Bitcoin

Bitcoin Whale Addresses Increasing as Unrealized Profits Hit Yearly Highs

October 27th, 2020

Several on-chain metrics for Bitcoin have been entering bullish territory as the asset remains above $13k for the fourth straight day. Bitcoin has held on to gains it made last week, remaining above the $13k barrier for the past four days. It has not revisited that 2020 high of $13,350 made on Sunday, but is…

Onchain Data Shows Rising Bitcoin Whale Index Surpassing 4-Year High

October 27th, 2020

Onchain analytics from the research and analysis firm Glassnode shows that the number of bitcoin whales (addresses with at least 1,000 bitcoins) has surpassed 1,900 clusters. The number of network participants in terms of 1,000 coin whales hasn’t been this high since 2016. Seven-day trailing statistics for the number of whales (addresses with balance ≥…

The Many Facts Pointing to John Nash Being Satoshi Nakamoto

October 27th, 2020

Six years ago, a number of theories spread across the internet that claimed the famed American economist and mathematician John Forbes Nash Jr. was Satoshi Nakamoto. There’s a bunch of circumstantial evidence that has invoked some research into the possibility that Nash could have been Bitcoin’s creator. The following editorial is the ninth installment of…

Can Github Remove the Bitcoin Codebase? Recent Repository Takedown Has Proponents Worried

October 26th, 2020

On October 23, the Microsoft-owned Github leveraged an ostensible DMCA takedown in order to remove 18 projects from the code-hosting portal. According to sources, the takedown stemmed from a request filed by the Recording Industry Association of America (RIAA). Github’s recent move has made the crypto community quite leery of the platform and some proponents…

How Hackers Exploited Twitter’s VPN Problems, Obtained God Mode and Took Over Accounts

October 25th, 2020

An investigation by the New York State Department of Financial Services has revealed how the great Twitter hack in July happened. A total of 130 high-profile, celebrity accounts were compromised and many were used to tweet about a bitcoin giveaway scam. How Twitter Was Hacked The New York State Department of Financial Services (NYDFS) released…

Kanye West: Bitcoiners Know the True Liberation of America and Humanity

October 25th, 2020

U.S. presidential candidate Kanye West professed his respect for bitcoiners during a podcast interview with Joe Rogan. He says bitcoiners “really have a perspective on what the true liberation of America and humanity will be.” Kanye West and Bitcoin Kanye West is one of the world’s best-selling musicians, having sold over 140 million records worldwide….

Paypal’s Crypto Embrace: Morgan Stanley Says Move Boon for Mass Adoption, Critics Say Payment Giant Violates Crypto Principles

October 24th, 2020

The entry of Paypal into the cryptocurrency industry continues to expose the divide between traditional crypto space players who are less enthusiastic and non-crypto players who endorse the move. Non-crypto players like the analysts at Morgan Stanely are agreement with the notion that the payments giant’s move will lead to greater adoption of cryptocurrencies. Nevertheless,…

Voyager Digital Buys European Crypto Exchange Focused on Institutional Investors

October 24th, 2020

Crypto-asset broker Voyager Digital Ltd is buying LGO Markets, a French cryptocurrency exchange focused on corporate investors. The two firms will merge under one brand, Voyager, and their two separate native tokens, VGX, and LGO will also merge. The deal grants Voyager, a Canadian Securities Exchange-listed (CSE) firm, access to the European retail market through…

Prepping for Next Year’s Travel Rule: 25 US Crypto Service Providers Publish Compliance Solutions Paper

October 23rd, 2020

A great number of cryptocurrency businesses are preparing for the upcoming Financial Action Task Force (FATF) rules toward cryptocurrencies, specifically the Travel Rule. This month 25 Virtual Asset Service Providers (VASPs) published a paper that outlines how American-based VASPs aim to comply with the FATF Travel Rule. Digital currency companies, otherwise known as Virtual Asset…

Mastermind of Alleged Billion Dollar Spanish Pyramid Scheme Arrested, Faces 16 Year Prison Sentence

October 23rd, 2020

The CEO of Arbistar the Spanish investment company, Santiago Fuentes, has been arrested and arraigned on charges of fraud, belonging to a criminal organization, and money laundering. Fuentes, who has been in hiding since September, was arrested at one of his properties in the south of Tenerife. The Arbistar Pyramid Scheme Fuentes’ arrest stems from…