Monday, July 25, 2022

How crypto giant Binance became a hub for hackers, fraudsters and drug traffickers

 ETtechIn September 2020, a North Korean hacking group known as Lazarus broke into a small Slovakian crypto exchange and stole virtual currency worth some $5.4 million. It was one of a string of cyber heists by Lazarus that Washington said were aimed at funding North Korea's nuclear weapons programme.Several hours later, the hackers opened at least two dozen anonymous...

Friday, May 13, 2022

Bitcoin falls below $30,000, lowest since July 2021

Bitcoin slumped below $30,000 for the first time since July 2021 on Tuesday as cryptocurrencies track sinking markets with investors spooked by aggressive US monetary tightening and surging inflation.The world's largest cryptocurrency by market value fell as low as $29,764 in Tuesday trade, before recovering above $30,000, extending a recent collapse in price as investors...

Saturday, May 7, 2022

Crypto exchange Binance blocks Russian users targeted by sanctions

The United States, Britain, Europe and Canada announced new sanctions on Russia on Saturday, including blocking certain lenders' access to the SWIFT international payment system, following Russia's invasion of Ukraine.Crypto exchange Binance is blocking the accounts of any Russian clients targeted by sanctions, it told Reuters on Monday, but will not freeze the accounts of...

Thursday, May 5, 2022

Warren Buffett won't pay even $25 for all Bitcoin in the world

SAN FRANCISCO: As Bitcoin hovers in the range of $38,000 - $40,000 per digital coiin, billionaire Warren Buffett said that he will not even pay $25 for all the Bitcoin in the world.Addressing Berkshire Hathaway's annual shareholder meeting, the ace investor said Bitcoin is not a productive asset and doesn't produce anything tangible, reported CNBC."If you told me you...

Tuesday, March 1, 2022

"Bitcoin is the greatest scam in history"

 The Vox released an article saying "Bitcoin is the greatest scam in history". Years later it tells you to pay attention to it as an investment. Another example of how wrong media is with predictions. Stick to your plan.DISCUSSIONOn April 24 , 2018 Vox released an article saying Bitcoin is the greatest scam in history.The article mostly talks about how Bitcoin is...

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What Next For Bitcoin?

  Elon Musk suspends payments using the cryptocurrency. Photo by  Beat Jau  on  Unsplash I woke up this morning to the news that Elon Musk h...