US Financial Industry Regulatory Authority Issues Its First Crypto Disciplinary Action

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The U.S. Financial Industry Regulatory Authority has taken its first disciplinary action involving cryptocurrencies. The authority charges a broker with fraudulent and unlawful distribution of unregistered crypto securities. The owner allegedly “attempted to lure public investment in his worthless public company” by issuing “the first minable coin backed by marketable securities.” Also read: 160 Crypto Exchanges…

Inside Bitewei: The $20 Million Bitcoin Miner Being Hailed as a Bitmain Rival

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A startup seeking to rival mining giant Bitmain is gaining a reputation as a firm that could disrupt the balance in crypto’s most lucrative sector.

India Small Town Layman Falls For A Conman: First MLM, Then Wallet Theft

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The growing incidence of bitcoin multi-level marketing (MLM) scams in countries like India is a two-pronged wake-up call. First, has a small town investor become more gullible than ever? Second, and more scary, is bitcoin – with all its complexity and novelty mixed with explosive growth – making it easy for vampires to confuse newborns?…

Stern Professor Says Bitcoin Will Hit Zero After 70 Percent Drop, Illogical Argument

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Nouriel Roubini, a Stern School professor and prominent economist, has criticized the major correction of Bitcoin and the rest of the crypto market, claiming that Bitcoin will drop to zero. Tales From Crypt-Apocalypse: Bitcoin has lost 70% from the peak; Ethereum 85%; other Top 10 crypto-currencies about 90%; the remaining crypto-zombie-currencies between 95% & 99% of…

Expanding Our Global Bitcoin Coverage – Gogo Our New Reporter in Zimbabwe

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Veteran business journalist Jeffrey Gogo has joined the news desk at Bitcoin.com. Regular readers count on news.Bitcoin.com to bring them coverage from all over the world, and that world now extends to Africa – Zimbabwe to be exact. Zimbabwe as an emerging crypto market is a critical part of the continent to have on-the-ground coverage.…

Bitcoin ATMs Targeted by Malware for Sale in Underground Markets

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Malware aimed at Bitcoin ATMs is being sold in underground markets, according to Trend Micro security researchers. For $25,000, malware exploiting a service vulnerability allows users to nab bitcoin price equivalent in euros, USD, or British pounds. Also read: Bitcoin’s Hopeful Numbers: 70% Familiar in the United States For $25,000, Bitcoin ATM Malware is Available…

Blockchain, Reloaded: How the New “Matrix” Appeared

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The following opinion piece on blockchain technology was written by Alexander Borodich, CEO Universa.io, futurologist, and Forbes contributor Just like any other phenomenon that happened to be in the public eye or the subject of hype, the blockchain has been fleshed out with legends and interpretations and they are often far separated from reality. Many…

Bitcoin Hits $24,000 In Iran After Government Okays Mining

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The world’s most expensive bitcoin core (BTC) price is in Iran. A combination of high foreign currency demand, economic sanctions and an improved regulatory environment – with some speculation – have sent the price of the leading digital currency skywards. How high can it go? Also Read: Iran Officially Recognizes Cryptocurrency Mining Falling Rial, New Policy…

The Private Key to Satoshi Nakamoto’s $8 Billion Bitcoin Fortune is on This Site—And So is Yours

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It’s no secret that a cryptocurrency wallet can be accessed by a private key—a string of letters and numbers that, if revealed, allows all those who hold it access to the cryptocurrency held within. Private keys can be lost in many ways—phishing hacks, malware, by accident or even by brute force–and given enough time, it’s possible…

Dread Pirate Roberts Whale Wallet Activity Hints Toward $800 million Bitcoin Market Dump

Dread Pirate Roberts Whale Wallet Activity Hints Toward $800 million Bitcoin Market Dump

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Almost $800 million worth of Bitcoin and Bitcoin Cash has been withdrawn from wallets associated with defunct cryptocurrency “black market” Silk Road marketplace and linked to Silk Road owner Ross “Dread Pirate Roberts” Ulbricht, signaling a potential large-scale Bitcoin market dump. The Silk Road-related cryptocurrency wallet activity, first observed by cryptocurrency community members on Aug.…