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Ex Employee Stole $10M in Virtual Assets from Microsoft; Used Bitcoin to Hide the Theft

News from the U.S. Attorney’s Office for the Western District of Washington revealed in a press release on July 16 that a former employee of Microsoft is currently awaiting trial after being accused of mail fraud for scheme to steal virtual assets like gift cards worth over $10 million.The accused,

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Bitcoin Flexes Its Muscle, Reclaims $11,000 in Abbreviated Weekend Rally

Seemingly out of nowhere, the bitcoin price rocketed past the psychologically important $11,000 level this weekend. No doubt traders are getting whiplash from the dramatic swings, as the range-bound BTC then pulled back to just over $10,900.The bitcoin price is off its best levels of the day. | Source: TradingViewNot

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Bitcoin (BTC) Sees Watershed Moment in China, And It’s Bullish

Bitcoin is “Property” Under Chinese LawBoom, Bitcoin (BTC) has just seen a watershed moment in China. Despite the fact that the nation’s regulators turned on cryptocurrency, enforcing heavy regulations about digital asset trading, events, and certain forums/social media accounts, a court in China purportedly confirmed that BTC is legally protected

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