Bitcoin price saw a minor correction to $6,850 as WTI crude oil futures imploded and dropped below $0. As reported earlier by Cointelegraph, the May 2020 Futures contract for West Texas Intermediate (WTI) Crude dropped more than 100% on Monday. At its worst the price reached negative $37.63, a phenomenon which has never occurred before. […]
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Podcaster Marty Bent believes the future of Bitcoin mining lies with oil and gas companies. Mining Bitcoin (BTC) has often been criticised for its exorbitant power usage, but podcaster Marty Bent has embraced a solution that he says actually reduces waste in the oil and gas (O&G) sector. In an April 15 blog post, Bent […]
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The Litecoin Foundation has acted as an executive producer for the recently released satanic heavy metal-themed comedic horror movie “We Summon the Darkness.” The Litecoin Foundation acted as an executive producer for the heavy metal horror flick “We Summon the Darkness.” The film was produced by the Los Angeles-based film production company and Litecoin advocates […]
Continue ReadingThe Texas securities regulator has taken emergency action against a cloud mining firm touting unverified charitable donations. The Texas State Securities Board (TSSB) has taken emergency action against cloud mining firm Ultra BTC Mining for issuing unregistered securities. The emergency cease-and-desist order was jointly filed against Ultra Mining by the TSSB and the Alabama Securities […]
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The Texas State Securities Board issued an emergency order against a crypto mining firm that allegedly made fraudulent COVID-19 charity claims. The Texas securities regulator has continued its crackdown on cryptocurrency scams, spotting an alleged fraudulent crypto firm that made fake claims about COVID-19 donations. On April 8, the Texas State Securities Board (TSSB) issued […]
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The Cointelegraph team talks about their experiences in handling the coronavirus pandemic. The coronavirus pandemic has been changing the global economy, our lifestyle, our ways of interacting with each other and our vision of the future. The Cointelegraph team keeps working from home offices, and all the events we planned to participate in have been […]
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A former Christian pastor targeted his African-American parishioners with fake investments in ‘the first black-owned alkaline water company.’ The United States Securities and Exchange Commission has charged a former pastor and his wife for stealing $500,000 through a trio of fraudulent businesses, including a cryptocurrency offering purportedly backed by a bottled water business. According to […]
Continue ReadingA security researcher identified nine fraudulent BTC address QR code converters that have stolen 7+ BTC in four weeks. A network of malicious QR code generators has stolen more than $40,000 from Bitcoin (BTC) users in one month. At least nine fake Bitcoin-to-QR code generators have been spotted in recent weeks, with security researcher, Harry […]
Continue ReadingCheck out this week’s Bad Crypto News. Bitcoin has continued its recovery. It’s up around 23 percent over the last week, even as the Bitcoin clock continues its countdown. We’re now entering the last 50 days of a 12.5 BTC reward. These are strange times for everyone but despite Bitcoin’s volatility, the digital coin seems […]
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Tax primer for retailers and e-tailers who want to use crypto. During 2019 alone, thousands of merchants worldwide were accepting Bitcoin (BTC) as a payment method. Despite this, a lot of current and would-be merchants are confused about how to pay taxes on their cryptocurrency sales. This guide was created by a United States business […]
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