Bitcoin

Crypto Patent Alliance Questions Craig Wright’s White Paper Copyright Claim

February 8th, 2021

Back in January, the notorious Craig Wright who claims to be Satoshi Nakamoto had his lawyers send letters to a number of websites like bitcoin.org telling them to remove the Bitcoin white paper hosted on their web portals. On January 31, bitcoin.org’s owner Cobra claimed he was threatened by a Bitcoinsv supporter after the person…

Crypto-Friendly Travel Firm Travala Becomes the First Merchant to Offer Binance Pay as a Payment Method

February 5th, 2021

Crypto-friendly travel website Travala has announced the integration of a brand-new payment application, Binance Pay. With such a move, the travel booking company becomes the first merchant to implement Binance Pay as a payment form after its launch on Feb. 3. Five Cryptos and One Fiat Currency Will Be Offered in the First Stage of…

Bitcoin Social Interest Drops Amid Altcoin Mania But Whale Accumulation Continues

February 5th, 2021

Bitcoin (BTC) has been playing a catch-up rally with Ethereum (ETH) on Thursday and surged around 4% to move past $37,500 levels. With Bitcoin consolidation for a while and the altcoin mania recently picking up, the social interest for Bitcoin has dropped in recent times. As noted by Santiment, Bitcoin’s social discussion rates compared to…

Bitcoin Overtakes Gold in the U.S. as the 4th Most Popular Investment Vehicle

February 4th, 2021

Research by Bitflyer released today indicates the growing popularity of the cryptocurrency as an American household investment option. But not in Japan. Stocks Remain the #1 Investment Vehicle Bitflyer, a Japanese crypto exchange, released a research paper that dives into cryptocurrency sentiment and investment trends in the U.S. and compares them to the Japanese market….

Ukraine to Set up a Large-Scale Crypto Mining Data Center in a Nuclear Power Plant

January 30th, 2021

Ukraine’s government-owned nuclear power plant picked a firm to build a massive data center in Rivne for cryptocurrency mining operations. After a bidding process, Energoatom chose Kyiv Energy Construction Company to handle the nuclear plant crypto mining project. Nuclear Power Plant Operator Expects to Launch the Data Center in 2022 According to official documents, the…

Bitcoin Miners Strain Under Semiconductor Supply Crunch, Second-Hand Mining Rig Prices Soar

January 30th, 2021

Bitcoin mining rig manufacturers are dealing with a semiconductor supply crunch according to regional reports stemming from China. There’s been a global semiconductor supply shortage and it’s affecting nearly every type of business in the supply chain that manufactures cars, PCs, laptops, smartphones, and cryptocurrency mining devices. Moreover, the recent shortage has invoked the demand…

International Operation Disrupts Ransomware Group Netwalker by Tracing Cryptos With the Help of Blockchain Analysis

January 29th, 2021

In collaboration with Bulgarian authorities, the U.S. Department of Justice (DOJ) disrupted a well-known ransomware gang’s infrastructure. Law enforcement seized their servers and traced the illicit funds with the help of blockchain forensic analytics via Chainalysis. US Authorities Seized Over $454,000 Worth of Cryptocurrencies Per the U.S. Department of Justice’s announcement, the coordinated action took…

BIS Chief Banker Criticizes Bitcoin as Inherently Risky, Says BTC Vulnerable to 51 percent Attack

January 29th, 2021

Bank for International Settlements (BIS) general manager Agustin Carstens has criticized bitcoin saying the asset was inherently risky and “increasingly vulnerable” to a 51% attack. A long time bitcoin (BTC) skeptic, Carstens stressed that only central banks should be issuing digital currencies. “Investors must be cognizant that bitcoin may well break down altogether,” he opined,…

Wall Street “Perma Bear” Predicts Stock Market Crash: Says Bitcoin Cannot Be Ignored as He Touts Gold

January 27th, 2021

Long-term Wall Street bear and bitcoin holder, David Tice predicts that the stock market will crash fall by 30% in a retreat that will persist for two years. Although the veteran investor is not giving the specific commencement date for this downturn, he warns that when it breaks, “it’s likely to brake hard and cause…

February BTC Bull Run Likely As Top Executives to Attend MicroStrategy’s Virtual Bitcoin Summit

January 27th, 2021

MicroStrategy CEO Micahel Saylor is all pumped and geared to host its Virtual “Bitcoin (BTC) Corporate Strategy” Summit next week on February 3-4. At the summit, the CEO shall be briefing big corporates on how they can invest part of their company’s reserve cash in Bitcoin (BTC). Top executives from the crypto industry have pledged…