Bitcoin News - AllStocks Network

Report: Terrorists Increasingly Use Crypto to Raise Funds Anonymously

Posted on January 22, 2020January 22, 2020 by Rehan Yousaf

As advancements in blockchain technology increase, there has been a wider debate regarding cryptocurrency and global safety. In an analysis report conducted by Chainanalysis, the findings indicate some concerning issues regarding the use of cryptocurrency. Ibn Taymiyya Media Center (ITMC), the media representative of a terrorist organization called Mujahideen Shura Council, became the first terrorist organization to establish a crowdfunding donation in 2016 using cryptocurrency. The organization guaranteed donors that the money it raised would…

Research Finds Active Bitcoin Address Linked with Terrorist Group Hamas

Posted on January 21, 2020January 21, 2020 by Julie Williams

The Interdisciplinary Center Herzliya’s International Institute for Counter-Terrorism (IDC-ICT) recently released a detailed report, highlighting the role of a Bitcoin address in financing the terrorist group Hamas. The terrorist group has a long-standing financial relationship with Iran. However, it seems the group is low on Iranian funds, and as such it is turning to crypto as its new source of funding. Via the Bitcoin address, the group is able to solicit help from supporters and…

Thailand’s Police Suspects Actor Involved in Kidnapping and $740K Bitcoin Ransom

Posted on January 19, 2020January 19, 2020 by Rehan Yousaf

A famous Thai actor (currently still unnamed), who was arrested for potentially kidnapping a businessman for a Bitcoin ransom, will be brought in for questioning by the authorities. After the 33-year-old businessman, Mark Cheng, was successfully able to escape from his abductors he immediately reported the event to local law enforcement agencies. According to the filed report, Cheng was asked to pay the approximately $740K ransom in Bitcoin to the kidnappers, among which was also…

Bitcoin Developer: Ethereum to Power 2020’s Most Interesting Crypto Project

Posted on January 5, 2020January 5, 2020 by Rehan Yousaf

Gavin Andersen, a software developer who gained prominence from having worked for the development of Bitcoin, recently stated that for the past two years, the most interesting things for him were built on Ethereum. In a tweet posted by the IT expert on January 1st, Andersen elaborates that he found CryptoKitties, a blockchain game that allows users to purchase and maintain virtual pets, as the most interesting project related to cryptocurrency in the year 2018….

Burger King Venezuela Partners with Dash to Enable Crypto Payment Options

Posted on January 5, 2020January 5, 2020 by Rehan Yousaf

Dash has yet again stroked a major partnership deal in Latin America. This time, it has partnered with Cryptobuyer to install crypto point of sale terminals at Burger King food stores. This new deal will allow the customers of Burger King to pay for their order using digital currency. The Panama-based Cryptobuyer will work to provide a payment solution in crypto that accepts digital currencies like Dash and Bitcoin. This method of instant payment is…

Bitcoin’s Winning Decade: 9 Million Percent Growth in 10 Years

Posted on January 5, 2020January 5, 2020 by Julie Williams

Undoubtedly, the journey has not been all rosy for the world’s most celebrated cryptocurrency, Bitcoin. In fact, Bitcoin’s journey through the last decade was lined with many highs and lows – literally. That said, statistics also showed that the virtual currency grew by 9 million percent in the just-concluded decade. Yes, you read right! An industry based on innovative financial technology ridden with both good and bad players will definitely have its moments. But if…

China Targets Bitcoin Miners in the Sichuan Province Due to Dry Season

Posted on January 1, 2020January 1, 2020 by Julie Williams

China is no fan of crypto. But no worries yet as the Chinese government isn’t kicking all the Bitcoin mining farms out of the country. Instead, it is calling for reduced activity in Bitcoin mining farms, especially those located in the Sichuan province. The province of Sichuan has a local government in China. Calling Bitcoin mining in the area to an abrupt stop shouldn’t be a big deal, right? Well, we are not so sure…

Former French IT Company’s Executive Accused of Stealing $1.2M in Bitcoin

Posted on December 31, 2019December 31, 2019 by Rehan Yousaf

The co-founder of an IT company in France has recently been accused of stealing Bitcoin worth 1.1 million euros. The company, which started in 2013, had a conflict between leadership executives that resulted in a decision to oust the company’s chief executive. Although the exec-turned-businessman continued to seek a new position outside of France, he allegedly started formulating plans to take revenge on the IT company and turned into a hacker. Investigators involved in the…

New on Rakuten Wallet: Conversion of Loyalty Points to Cryptocurrency

Posted on December 29, 2019December 29, 2019 by Rehan Yousaf

Rakuten Wallet, a cryptocurrency exchange of Rakuten Group, created a service in which the loyalty points that crypto users gain from Rakuten Group (called Rakuten Super Points) can be converted into crypto assets of the available cryptocurrencies on the platform. The announcement was made on December 24th regarding the new service on the official Rakuten Wallet app which allows the users to convert their Rakuten Super Points into crypto assets available on the Rakuten Wallet…

Craig Wright Shows ‘Evidence’ of Satoshi’s Pseudonym in Bizarre Interview

Posted on December 25, 2019December 25, 2019 by Julie Williams

The infamous self-proclaimed Bitcoin founder, Craig Wright, is at it again. The Australian computer scientist is resilient in his pursuit to prove he is the one and only Satoshi Nakamoto. That would be commendable if not that each attempt tends to prove his desperation instead. In a recent hard-to-believe-it’s-not-arranged interview, Wright once again fought so hard to convince himself and the general public that he is the long sought after creator of Bitcoin(BTC)trade Satoshi Nakamoto….

1 2 3 … 52 »