the case. Arrests Made The original complaint was made by Bhatt, a builder based in Surat, who alleged that the Amreli police had kidnapped him and his partner Paladiya, and extorted over Rs 9 crore. дальше »

2018-7-17 10:00