Anonymity for Anonymity: The Tor Project Now Accepts Donations in Bitcoin

Anonymity for Anonymity: The Tor Project Now Accepts Donations in Bitcoin

The Tor Project, the organization behind the Tor Browser that anonymizes the users’ identity, has announced that it begins accepting donations in Bitcoin(BTC)trade. The nonprofit organization announced that it will be using Bitcoin’s Lightning Network for the donations. Lightning Network is a “layer 2” protocol, which can operate over any cryptocurrency such as Bitcoin. The protocol is used to speed up the payment process and help in scalability of the system. The announcement was made…

Read More

Crypto Mining Merger: Northern Bitcoin Combines Forces with Whinstone US

Crypto Mining Merger: Northern Bitcoin Combines Forces with Whinstone US

Big news from the crypto mining industry: the Germany-based Northern Bitcoin has agreed to a merger with Whinstone US, Inc. Whinstone US is already a leading player in creating crypto mining centers with a number of high-profile projects attributed to its name. After the merger, the two companies are poised to overtake many leading Bitcoin(BTC)trade mining enterprises in the world. The CEO of Northern Bitcoin AG, Mathis Schultz, said: “With this merger, we are catapulting…

Read More

Featured: The Connection Between Cryptocurrency and Money Laundering

Featured: The Connection Between Cryptocurrency and Money Laundering

In recent years, cryptocurrency has become one of the most important components of the global financial system, as it can be considered as a significant form of personal wealth. Many businesses that have emerged over the past decade are involved with cryptocurrency trading and development. Though the use cases of cryptocurrency for illegal purposes are much less compared to legitimate transactions, crypto crime cannot be ignored. As per recent academic analysis, in 2019 only $829…

Read More

New Research Argues Tether Is Not Behind the 2017 Manipulation of Bitcoin’s Price

New Research Argues Tether Is Not Behind the 2017 Manipulation of Bitcoin’s Price

A paper that was initially released in 2018, which was claiming that Tether (USDT) manipulation was the cause behind the 2017 Bitcoin(BTC)trade bull run, has recently been updated with new analysis reinforcing its argument. Now, a different research is refuting this thesis. According to Professor John Griffin from the University of Texas and co-author of the paper, the newer version is about to be published in the distinguished publication the Journal of Finance. Tether has…

Read More

Vigilante Hacker Phineas Fisher: $100K Reward in Crypto for Public Interest Hacks

Vigilante Hacker Phineas Fisher: $100K Reward in Crypto for Public Interest Hacks

‘Phineas Fisher,’ an anonymous hacktivist, has released a manifesto addressed to hackers in which he offers a reward of up to $100K in cryptocurrency to anyone who carries out politically motivated attacks. The bounty operation is called “Hacktivist Bug Hunting Program” and the idea is to incentivize hackers to perform cyber-attacks that could result in leakage of documents that are in the public interest. Phineas Fisher mentions in his document that he would be paying…

Read More

Suspected Swedish Crypto Scammer Handed Over to US Authorities from Thailand

Suspected Swedish Crypto Scammer Handed Over to US Authorities from Thailand

A Sweden citizen has been extradited to the United Stated from Thailand to trial for charges of securities fraud, money laundering and wire fraud that involved digital currencies such as Bitcoin(BTC)trade. Brian A. Benczkowski, assistant attorney general of Criminal Divisions of Justice Department in United States, David L. Anderson, attorney in California based in northern district and Kelly R. Jackson, Special Agent in the Criminal investigation sector of the IRS announced this in a press…

Read More

Celsius Network Reports Over $4 Billion in Cryptocurrency Loans

Celsius Network Reports Over $4 Billion in Cryptocurrency Loans

Celsius Network, a prominent global digital currency platform, has announced in a press release that it has reached a $4.2 billion mark for cryptocurrency loan organization, a $450 million figure for deposits and more than $5 million in interest income for the company’s depositors. The numbers disclosed were announced on November 12th, showing the company’s growth and one of the largest and fastest growth rate of a digital currency lending platform. This announcement is even…

Read More

Investigation Suggests Russian Involvement in Crypto Exchange Theft of $450M in Bitcoin

Investigation Suggests Russian Involvement in Crypto Exchange Theft of $450M in Bitcoin

A BBC investigation has revealed a potential link between Russia’s Federal Security Bureau (FSB) and the recent shutdown of the cryptocurrency exchange WEX. Alexei Bilyuchenko, who confessed to be the tech administrator of the infamous BTC-e crypto exchange and later co-founder of WEX, claimed that he had been engaged by the Russian intelligence to comply in an investigation that had been active since early 2018. What is shocking is that, according to Bilyuchenko, he was…

Read More

Iran Proposes Rewards to Informers Against Illicit Crypto Mining

Iran Proposes Rewards to Informers Against Illicit Crypto Mining

Iran has introduced a new policy, proposing that anyone who shares information about illegal and unauthorized mining of cryptocurrency in the country will receive a bounty. This was surfaced following the country’s new introduced regulations regarding the calculation of price of electricity that is utilized by crypto miners. Iran’s Energy Ministry’s spokesperson announced that anyone who will go on record and expose people who have wielded electricity for the mining of digital currencies will receive…

Read More

New Law in Ukraine Obliges Citizens to Report Cryptocurrency Holdings

New Law in Ukraine Obliges Citizens to Report Cryptocurrency Holdings

The Ukrainian government has passed a new law that ensures that the citizens of the country reveal the amount of cryptocurrency they hold. The new law is part of Ukraine’s efforts to tackle the issue of corruption. One part of the new law forces citizens to disclose if them or any of their close relatives hold cryptocurrency. The aim of this legislation is for the Ukrainian government to legalize digital currencies so they can implement…

Read More
1 2 3 48