Crypto mining can harm the country’s electricity distribution, says a Venezuelan minister. Venezuelan Minister of Habitat and Housing Ildemaro Villarroel announced today that crypto mining operations won’t be allowed in any state-owned housing or neighborhoods that are part of the “Gran Misión Vivienda” project (Great Home Mission). During an official speech on July 15, Villaroel […]
Continue Reading
The NCIS has seen an uptick in darknet purchases using Bitcoin. Blockchain analytic firms discuss procedures to combat crypto-related crimes, along with emerging challenges. Seven years ago, agents from the United States Federal Bureau of Investigation busted into a San Francisco Public Library to arrest Ross Ulbricht, the mastermind behind the Silk Road. Launched in […]
Continue Reading
The “Mekotio” trojan went from conventional banking malware one fine-tuned to steal crypto. Cybersecurity experts are warning about a family of banking trojans that target Windows users across Latin America, but this trojan happens to focus on stealing cryptocurrencies. According to a report published by cybersecurity firm ESET, the malware is known as “Mekotio” and […]
Continue Reading
Bitcoin’s active supply has hit a 19-month low, mirroring the setup before the 2017 bull run. Bitcoin’s (BTC) active supply has hit a 19-month low of just over one million Bitcoin. This could signal a potential strong price increase if it plays out in line with the findings of a report from asset manager Stack […]
Continue Reading
Diving into the mechanics of term structure and discussing BTC trading strategies in the current environment. At the same time that volatility and short-term implied volatility have been sucked out of the market, longer dated options (six months or so until expiration) are still pricing closer to their historical average volatility in the 70% range. […]
Continue Reading
Binance is said to be “operating a recognized market” without authorization from the Malaysian regulator. Top cryptocurrency exchange Binance was added to the Securities Commission Malaysia’s list of unauthorized entities earlier today. According to the regulator, the digital asset trading platform is “operating a recognized market without authorization from the SC”. Malayisan law requires cryptocurrency […]
Continue Reading
Shifting estimates of China’s Bitcoin mining presence come with the proviso that much capacity remains “unaccounted for.” China controls much less Bitcoin (BTC) mining power than people think, according to a new survey. Released on July 16 by asset manager Fidelity and crypto research firm BitOoda, the survey reveals that China is actually responsible for […]
Continue Reading
Lyn Alden says she turned “quite bullish” on Bitcoin in early 2020, and remains highly optimistic in BTC in a recent paper. Strategyst Lyn Alden said she switched from “uninterested to quite bullish on Bitcoin” in 2020. Following the drop of BTC to sub-$3,600 in March, she remains optimistic on the top cryptocurrency. Alden, who […]
Continue Reading
Scott Melker, the “Wolf of All Streets,” spoke on the danger of relying on centralized platforms after being locked out of Twitter. The “Wolf of All Streets” Scott Melker has been unable to do anything more on Twitter than read or retweet more than 24 hours after the massive hack on verified accounts. In a […]
Continue Reading
Fighter Craig Jones lost Bitcoin he bought before the 2017 ATH, but will now get tokens from a crypto exchange sponsorship. Craig Jones, a Brazilian Jiu-Jitsu fighter based in Australia, has revealed he was one of the poor souls who missed out on the Bitcoin all-time high in 2017 after misplacing his coins. According to […]
Continue Reading