Bitcoin SV Creator Craig Wright Screeches ‘I am Satoshi Nakomoto’

Bitcoin SV Creator Craig Wright Screeches ‘I am Satoshi Nakomoto’

CCN.com: In a meandering post on Medium today, Craig S. Wright made some bold claims. The post shifts from subject to subject, but begins with obvious anger at the delisting of Bitcoin SV by Binance, Kraken, and Shapeshift. It begins:Many people in the bucket shop, sorry, “crypto currency exchange” industry want to see me gone.… Continue reading Bitcoin SV Creator Craig Wright Screeches ‘I am Satoshi Nakomoto’

Thailand tows bitcoin trader’s floating home; owners may face death sentence

Thailand tows bitcoin trader’s floating home; owners may face death sentence

Reuters A Royal Thai navy ship drags a floating home, lived in by an American man and his Thai partner, in the Andaman Sea, off Phuket Island in Thailand, April 22, 2019. The Royal Thai Navy has towed a floating home owned by an American bitcoin trader and his Thai girlfriend, who currently face possible… Continue reading Thailand tows bitcoin trader’s floating home; owners may face death sentence

McAfee Says He Spoke with Satoshi, Claims the Bitcoin Creator Is Furious

McAfee Says He Spoke with Satoshi, Claims the Bitcoin Creator Is Furious

CCN: Don’t say we didn’t see it coming. John McAfee is not unveiling the true identity of bitcoin creator, Satoshi Nakamoto, at least not today. The mercurial tech maverick has put a stop to proceedings, alleging that due to an “imminent” extradition request to the United States, McAfee’s attorney believes outing Nakamoto to the world… Continue reading McAfee Says He Spoke with Satoshi, Claims the Bitcoin Creator Is Furious

SoftBank Founder Masayoshi Son Lost $130 Million on Bitcoin

SoftBank Founder Masayoshi Son Lost $130 Million on Bitcoin

Masayoshi Son, the billionaire founder of SoftBank Group Corp., made a huge personal bet on bitcoin just as prices for the digital currency peaked, losing more than $130 million when he sold out, according to people familiar with the matter. Mr. Son, who launched the world’s biggest venture-capital fund on the strength of his long-term… Continue reading SoftBank Founder Masayoshi Son Lost $130 Million on Bitcoin

CZ’s Kumbaya Moment with Ethereum Proves Crypto Has Turned a Corner

CZ’s Kumbaya Moment with Ethereum Proves Crypto Has Turned a Corner

CCN: These are heady times for Binance Coin (BNB), the in-house cryptocurrency launched by the world’s largest crypto exchange, Binance. BNB hit a new all-time high a few days ago and the exchange successfully launched Binance chain, which features BNB and marks the coin’s independence from Ethereum. The cryptosphere has been filled with noises about… Continue reading CZ’s Kumbaya Moment with Ethereum Proves Crypto Has Turned a Corner

Coinbase Shellacking: Crypto Exchange Cuts Staff, Shutters Chicago Office

Coinbase Shellacking: Crypto Exchange Cuts Staff, Shutters Chicago Office

Coinbase engineers will be seeing red tonight after they were reportedly laid off and the firm’s Chicago office closed.It’s a sure sign that despite positive sentiment returning, the crypto bear market is still determined to shrink a few more businesses before it’s over. It’s also a signal that mainstream financial players haven’t been ready to… Continue reading Coinbase Shellacking: Crypto Exchange Cuts Staff, Shutters Chicago Office

Bitcoin’s Explosive Rally Targets $6,500 Next – Analyst Explains Why

Bitcoin’s Explosive Rally Targets $6,500 Next – Analyst Explains Why

CCN: The bitcoin price could surge to $6,500 soon because it breached a key resistance level of $5,500 this week. That’s the assessment of Naeem Aslam, the Chief Market Analyst at ThinkMarkets, a forex and derivatives broker.Indeed, bitcoin has roared to a six-month this week after flailing for much of 2018.Aslam: Nasdaq Is Warming Up… Continue reading Bitcoin’s Explosive Rally Targets $6,500 Next – Analyst Explains Why

