Cryptocurrencies at the verge of Falling by 58% Globally
Risky assets like equities and cryptocurrencies seem to be losing value owing to macroeconomic circumstances. The market’s price movement of Bitcoin and other cryptocurrencies has been negative for the longest time between 2017 and 2018. The macroeconomic outlook and how growth and inflation will impact the value of cryptocurrencies seem to be the focus of […]
Bitcoin’s Inflation continues until it hits 1B wallets: Scaramucci
Before Bitcoin can function as an inflation hedge, according to the CEO of Skybridge Capital, it has to be much more widely used. Although Bitcoin remains a desirable asset, according to Anthony Scaramucci, CEO of Skybridge Capital, it has not yet attained the “wallet bandwidth” necessary to qualify as an inflation hedge. The CEO of […]
Ronin Hackers Moves Stolen $625M to the Bitcoin Network
According to recent discoveries by blockchain researcher and developer liteZero, the Ronin hackers moved the stolen funds from the Ethereum network to the Bitcoin network. To transfer the money to the bitcoin blockchain, the Ronin hackers exploited Ren Protocol and a number of controlled crypto exchanges. Remember how the hackers transferred $625 million worth of […]
The US Deports Denis Dubnikov, Crypto Money Launderer
Russian national Denis Dubnikov, 29, was deported from the Netherlands to the United States this week to face allegations of laundering more than $400,000 in Ryuk earnings. According to the Justice Department, Denis Dubnikov who was recently deported from the Netherlands to Portland, Oregon, entered a not guilty plea to charges of allegedly laundering bitcoin […]
Two Ukrainian Tech Titans Now Accept Bitcoin: Report
100 outlets run by two of Ukraine‘s biggest electronic merchants now accept Bitcoin. Two of Ukraine’s major electronic merchants, Techno zhak and Stylus, now accept Bitcoin and other cryptocurrencies as forms of payment. Customers may now use Bitcoin to make purchases from each retailer’s online sites or from any of their combined 100+ physical outlets. […]