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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


Professional Football Players in the NFL Are Wanting Multi-Million Dollar Deals Paid in Bitcoin

Bitcoin is rising in price, and each industry is starting to become more interested in what the market can do for them. Football players have been perhaps the most interesting surprise, when LA Chargers Offensive Tackle Russell Okung posted a simple tweet – “Pay me in Bitcoin.” And as $BTC tops $8,600 USD in value […] дальше »

2019-5-27 01:49


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Bitcoin Pizza Day: How a hungry Florida man made cryptocurrency history

Nine years ago today, the first ever Bitcoin transaction for a consumer product took place after a Florida man spent 10,000 BTC on two pizzas. Since then, cryptocurrency enthusiasts across the globe have celebrated ‘Bitcoin Pizza Day,’ not because the man in question paid 10,000 BTC, but because at the time said transaction represented a milestone for Bitcoin adoption. дальше »

2019-5-22 16:00


Ransomware Crooks Cashed Out $16 Million from Defunct Bitcoin Exchange: Google Research

By CCN: In the two years leading up to 2018, a spate of ransomware attacks were analyzed in a report by a team of researchers hailing mostly from leading U. S. universities and Google. Results showed a conservative estimate of total funds stolen to be $16 million, with bitcoin providing a way for malicious actors to take payment from anywhere in the world. дальше »

2019-5-9 11:50


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London Block Exchange Insolvent since 2018: Staff, Developers, and Creditors Owed Large Amounts

Peter McCormack, the host of the What Bitcoin Did podcast, has alleged that London Block Exchange (LBX) has been insolvent since Autumn 2018. The staff has not been paid since December 2018, creditors are owed millions of GBP, and the employee pension deductions never reached the pension fund as they were allegedly used to keepRead MoreRead More. дальше »

2019-4-29 13:00


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PayPal Wins Patent for Ransomware Detection Solution

Global payment processing platform PayPal has been awarded a patent for a technique that can help with the timely detection and reduction of ransomware attacks. Ransomware attacks are a form of malware that takes over the victim's computer, locks up the files therein and demands a ransom before the files can be accessed again — often to be paid in cryptocurrency. дальше »

2019-4-19 21:17


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Bitcoin scammers foiled by victims who simply hung up on them

Bitcoin fraudsters have actually failed for once! Hawaiian Electric customers have successfully been ignoring a “robocall” scam requesting they pay a Bitcoin amount in exchange for keeping their electricity supply running, hah! According to Hawaiian Electric, of the more than 70 scam calls reported, none of the customers paid out any money – an encouraging sign that customers are simply ignoring the scammers. дальше »

2019-4-16 13:31


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Bitcoin Adoption: Swiss Publishing Company Ditches Fiat for Cryptocurrency Salary Payments

Netzmedien AG, a Swiss-based publishing house announced on April 1, 2019, that it will no longer pay salaries in fiat, but instead, employees will be paid in bitcoin. With this, Netzmedien AG has become the latest company to adopt the emerging trend of cryptocurrency salary payments, with plans to even include more token options inRead More дальше »

2019-4-2 13:00


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How to Earn BCH as a Bitcoin Bounty Hunter

Bounty hunters have been helping to bring criminals to justice since the days of the Old West, and they are still just as needed today. If you want to become a bounty hunter and get paid with cryptocurrency, you don’t even need a fast horse or a revolver these days – just useful information on […] The post How to Earn BCH as a Bitcoin Bounty Hunter appeared first on Bitcoin News. дальше »

2019-4-1 14:39


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Anti-Bitcoin Banks Paid Over $243 Billion in Fines Since the Financial Crisis

Banks are quick to label Bitcoin the money of criminals. But banks fines since the financial crisis have totaled over $243 billion. Bitcoin fines? Zero. Isn’t it time for society to open its eyes? Banks Don’t Want to Work with Cryptocurrency Companies I tried to make a small purchase from a well-known cryptocurrency exchange earlier this week. дальше »

2019-3-28 01:00