Bitcoin Archives - Page 16 of 18

New York Woman Sentenced To 13 Years In Prison After Pleading Guilty To Funding ISIS

March 18, 2020

A New York woman has been sentenced to 13 years in prison after pleading guilty to providing the Islamic State of Iraq and al-Sham (ISIS) with funding via bitcoin. According to a report by the U.S. Departmen...

Bitcoin Plunges Below $5000 As The Fed’s Panic Over COVID-19 Spooks Traders

March 16, 2020

On Sunday (Mar 15), the Federal Reserve (aka "the Fed"), the central bank of the United States, announced that it had lowered the target range for the Federal Funds Rate (FFR) -- by 100 basis points -- to 0 t...

1,000 BTC Mined In 2010 Moved For The First Time Amidst Sell-Off

March 15, 2020

Bitcoin that was mined in 2010 has been moved from its wallet for the first time amidst the ongoing sell-off. According to a post, discerning Redditors discovered that 1,000 BTC mined in 2010 had been moved ...

Hackers Are Using Fake Coronavirus Tracking Application To Ransom Crypto

March 14, 2020

Hackers are taking advantage of the coronavirus panic by using fake Android tracking applications to ransom users in crypto. According to a report by The Next Web, hackers are spreading fake coronavirus trac...

Mexican YouTuber Gets 50 Years Sentence For Bitcoin Extortion

March 9, 2020

A YouTuber associated with an alleged band of Bitcoin extortioners was captured in the wake of leaving a blockchain trail for authorities to follow. As indicated by a report by Milenio, the 25-year-old YouTu...

Robert Herjavec, ABC’s Popular Shark Tank Series Investor Says That The Future Lies With Bitcoin

February 28, 2020

Herjavec, Founder and CEO of Herjavec Group, said in an interview with Kitco News that bitcoin will be the future of electronic payments, saying, "I’m a big believer in bitcoin, electronic payments in the fut...

Lebanese Citizens Turning To Bitcoin While Facing Severe Financial Crisis

February 26, 2020

Lebanese citizens are increasingly turning to bitcoin in order to move funds in and out of the country. According to a report by Middle East Monitor, the Lebanese are using bitcoin and other crypto assets to...

Warren Buffett Donated The Almost $40,000 Worth Of Cryptocurrency Justin Sun Gave Him

February 26, 2020

FortuneZ reported that Warren Buffett doubled down on his anti-bitcoin approach, calling the cryptocurrency “worthless” and bashing it by saying its economic impact was to reduce demand for suitcases. His ...

JPMorgan Chase’s Softens Up Towards Cryptocurrency

February 25, 2020

JPMorgan Chase & Co. (aka "JP Morgan") is the largest bank in the U.S., the sixth largest bank in the world by total assets of around US$2.687 trillion, and the world's most valuable bank by market capita...

Warren Buffett Bashes Bitcoin As Worthless, Even After Dinner With Justin Sun

February 25, 2020

The CEO of Berkshire Hathaway Warren Buffett has once again bashed bitcoin, calling the cryptocurrency “worthless,” even after having dinner with TRON founder Justin Sun. During an interview with CNBC, the...