bitcoin

SkyBridge Capital founder Anthony Scaramucci believes that in the next year Tesla or Ilon Musk's energy company Solar City will announce the entry into the market of environmentally friendly cryptocurrency mining. The entrepreneur expressed this opinion on Twitter. Scaramucci is ready to wager...

Now is a good time to invest in Bitcoin, prices are low and the market for Crypto is in a upturn. If you wait much longer you will miss the boat. XRP at .16 a share is a great long term investment also...

I have watched this in the making over the last year. He was the first to show 13x1080ti's could mine in Windows way back on bitcointalk. Slowly amped it up to run masternodes, which turned into buying a blade server and just running a bunch of wild things together in a custom room he built.

This is a pretty high-profile heist, as heists come, since Binance is actually the world's biggest crypto exxchange in terms of traded volume. The act was reported by Binance as a well-conducted orchestra, with hackers using seemingly unconnected accounts at the most opportune time to achieve a...

When Quadriga's CEO, Gerald Cotten, died in late 2018, the cryptocurrency exchange lost access to millions of dollars of cryptocurrency locked away in cold storage. His window claimed that the funds would be inaccessible unless a password or recovery key was found, but according to recent...

The founder of Canadian cryptocurrency exchange QuadrigaCX, Gerald Cotten, died in early December 2018 and nearly all funds from the exchange are locked away in a password protected cold storage. His widow, Jennifer Robertson says she has no password or recovery key access to the laptop that he...

Cryptocurrency has fallen flat on its face in 2018 and the demand for the machines that drove its rise to power has waned. This has caused foundry partners of the ASIC mining manufacturers to become conservative in their outlook for 2019. TSMC lowered its revenue projections for mining ASICs as...

Bitcoin and other cryptocurrency exchange rates have been quickly and steadily dropping over the past few months, with no end to the decline in sight. But, after hitting a low of about $3200 over the weekend, a price which hasn't been seen since August 2017, Bitcoin shot up to over $3440 today...

Sextortion scammers sent multiple organizations emails containing bomb threats yesterday. The perpetrators threatened to injure multitudes of people in the buildings where the emails were opened, if their demands for a $20,000 Bitcoin payment were not met. Previously these sextortion emails...

Ohio has become the first state to accept Bitcoin as a valid payment method for paying taxes. Starting this week, companies can register to make various types of tax payments in Bitcoin. Individuals will be allowed to make tax payments in Bitcoin at a later date. Ohio has also been working to...

Bitcoin plunged from about $6350 to $5500 last week, dragging much of the cryptocurrency market with it. After stabilizing for a couple of days, another big selloff started yesterday, as Bitcoin briefly dropped below $4400 and is sitting at about $4800 now. Etherium and XRP took similar...

Bitcoin dipped lower than its one-year low to $5,533.09 BTC=BTSP on the Bitstamp platform. It was down 9 percent at $5,690.47. Analysts placed a price of $6,200 as the litmus test to see if buyers were waiting on the sidelines. The loss of value in the Bitcoin market spread to Ethereum and...

The price of Bitcoin briefly spiked to nearly $7800, before falling back down and stabilizing at $6650. This brings Bitcoin back to the price it was at before last week's big drop to $6250 a coin. CCN says that massive Tether selloffs were related to the spike, as that cryptocurrency is now...

According to the Wall Street Journal, bots are manipulating cryptocurrency prices by placing fake orders. These bots post sell orders on exchanges, attracting human buyers with prices just below the market value. Right before a buyer completes a purchase, the bot cancels the order. When used en...

One of China's richest cryptocurrency tycoons, Li Xiaolai, announced his exit from the industry on the social media platform Weibo. Li is "one of the largest" Bitcoin holders in the country, and helped found the investment firm Bitfund. The billionaire stirred up some controversy earlier this...

Yesterday, the price of one Bitcoin dropped from $7350 to about $6400 within a 24 hour period. Business Insider claims that the drop was exacerbated by their own report on Goldman Sachs backing away from their crypto trading desk plans. Meanwhile, Etherium has dropped to $229, its lowest price...

Cryptocurrency investors worldwide have felt the pinching of their wallets as the value of Bitcoin and other crytocurrency has fallen up to 90% from record high values in some countries. Now the investors who lost the most are telling their stories about taking out six digit loans to buy coins...

Bitcoin is falling, Ether is falling, and all but two of the top 100 cryptocurrencies were in the red in the past 24 hours (Archive). Bitcoin only fell 5%, and keep in mind that Bitcoin makes up 54% of the entire crypto market. Bitcoin while dropping below $6000 is still up more than 40% in...

Bloomberg News had startup Chainalysis Inc. research the use of Bitcoin in commerce and what they found is interesting. According to Chainalysis Inc. people aren't using Bitcoin in commerce as much as they did this time last year. In June of last year $270M was spent in commercial transactions...

