Riot Blockchain has announced the purchase of an additional equipment for its post-halving operations. U.S.-based mining firm, Riot Blockchain, has more than doubled the number of next-generation Bitcoin (BTC) miners it has purchased, buying 1,040 Antminer S19s from Bitmain on May 6. The additional miners cost the firm $1.9 million, following Riot’s purchase of 1,000 […]
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Check out this week’s Bad Crypto News. Only a few more days to go now before the halving! Less than a week and all those miners will be taking a giant pay cut. And it comes after a great week for Bitcoin. The price has risen by more than 6 percent over the last seven […]
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Experts weigh in on the ongoing gold vs. Bitcoin debate: Which asset is more capable in these current times? Is gold faltering as a safe haven? A Coinbase blog post from May 1 suggested that several months into the COVID-19 pandemic, gold’s market efficiency vis-à-vis Bitcoin (BTC) could be slipping. “Bitcoin and gold are fundamentally […]
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Telegram has agreed to provide communications relating to purchase agreements between the firm and the initial purchasers in its 2018 ICO. Telegram has filed an order of consent agreeing to provide a trove of communications and documentation requested by the United States Securities and Exchange Commission (SEC) on May 7. The communications concern the distribution […]
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A ransomware gang is threatening to release almost 1TB of private legal secrets from the world’s biggest music and movie stars. The private legal affairs of dozens of the world’s biggest music and movie stars — Lady Gaga, Elton John, Robert DeNiro, and Madonna among them — are at risk of exposure following a ransomware […]
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A crypto investor is suing a New York teenager for $71.4 million in damages for allegedly snatching cryptocurrency from his phone. Investor Michael Terpin is suing a New York teenager for $71.4 in damages for allegedly stealing $23.8 million in cryptocurrency from him in 2018. It’s the latest legal action in a long running saga. […]
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Bitcoin is still far behind the NYC Subway in one key metric. Despite zero downtime since its inception, Bitcoin (BTC), still has some catching up to do with New York City’s subway system. May 6 2020 was the first time in its 115-year history that New York City purposely shut off its main transportation artery. […]
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The Tron Foundation is once again mired in controversy over an unverified claim that it secured a $2 million grant from a federal relief program for small firms hit by the pandemic. The Tron Foundation is once again mired in controversy over an as yet unverified allegation that it secured a ~$2 million grant from […]
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You can now sign into websites using public keys derived from your crypto wallet — an order of magnitude more secure than using a password. What better way to celebrate World Password Day (May 7) than with a new solution from the cryptoworld to get around insecure passwords and phishing attacks? The lnurl-auth protocol allows […]
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Financial statement reviews show the Intercontinental Exchange, or ICE, gifted U.S. Senator Kelly Loeffler millions during her departure from its daughter company, Bakkt. Recent financial statement analysis from the New York Times showed Georgia Senator, Kelly Loeffler, received a hefty sum after she departed her post as Bakkt’s CEO. ICE gave Loeffler a reported $9 […]
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