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On March 17 the Mt Gox bankruptcy trustee Nobuaki Kobayashi revealed some critical information about how he’s been selling the BTC and BCH he has in his possession. The news may comfort those who believe the remainder of the Mt Gox sales will crash the market. According to Kobayashi he has been consulting cryptocurrency experts … Read more
GMO Internet has released a monthly report on its mining business for February 2018, revealing that the company has mined over 200 bitcoins during this year so far. GMO has also mined over 300 Bitcoin Cash during 2018. Also Read: From ‘Attack’ to ‘Optimization’ — Slush Pool Reveals ASIC Boost Compatibility GMO Internet Mined $1.8 Million … Read more
North Korea may have made over $200 million USD from cryptocurrency transactions last year, according to a former NSA official. DPRK is believed to have obtained at least 11,000 bitcoins through mining or hacking in 2017. Pyongyang continues to exploit the benefits of using cryptos and the cyber security weaknesses of its adversaries, recent reports … Read more
The Federal Bureau of Investigation (FBI) has claimed that Sergey Sergeyvich Medvedev, a Russian national recently arrested in Bangkok, was the co-founder and second in command of the Infraud group – a notorious international cyber crime syndicate. It has been reported that at the time of his arrest, Mr. Medvedev was in possession of more … Read more
More than half of Russians have some knowledge about bitcoin, according to a new survey. Awareness is higher among young people and in major cities. Three quarters of the Muscovites feel informed about the leading cryptocurrency thanks to 185,000 publications in news outlets. Bitcoin is the most popular word in Russian social media, another study shows. … Read more
This week the sponsor of the Bitcoin Investment Trust, Grayscale Investments has announced the launch of a 91-for-1 stock split of the Trust’s issued and outstanding shares. According to Grayscale, the division will take place on January 22 and shareholders will receive 90 more shares on top of their original shares held. Also read: Markets Update: … Read more
Missing, stolen, lost or buried…these are all adjectives attracting attention when attached to the noun “cash”, physical or digital. Comments and shares on social media have revived curiosity and sparked questions about one particular monetary mystery – what happened with the 200,000 bitcoins Bulgaria seized from gangsters? As with any urban legend, a mix of facts, claims … Read more
Nigeria has witnessed a recent spike in bitcoin adoption, with the P2P markets setting a new record for trading volume thus far during the week of the 16th of December. Nigeria comprises the most recent African nation to experience a spike in cryptocurrency adoption, with Zimbabwe’s bitcoin prices having been among the highest worldwide for a … Read more
