Day: February 11, 2020

Plustoken’s stash of bitcoin is on the move again. The haul of ill-gotten gains, amassed during a long-running Ponzi scheme that accrued 187,000 BTC, has been sporadically liquidated, impacting the market price of bitcoin in the process. At 2:46 a.m. today, a known Plustoken address moved 12,000 BTC worth $118M, suggesting that another market dump could be on the cards. Also read: $100M of Ethereum Tied to Plustoken Scam Sparks Wild Theories Plustoken Scammers Move 11,999.96928806 BTC The bitcoin blockchain’s publicly auditable design is one of its greatest strengths and…

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On February 11, the Atlanta-based payment processor Bitpay announced the firm’s recent partnership with the company Poynt. Now retailers will be able to support cryptocurrency payments using point-of-sale devices and crypto users will be able to pay with digital currencies at more than 100,000 Poynt retailers worldwide. Also Read: Ethereum vs Tron: Comparing Data, Defi and Stablecoins from Both Chains After Viral Tweet Crypto Payments Available at 100,000 Poynt Retailers Bitpay has revealed the company is collaborating with the open commerce platform Poynt in order to bolster crypto payments worldwide.…

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2019 was an interesting year for darknet markets (DNMs) and a number of marketplaces closed for a variety of reasons. Despite the closures, crypto payments on DNMs doubled for the first time in five years. Moreover, statistics from the blockchain analytics provider 1000x Group show digital currencies like bitcoin cash (BCH) have joined BTC’s dominant role within the deep web. Also Read: BCH Merchant Directories Now List 4,300 Bitcoin Cash-Accepting Businesses 1000x Group Data Shows An Uptick of Bitcoin Cash Used for Darknet Sales There’s been a number of reports…

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European crypto exchanges, as well as other companies with significant crypto holdings they need to protect, now have another option for cold storing their digital fortune. Bitgo is expanding out of the U.S. and into Europe with two new companies in Switzerland and Germany. Also Read: German Fintechs Rush to Offer Crypto Custody Services Under New Law Bitgo Expands to Switzerland and Germany Bitgo, which provides institutional clients with security and financial services for digital assets, has announced that the company is expanding its international presence with two custodial entities…

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Gocrypto enables businesses with physical or online stores to accept instant crypto payments from different digital wallets with millions of users. To help introduce the SLP token to even more users, Bitcoin.com Exchange is hosting a trading competition where you can win rewards worth $25,000 in GOC. Also Read: Gocrypto SLP Token Starts Trading on Bitcoin.com Exchange GOC Trading Competition Bitcoin.com Exchange is launching a new trading competition to celebrate its partnership with Gocrypto. In total, users can win $25,000 worth of GOC in prizes in this event. The trading…

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Last week’s news.Bitcoin.com post warning about common bitcoin scams like “The Bitcoin Code” elicited a plethora of comments and suggestions from readers, asking about and reporting other platforms and services claiming to provide bitcoin investment opportunities. This article examines some of these, and most importantly seeks to provide readers with basic tips for recognizing the general MO of these scam sites before their wallet is SOL. Also Read: Don’t Invest in Bitcoin Code, Bitcoin Doubler or Bitcoin Trader – They Are All Scams How to Spot a Scam When the…

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The Bitcoin SV network and the infamous Craig Wright have been publicly scrutinized by two well known individuals. Wikipedia’s Jimmy Wales criticized BSV technology and said he doesn’t think recorded data from Wikipedia would be beneficial stored on a blockchain like BSV. Moreover, former Star Trek actor William Shatner tweeted about Craig Wright’s claim of being the creator of Bitcoin and told the public Wright’s bonded courier story is a scene right out of the film “Back to the Future.” Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett Got…

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The White House released the Budget of the U.S. Government on Monday, outlining some proposals to increase cryptocurrency oversight which President Donald Trump views as priorities. The budget proposes giving the Treasury more power over crypto and requests funding for FinCEN to expand its efforts to combat threats including from cryptocurrency. Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett Got His First Bitcoin Increased Crypto Oversight Trump’s new budget has a few proposals concerning cryptocurrency. The 138-page Budget of the U.S. Government for the Fiscal Year 2021 is his…

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