Amazon with Lightning Network? Early Bitcoin Developer Isn’t Impressed

Amazon with Lightning Network? Early Bitcoin Developer Isn’t Impressed

CCN: You’ve likely heard the buzz about a new Chrome extension that will allow people to make purchases on Amazon using the Lightning Network, Moon. The buzz shouldn’t confuse you, hopefully: Amazon isn’t accepting any form of bitcoin, and they’re not integrating the Lightning Network. The extension does some ninja work in the background to… Continue reading Amazon with Lightning Network? Early Bitcoin Developer Isn’t Impressed

Bitcoin Couple’s Seastead Dreams Sunk by Thai Navy

Bitcoin Couple’s Seastead Dreams Sunk by Thai Navy

CCN: The Thai Navy has dismantled the floating sea cabin of U.S. bitcoin investor and seasteading advocate Chad Elwartowski. His Thai girlfriend Supranee Thepdet was living with him in the seastead. The Thai Navy boarded the boat over the weekend and returned its pieces to shore in three boats. The Thai government plans to use… Continue reading Bitcoin Couple’s Seastead Dreams Sunk by Thai Navy

SoftBank’s Masayoshi Son lost $130m in mistimed bitcoin bet

SoftBank’s Masayoshi Son lost $130m in mistimed bitcoin bet

Choose the subscription that is right for you Not sure which package to choose? Try full access for 4 weeks For 4 weeks receive full access to the FT’s trusted, award-winning news and analysis. Read more Read the essential news and opinion you need every day via desktop and mobile MyFT – track the topics… Continue reading SoftBank’s Masayoshi Son lost $130m in mistimed bitcoin bet

How Crypto Investor Stupidity Helped One Hacker Swipe $7 Million

How Crypto Investor Stupidity Helped One Hacker Swipe $7 Million

CCN: Years ago, a thief had a simple idea: figure out a way to guess Ethereum private keys and write software to sweep the crypto funds from the blockchain. Guessing the 72-character private key is no small feat – your odds are about 1 in 115 quattuorvigintillion. No, we didn’t make that number up.The researchers… Continue reading How Crypto Investor Stupidity Helped One Hacker Swipe $7 Million

SoftBank Founder Masayoshi Son Lost $130 Million on Bitcoin

SoftBank Founder Masayoshi Son Lost $130 Million on Bitcoin

Masayoshi Son, the billionaire founder of SoftBank Group Corp., made a huge personal bet on bitcoin just as prices for the digital currency peaked, losing more than $130 million when he sold out, according to people familiar with the matter. Mr. Son, who launched the world’s biggest venture-capital fund on the strength of his long-term… Continue reading SoftBank Founder Masayoshi Son Lost $130 Million on Bitcoin

Coinbase Shuts Chicago Office as Crypto Slump Continues

Coinbase Shuts Chicago Office as Crypto Slump Continues

Welcome! To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. You always have… Continue reading Coinbase Shuts Chicago Office as Crypto Slump Continues

Japan finance regulator raids cryptocurrency exchanges in money laundering sweep

Japan finance regulator raids cryptocurrency exchanges in money laundering sweep

Japan‘s top financial regulator has raided two cryptocurrency exchanges to enforce anti-money laundering rules, Reuters reports. Financial Services Agency (FSA) agents inspected digital asset firms Huobi Japan and Fisco Cryptocurrency Exchange to make sure appropriate customer protections were in place. Both firms reportedly had recently undergone management restructures. In October last year, Fisco revealed it was… Continue reading Japan finance regulator raids cryptocurrency exchanges in money laundering sweep

Bitcoin Sextortion: Kansas Police Warn of Bizarre Crypto Scam

Bitcoin Sextortion: Kansas Police Warn of Bizarre Crypto Scam

CCN: Police in the tiny town of Norton, Kansas posted a bulletin to their website yesterday morning urging followers not to fall for a bizarre Bitcoin sextortion scam.Spear-Phishing Attack Targets Individuals With Secret Porn HabitsIn this version of a classic spear-phishing attack, the scammer sends an e-mail to the victim and tells them they have… Continue reading Bitcoin Sextortion: Kansas Police Warn of Bizarre Crypto Scam

