Bitcoin History Part 15: Silk Road Is Born
Silk Road launched in February 2011 as the darknet’s first bitcoin-based marketplace. Within four months, it would be the darknet’s most notorious site whose reputation extended all the way to
Read More
Allegation: Plus Token Crypto Ponzi Scam Stole $3.2 Billion in Bitcoin & Ethereum
A little-known Chinese cryptocurrency Ponzi scheme might be cashing out billions of dollars, which was looted through a scam called “Plus Token” from people from China, Japan and South Korea.Another crypto scam has recently come into the limelight when the venture capitalist Dovey Wan tweeted about Plus Token, a failed
Read More
Bitcoin Fights to Hold at $10,150 as US Stock Market Sees Minor Uptrend
Sunday, Aug. 18. — Most of the top 20 cryptocurrencies are suffering moderate losses on the day, as Bitcoin (BTC) struggles to stay over the $10,150 mark again.Market visualization courtesy of Coin360Bitcoin price is currently down by 1.79% on the day, trading at around $10,166 at press time, according
Read More
US Court Finds Craig Wright Untrustworthy; Kleiman’s Case to Continue
Self-proclaimed Bitcoin inventor, Craig Wright, just hit the rock with his recent case with David Kleiman’s estate. The ongoing drama between Wright and his late business partner, David Kleiman, seems to have taken another turn after the presiding judge found Wright’s testimonies wanting.The case, which was filed about a year
Read More
Bitcoin (BTC) Price Weekly Forecast: Decline Far From Over
There was a strong drop in bitcoin price below the $10,500 support against the US Dollar.The price is currently correcting losses, but it remains below key hurdles near $10,500.There is a bearish continuation pattern forming with support near $10,080 on the 4-hours chart of the BTC/USD pair (data feed from
Read More
Ethereum Price Weekly Forecast: ETH Could Climb Above $200
ETH price declined heavily below the key $200 and $190 support levels against the US Dollar.The price is currently consolidating losses after trading as low as $174.There is a crucial bearish trend line forming with resistance near $195 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair could
Read More
Japan to Solarize Its Burgeoning Digital Economy, Expert Take
Society is now witnessing the implementation of digital currencies, artificial intelligence (AI) and blockchain technology worldwide. These new digital technologies necessitate very high consumption of electric energy, which is currently produced with coal and fossil fuels that have adverse environmental effects. A global shift toward green energy will require
Read More
NEO Is in Talks to Integrate Celer Network to Improve Scalability
Blockchain project NEO is considering integrating Celer Network’s (CELR) layer-two scaling protocol to improve scalability.Faster transactions, more possibilitiesAs industry-focused news outlet Crypto Briefing reported on Aug. 17, John Wang, NEO’s director of Eco Growth, said that integration with Celer is under discussion. Celer’s platform is a solution that enables
Read More
Binance CEO Gets Dragged by Bitcoin Fans for ‘Dumbest Crypto Tweet’
Binance CEO Changpeng Zhao got dragged on Twitter and was nominated for the "Dumbest Crypto Tweet Award" for shilling Binance Coin.| Source: ReutersBy CCN Markets: Binance CEO Changpeng Zhao got dragged on Twitter and was nominated for the Dumbest Crypto Tweet Award after he shared a story touting the
Read More
New Zealand Rules for Crypto Salary — Have Hopes Been Answered?
The national tax authority of New Zealand, the Inland Revenue Department (IRD), has recently published binding rulings and guidance for salaries and bonuses paid in crypto, made under s 91D of the country's Tax Administration Act of 1994. This ruling applies only to salary and wage earners and not to
Read More