Leadership Feud at Bitmain: 10,000 Antminers Go Missing in Inner Mongolia

Reports detail that 10,000 Antiminers have been allegedly stolen from a Bitmain facility in China. Sources say that the missing mining rigs concern the ongoing power struggle between Bitmain cofounders Jihan Wu and Micree Zhan. Back in mid-June news.Bitcoin.com reported on the power struggle between the Bitmain cofounders. For many years now Bitmain has been … Read more

Us Federal Court Ruling — Bitcoin Is a Form of Money

A US Federal Court said Friday that bitcoin is a form of money covered under the Washington D.C., Money Transmitters Act (MTA). The court made this conclusion as it denied a motion to dismiss criminal charges against Larry Dean Harmon, the operator of an underground bitcoin trading platform. In December 2019, a federal grand jury … Read more

How Billion-Dollar Crypto Scams Lure Victims

In the past week, reports emerged that some key members of the Onecoin scam were found dead in Mexico. According to reports, the two Oscar Brito Ibarra and Ignacio Ibarra may have been kidnapped and murdered but the motives behind their murder is unclear. Onecoin is one of the biggest cryptocurrency Ponzi schemes that creamed … Read more

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