Two Austrian men have been arrested by the police in Vienna for allegedly helping former Wirecard COO Jan Marsalek to escape from the law in Belarus after masterminding a $2.4 billion corporate fraud. The two men, one who is a former senior agent in the Austrian secret service and the other a former right-wing politician […] …
Tag: Bitcoin
The dominoes are falling: Another NASDAQ-listed firm just bought Bitcoin
NASDAQ-listed Marathon Patent Group just announced it had purchased 4,812.66 Bitcoin in a $150 million aggregate deal.
The post The dominoes are falling: Another NASDAQ-listed firm just bought Bitcoin appeared first on CryptoSlate. …
Gaming Company The9 Agrees to Buy 26,000 Bitcoin Mining Machines
The company says a “majority” of the ASICs are already deployed. …
What are Bitcoin ETFs?
Blockchain technology has become popular over the years, and even Facebook decided to jump on the bandwagon to introduce a digital currency of their own. Whenever we hear the term Blockchain on media or somewhere else, the first thing that comes to our mind is Bitcoin. Bitcoins are one of the most popular forms of […] …
Experts Weigh In On The Possibility Of Bitcoin Facing A Monumental Crash This Year
The Bitcoin price upsurge has been a surprise to many people. Many are still anxious, waiting for the other shoe to drop, and think that the Bitcoin price will crash in 2021. A few experts shared with us what they think will happen to the Bitcoin market this year. Chad Elwartowski First Seasteader Ocean Builders […] …
Network File-Sharing Service Suffers Cryptojacking Attack
QNAP Inc., a company specializing in building file-sharing and storage management applications, has warned users about an ongoing crypto mining attack on its network-attached devices. According […] …
First Mover: Bitcoin Flushes ‘Weak Hands’ as Ethereum Hits New All-Time High
Last week’s rout in bitcoin market looks like “weak hands” selling out – since bidders appeared to materialize whenever prices fell to $30K. …
XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire // Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st, 2021. Xeno NFT Hub (market.xno.live), developed by Xeno Holdings, enables easy minting of digital […] …
Crypto Miner Marathon Patent Group Buys $150M in Bitcoin
The Nasdaq-listed mining company wants to become a “pure-play bitcoin investment option” for Wall Street. …
World Economic Forum to host cryptocurrency discussions at Davos this week
The International Organization for Public-Private Cooperation has been vocal about its stance on the burgeoning crypto market.
The post World Economic Forum to host cryptocurrency discussions at Davos this week appeared first on CryptoSlate. …
Russian Public Officials Have Until April to Sell Their Cryptocurrency Holdings
Russian government officials have to dispose of their cryptocurrency holdings by April 1st, 2021, according to a letter from the Ministry of Labor. …
Sharia-compliant exchange, CoinMENA prepares for launch with Bahrain license
TL;DR Breakdown: A Sharia-compliant exchange CoinMENA has received a license from Bahrain central bank for launch. The exchange will serve both institutions and retail investors in MENA. A new digital currency exchange, CoinMENA, is set for launch in Bahrain after receiving a virtual asset license from the country’s central bank. The soon-to-launch exchange aims to […] …
Decreasing Grayscale Bitcoin Trust Inflows Stop BTC Price From ATH Recovery: JPM Analysts
According to JPM analysts, the decreasing inflows in Grayscale’s Bitcoin Trust prevent the cryptocurrency from recovering to its all-time high value. …
Chainalysis: Crypto ransomware attacks rose by 311% in 2020
TL;DR Breakdown Illicit transactions with crypto dropped to 0.3 percent in 2020. However, there is a spike in the number of ransomware attacks. The growth of the cryptocurrency industry has been an attractive factor for cyber-criminals. The market was threatened with several fraudulent investment schemes and hackers over the past years, causing a setback for […] …
Investing in Bitcoin is as Safe as Gold And Bonds, Says SkyBridge’s Anthony Scaramucci
New regulations, institutional entrance, and global economic uncertainty have helped bitcoin to mature, making it a safe and reliable investment option. …
Institutional Investors not enough to save the Bitcoin market- JP Morgan
TL;DR Breakdown Ethereum’s current campaign adversely affects Bitcoin The low number of institutional investors hinders Bitcoin’s rise. Bitcoin’s market share reduces. JP Morgan Chase and Co, a Wall Street bank stated that the amount of institutional investors is not enough to return Bitcoin to its all-time high. JP Morgan, a full investment company stated that […] …
CryptoCom Starts the New Year With Fee-Free Transactions for New Users
[Featured Content] The cryptocurrency market is going on a virtual roller coaster over the past couple of weeks. This is especially true for Bitcoin, where the daily fluctuations are getting more and more definitive. The primary cryptocurrency crossed $40K for the first time in history this month, only to drop back down to where it’s […] …
CryptoCom Starts the New Year With Fee-Free Transactions for New Users
[Featured Content] The cryptocurrency market is going on a virtual roller coaster over the past couple of weeks. This is especially true for Bitcoin, where the daily fluctuations are getting more and more definitive. The primary cryptocurrency crossed $40K for the first time in history this month, only to drop back down to where it’s […] …
Ethereum (ETH) rockets to new all-time high despite apathy in Bitcoin price
Ethereum just rocketed to a new all-time high despite the apathy in the Bitcoin price, which fell toward $30,000 on Sunday morning.
The post Ethereum (ETH) rockets to new all-time high despite apathy in Bitcoin price appeared first on CryptoSlate. …
Crypto Long & Short: No, Bitcoin Was Not a Response to the Financial Crisis
In spite of the timing, bitcoin wasn’t created as a result of the 2008 crisis – and this misunderstanding matters. …
Bitcoin: Would Nietzsche Approve?
