‘The Black Swan’ author says Bitcoin a poor hedge against market meltdown

A New Zealand church accused of colluding with a cryptocurrency Ponzi scheme in targeting the congregation, has denied knowingly participating in illegal activity in a Facebook statement on May 2.The Samoan Independent Seventh Day Adventist Church (SISDAC) is one of two places of worship accused of having links to OneCoin, which raised hundreds of millions of dollars worldwide by…

“Digital assets, and their related mining activities, are essential to the economic future of the United States," said the group of 14 lawmakers. 319 Total views 24 Total shares A group of 14 United States senators and House representatives have signed a letter to the Environmental Protection Agency extolling what they believe are the benefits…

Three strains of crypto mining malware have topped the latest Global Threat Index from Israeli cybersecurity firm Check Point, according to a press release published on Jan. 14.Check Point Software Technologies Ltd. is a security solution provider for governments and enterprises globally, with over 100,000 organizations reported to be currently using its security management system.As…

Bitcoin had been underperforming most altcoins for the past two months, but that trend reversed this week when (BTC's) 20% rally pushed its market capitalization to break the $1 trillion mark on Oct. 6. That shifted investors' attention back to the leading cryptocurrency, and altcoins are currently in the red for the day. The current positive…

Bitcoin could rally as high as $65,000 following expected rate cuts later this week but analysts fear US election uncertainty could keep crypto asset prices lower for longer.

The German-speaking world has experienced another week full of exciting developments in the crypto industry, with Germany setting the pace in the European fintech scene, German banks arguing in favor of a digital euro, Austria testing how to trade electricity with blockchain technology, and the Swiss crypto trading platform Sibex securing a $1.8 million investment.Here…

The attacker made close to $6.9 million in profits and left users with a pile of bad debt. 979 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTAccording to a post-mortem analysis provided by CertiK of the $5.8 million Lodestar Finance exploit that occurred on Dec. 10, 5. The…

Ethereum co-founder Vitalik Buterin posted a tweet on March 24 claiming that the continuing lack of easy movement between the Ethereum and Bitcoin networks was embarrassing.As a solution, he proposed putting resources into building a decentralized exchange (DEX), to act as a trustless bridge between the two.DEX should be trustless, serverless and Uniswap-likeButerin’s plan calls…

It’s another win for Bitcoin miners and the environment. A Dutch Bitcoiner has installed a Bitcoin (BTC) miner in a warehouse to replace the heating system powered by natural gas. Why? Because it’s cheaper, more environmentally friendly, and uses solar power.Our latest installation heats a warehouse with electricity instead of natural gas. We’ve installed manual valves…