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Japanese Police Arrest 4 Men Allegedly Behind $55 Million Crypto Investment Scheme
14.7.2021
Four alleged masterminds of the “Oz Project” have been arrested after duping investors across Japan for at least four years. According to investigators, the scheme raked in $55 million from about 20,000 investors, promising 2.5 times returns in four months. Police in Aichi Prefecture...
Whale From 2012 Transfers 740 Bitcoin Worth $26M After BTC Sat Idle for 9 Years
13.7.2021
On July 12, an old whale from 2012 spent 740 bitcoin worth roughly $26 million at the time of transfer after nine years of choosing not to move the coins. The whale acquired the bitcoin on May 31, 2012, when the stash of crypto was only worth $3,700. Old School Whale Moves 740 ‘Sleeping...
PAX 2021 Tickets Aren't Selling Out, Unlike Most Years
12.7.2021
Tickets for Penny Arcade’s annual West coast video game fan convention normally sell out incredibly fast, with choice tickets to the weekend-long event usually gone in minutes. But 2021 isn’t a normal year, and in the looming shadow of a continuing global pandemic, tickets to this year’s PAX West...
Darknet Update: Hydra Reigns, Monero Acceptance Climbs, Russian State Collusion Questioned
11.7.2021
At the end of 2020, darknet markets (DNM) set new records as marketplaces like White House and the Russian-language DNM Hydra led the pack. A report published on May 25, shows Hydra saw a 624% year-over-year growth rate in three years, and researchers estimate roughly 75% of illicit...
US Sentences Crypto Fraudster to 15 Years in Prison After Duping Thousands of Investors
9.7.2021
A Swedish man has been sentenced to 15 years in prison in the U.S. for an investment fraud scheme involving cryptocurrency, including bitcoin. He defrauded thousands of victims of more than $16 million. The U.S. Department of Justice (DOJ) announced Thursday that a “cryptocurrency...
Pandemic has accelerated the rollout of CBDCs by 5 years, says blockchain firm
9.7.2021
"There is also no doubt in our mind that a major central bank will soon launch a digital currency and we expect this to happen within the next three years," said Guardtime
This Horror Game Has One Of The Best Narratives In Years
9.7.2021
Scarlet Hollow is a quite incredible accomplishment. It’s one of the best narrative games I’ve played. Not only is this interactive fiction a deeply compelling and engrossing story, but it’s also an Inkle-level of branching story possibilities where your choices have long-reaching and significant...
Crypto Wallet Recovery Service KeychainX Can Save Your Bitcoin
8.7.2021
Whenever the prices of digital assets skyrocket, social media gets flooded with stories of people that could be millionaires now but forgot the keys to wallets they opened a few years before. But if this happened to you, don’t lose hope, cryptocurrency wallet recovery service KeychainX...
Bitcoin Taproot Support Lags at 27% — Even Though Soft Fork Is Opt-in Supporters Beg Nodes to Update
6.7.2021
On June 12, the crypto community celebrated the fact that the Bitcoin network locked in Taproot support in order to activate the largest upgrade the protocol has seen in four years. 24 days later, Taproot support via Bitcoin nodes has only reached 27.55% and upgrade supporters are pleading with...
Prime Minister of Vietnam Asks Central Bank to Pilot Digital Currency
5.7.2021
Pham Minh Chinh, the prime minister of Vietnam, has asked the country’s central bank to conduct a study of cryptocurrency and pilot the implementation of a blockchain-based currency within the next two years. The efforts are part of the Asian country’s new e-government strategy....
NBA’s Portland Trail Blazers to wear crypto logo for next five years
2.7.2021
The Trail Blazers will reportedly feature the StormX logo on team jerseys for the next five years, beginning with the 2021-22 season
‘Doctor Bitcoin’ Pleads Guilty to Running Illegal Crypto Exchange in US, Faces 5 Years in Prison
30.6.2021
A Texas man, who calls himself “Doctor Bitcoin,” has pleaded guilty to running an illegal cryptocurrency exchange business, converting cash to bitcoin. He faces five years in federal prison. Crypto Exchange Operator Pleads Guilty The U.S. Department of Justice (DOJ) announced Tuesday...
Ergo: A New Layer DeFi Solution Celebrates Two Years of Mainnet Launch
30.6.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The past year has been buzzing with increasing activities in decentralized finance (DeFi) and the blockchain ecosystem as a whole. From a total value locked (TVL) of 500 million USD on March 12 (the much talked...
Oracle Vinny Lingham Still Envisions $100K This Year if Bitcoin ‘Continues to Hold $30K’
28.6.2021
The former CEO of Gyft and the cofounder of the project Civic, Vinny Lingham has been called an ‘oracle’ at times for correctly predicting the future price of bitcoin. On various occasions all the way back to 2016, Lingham has made correct bitcoin price calls over the years. Even though...
French court sentences BTC-e operator Alexander Vinnik to 5 years
28.6.2021
Vinnik’s lawyers fear Greek authorities will want him to face additional charges after the sentence
Minecraft Alpha 1.1.1, An Extremely Rare Version, Was Finally Found After 10+ Years Of Searching
26.6.2021
Since it was released back in 2009, Minecraft has been updated many, many, many times. Over the years, fans have started working together to find these past versions. Most have been easy to find. But one version, Alpha 1.1.1, was thought to be completely lost until a random tweet from a decade...
US Man Selling Bitcoin Without License Faces 5 Years in Prison
26.6.2021
A New Orleans resident has been charged for selling bitcoin without registering with the Financial Crimes Enforcement Network (FinCEN). If convicted, the seller may receive a maximum of five years in prison, a maximum $250,000 fine, up to three years of supervised release, and a $100 mandatory...
‘Billion of users adopting Bitcoin? Maybe in ten years', says Dan Held
25.6.2021
The process leading Bitcoin to the status of world reserve currency could take a decade, according to Kraken’s growth lead
After Years of ASIC Manufacturing Canaan Expands to Bitcoin Mining in Kazakhstan
24.6.2021
Canaan Inc., the crypto mining rig manufacturer based in Beijing, has announced the company plans to mine cryptocurrencies in Kazakhstan. The company says that the firm’s next-generation Avalonminer mining rigs are already deployed in the world’s largest landlocked country. Canaan Joins...
The Nintendo 64 Is Now 25 Years Old
23.6.2021
On June 23, 1996, the Nintendo 64 went on sale in Japan. The console is now 25 years old. Twenty-five! Can you believe it?Read more