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Former UK Cybersecurity Chief Says Laws Needed to Stop Ransomware Pay Outs
25.1.2021
“People are paying bitcoin to criminals and claiming back cash” via insurance claims, Ciaran Martin said
Lucky Winners Of Newegg's Raffle Get To Pay Full Price For PC Parts
21.1.2021
A lottery for prized graphics cards and processors went up briefly on PC part seller Newegg’s site yesterday. It’s a testament to the ongoing shortage of all things gaming during the ongoing covid-19 pandemic.Read more
'Pay attention' — Grayscale adds 18x the Bitcoin mined supply in one day
19.1.2021
Bitcoin worth $600 million gets taken off the market as BTC/USD struggles to cement support for a retest of $40,000
Crypto and Tax in 2021: Be Ready to Pay More
16.1.2021
As some may be aware, there are only two things certain in life, death and taxes, and while crypto was initially able to avoid tax (to varying degrees), it would seem that the taxman is finally catching up with the industry. The US Internal Revenue Service (IRS) introduced a new tax form at the...
Popular Youtuber Ali Spagnola ‘Accidentally Got Bitcoin Rich,’ Decides to ‘Pay It Forward’
14.1.2021
On Wednesday, the popular musician and Youtuber, Alicia Dawn “Ali” Spagnola, made a new video and tweeted about how she got “accidentally bitcoin rich,” after taking a request for her project called Free Paintings. After getting a bitcoin in 2013 and checking her account...
Mastermind of $147 Million Crypto ‘Scam of Epic Proportions’ Sentenced to 10 Years in US Prison
13.1.2021
The mastermind of what the U.S. Department of Justice calls a scam of “epic proportions” has been sentenced to 10 years in prison. His crypto scheme collected over $147 million, duping 72,000 investors. He is also ordered to pay the U.S. Internal Revenue Service more than $1.8 million...
Market Wrap: Bitcoin Hovers Around $34.2K While Options Traders Pay Up for Possible ETH Upside
12.1.2021
Bitcoin’s price has ridden a roller coaster on lower spot volume while options traders are ready to bet on ether FOMO
The CFTC Asks Court to Issue Fines in Excess of $100M Against Mastermind of a Fraudulent Crypto Scheme
11.1.2021
The Commodity Futures Trading Commission (CFTC) has filed a motion with the New York Southern District Court that seeks heavy penalties against Michael Ackerman, the mastermind of a fraudulent cryptocurrency scheme. According to the motion, the U.S. agency wants the court to order Ackerman to...
China Launches Digital Yuan ‘Hard Wallet’ Card Pilot Program
10.1.2021
The People’s Bank of China (PBoC) have green lighted a physical card-wallet pilot to test its digital yuan. Coffee shop staff in a Shanghai-based university hospital was chosen as participants in the pilot. Wallet Card Can Pay or Accept e-CNY Without Wi-Fi or a Mobile Connection According...
This Bitcoin Ransomware Rakes in $150 Million in BTC
10.1.2021
A new report by two cybersecurity firms has revealed that one ransomware family is particularly successful, raking in over $150 million in bitcoin. The ransom payments “sometimes amount to millions of dollars and typically run in the hundreds of thousands range.” Ransomware Makes $150...
Finally, a good reason to sell Bitcoin: Hodler liquidates to pay off parents’ mortgage
7.1.2021
Bitcoin HODLers are divided on whether now was the best time to sell. But mom and dad
Trump Bans Chinese Payment App Giants Alipay and Wechat- Order Could Steer Billions of Dollars Toward Bitcoin
7.1.2021
Cryptocurrencies may see a boost between China and the U.S., as the American president Donald Trump has signed an executive order banning financial transactions with eight China-based payment applications. Following the signing of Trump’s new executive order, popular payment apps including...
Trump bans Chinese payment apps, including AliPay and WeChat Pay
6.1.2021
The trade war with China homes in on the country's thriving digital payments industry
Sell Telegram to Pay off Failed ICO Debts, Demand Angry Investors
5.1.2021
Disgruntled investors in the failed Telegram initial coin offering (ICO) say that Pavel Durov, the chat app operator’s founder, should sell his stake in the company to pay off his debt to those left out of pocket.
The investors stumped up a combined total of around USD 1.7bn in the TON network...
Who said you can't spend crypto? Redditor sells free Moon tokens to pay rent
5.1.2021
This Reddit user has found a unique way to make ends meet during the pandemic
Miami’s Mayor Considers Putting Some of City’s Treasury Reserves in Bitcoin
4.1.2021
Miami Mayor Francis Suarez is exploring putting a percentage of his city’s treasury reserves in bitcoin. Miami is currently working on accepting the cryptocurrency as a means of payment for city services and taxes. The mayor believes that “Bitcoin has been a stable investment during...
NYT Study: Coinbase Underpaid Female and Black Employees at Much Larger Rates Than Those in the Technology Industry
1.1.2021
An analysis performed by the New York Times of internal pay data at cryptocurrency exchange Coinbase unveiled disparities in salaries, showing their women and Black employees were underpaid. Coinbase Underpaid Women and Black Employees, Claims NYT Study According to the report, women employees were...
BitGo to Pay $93K to US Treasury to Settle 183 ‘Apparent’ Sanctions Violations
30.12.2020
Bitcoin custodian firm BitGo agreed to pay $93,830 in a settlement pact with the U.S. Treasury over 183 “apparent violations” of multiple sanctions programs
Miami Mayor Open to Bitcoin Investment, Crypto Bill Pay Plans
30.12.2020
Francis Suarez. Source: A screenshot, Instagram/mayorofmiami
The Mayor of Miami, Florida, has stated that he is “definitely open to exploring” the idea of investing 1% of the city’s treasury reserves in bitcoin (BTC).
The Mayor, Francis Suarez, was reacting on Twitter to a challenge from Anthony...
NY Times report alleges history of pay discrimination at Coinbase
30.12.2020
“The pay disparities at Coinbase appear to be much larger than those in the tech industry as a whole," wrote the New York Times