Welcome to the age of corporate socialism, where “we” socialize losses but privatize gains. In the words of David Cay Jonson, “Companies that have failed in the marketplace stick the taxpayers with their losses,” yet “when they make money they get to keep it.” This is not a bug; it’s a feature. This is not […] …
Grayscale Sweeped $1.27 Billion In BTC Off The Market In One Week
Despite the recent drop in the topmost cryptocurrency value by market cap, institutional traders, who have immensely been the asset’s driving force in recent times, haven’t slowed down in raking as much as they can lay their hands on off the market. According to a recent sales report by Grayscale Investment submitted to the United […] …
‘Bitcoin is Bad’ Narrative Weakens as Aussie Banks Have Reportedly Laundered $385M for Drug Cartels
The narrative that Bitcoin is primarily used by criminals weakens as Aussie banks have reportedly laundered $385M for drug cartels. …
A Supply of 2.1 Quadrillion Satoshis Disqualifies Bitcoin as a Scarce Resource- Says Peter Schiff
Bitcoin is not as scarce as commonly perceived, according to Bitcoin Critic and gold Investor Peter Schiff. Bitcoin has a maximum cap of 21 million, but each bitcoin can be subdivided into a further 100 million smaller units named satoshis in reference to the pseudonym of Bitcoin’s anonymous founder. “The idea that Bitcoin is scarce […] …
Music star Soulja Boy stakes on crypto
TL;DR Breakdown Soulja Boy invests in six different crypto coins Rapper advised floating own collectible Popular American Music star DeAndre Cortez Way, professionally called Soulja Boy, has asked his followers to invest more in cryptocurrencies. The music star advised his fans to buy Dogecoin and told his fans that he just bought some BNB, DGB, […] …
NASDAQ-Listed Bitcoin Mining Company Faces Lawsuit on Defrauding Investors
The BTC mining company said it operates 22,869 bitcoin miners in China. Allegations stated it had deceived clients who made stock purchases from the firm. …
Bitcoin Price Surpassed $40,000 and Then Plummeted
This week, Bitcoin plunged again, and on Thursday (January 21) it plunged more than 10%. Entering January, Bitcoin rose from $30,000 to $40,000. (Read More) …
After brief cheers, U.S. banks are back to bashing Bitcoin again
Some US banks have restarted their outrage against Bitcoin even as others have warmed up to the asset in the past year.
The post After brief cheers, U.S. banks are back to bashing Bitcoin again appeared first on CryptoSlate. …
Debunking ‘Bitcoin is a Bubble’ hoax: Stop waiting for a catastrophic crash
Mainstream financial analysts are not yet done with the ‘Bitcoin is a bubble’ narrative to label the cryptocurrencies as a fad. Over the years, BTC skeptics have shown disdain for Bitcoin’s ability to power financial services and replace traditional currencies effectively. Even though a complete crypto takeover of the financial industry won’t happen any time […] …
Mining Rig Makers Face Inventory Shortages as BTC Market Liquidity Nears
Uneven demand across the Bitcoin market has been a significant problem since the year began. With investors soaking up more of the asset, miners have […] …
Kyber Network Announces New Upgrade, Set for Complete DEX Overhaul
Decentralized exchange and market aggregator Kyber Network is gearing up to complete the final stage of its system overhaul. In a recent blog post, the network confirmed […] …
Hut 8 Seals $11.8 Million Loan to Procure Next-Gen Bitcoin Miners
The meteoric rise in the value of cryptocurrencies, most especially Bitcoin, has seen many investors staking their money on it. Mining companies have sensed the […] …
90% Of Large Bitcoin Trades Comes From China: Report
42% of the market capitalization the of top 20 tokens with headquarters is situated in Asia as the continent’s dominance on the crypto market keeps expanding. …
Grayscale Breaking Records: Bitcoin Trust Adds Over $1 Billion in a Week
Institutional investors have allocated nearly $1.3 billion in GBTC in a week, while Grayscale looks into adding more crypto assets to its portfolio. …
LINK Soars 25% To New ATH As Bitcoin Recovers $5000 (Weekend Watch)
Exploding altcoins, such as Chainlink reaching a new all-time high above $24.5, have reduced bitcoin’s dominance over the market to 64%. …
Ampleforth-like Bitcoin rebasing token DIGG drops: crypto stimulus checks
The latest crypto stimulus (or DeFi stimulus check, to be more accurate) has just dropped.
The post Ampleforth-like Bitcoin rebasing token DIGG drops: crypto stimulus checks appeared first on CryptoSlate. …
MicroStrategy just added $10 million in BTC to its billion-dollar Bitcoin bags
They say dips are for buying, and that’s the approach being taken by one NASDAQ listed software firm.
The post MicroStrategy just added $10 million in BTC to its billion-dollar Bitcoin bags appeared first on CryptoSlate. …
What can invalidate the short-term bear scenario for Bitcoin?
The price of Bitcoin is showing strong momentum as it recovers above $33,000 following a relatively large correction on January 12.
The post What can invalidate the short-term bear scenario for Bitcoin? appeared first on CryptoSlate. …
Bitcoin Developers Weigh the Costs of Defying White Paper Copyright Claim
Should anyone in an open source community have to bear the legal brunt of a seemingly senseless lawsuit? …
UBS Executive Downplays Bitcoin’s Ability to Replace Fiat
Criticisms against Bitcoin have been rather rampant in the past few days, with some capitalizing on its recent slump to hammer its perceived drawbacks. In […] …