The Wealthy Want Crypto but Don’t Understand It, Survey Shows

The world’s richest people are putting more and more money into cryptocurrency, despite the fact they don’t understand it very well, a new report reveals. Terms like “distributed ledger” and “blockchain” are not especially familiar to the wealthy, according to their advisers. The widespread misunderstanding about the technology behind bitcoin seems to have little or … Read more

Domains Running Cryptocurrency Mining Scripts Surge 725 Percent

The number of domains with cryptocurrency mining scripts installed has skyrocketed 725 percent in four months, according to a security firm’s research. Approximately 2.7 million users were attacked by malicious crypto miners last year, with the most successful cybercriminals earning millions of dollars. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Domains … Read more

‘Decentralized Bank’ ICO Miroskii’s Entire Team Is Phoney

A new initial coin offering (ICO) called Miroskii hopes to build a ‘decentralized bank’ by utilizing blockchain technology. Looking at the white paper and the website, it appears to have solid ideas and even a nice looking team behind the project. However, looking a bit closer at the team shows the ICO’s ‘graphic designer’ just … Read more

Decentralized Exchange IDEX Hits $13 Million a Day While Etherdelta Falters

The Myspace/Facebook analogy has been gratuitously overused, yet it aptly describes Etherdelta and IDEX. The former was once the only decentralized exchange in town, a hub of ERC20 tokens bolted to a barely usable interface. Then Etherdelta (ED) got hacked and launched a pointless ICO. While ED floundered, IDEX assembled a user-friendly alternative that was … Read more

Major Pawnshop Network in Ukraine Launching Cryptocurrency-Secured Loans

A major network of pawn shops in Ukraine is launching a new lending service with loans secured by cryptocurrency. With over 300 branches, the pawnbroker plans to offer loans based on the type, amount, and price of crypto collaterals. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Pawn Shops Offer Crypto-Secured Loans Founded … Read more

Highly Organized Crime Blamed for $2mil Bitcoin Mining Burglaries

Local police in Iceland are describing it as the largest theft of its kind, if not ever, for the country. Hundreds of bitcoin mining computers were stolen from data centers, and there is worry the missing equipment could be used rather than sold, providing a tidy profit for what authorities are insisting is “highly organized … Read more

Interest in Cryptocurrency Jumped 15-Fold in Kazakhstan

Interest in cryptocurrency in Kazakhstan has surged fifteen-fold this year compared to 2017 according to a study by Yandex. The number of online searches began to rise significantly in June of last year for a number of cryptocurrency-related search terms. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Crypto-Related Search Queries Increase A … Read more

Quarter Million Dollars Already Raised in Bitcoin Cash 48 Hour Challenge

Bitcoin Cash (BCH) is on a roll lately, scoring new mainstream adoption platforms in countries like the United States. But it’s still a relatively small player within the ecosystem, relative to Bitcoin Core (BTC) for example. For these reasons and more, BCH enthusiasts are participating in a 48 hour matching donation challenge, hoping to assist … Read more

Rebel Bitcoiners in Ecuador Open First Crypto ATMs

The government of Ecuador launched an all-out war on cryptocurrency about four years ago, even going so far as to push its own state-backed version. With local lapdog media attempting to scare the country’s populace, something of a backlash has taken place. A rather brave group of bitcoiners have opened crypto automated teller machines (ATMs) … Read more

Wendy McElroy: Silence and Soul in the Crypto Cold War – the Evolution of Privacy

The Satoshi Revolution: A Revolution of Rising Expectations. Section 2: The Moral Imperative of Privacy Chapter 6: Privacy is a Prerequisite of Human Rights Silence and Soul in the Crypto Cold War: the Evolution of Privacy. Chapter 6, Section 3. “It was terribly dangerous to let your thoughts wander when you were in any public … Read more