BLOCKCHAIN

If You Held Crypto on CoinGather in 2017 the US Government Wants to Give it Back

[ad_1] The United States Department of Justice is seeking the owners of crypto funds that were held by CoinGather — a small crypto exchange that was seized by the Federal Bureau of Investigations, or FBI, in March 2018.The seizure came months after the exchange had abruptly ceased operating during November 2017, prompting rumors to circulate that the platform had conducted an exit scam. US Gov seeks victims of CoinGather scamThe U.S.
BLOCKCHAIN

Pump and Dump Complaints Dismissed Against Crypto Mining Firm

[ad_1] New Jersey District Judge, Freda Wolfson, granted seven motions of dismissal that ended a lawsuit targeting crypto mining firm, Riot Blockchain, on April 30.The plaintiffs claimed that Riot had made false and misleading statements to its shareholders concerning its investments in crypto assets and blockchain technologies.The lawsuit accused Riot of issuing misleading materials concerning shareholders who were selling their shares in the company, alleging that “related-party transactions” had not
EXCHANGES

Even After 90% Crash from Highs, Analyst Thinks XRP is “Wildly Overpriced”

[ad_1] Since the blow-off top at $3.30 seen at the start of 2018, XRP has been in a consistent macro downtrend. Even as Bitcoin and other cryptocurrencies roared higher in mini bull markets, the cryptocurrency’s price has been muted, trending lower and lower over time with seemingly no bottom to speak of. Chart from TradingView.com XRP remains more than 90% below its all-time high as of the time of this
Business

Cryptocurrency News From Japan: April 26

[ad_1] This week’s headlines from Japan included Rakuten Wallet, GMO Coin and DMM crypto exchanges achieving regulatory registration, SBI Holdings' VC Trade exchange announcing a 1,700% increase in fiscal year pre-tax profit, and SBI Holdings' CEO calling out the supply chain amid the coronavirus pandemic. Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan.Japanese exchange gains financial instruments licenseCrypto exchange, Rakuten Wallet, now holds status as
EXCHANGES

Eric Hughes: A Cypherpunk’s Manifesto

[ad_1] Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn’t want the whole world to know, but a secret matter is something one doesn’t want anybody to know. Privacy is the power to selectively reveal oneself to the world. **The following essay was written by Eric Hughes and published on March 9, 1993. “A Cypherpunk’s Manifesto” was
Business

“Bitcoin is not a F*cking Systemic Hedge If You Hold Your Bitcoin at a Financial Institution”

[ad_1] CoinShares’ chief strategy officer Meltem Demirors shared her view on how the latest crisis in the oil market will impact the ever-changing narratives around Bitcoin. Changing narratives According to Demirors, the recent crash in oil prices is a watershed moment which will change forever the narratives in the investment world. As she points out, the COVID-19-induced crisis “has defied all our expectations on what normal is” which is why expecting to
EXCHANGES

Why Top Wall Street Analysts See Bitcoin Hitting $15,000 in Next 12 Months

[ad_1] The price action over the past few days has undoubtedly been positive for Bitcoin. Case in point: the cryptocurrency ripped over 20% higher from the mid-$7,000s to a price as high as $9,500 over the course of 48 hours. Prices have since consolidated at $8,800, with BTC finding itself stuck between support around $8,500 and resistance at the ever-important level of $9,000. While some have said that this price
Business

Mining Sector Sees Extreme Volatility Amid Coronavirus and Crash During Q1

[ad_1] Crypto research firm, TokenInsight, has published a report covering the crypto mining industry during the first quarter of 2020. The report emphasized swings in Bitcoin (BTC)’s hash rate and the phasing out of older ASIC models.However, volatility has had a greater impact on Chinese miners — with Antminer S9s becoming unprofitable during March.Miners using old ASICs are impacted by price crashThe report describes BTC hash rate as having been
Business

BitInstant Was the Netscape of Crypto

[ad_1] In an exclusive interview with Cointelegraph, crypto pioneer and BitInstant co-founder, Charlie Shrem, offered his perspective on the early days of crypto.Despite missing some of the comradery from Bitcoin’s (BTC) infancy, Shrem stated that Bitcoin’s early adopters could have better recognized that crypto was much bigger than a new technology to “have fun and experiment with.”Charlie Shrem on the early days of cryptoWhen asked what lessons the contemporary digital
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Bitcoin Sextortion: Scams Using Email, Videos, Passwords to Extort BTC

[ad_1] Millions of people worldwide have received sextortion scam emails in 2020 asking for bitcoin. These bitcoin sextortion schemes sometimes include recipients’ passwords to make the threat more real. The authorities have advised what to do if you receive a bitcoin sextortion email. Bitcoin Sextortion Scams Proliferate Globally The number of people targeted by bitcoin sextortion scams in 2020 has increased rapidly. According to an analysis by British security company