Author Archives: David

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

The 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 finds himself the target of an $81 million suit that seeks to invoke the RICO Act and land the fresh-faced defendant with a racketeering charge into the bargain. Also read: Report: Bitcoin Use […]

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Blockstream Explorer, Autopilot & Signature Hashes ~ Bitcoin Op Tech #25

The Bitcoin Operations Technology Group (Optech) works to bring the best open source technologies and techniques to Bitcoin-using businesses in order to lower costs and improve customer experiences. https://bitcoinops.org/ This week’s newsletter suggests helping test a Bitcoin Core maintenance release candidate, provides a link to a modern block explorer whose code has been open sourced, and briefly describes a suggestion for signature hashes to optionally cover transaction size. Notable code changes made in the past week to popular infrastructure projects are also described. https://bitcoinops.org/en/newsletters/2018/12/11/ Donate Bitcoin to […]

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Cumulative Volume on Huobi Derivative Market Exceeds $20 Billion

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 has announced that the cumulative trade volume on the platform has exceeded $20 billion as of Jan. 12, 2019. As such, cumulative trade on the platform doubled in just 15 days. Huobi’s derivative […]

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Brian Kelly Predicts Bitcoin has “No Shot” at ETF in 2019

Bitcoin (BTC), Cryptocurrency, Exchange-Traded Fund (ETF)–It appears not all crypto analysts are bullish on Bitcoin’s chances of obtaining ETF approval in the new calendar year. While investors, both bearish and bullish alike, hung on the decision by the United States Securities & Exchange Commission (SEC) to delay a Bitcoin-based ETF ruling into 2019, the prospect of having the fund become a reality is slowly dwindling–at least in the near term. More recently, cryptocurrency entrepreneur and regular contributing analyst for CNBC Brian Kelly made the claim that Bitcoin […]

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If Bitcoin (BTC) Breaks 3700 USD, It Could Boost the Crypto Markets, CryptoSync Analyst Says

It seems that the prediction season has begun, with bullish and bearish opinions much more conservative than the ones from the last year. While it is difficult to provide a certain level of strength in the predictions of a market as volatile and young as the cryptomarket, this does not seem to stop analysts and fans from exposing their views to the world. Over the last few days, Bitcoin has had relatively stable behavior, fluctuating in the 3600 and 3750 range. This price range has been sustained after […]

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Ripple Will Make Payments as Easy as Sending Emails, Ross D’Arcy Says

Ripple has made very clear its ambition to revolutionize the world of finance through blockchain technologies even though centralized and more traditional methods dominate it. Sending Money Should Be as Easy as Sending an Email According to an article published by The Daily Hodl, Ripple sales director Ross D’Arcy commented that its solutions are designed to make banking transactions as easy and fast as sending an e-mail or any sharing information on the internet: “3 clicks, 30 seconds, receive a confirmation that the end beneficiary has been […]

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TenX Goes Bullish After Hosp’s Departure. Cards Are Now Available

TenX had a tough New Year’s start. The fall in the prices of its PAY token, a series of scandals and failures in the promises they made to investors strongly deteriorated the reputation of the project. The impossibility of delivering a credit card compatible with cryptocurrencies triggered a strong wave of negative comments on social media and news sites. After the loss of WaveCrest’s issuing license, the situation deteriorated and the first negative comments were sparked by certain users who described the project as a scam. Julian […]

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Markets Update: Cryptocurrencies Follow Bullish Piercing Pattern as Buyers Advance

Digital 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 Top Markets Gain More Than 5% in Minutes For at least a week, most cryptocurrencies have been consolidating in value and shown very little signs of volatility. On Friday, Jan. 18, prices […]

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

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 before the rescheduled hard fork. Also read: Shapeshift Shares Compliance Requests, Grin Woos Bitcoin Maximalists Sapphire to Offer Video Card Designed to Mine Grin Hardware manufacturer Sapphire Technology has developed an exclusive […]

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

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 week of Dec. 29, 2018, approximately 4,565 BTC worth of trade occurred between bitcoin core and the Russian ruble (RUB) on Localbitcoins. This comprises the strongest seven days of trade activity since […]

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