The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. European Energy Crisis Progressing In last Thursday’s dispatch, we covered the dynamic of this inflationary bear market, where the conditions of…
A Florida man pleaded guilty in federal district court on Thursday to participating in a cryptocurrency-based Ponzi scheme that defrauded investors of approximately $100 million, the Department of Justice announced today. The department says Joshua David Nicholas of Stuart, Florida—population 16,000—acted for nearly two years as the so-called “head trader” of EmpiresX, a cryptocurrency investment platform that promised investors daily…
This is an opinion editorial by Anthony Feliciano, a Bitcoin event organizer and consultant. It’s no secret we live in a mass surveillance state. The technology created to help us be a more energy efficient and productive society, is now our greatest threat to our privacy and self-sovereign well-being. Take a look around — from smart refrigerators to smart light…
Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth $30 million from North Korean hackers. “This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and we’re confident it won’t be the last,” the firm’s director of investigations said. $30 Million in Seized Crypto Linked to North…
press release PRESS RELEASE. Crypto E-commerce giant, Shopping.io is streamlining its operations. On September 9th 2022, Shopping.io will be airdropping its new native utility token – $SHOP to the holders of $SPI and $GSPI. To celebrate the launch, Shopping.io is hosting multiple events offering major benefits including 20% $SHOP back rewards and exciting giveaways! Shop Online Using Nothing but Crypto!…
Polygon Chief Security Officer Mudit Gupta has urged Web3 companies to hire traditional security experts to put an end to easily preventable hacks, arguing that perfect code and cryptography are not enough. Speaking to Cointelegraph, Gupta outlined that several of the recent hacks in crypto were ultimately a result of Web2 security vulnerabilities such as private key management and phishing…
In brief QueenE, an Ethereum-based NFT project, is holding its final Gen1 artwork auction following the death of England’s Queen Elizabeth II. The project launched in July and has released 73 total pieces of artwork. An Ethereum NFT project that produced dozens of pieces of Queen Elizabeth II tribute artwork over the last two months is currently hosting its final…
While decentralized finance (defi) has created a plethora of protocols that make it so crypto assets can gather a yield, ten and a half years ago a bitcoin exchange called Bitcoinica introduced the first interest accruing system for bitcoin deposits. Despite being the first to test the waters, Bitcoinica eventually went bust after a series of hacks that saw roughly…
Richard Fuller, the Economic Secretary to the Treasury, said the government wants the United Kingdom to be the “dominant global hub for crypto technologies.” In a parliamentary debate on crypto asset regulation in the U.K. on Wednesday, Fuller spoke in favor of “powerful” use cases for cryptocurrency and blockchain technology, including using distributed ledger technology for customs and international trade…
The White House Office of Science and Technology Policy (OSTP) has weighed in on the environmental and energy impact of crypto assets in the United States, finding that crypto makes a significant contribution to energy usage and greenhouse gas (GHG) emissions. It recommends monitoring and regulation in response. The report, released Sept. 8, was the latest to come out of…
