Check out this week’s Bad Crypto News. Bitcoin has had a rough week, down around 9 percent and trading below $6,700. Ross Ulbricht, the founder of Silk Road, believes we’re in a bear market that could even take the price under $3,200. Ulbricht is serving two life sentences for money laundering, computer hacking, and conspiracy […]
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PlusToken is not behind the recent Bitcoin price crash, but as scam activity peaks amid the pandemic they may still affect the market. Bolstered by the new coronavirus pandemic, scams continue to be rampant in the cryptocurrency world. From malware to fake investment programs and even fake donations to health organizations, scammers are known for […]
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Teleport, the logistics division of major airline AirAsia, launched blockchain-based cargo booking system Freightchain. Teleport, the logistics division of major airline, AirAsia, has launched a blockchain-based cargo booking system called Freightchain. According to an April 16 announcement, Freightchain is “the world’s first digital air cargo network run on blockchain.” The network — which is launching […]
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Vice Minister of Strategy and Finance calls to take advantage of “golden” chances in the blockchain industry. The South Korean government has stated that the blockchain market represents a “golden opportunity” for the country. They are now calling for private sector companies throughout South Korea to exploit this potential. According to a report published on […]
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Bitcoin critics often cite scaling issues, a lack of privacy, and centralized mining as reasons to not invest in Bitcoin, but what if these problems are actually advantages? Bitcoin is often described as gold 2.0; a superior system of storing and transferring value. It has seen a rapid increase in market capitalization since its introduction […]
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North Korean crypto and cyberattacks still in the crosshairs of several U.S. agencies, who have issued a new advisory against the regime’s cryptojacking and hacking programs. Several United States agencies issued what they call comprehensive guidance on North Korea’s cyber attacks, which have hacked cryptocurrency exchanges and used cryptojacking and ransomware to finance the regime. […]
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An overview of 2020’s four most significant regulations for cryptocurrency exchanges around the world. The lack of uniformity among different jurisdictions’ cryptocurrency laws makes it difficult for crypto exchanges seeking to expand to new markets. While some countries are embracing and fostering innovation, others are more hostile to Bitcoin (BTC) and other cryptocurrencies. Further exacerbating […]
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Huobi launches a tool to monitor illicit cryptocurrency transactions. Per an April 13 announcement, Huobi (HT) Global has launched Star Atlas, an on-chain analytics tool to monitor illicit cryptocurrency transactions that could work in tandem with similar tools. Past criticism The tool should help Huobi address some of the past criticism it had received. Chainalysis’ […]
Continue ReadingThe cryptocurrency exchange made the decision in the midst of allegations that Monero transactions were used for criminal acts. Huobi Korea announced on April 8 that they would be ending support for Monero (XMR) trading starting on April 9, 2020. They stated that this was due to “low trading volumes and anonymity functions”. They did […]
Continue ReadingAs the pandemic challenges the global economy and forces people to abandon cash, a CBDC might be the right tool to fix the financial system. The COVID-19 pandemic is pushing the global economy toward a major recession, but there may be a silver lining in all this for the crypto industry: The accelerated adoption of […]
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