Bitcoin and Ethereum INCREASE in price after $50 million hack Shortly after 1 pm local time Wednesday, South Korean crypto exchange UPbit suffered a hack which resulted in the theft of millions of dollars worth of Ethereum. https://micky.com.au/bitcoin-and-ethereum-increase-in-price-after-50-million-hack/
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Showing posts from November, 2019
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Movie piracy investigation leads to New Zealand's largest crypto seizure In what is being called the first “high-value restraint of cryptocurrency” in New Zealand, law enforcement agents have reportedly seized millions of dollars in cryptocurrency from an alleged movie pirate. https://micky.com.au/movie-piracy-investigation-leads-to-new-zealands-largest-crypto-seizure/
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Could Chinese Bitcoin mining giant's underwhelming IPO be bearish for crypto? Chinese Bitcoin mining giant Canaan has just completed its IPO for over $300 million less than its original valuation. Could this be an indication of further bearish sentiment for the crypto industry as digital assets continue to slide? https://micky.com.au/could-chinese-bitcoin-mining-giants-underwhelming-ipo-be-bearish-for-crypto/
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Bobby Lee: 'Bitcoin will reach and eclipse the total value of gold' Despite Bitcoin losing nearly 4.5 percent of its value in the span of a few hours earlier today, the ever-bullish Bobby Lee remains adamant that the total value of the BTC will eventually surpass that of gold. https://micky.com.au/bobby-lee-bitcoin-will-reach-and-eclipse-the-total-value-of-gold/
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Bitcoin bull slashes previous BTC price prediction Fundstrat analyst Tom Lee is moving the goalpost yet again. Not only is he slashing his previous Bitcoin price prediction by nearly 40 percent, but he is also pushing the timeline back by a further two years. https://micky.com.au/bitcoin-bull-slashes-previous-btc-price-prediction/
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OPEN SEASON: Iran launches bounty program to nab illegal Bitcoin miners In an effort to curtail the illegal use of subsidized electricity for Bitcoin mining, the Iranian government is offering a bounty to anyone who reports violators to the authorities. https://micky.com.au/open-season-iran-launches-bounty-program-to-nab-illegal-bitcoin-miners/
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LEGACY SYSTEMS: Inflation, the creation of 'money', and the fractional reserve Understanding inflation in the legacy system requires a basic understanding of how “money” is created. Money is purposely put in quotes, as money, like energy, cannot be created or destroyed – only transferred. Therefore, what is actually created is debt-based “currency”.
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RANSOMWARE ATTACK: Hackers demand $5 million in Bitcoin from state-run oil company Pemex, Mexico's state-run oil company, is the latest victim of a ransomware attack that crippled portions of its country-wide computer network. https://micky.com.au/ransomware-attack-hackers-demand-5-million-in-bitcoin-from-state-run-oil-company/
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Binance to onboard 180 new fiat currencies Tuesday’s Binance Super Meetup in Singapore was ground zero for several major announcements from exchange CEO Changpeng “CZ” Zhao and his special guest, HTC Decentralized Chief Officer Phil Chen. https://micky.com.au/binance-to-onboard-180-new-fiat-currencies/
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Shady crypto exchange used in Tinder dating scam Tinder-loving crypto enthusiasts beware! The next time you ‘swipe right,’ you could be setting yourself up to get swindled out of your hard-earned coins. Here’s what you need to know about the con – and the exchange the scammers are using to pull it off. https://micky.com.au/shady-crypto-exchange-used-in-tinder-dating-scam
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TV mogul scores win against Facebook over Bitcoin scam ads Dutch billionaire and media tycoon John de Mol has taken on Facebook and won, after an Amsterdam court ruled that the social media giant must take down Bitcoin scam ads featuring his likeness or pay the price. https://micky.com.au/tv-mogul-scores-win-against-facebook-over-bitcoin-scam-ads/
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Looking for a job in blockchain and crypto? These top companies are hiring now! The number of blockchain and crypto job postings has grown by 1,457%, reports Indeed.com, but interest in those jobs appears to be waning. Who's hiring and why are jobseekers staying away? https://micky.com.au/looking-for-a-job-in-blockchain-and-crypto-these-top-companies-are-hiring-now/
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Leading crypto exchange to freeze US customer accounts | Micky Earlier this week, Huobi Global announced that it would be freezing all of its U.S. customer accounts effective November 13, 2019 (GMT+8). Citing the repressive and uncertain regulatory status of cryptocurrencies in the United States, the exchange said that it was forced to ban U.S. customers from its platform. https://micky.com.au/leading-crypto-exchange-to-freeze-us-customer-accounts/
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EU considers launching its own cryptocurrency in response to Libra 'threat' In a move to counter the perceived threat of Facebook’s Libra cryptocurrency, a new draft document issued by the European Union (EU) suggests that the European Central Bank (ECB) should issue its own digital currency. https://micky.com.au/eu-considers-launching-its-own-cryptocurrency-in-response-to-libra-threat/
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55 billion token burn sends Stellar Lumens (XLM) price soaring The Stellar Development Foundation (SDF) has burned over half of its total token supply of Lumens (XLM), sending prices soaring more than 26 percent in less than an hour. https://micky.com.au/55-billion-token-burn-sends-stellar-lumens-xlm-price-soaring/
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Another Canadian crypto exchange owner vanishes as regulators close in In the wake of the QuadrigaCX imbroglio, two more Canadian crypto exchanges are under investigation. Regulators are investigating numerous complaints and it appears that the owner of at least one of the exchanges has disappeared, taking users' funds with them. https://micky.com.au/another-canadian-crypto-exchange-owner-vanishes-as-regulators-close-in/
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Crypto exchange foul-up exposes thousands of customer email addresses Popular crypto exchange BitMEX is in the hot seat after a mass email sent to users inadvertently exposed thousands of customer email addresses. https://micky.com.au/crypto-exchange-foul-up-exposes-thousands-of-customer-email-addresses/