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Mastermind of a Cryptocurrency Scam Arrested in India


An alleged mastermind of a cryptocurrency scam has been arrested in India after he fled the country to Dubai. Investors were duped into investing in a cryptocurrency linked to a crypto exchange he established. The scheme also promised investors a monthly return of 20%-30% on investments. Alleged...

Bitcoin and Altcoins Consolidate After Sharp Sell-off, Dips Supported


Yesterday, bitcoin price saw a sharp downside correction below USD 32,500 and USD 30,000. BTC corrected over 15% before it found support near USD 29,000. Recently, it started a fresh upward move and it is currently (05:00 UTC) trading well above USD 30,000. Similarly, there was a strong pullback...

No Need for South Korean Lawmakers to Declare Crypto after Bill Fails


South Korean politicians and senior public officials need not report their crypto holdings or cryptoasset-related earnings, a new report has claimed – and there are no plans to make them do so. Per the Electronic Times, no fewer than three bills that would have seen cryptoassets granted property...

1,000 Decade-Old Dormant Bitcoins Moved Today on Bitcoin’s 12th Anniversary


12 years ago, Bitcoin’s inventor Satoshi Nakamoto launched the network after revealing the cryptocurrency concept via the white paper a few months prior. At approximately 18:15:05 UTC, the network launched its first block and since then, over 664,000 bitcoin blocks have been mined. Moreover...

Bitcoin Options on Deribet Now Go to $200K After Recent Surge


The folks over at Deribit apparently think the recent explosion in the price of bitcoin (BTC) from $20,000 to around $32,000 in just over a month, including a 10% rise in the last 24 hours, merits offering traders the ability to bet on a rally to $200,000 by late December. Read also: Bitcoin Worth...

Pro Football Star Receives Half of His $13 Million Salary in Bitcoin


Carolina Panthers offensive lineman Russell Okung said he has been paid in bitcoin after asking to be paid in the cryptocurrency for almost two years. The Panthers is reportedly diverting half of his $13 million salary to the Strike wallet, which converts the payment into bitcoin for Okung. Russell...

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