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South Korean police use AI to bust $19M Bitcoin-fuelled pyramid scam

South Korean police have caught the masterminds of a Bitcoin-fuelled Ponzi scheme responsible for generating almost $19 million in revenue. The scam, called “M-Coin,” is said to have targeted those with poor understanding of the technology – mostly elderly people, retirees, and housewives – with promises of free cryptocurrency and recruitment bonuses for signing up others, reports Korea Joon Gang Daily. дальше »

2019-4-8 12:29


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Moonday Mornings: Cryptocurrency market at 5-month high, Paxful under fire, and more

It’s Monday which means it’s time for a wrap-up of the weekends top cryptocurrency and blockchain headlines. Here’s Moonday Mornings for you. 1. The United Global Resolve For Peace is petitioning the Central Bank of Nigeria after thousands of the country’s residents claim to have been “defrauded” out of millions of dollars earned from trading cryptocurrencies on exchange service Paxful, The Guardian, a local Nigerian outlet reports. дальше »

2019-4-8 11:17


Elon Musk Voices Support for Crypto Assets Innovation, Says Paper Currency ‘Is Going Away’

Elon Musk has always been vocal about his view of cryptocurrency, but recent statements focus on the fate that he sees happening with the fiat counterpart. According to recent reports from CNBC, Musk was on the FYI – For Your Innovation podcase, where he said, “Paper money is going away.” It's finally here! Thank you […] дальше »

2019-4-8 04:04


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Bitcoin Mining Firm Hut 8 Lays Off More Employees

Hut 8, a Canadian Bitcoin mining firm has laid off more employees, citing poor revenue figures due to the prolonged cryptocurrency bear market of 2018. The Canadian Broadcasting Corporation (CBC) reports that it is the second round of staff cuts, following layoffs earlier in January 2019, as the company reportedly attempts to streamline its operationsRead MoreRead More. дальше »

2019-4-7 15:00


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Tunisia Aims To Be A Pioneer In Blockchain Technology

Tunisia is looking to be a pioneer in implementing blockchain as the country’s central bank explores the use of the technology for a national digital dinar, reports the Asia Times. The Banque Centrale Tunisienne (BCT) and its newly appointed governor Marouane El Abassi are currently working with Walid Driss, the Tunis-based founder and CEO of […] The post Tunisia Aims To Be A Pioneer In Blockchain Technology appeared first on Coinjournal. дальше »

2019-4-7 14:16


Bitcoin [BTC]: Cumberland’s Trading Desk records over 10 transactions worth >1000 BTC each within an hour

The cryptocurrency market’s resurgent behavior has driven the community into a frenzy, with several proponents advocating, and users responding with multiple large scale transactions. Latest reports suggest that Cumberland, the cryptocurrency Over-the-Counter shop, witnessed more than 10 different bids worth higher than 1000 Bitcoin [BTC] each in the space of an hour. дальше »

2019-4-5 14:30


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North Korean Hackers Pivot Towards Cryptocurrency to Fund Country’s Nuclear Program

North Korean hackers with the backing of Pyongyang are targeting cryptocurrency exchange platforms as part of efforts to raise funding for the country’s nuclear weapons program. Wired reports that several international cybersecurity experts believe a hacking syndicate based in the country is also responsible for attacks against banks across the globe. дальше »

2019-4-5 13:00


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Smaller Holders Caused Latest Bitcoin Rally, Bloomberg Reports, But Did They Really?

