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A former software engineer at Microsoft received a nine-year prison sentence Monday for an elaborate multi-million dollar criminal scheme involving bitcoin and digital gift cards.Ukrainian citizen Volodymyr Kvashuk, 26, was sentenced in the U.S. District Court in Seattle for 18 federal felonies related to his scheme to defraud Microsoft of
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A former Microsoft engineer has been sentenced to nine years for stealing more than $10 million in digital value from his past employer in the form of “currency stored value" (CSV) including gift cards.Volodymyr Kvashuk, a 26-year-old Ukrainian citizen residing in Washington, used the accounts and identities of his fellow
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Despite Bitcoin's (BTC) steep rally in November, the price is consolidating above $15,000 as on-chain analyst, Willy Woo says a blow-off top is unlikely for three main reasons.The three factors are the growing outflow of funds from exchanges, increase in “HODLers,” and data showing that investors already took profit.Bitcoin is moving from exchanges
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Bitcoin’s mining difficulty just recorded its largest percentage decrease since the advent of ASIC mining machines in late 2012, dropping by just over 16% and giving miners a reason to celebrate as their profitability is set to increase significantly.Difficulty dropped to 16.787 trillion at around 9:00 UTC on Tuesday, its
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In twelve years, the 9-page technical paper has turned into a worldwide famous project with over $256 billion capitalization without fundraising, marketing budget, office, and employees. And the best you can do today is to reread the document and make sure that genius is simplicity. Bitcoin (BTC) enthusiasts are celebrating a
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At 40 Years Old, Is Kim Kardashian Finally Ready To Grow Up? CCN - Capital & Celeb News - Kim Kardashian just celebrated her 40th birthday. Is she finally ready to grow up and act like the adult she is? At 40 Years Old, Is Kim Kardashian Finally Ready To Grow
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On Thursday Filecoin (FIL) began trading across major exchanges over three years after its initial coin offering. Upon listing, the token traded at wildly different prices across multiple exchanges and while the premium shows there is still an appetite for altcoins, investors interpreting the rallies from FIL and Polkadot (DOT) as
Read MoreWithin a few years, a younger generation of financial services customers are going to be able to walk into a bank and gain access to credit products, savings accounts and investments that can host both crypto and fiat assets. In fact, the inroads that will allow for all of this
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Ethereum’s annual developer conference, ETHOnline, kicks off Friday afternoon. Instead of hopping from city to city like past Devcons, catch the latest Ethereum updates from your laptop at home.Friday’s segments are free online here. The conference continues every Friday including October 9, 16, 23 and 30. Each day focuses on
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After years of pressure from printing firms, Google has finally promised to pay an initial $1 billion to news publishers over the next three years.Google LLC (NASDAQ: GOOGL) has revealed plans to pay news publishers $1 billion over the next three years. Before now, new publishers such as News Corp
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