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According to reports from cybersecurity researchers, there’s a new ransomware virus on the loose that’s targeting bitcoin miners. A file locking program called H-Ant has allegedly infected certain Antminer models in China and if the ransom is not paid the software aims to destroy the infected machine. Also Read: Money Transmitter License Not Required for Crypto … Read more
When an individual first joins the cryptocurrency economy and obtains their first bitcoins, at times the process can be daunting. Most veterans will often tell newcomers that they need to secure their coin’s private keys in order to enjoy sovereign ownership. However, most people are not taught how to keep their 12-24 word seed phrase … Read more
Cboe BZX Exchange has withdrawn its filing with the U.S. Securities and Exchange Commission (SEC) for Vaneck Solidx bitcoin ETF. The U.S. government is currently shut down and the ETF could have been automatically approved had it not been withdrawn. Vaneck says that the withdrawal is temporary as it is actively working to “build appropriate … Read more
On Wednesday, Jan. 23, the Pennsylvania Department of Banking and Securities (DoBS) published guidance for virtual currency businesses operating in the state. The state’s financial agency has decided a money transmission license for cryptocurrency operations is not required. Also Read: Former Mt Gox CEO Reflects on Incarceration in Japan While Facing More Prison Time Banking Department … Read more
Tidbits is a roundup of talking points from across the cryptosphere. In this edition, Peter Todd suggests memorizing randomly generated passphrases to secure recovery keys. Amaury Séchet explains how the BCH community faces an uphill battle with adoption, and Andreas Antonopoulos explains why transaction fees don’t show up as a transaction output in the block … Read more
The market downturn that has prevailed since early 2018 is now within weeks of becoming the longest winter in the history of the cryptocurrency markets. Despite being on course to become the longest downtrend in BTC’s annals, the current market has produced the weakest drawdown of the three major bear trends experienced by BTC so … Read more
The infamous Mark Karpeles, former CEO of the now defunct bitcoin exchange Mt Gox, appeared in an exposé interview on Monday and publicly discussed how he tolerated Japanese jail. Karpeles explained how he’s been accused of financial misconduct in a land that has a 99 percent conviction rate and he wouldn’t wish his experience on anyone. … Read more
A South Korean crypto exchange mistakenly sent its customers BTC and other cryptocurrencies due to an error during an airdrop. Some users immediately sold the coins, causing the prices of a number of cryptocurrencies on the exchange to sharply fall. The exchange said, however, that the majority of customers have agreed to return the funds. … Read more
Switzerland’s Falcon Private Bank has introduced a cryptocurrency wallet as well as support for direct transfers of BTC, BCH, ETH and LTC for private and institutional investors. The bank said investors can now directly transfer cryptocurrencies to and from its own “segregated Falcon wallets.” They can also convert their digital coins into cash. Also read: Chile to … Read more
Over-the-counter marketplace Bitquick has announced the company is now supporting multiple cryptocurrencies and has officially added bitcoin cash (BCH) to the platform. Now cryptocurrency users can purchase BCH in as little three hours as traders buy and sell coins in a peer-to-peer fashion. Also Read: Regulations Have Ruined the Physical Bitcoin Industry Bitquick Exchange Adds BCH … Read more