Search Results for: bitcoin

Irish High Court seizes $56 million in bitcoin

Irish Court Seizes $56 Million in Bitcoin From Alleged Drug Dealer

An alleged drug dealer lost $52 million euro (over $56 million) in Bitcoin after the Irish High Court ruled that they were criminal proceeds and should be confiscated. Local news outlet independent.ie reported on Feb 19 that the court accepted that Clifton Collins was involved in drug trafficking. Collins didn’t content the Criminal Assets Bureau’s […]

bitcoin scammers target users using Google AdSense

New Email Extortion Scam Targets Google AdSense, Demands Bitcoin

A new extortion scam targeting website owners serving banner ads through the Google AdSense program has begun circulating the internet. The malicious scheme demands Bitcoin in exchange for preventing an attack, which would purportedly lead to the users’ AdSense account suspension. The email-based extortion scheme was first reported by security news and investigation block KrebsOnSecurity […]

crypto scam and ponzi scheme

Over $117M Bitcoin in Crypto Scam PlusToken Moves to New Addresses

Over 12,000 bitcoins (currently worth over $117M) associated with the alleged crypto scam PlusToken, have just moved to two new blockchain addresses. The two addresses are 1st address, 2nd address. The revelation was made public by the VP of research at Chinese blockchain security firm PeckShield, Chiachih Wu, through a tweet. As you can see, […]

bitcoin-ethereum bridge

RSK Improves Blockchain Interoperability with Bitcoin-Ethereum Bridge

Smart Contract platform that handled RSK has publicized the beginning of a Bitcoin-Ethereum Bridge. The new technology allows users to transfer Bitcoin into dApps developed on the RSK platform. Something similar could be done via the Ethereum blockchain. This invention reflects an improvement in interoperability between blockchain. Again, it’s pivotal for ensuring the improvement and […]

tezos outperforms bitcoin price

Tezos (XTZ) Outperforms Bitcoin Price with 80% Monthly Gain

Since the start of the year, Bitcoin has gained approximately 41% and on Feb. 5 the crypto asset thrilled investors as the price broke through the $9,500 resistance. It rallied to set a new yearly high at $9,745. In light of Bitcoin’s strong trend reversal from its 2019 bottom at $6,400, there is growing a […]

PBOC injects entire bitcoin market cap into its system

Central Bank of China Injects Entire Bitcoin Market Cap Into Its Economy

There is no denying that the economies of the world are slowing down. However, central banks are flooding their markets with more money to prevent a complete collapse. Due to this, China has just injected the entire bitcoin market cap into its system. Banking Bailouts The People’s Bank of China is planning to pump 1.2 […]

Bitcoins auction on 18 Feb

U.S. Government to Auction $37M in Confiscated Bitcoin on Feb 18

The U.S. law enforcement officials plan to auction more than 4,000 bitcoins (approximately $37M) on Feb 18, 2020. According to the news, the federal law enforcement agency, United States Marshals Service (USMS) will do the auction for confiscated bitcoins. The official announcement states, the authority is planning to sell approx 4,040 bitcoins. However, that participant […]

zermatt now allows users to pay taxes using bitcoin

Swiss Zermatt Municipality Accepts Bitcoin for Tax Payments

Bitcoin for tax payments is getting widely popular. Recently, the Swiss Municipality of Zermatt and Bitcoin Suisse partners. The joint venture aims to allow residents of Zermatt to pay their taxes with Bitcoin. This makes Zermatt the third municipality in Switzerland to accept crypto for tax payments. In addition, municipalities of Zug and Chiasso also […]

UK High Court freezes $1million bitcoin in ransomware case

UK High Court Freezes $1M of Bitcoin in Ransomware Case

A UK High Court ordered a proprietary injunction on Bitcoin obtained through a ransomware attack on a Canadian Insurance Company. The proprietary injunction is an order which prevents a person from dealing with their own assets when it is subject to a proprietary claim. The UK High Court releases documents concerning a ransomware attack on […]

central bank of china

“Digital Yuan Will be Different from Bitcoin” Says Central Bank of China

Central Bank of China deputy director Mr. Mu Changchun announces in his recent media interaction that Digital Yuan will be different from Bitcoin and Stablecoins. According to the South China Morning Post, China’s national digital currency would be a digital form of the Yuan. The head of the digital currency research institute at the People’s […]