Student Faces Charges for Stealing $5 Million in Crypto via “SIM Jacking”

Motherboard has reportedly obtained court documents pertaining to the arrest of Joel Ortiz, a 20-year-old from Boston, who is accused of stealing $5 million USD in bitcoin and other cryptocurrencies. Mr. Ortiz and his currently unidentified accomplices stole crypto from roughly 40 victims through a hacking technique known as “SIM jacking.” Also Read: Archaeologists Argue Micronesian … Read more

Facebook’s Record-Setting Stock Market Wipeout Revives Crypto Comparisons

Security and volatility. They are the two aspects of cryptocurrencies that are attacked the most. While there are other challenges such as scalability, the energy consumption associated with mining, and privacy, cryptos’ volatility is often cited by skeptics as the reason they could never become a mainstream payment method. In 2017 alone, Bitcoin’s value rose … Read more

75% of Millennials are More Likely to Date Someone Who is Into Bitcoin

A recently conducted study has reportedly found that 75% of millennials would be more likely to date someone who possesses knowledge about cryptocurrencies. The survey comes amid apparently increasing fascination with millenials’ views regarding cryptocurrencies. Also Read: Kim Kardashian Receives Her First Bitcoin Surveys Probe Millennials’ Views on Crypto An increasing number of companies have published … Read more

Archaeologists Argue Micronesian Stone Money Comprises Bitcoin Predecessor

Archaeologists are arguing that a pre-modern stone money used by Micronesian islanders resembles a precursor to bitcoin and distributed ledger technology. Also Read: Largest Cannabis Community Market in Israel to Accept Bitcoin Payments Archaeologists Highlight Similarities Between Micronesian Stone Money and Bitcoin Scott Fitzpatrick, an archaeologist at the University of Oregon in Eugene, has argued that … Read more

Airbnb, Uber Investor Believes “Everybody Should Put Something Into Crypto”

Jeffrey Wernick, an independent investor who claims to have begun purchasing bitcoin as early as 2009, recently advocated that “everybody should put something into crypto.” The investor also criticized the current financial system, describing cryptocurrency investment as sole viable means through which “a typical middle-class person [can] accumulate wealth.” Also Read: Major Bitcoin ETF Rejected by … Read more

Top 3 Companies Using Blockchain in the Solar Energy Space

Blockchain technology is here to stay, and it’s going to make the world a better place. At least, that’s the general consensus in the crypto community and slowly (but surely) the wider public as well. We might not know exactly how or when, but blockchain tech is on course to change all our lives. With … Read more

Google Bans Cryptocurrency Mining Apps From Play Store

In the Google’s latest move against virtual currencies, cryptocurrency mining apps have been banned from the Google Play Store. Despite the ban, Google has indicated that it will continue to permit mining apps that mine for cryptocurrency from outside of a device, such as cloud-based mining. Also Read: Exchanges Round-Up: CME Volume Doubles Q2, Lawyer Predicts … Read more

You Can Become a Citizen of Antigua and Barbuda for Less Than 13 BTC

The parliament of Antigua and Barbuda has amended the country’s Citizenship by Investment Programme Act to accept payments in the form of bitcoin and other cryptocurrencies. With Antigua and Barbuda’s citizenship by way of investment into its National Development Fund having been reduced to a cost of $100,000 USD last year, the price of citizenship … Read more

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