Married Singaporean Man Confessed to Hiring a Bitcoin Hitman to Kill his Ex’s Boyfriend

Married Singaporean Man Confessed to Hiring a Bitcoin Hitman to Kill his Ex’s Boyfriend

In Singapore, a married man hired a professional killer on the dark web to kill his former girlfriend’s new lover in a planned car accident. As reported by Yahoo News Singapore, the 47-year-old Allen Vincent Hui Kim Seng hired a hitman on the dark web and paid him with Bitcoin. The deal took place on a website known as “Camorra Hitmen.” However, the hitman couldn’t finish the illicit job as a journalist from the American…

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Opera Browser for Android Now Fully Embraces Bitcoin and TRON Blockchains

Opera Browser for Android Now Fully Embraces Bitcoin and TRON Blockchains

Cryptocurrency enthusiasts, users and fans alike have long awaited the news shared by Opera about its latest Android browser upgrade. Opera has made it known to the public that it has recently upgraded the beta version of its Opera browser for Android just to give its users what they want. The major thing to note is that the beta version now allows users to transfer and receive both TRON and Bitcoin (BTC) cryptocurrencies. For TRON,…

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Bitcoin Price Technical Analysis (July 17): The Panic Before the Rise?

Bitcoin Price Technical Analysis (July 17): The Panic Before the Rise?

Bitcoin (BTC) is currently is trading at around $9,500. After a formation of a double top and bearish engulfing pattern, we see a steep downfall. The price has the broken the support level of $10,800, turning it into resistance and support is at $8820. It is suggested not to take any long position at this price and to wait for the price to settle around $8,820. Dow Theory According to Dow Theory, the price is…

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US Treasury Secretary Fears Facebook Libra Could Be Misused by Terrorists

US Treasury Secretary Fears Facebook Libra Could Be Misused by Terrorists

In a press conference on Monday, US Treasury Secretary Steven Mnuchin expressed his concerns regarding the role that Facebook’s Libra could potentially play in financing terrorism and facilitating money launderers. He even termed it a “national security issue.” Mnuchin said: “Cryptocurrencies such as bitcoin have been exploited to support billions of dollars of illicit activity like cyber crime, tax evasion, extortion, ransomware, illicit drugs and human trafficking.” He was of the view that the folks…

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The Republic of Georgia to Exempt Crypto Holdings from Value-Added Tax

The Republic of Georgia to Exempt Crypto Holdings from Value-Added Tax

Recently, Georgia has joined the short list of the nations that don’t ask crypto holders to pay value-added tax (VAT), which essentially earns Bitcoin-like digital currencies the status of real foreign currency. Apart from Georgia, the governments of several other countries, such as Singapore, have also begun the process of approving proposals that set to exempt cryptocurrencies from VAT. However, comprehensive tax policy and regulations are still not implemented by any government of any nation…

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Fundstrat’s Tom Lee: Bitcoin Could Reach $40K by Q4 Thanks to President Trump

Fundstrat’s Tom Lee: Bitcoin Could Reach $40K by Q4 Thanks to President Trump

U.S. President Donald Trump took to Twitter to lash out at digital assets and cryptocurrencies like Bitcoin and Libra last Thursday. He expressed his disinterest in said virtual currencies and asserted that they could “facilitate unlawful behavior, including drug trade and other illegal activity.” However, some in the crypto community believe that this attention could boost Bitcoin’s price to new highs. Tom Lee, Managing Partner and the Head of Research at Fundstrat Global Advisors, passed…

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Drug Trafficking Group in Spain Used Crypto ATMs for Money Laundering

Drug Trafficking Group in Spain Used Crypto ATMs for Money Laundering

With cryptocurrency came a lot of innovative developments. One of such innovations is the creation of ATM-like machines specifically for dispensing virtual currencies. These machines function like the conventional automated teller machines (ATMs). You can put in a specific amount to get the equivalent worth in crypto coins or convert the cryptocurrencies in your wallet to fiat currency and withdraw the hard cold cash. This development was highly welcomed in the crypto community, only that…

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Japanese Crypto Exchange Bitpoint Loses $32 Million in a Hack and Ceases Operations

Japanese Crypto Exchange Bitpoint Loses $32 Million in a Hack and Ceases Operations

When it comes to cyber-attacks on cryptocurrency service providers such as crypto exchanges, trading platforms, wallet service providers, etc. Japan has been quite prolific. Recently, another Japanese crypto exchange, Bitpoint, stopped its trading services due to a major cryptocurrency hack resulting in a loss of about 3.5 billion Japanese Yen ($32 million) worth of cryptocurrency, which includes popular cryptocurrencies such as Bitcoin (BTC), Bitcoin Cash (BCH), Ripple (XRP), etc. On July 11th, Bloomberg reported that…

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President Donald Trump Spouts Crypto-Bashing Tweets; The Crypto Community Responds

President Donald Trump Spouts Crypto-Bashing Tweets; The Crypto Community Responds

The most powerful man in America (and possibly in the world), President Donald Trump, aggravated the crypto community on July 12 when he took to his Twitter account to rain down fire and brimstone on Bitcoin, the soon-to-be-launched Facebook Libra, and other cryptocurrencies. In his multiple crypto-bashing tweets, Trump stated without mincing words that he is not a fan of cryptocurrency. Punching even harder, Trump added that cryptocurrencies “are not money” and that their value…

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At Long Last Bitcoin Gets A- Score from Weiss Crypto Rating

At Long Last Bitcoin Gets A- Score from Weiss Crypto Rating

Cryptocurrency investors, enthusiasts and fans alike now have a very good reason to be highly optimistic about the future of Bitcoin (BTC) based on a new rank given to the the largest cryptocurrency by Weiss Crypto Ratings. For those who are unaware, Weiss Crypto Rating is a provider of investment data and it is based in the United States. Since this investment data firm came into existence, this is the first time it will be…

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