In a surprisingly expletive-laden interview, self-declared inventor of Bitcoin Craig Wright called the DeFi hype a “complete scam” and said inventors of these projects were nothing but “conmen” and “criminal a**holes taking money”.He also started a new court case against Roger Ver (the creator of Bitcoin Cash and CEO of Bitcoin.com) for libel, after he […]
The DeFi boom continues unabated as the YFI (yearn.finance) coin has a Super Sunday and breaks all records for a crypto just a month old. With a price tag of nearly $40,000 (highest point was $38,683) and an increase of some 70% at a certain moment yesterday, the brand new coin is continuing to shatter […]
Ruja Ignatova, the missing Bulgarian Ponzi-schemer who left the crypto space with a dented reputation and a 7.2 billion dollar hole, is making headlines again, this time in the UK where a popular podcast about her endeavor known as OneCoin has revealed further scandal for London’s City district.This week, the global OneCoin story landed in Australia, […]
Employee loyalty was key for Elon Musk, CEO of Tesla, SpaceX and Neuralink, after a criminal tried to bribe one of his employees into accepting millions in Bitcoin to hack into the company’s mainframe. The employee refused and instead alerted the FBI. Meanwhile Musk was informed just as he was about to show off his […]
As a somewhat seasoned author of articles on business and politics, it felt nostalgic to see one of the Financial Times journalists this week (try and) make the link between the best known cryptocurrency Bitcoin and the fringe alt-right conspiracy group QAnon, and then describe the latter in the same manner that Rolling Stone magazine once used to […]
The ideological battle between China and the city-state of HongKong has not only descended into a standoff of authoritarianism versus liberalism, but also pitted China’s digital yuan versus Bitcoin.Yesterday, another page-sized ad promoting Bitcoin appeared in a popular HongKong newspaper, just as China plans to roll out their own “Digital Yuan” in the city.Historic handoverHongkong […]
The once feared Federal Reserve speech of Jerome Powell turned out to be a big nothingburger in the end but Bitcoin and Ethereum seem locked in a tight trading range which doesn’t let them break out, whether to the down- or even upside. Meanwhile smaller DeFi coins continue booming just as ChainLink also seeks direction.BitcoinThe […]
The mainstream adoption of Bitcoin as a known item, good or definition for digital currency for Americans became even clearer today. Whereas we already mentioned two weeks ago that both Tesla and Bitcoin were the most popular investments for Americans during the first half of 2020, it now seems the mainstream media is also jumping […]
Just as thugs and criminals started to feel that the Bitcoin frenzy days of the illegal and legendary Silk Road finally had found a successor with the Darknet’s very popular “Empire Market”, the site went offline a few days ago.Speculation is rife with many believing that the FBI closed it down just as it did […]
A discussion on proof of work versus proof of stake has led to a new nickname for Charles Hoskinson, CEO of Input Output HongKong and founder of Cardano, the small altcoin that is experiencing a stellar 2020.Charles has therefore adapted his Twitter profile and now added to his wallet address the fact that he is […]
