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Plaintiff in AT&T SIM-Swapping Case Sues ‘Bitcoin Bandit’ for $81M

Sat, 19 Jan 2019 20:00:35 +0000

Plaintiff in AT&T SIM-Swapping Case Sues ‘Bitcoin Bandit’ for $81MThe plaintiff in a $224M lawsuit against wireless carrier AT&T has turned his attention to a new target. Michael Terpin’s legal team have filed a second suit, this time against 21-year-old Nicholas Truglia, dubbed the “bitcoin bandit” by the New York press. The Manhattan resident, who was arrested on unrelated SIM-swapping charges in November, now […]

The post Plaintiff in AT&T SIM-Swapping Case Sues ‘Bitcoin Bandit’ for $81M appeared first on Bitcoin News.

 

Cumulative Volume on Huobi Derivative Market Exceeds $20 Billion

Sat, 19 Jan 2019 18:03:09 +0000

Huobi has announced that its cryptocurrency derivative platform, Huobi DM, has surpassed $20 billion in cumulative trading volume. The announcement comes just one month after the platform exited beta mode. Also Read: Eastern European P2P Markets See Strongest BTC Volume in Over 12 Months  Huobi DM Cumulative Trade Volume Doubles in 2 Weeks Huobi Derivative Market […]

The post Cumulative Volume on Huobi Derivative Market Exceeds $20 Billion appeared first on Bitcoin News.

 

Markets Update: Cryptocurrencies Follow Bullish Piercing Pattern as Buyers Advance

Sat, 19 Jan 2019 16:00:25 +0000

Markets Update: Cryptocurrency Prices Follow a Bullish Piercing Pattern as Buyers AdvanceDigital currency markets have seen some gains during the early morning trading sessions on Saturday. Since our last markets update, the entire cryptocurrency economy has gained $4 billion and a slew of the top digital assets are up between 2-6% over the last 24 hours. Also read: Openbazaar’s New Social Media Platform Aims to Foster Privacy […]

The post Markets Update: Cryptocurrencies Follow Bullish Piercing Pattern as Buyers Advance appeared first on Bitcoin News.

 

The Daily: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue

Sat, 19 Jan 2019 13:05:48 +0000

In The Daily this Saturday, Sapphire has designed a new graphics card suitable for mining the recently launched Mimblewimble cryptocurrency Grin. In other news related to the minting of digital coins, Taiwan Semiconductor Manufacturing Company has reported a significant decrease in its revenues from the mining segment, and some Ethereum miners have switched to Constantinople […]

The post The Daily: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue appeared first on Bitcoin News.

 

Eastern European P2P Markets See Strongest BTC Volume in Over 12 Months

Sat, 19 Jan 2019 11:10:12 +0000

Eastern European peer-to-peer (P2P) markets have seen a spike in trading activity, with the Russian, Ukrainian, Romanian, and Kazakh Localbitcoins markets posting the strongest volume in over 12 months when measured in cryptocurrency. Also Read: Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018 Russian P2P Markets Post Strongest Trade in 19 Months During the […]

The post Eastern European P2P Markets See Strongest BTC Volume in Over 12 Months appeared first on Bitcoin News.

 

Chatter Report: Luke Says Segwit Harmful to BTC, Baker Explains Stablecoin Regulation

Sat, 19 Jan 2019 07:05:46 +0000

Luke Says Segwit Harmful to BTC, Baker Comments on Stablecoin RegulationIn today’s roundup of crypto chatter, Luke Dash Jr. voices concerns that segwit is bad for BTC because it leads to centralization. Also, Brad Mills shares his insight after using Cointext. Lastly, Lawson Baker, Blake Moore and Andreas Brekken discuss how regulation affects stablecoins. Also read: Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in […]

The post Chatter Report: Luke Says Segwit Harmful to BTC, Baker Explains Stablecoin Regulation appeared first on Bitcoin News.

 

Report: Bitcoin Use on Darknet Markets Doubled in 2018

Sat, 19 Jan 2019 01:10:19 +0000

Report: Bitcoin Use on Darknet Marketplaces Doubled Throughout 2018Bitcoin use on darknet markets (DNMs) doubled in 2018, a study has shown, rising to an average of $2 million per day. Bitcoin has long been used to buy goods on the darknet due to its relative anonymity, and looks set to remain a favorite on DNMs, despite the existence of more privacy-focused cryptocurrencies. Also […]

The post Report: Bitcoin Use on Darknet Markets Doubled in 2018 appeared first on Bitcoin News.

 

Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018

Fri, 18 Jan 2019 21:01:22 +0000

Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 20182018 was a crazy year for cryptocurrency enthusiasts as markets dropped significantly in value, but there were still plenty of sensational headlines to capture attention in a period when digital currency news coverage changed drastically. According to statistics from Cryptocompare and alternative research from other sources, media crypto narratives have evolved rapidly. Also read: Openbazaar’s New […]

The post Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018 appeared first on Bitcoin News.

 

Crypto Cards Are Legal in Russia, According to the Finance Ministry

Fri, 18 Jan 2019 19:01:09 +0000

Crypto Cards Are Legal in Russia, According to the Finance MinistryUsing cryptocurrency debit cards to pay for goods and services does not contradict Russian law, Deputy Finance Minister Alexei Moiseev was quoted as saying by local media. He believes these transactions are legal as the seller receives the money in Russian rubles.   Also read: No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says Buying […]

The post Crypto Cards Are Legal in Russia, According to the Finance Ministry appeared first on Bitcoin News.

 

Demystifying Bitcoin Futures Trading

Fri, 18 Jan 2019 16:58:01 +0000

Bitcoin is still a young and inefficient market, as evidenced by its many peculiarities. For example, contracts for bitcoin futures on the Chicago Board Options Exchange (CBOE) have been trading in backwardation, which means contracts with a later expiration are trading consecutively lower. This is not a bearish indicator for prices, however, analysts explain. Also […]

The post Demystifying Bitcoin Futures Trading appeared first on Bitcoin News.

 
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