UK landfill site containing $768M Bitcoin hard drive to close: Report
A Welsh landfill site where a hard drive purportedly containing 8,000 Bitcoin is buried is set to shut.
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South African regulators issue fresh crypto investment warning
Authorities in South Africa are warning investors to be wary of scams amid the current crypto bull market. 860 Total views 6 Total shares South Africa’s Financial Sector Conduct Authority is sounding the cryptocurrency scam alarm once again.In a press release issued on Thursday, the FSCA enjoined the public to do their own due diligence…
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Crypto Mining Malware up Over 4,000% in 2018, Says McAfee Report
Cryptojacking malware activity rose by over 4000 percent in 2018, according to a new quarterly report published by cyber security firm McAfee Labs, Dec. 18.Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge. The McAfee statistic of over 4000 percent specifically refers to total…
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Mt. Gox makes $35M BTC transfer to unmarked addresses
Around 500 BTC has been moved from a Mt. Gox-associated address but it is unclear if this is related to repayments.
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Delta Exchange completes $5M token raise following investments from DeFi players
Investors include Aave Ventures, Kyber Network, Sino Global, CoinFund, Spartan and others. 1497 Total views 14 Total shares Delta Exchange, a cryptocurrency derivatives platform, has successfully concluded a $5 million private sale of its native Delta Exchange Token (DETO), setting the stage for wider adoption of its retail derivatives marketplace. Some well-known names in decentralized finance,…
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Bitcoin balks as the Fed talks, DeFi surge continues: weekly recap
This week was quite eventful for crypto and traditional markets and investors will note that as central banks introduce new monetary expansion policy, Bitcoin (BTC) and altcoins have begun to forge their own path. Before reading the rundown, catch up on the most-read stories centered around the price of Bitcoin, the macroeconomic picture, and the DeFi…
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Why is Solana (SOL) price up today?
Solana’s price is up today as Jerome Powell delivers his most dovish outlook in years, raising bets on a 100% rate cut in September.
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IRS Sending ‘Fishing’ Letters to Crypto Users So They Pay Taxes: Attorney
The United States Internal Revenue Service (IRS) is sending letters to crypto investors to apparently scare them into accurately reporting their crypto-related income. ‘Don’t Panic’According to a Forbes report by crypto tax attorney Tyson Cross, published on July 26, a number of Cross’s clients have received a letter “6174-A” from the IRS, threatening "future civil and…
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S. Korea’s Central Bank Says It Won’t Issue a Digital Currency in Near Future
South Korea's central bank, the Bank of Korea (BOK), says it won’t be issuing a central bank digital currency (CBDC) in the near term, local English-language newspaper the Korea Herald reports Jan. 29.Having conducted a study into the prospects for domestic CBDC issuance, the BOK has reportedly concluded there is no urgent need to pursue…