A recent report by Bloomberg cites a reduction in the number of idle Bitcoin wallets as a primary reason for the latest price surge. But is that really the case? Idle Bitcoin Wallets Plunge Citing a research from market intelligence firm Flipside Crypto, Bloomberg reports that a high number of Bitcoin wallets have become active […] Smaller Holders Caused Latest Bitcoin Rally, Bloomberg Reports, But Did They Really? originally published on My Bitcoin News by Yordan Lyanchev. дальше »

2019-4-5 12:07


Is Bitcoin The Focal Point Of Massive Restructuring At BlackRock, Leading To New Digital Asset Team Members

Massive Restructuring Of BlackRock Leads To New Members On Digital Assets Team BlackRock has been one of the many companies that are progressively but quietly examining the digital asset industry. With $6 trillion in assets already in its management, the company has officially chosen to create a digital asset team, according to reports from Abacus […] дальше »

2019-4-4 21:10


Bitcoin’s [BTC] present bull run is significantly different than its last bull run in October 2017, reports Twitter user

The cryptocurrency market is often significantly volatile. The ecosystem is always one flash fall or price hike away from growth or bust. The bearish winter took its toll on Bitcoin [BTC], the world’s largest cryptocurrency, and the market witnessed a devastating fall during the price decline of early 2018. дальше »

2019-4-4 09:30


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Quadriga CX Victims May Get Refunds Sooner than Later

Creditors of the now defunct Canadian cryptocurrency exchange, QuadrigaCX may get compensated sooner than later, as Ernst & Young (EY),  the court-appointed monitor investigating the case, has advised the firm to commence bankruptcy proceedings as soon as possible, to cut costs and expedite the creditors’ refunds process, reports Bloomberg on April 2, 2019. дальше »

2019-4-4 09:00


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Lucid Sight Blockchain Gaming Platform Raises $6M from Notable Investors

In a bid to expand its distributed ledger technology (DLT) powered MLB Champions and Crypto Space Commander games and make them available on traditional platforms, Lucid Sight, the developer of innovative games for blockchain technologies, has raised $6 million from several investors, including Digital Currency Group, Galaxy EOS VC Fund and others, reports VentureBeat onRead MoreRead More. дальше »

2019-4-4 01:00


Horrifying Jeremy Corbyn Target Practice Video a Warning to UK Leftists

A shocking video has emerged of U. K. troops stationed in Kabul, Afghanistan using a large photo of main opposition leader Jeremy Corbyn for target practice on a shooting range. World Counter Terrorism Congress Chair Alistair Bunkall posted the video of the soldiers’ recklessly unprofessional behavior to Twitter early Wednesday morning: Video has emerged of soldiers on a shooting range in Kabul firing at a target of Jeremy Corbyn. дальше »

2019-4-3 19:05


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Tech companies still care more about AI and IoT than blockchain

Blockchain might be the hot buzzword of the moment, but according to new research, it’s being bested by the Internet-of-Things (IoT) and artificial intelligence (AI). A recent survey conducted by identity management cloud software provider, Okta, found that digital firms are investing in AI and Internet-of-Things over blockchain, Cointelegraph reports. дальше »

2019-4-3 12:46


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Two new cryptocurrency bills from US Congress aim to create competitive regulation and prevent market manipulation

Two pro-cryptocurrency bills were introduced to the US House requesting the CFTC, in consultation with the SEC, produce reports to inform lawmakers about crypto. The bills aim to gather information on how to encourage adoption of cryptocurrencies, create more competitive regulation, improve laws for crypto exchanges, and prevent price manipulation. дальше »

2019-4-2 14:25


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Alibaba, Baidu, and Tencent are among the first 197 regulated blockchain firms in China

China‘s Cyberspace Administration – the country’s central internet regulator – has released the first list of companies approved to conduct business with blockchain tech. There are 197 businesses included on the list which, according to analysts, is meant to “provide a controllable environment to explore blockchain technology,” the Global Times reports. дальше »

2019-4-2 11:51


After Reports of John McAfee’s Support Towards Apollo Arise, Bitfi Responds

John McAfee, the creator of the infamous anti-virus software, earned a lot of attention this week after voicing his support for the privacy coin Apollo. CCN and several other publications reported that his support came with many red flags, detailing exactly how Apollo is not the privacy-focused coin that it proclaims. However, Bitfi announced that […] дальше »

2019-4-2 04:48