blockchain

Bitcoin scam: Residents in Cumbria are losing over $270k in investment scams

TL;DR Breakdown: Residents in Cumbria are losing over $270,000 in Bitcoin scams The local authorities have warned residents to avoid such investment schemes. Bitcoin became an attention-grabbing asset following the recent parabolic rise of the value from below $20,000 to as a high as $40,000 within a period of one month. However, this has also […] …

blockchain

Criminal Activity Related To Crypto Transactions Fell by 83% in 2020 – New Chainalysis Report

2020 was a good year for the crypto market, especially the second half of the year despite the pandemic. Bitcoin and other digital assets recovered from the spectacular crash on Black Thursday to set new records and usher in a new era of institutional investments in the crypto market. Between the March 12 crash of […] …

blockchain

Here are the US Treasury proposals for Bitcoin and ‘virtual currency’ wallets

They don’t seem very promising, despite the crypto industry’s rapid growth in the past year.
The post Here are the US Treasury proposals for Bitcoin and ‘virtual currency’ wallets appeared first on CryptoSlate. …

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Russian exchange, Livecoin terminates services after abrupt hack

TL;DR Breakdown: Livecoin has decided to close its business and repay users. The exchange was involved in a cyber-attack that took away their control of the platform. Livecoin, one of the long-running digital currency exchanges in Russia, has been forced to shut down its services after several attempts to regain control of the platform’s server. […] …

The Good Ol’ Fake Crypto Giveaway Scam Still Generates Over $500K a Week, Report

Yes, you may have lost money with the Bitcoin crash. But at least you didn’t give a fake Elon Musk half a million dollars in a crypto scam. …

blockchain

Shyft Network’s Joseph Weinberg on the meaning of Bitcoin (and DEXs for 8 billion people)

The DeFi market has boomed in 2020, attracting billions of dollars across use cases like lending, derivatives, decentralized exchanges, and others.
The post Shyft Network’s Joseph Weinberg on the meaning of Bitcoin (and DEXs for 8 billion people) appeared first on CryptoSlate. …

blockchain

Nouriel “Dr. Doom” Roubini admits Bitcoin is a “partial” store of value

One of the most staunch critics of Bitcoin over the past few years has been Nouriel “Doctor Doom” Roubini.
The post Nouriel “Dr. Doom” Roubini admits Bitcoin is a “partial” store of value appeared first on CryptoSlate. …