Charlie Lee Slams ‘Silly’ Investors for Not Holding Onto Litecoin

Charlie Lee Slams ‘Silly’ Investors for Not Holding Onto Litecoin

CCN: Crypto investors should do as Charlie Lee says, not as he does. The Litecoin creator was featured as a guest on Laura Shin’s Unchained podcast, where he defended his decision to liquidate the holdings of the cryptocurrency that he spawned, Litecoin (LTC).Lee, who is a Google alum, is a highly respected individual in the… Continue reading Charlie Lee Slams ‘Silly’ Investors for Not Holding Onto Litecoin

Crypto Industry Matures as Bitcoin Exchange Reopens After $60 Million Hack

Crypto Industry Matures as Bitcoin Exchange Reopens After $60 Million Hack

hacked in September 2018, is preparing to resume its operations in Japan according to the official document released by the exchange.The document released by Zaif on April 19 stated that all users affected by the hack will be compensated fully. The company said that users have the right to seek the return of the crypto… Continue reading Crypto Industry Matures as Bitcoin Exchange Reopens After $60 Million Hack

SoftBank founder Masayoshi Son reportedly blew $130 million in a bitcoin bet gone wrong after failing to heed Warren Buffett’s advice

SoftBank founder Masayoshi Son reportedly blew $130 million in a bitcoin bet gone wrong after failing to heed Warren Buffett’s advice

Masayoshi Son, chairman and chief executive officer of SoftBank Corp speaks during the news conference on June 18, 2015 in Chiba, Japan. Koki Nagahama/Getty Images SoftBank founder Masayoshi Son could have saved $130 million if he paid attention to Warren Buffett.The famed tech investor lost that amount on a bitcoin bet gone wrong, according to… Continue reading SoftBank founder Masayoshi Son reportedly blew $130 million in a bitcoin bet gone wrong after failing to heed Warren Buffett’s advice

SoftBank Founder Masayoshi Son Lost $130 Million on Bitcoin

SoftBank Founder Masayoshi Son Lost $130 Million on Bitcoin

Masayoshi Son, the billionaire founder of SoftBank Group Corp., made a huge personal bet on bitcoin just as prices for the digital currency peaked, losing more than $130 million when he sold out, according to people familiar with the matter. Mr. Son, who launched the world’s biggest venture-capital fund on the strength of his long-term… Continue reading SoftBank Founder Masayoshi Son Lost $130 Million on Bitcoin

Japan’s Second-Richest Man Bet Massively on Bitcoin. He Lost $130 Million

Japan’s Second-Richest Man Bet Massively on Bitcoin. He Lost $130 Million

CCN.com: Japanese billionaire Masayoshi Son made a huge bet on bitcoin at the top of the market. And lost. The SoftBank Founder reportedly cut a loss of $130 million of his own money by mis-timing the historic cryptocurrency bubble in late 2017.It is not known exactly how much Masayoshi Son, worth an estimated $24 billion,… Continue reading Japan’s Second-Richest Man Bet Massively on Bitcoin. He Lost $130 Million

An American bitcoin trader built a floating house off Thailand’s coast in an attempt to gain independence. Authorities destroyed his home and he now faces the death penalty.

An American bitcoin trader built a floating house off Thailand’s coast in an attempt to gain independence. Authorities destroyed his home and he now faces the death penalty.

An American bitcoin trader faces a possible death sentence in Thailand after authorities confiscated his floating home, which he built in an attempt to declare an autonomous seaborne community.Chad Elwartowski and his girlfriend Supranee Thepdet had been living in the so-called “seastead,” but fled before authorities arrived.According to Thai authorities, the pair claimed they were… Continue reading An American bitcoin trader built a floating house off Thailand’s coast in an attempt to gain independence. Authorities destroyed his home and he now faces the death penalty.