A thief was caught using social engineering on employees of cellular providers to trick them into SIM swapping a victim's cellular account to a new SIM card. This is known as a "port out scam." After that the brazen thief could take control of the person's life as his Gmail and other accounts...

HashFlare is one of the largest mining companies out there and they have abruptly shutdown all of their SHA-256 (Bitcoin) mining equipment. Needless to say their customers are howling at the moon and some have lost thousands of dollars on contracts they had with HashFlare. You can check out this...

Well, that's extremely unfortunate. I know that many of us are hanging our heads knowing that all those GPUs could have been safe in the hands of gamers.

Bitcoin's value took a big hit today when Japan told six of the trading venues in the country to improve their business operations to help cut down on money laundering and other criminal activity. As a result some of the exchanges have quit taking new customers and are working to provide plans...

Finance professor John Griffin, and graduate student Amin Shams from the University of Texas have posted a paper showing that the price of Bitcoin may have been manipulated late last year when it's price ran up to record highs according to an article from The Hill. The paper states: "By mapping...

Reuters is reporting that a relatively small South Korean cryptocurrency exchange has been hacked to the tune of about $37M worth of virtual currency. This has sent Bitcoin to a two month low price. In a statement on its website on Monday, Coinrail said its system was hit by “cyber intrusion”...

Some cryptocurrency experts say that bitcoin prices are going to double this year even though the prices have been stagnant for several months now. The most likely reason for this stagnation is the uncertainty of regulation. As regulations become clearer the experts expect the prices of...

The DoJ has opened up a criminal probe into possible manipulation of cryptocurrency prices. Apparently, the DoJ is concerned about fraud because they aren't sure exchanges are going after cheaters and there is a lack of regulation like those that govern stocks. Primary targets of the...

This isn't the first time that we have reported on the energy consumption of cryptocurrency mining, however this is the first time that a peer reviewed paper is looking into it. Financial economist Alex de Vries published a paper in Joule today that makes a solid prediction on the amount of...

Hey everyone, I need about $2k worth of BTC. I'll pay current market price. It's taking too long to get the BTC into my coinbase account from my bank so if anyone has any BTC they want to unload, PM me. Please have history of positive transactions on here as well as good heat otherwise I won't...

It appears that one of the biggest Wall Street banks is ready to jump on the Bitcoin train with Goldman Sachs getting ready to open a Bitcoin trading desk. They aren't going to buy and sell Bitcoin directly, at least not yet, but they are going to trade contracts linked to the price of Bitcoin...

Yesterday the central bank of India released new monetary policy that forbids regulated entities from dealing with individuals or business that's buying or selling cryptocurrencies. Basically, they can't facilitate any kinds of transfers of funds to digital wallets or private banks for purposes...

I guess Intel is thinking better late than never because they have filed a patent for an energy-efficient Bitcoin Mining device. This patent was filed back in 2016, but it has just now come to light and if it becomes a new product it might reduce the large energy footprint of current mining...

Earlier this month we brought you news that Twitter was cutting off ICO and cryptocurrency ads and now MailChimp is joining in and doing the same. MailChimp isn't totally against blockchain and the like, but you can't use their platform anymore to pump the latest ICO. As more social media joins...

According to Jack Dorsey, Twitter CEO, Bitcoin is going to be the world's single currency within the next 10 years. I won't call this pumping, but he does own Bitcoin and often speaks positively about Bitcoin. However, I don't care what he thinks because there is no way any major government is...

New Snowden documents reveal that the NSA has been tracking Bitcoin users since 2013. The documents show that that the NSA used methods to directly siphon internet traffic using a program code-named OAKSTAR, as well as a sham internet anonymizing service called MONKEYROCKET. ZeroHedge has a good...

Researchers at RWTH Aachen University in Germany claim to have found 274 links to child pornography while investigating what financial data has been stashed within the blockchain according to a report from PCMag. in a paper that was presented at a conference earlier this month, in which the...

Bitcoin is very likely about to hit a milestone in terms of how the US Federal Government views the cryptocurrency. What happens when you trade Bitcoin for cash is at the heart of the matter. Making the case a bit more exciting are the facts that Rockcoons, the target of the Federal suit...

As Bitcoin's price continues to slide downward from its peak back last year, some of the crypto-analysts are not painting a very rosy picture of things to come as this one at Coindesk is predicting the likelihood of falling below $8600 and possibly a lot further. However, when you think about a...

In an interesting blog post from IOActive, they have created a proof of concept ransomware attack on robots. Robots are getting more and more common, in businesses, homes, and schools. The SoftBank Pepper robot has over 20,000 units in use in businesses, and the NAO has over 10,000. These robots...

Bitcoin fell up to 13% today down to $9,416 after the U.S Securities and Exchange Commission reiterated that online trading assets must register with the agency as exchanges according to a report from Bloomberg. Instead of registering with the SEC, some of the largest trading platforms like...