Category: cryptocurrency

Cryptocurrency Is Strengthened By Space Exploration

Cryptocurrency Is Strengthened By Space Exploration

One of the most curious things about the emergence of cryptocurrencies has been its tie to a nascent movement in commercial space exploration and commercial space launches. At first, it seems like an odd fit — until one begins to understand that private modules and satellite communications as well as further space exploration dovetails with…
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Now Some Good Coronavirus News: 33% Of Cryptocurrency Scammer Revenue ‘Wiped Out’ By COVID-19

Now Some Good Coronavirus News: 33% Of Cryptocurrency Scammer Revenue ‘Wiped Out’ By COVID-19

Cryptocurrency – From lower fumes to more time spent with family, there are some glimmers of light in the darkness of the COVID-19 era. And, despite the rise of coronavirus-themed scams, cybercriminals hoping to make bundles of cryptocurrency during global lockdowns are earning less than ever, according to a report released Friday. The report, shown…
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How A Single Apple Mac Hack Scored North Korean Spies $7 Million In Cryptocurrency

How A Single Apple Mac Hack Scored North Korean Spies $7 Million In Cryptocurrency

North Korean hackers are using legitimate-looking LinkedIn and Telegram profiles in order to target the cryptocurrency wallets of macOS users, cybersecurity experts at Chainalysis have warned. A report shown to Forbes ahead of publication on Tuesday revealed previously unknown details on a cryptocurrency exchange attack carried out by the Lazarus Group, a unit that the…
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Hunting the missing millions from collapsed cryptocurrency

Hunting the missing millions from collapsed cryptocurrency

A Russian computer programmer involved in the collapse of a big cryptocurrency exchange says he was tricked into handing over its entire assets to fraudsters posing as FSB agents, according to documents obtained by BBC Russian. Cryptocurrency – Alexei Bilyuchenko was a key player in Wex, which stopped trading in 2018, leaving customers unable to…
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The power of standards

The IRS has a new tax form out and wants to know about your cryptocurrency

Tax season is still months away, but the IRS will want to know about your cryptocurrency holdings. The IRS just released a new Schedule 1 for the 2019 tax season, spelling out the details on above-the-line deductions, including the tax break for student loan interest and health savings account contributions. Eagle-eyed taxpayers will notice that…
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This Cryptocurrency Could Be The Next Social Networking King

This Cryptocurrency Could Be The Next Social Networking King

Cash may be king, but digital money fans aim to overthrow it. Stablecoin, a type of cryptocurrency linked to real assets, is gaining powerful backers in technology and finance who hope to seize a crucial role in global trade and the economic world order. Unlike Bitcoin, Ethereum and many other digital currencies, stablecoins have backing…
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MYSTERIOUS BITCOIN PLAYER MANIPULATED CRYPTOCURRENCY TO HISTORIC $326 BILLION MARKET VALUE, STUDY CLAIMS

MYSTERIOUS BITCOIN PLAYER MANIPULATED CRYPTOCURRENCY TO HISTORIC $326 BILLION MARKET VALUE, STUDY CLAIMS

A single mysterious player on the cryptocurrency exchange Bitfinex appears to have massively manipulated the price of Bitcoin in 2017, a new academic paper claims. The peer-reviewed study is an updated version of a 2018 paper investigating if a stablecoin called Tether influenced the values of the cryptocurrency Bitcoin during its unprecedented boom back in…
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China’s Cryptocurrency Plan Has a Powerful Partner: Big Brother

China’s Cryptocurrency Plan Has a Powerful Partner: Big Brother

Facebook’s Libra project led Beijing to accelerate its efforts. The government could soon know a lot more about how people are spending. BEIJING — When Facebook announced plans this year for a cryptocurrency called Libra, it said its goal was to reinvent money for the internet age. What the company probably didn’t imagine was that…
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