The Australian Federal Police (AFP) has confirmed that the Supreme Court of New South Wales has ordered the forfeiture of cryptocurrency belonging to a convicted hacker. “The amount of cryptocurrency forfeited, more than $1.2 million, is the largest Commonwealth forfeiture of cryptocurrency,” the AFP said. ‘Largest Commonwealth Forfeiture of Cryptocurrency’ The Australian Federal Police (AFP) announced Friday that a convicted…
Summary Between approximately 6:40 am and 10:42 am PT, and again between 12:20 pm and 2:32 pm PT on Wednesday, October 27th, we experienced intermittent outages on Coinbase.com, Coinbase mobile apps, and Coinbase Pro. During these outages, many users experienced slow loading times and errors while attempting to access Coinbase, or were unable to use features like buying, selling, and…
Summary of the Week Despite some relative sideways action during the week, there was a lot of excellent news and even more bullish news; a new layout for this week’s roundup. It was another week of ETFs, billionaires and politicians being bullish and Jack Dorsey’s companies pushing further into the bitcoin space. Let’s have a look at this week in…
The CEO of the world’s largest movie exhibition company, AMC Entertainment, is asking the crypto community whether his company should accept shiba inu (SHIB) for payments. The company is already planning to accept several cryptocurrencies by year-end, including dogecoin. CEO Asks Whether AMC Should Accept Shiba Inu The CEO of AMC Entertainment, Adam Aron, put up a poll on Twitter…
The world of decentralized gaming has seen significant growth in 2021 as the rise of play-to-earn (P2E) gaming merged with NFTs to open the first pathway to the Metaverse. Aavegotchi is currently making inroads in the blockchain-based gaming sector with a somewhat novel approach that incorporates features from P2E gaming, NFTs and decentralized finance (DeFi). Data from TradingView shows that…
My 2 a.m. Bitcoin Epiphany from January 12, 2020, that I sent to my closest friends. Friends, I just had an epiphany that has finally convinced me why I will be buying more bitcoin. My epiphany is as follows: The only investment vehicle available on the market today that cannot be, will not be and has not been manipulated, so…
State-owned Russian energy giant Inter RAO is now discussing electricity supplies for Kazakhstan where crypto miners have allegedly caused a spike in consumption this year. The country is expecting the power deficit to reach 600 megawatts as demand during the winter increases even further. Kazakhstan Likely to Buy Electricity From Russian Federation to Deal With Shortages Inter RAO, a major…
2021 has been a breakout year for the cryptocurrency sector, as the passage of the first Bitcoin (BTC) exchange-traded fund (ETF) is a sign that crypto is becoming more mainstream and has the potential to lead to an increase in investors exposure to BTC. The influx of new participants into the market throughout the year has had a profound impact…
Previous articles discussed the cognitive biases that affect bitcoin and biases around price and around group norms and groups’ authorities. There are also many cognitive biases that affect the conception of bitcoin and the term Environmental, Social, and Corporate Governance (ESG), which is an evaluation of a firm’s collective conscientiousness for social and environmental factors. The term ESG is widely…
Annual percentage yields, or APY, on crypto borrowing and lending platform Aave have surged to record levels after capital withdrawals sent the decentralized finance, or DeFi, protocol into a liquidity crunch. At the time of writing, variable APY on borrowing stablecoin Dai via Aave has surged to 24.88%, compared to approximately 6.50% the day prior. According to cryptocurrency researcher Igor…
