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Category / Bitcoin

The sorrowful tale of an alleged SIM swapper who boosted thousands and thousands

You probably shouldn‘t feel sorry for Nicholas Truglia. It’s just that his story is so pathetic. The 21-year old Manhattan resident was arrested last November and extradited to California in December. There, he’d face 21 felony counts relating to accusations of SIM swapping his way to a million dollars worth of stolen cryptocurrency. While Truglia’s...CONTINUE READING

2018 used to be crypto’s yr of reckoning, however there is hope forward

2018 has been a tough year for cryptocurrencies.  As I write these lines, the prices of major cryptocurrencies such as Bitcoin, XRP, and Ethereum are the lowest they’ve been in over a year. The price decline, which started roughly in January, has been relentless: The cryptocurrency market cap shrunk from its all-time high of about...CONTINUE READING

Cryptocurrency change Gemini launches cell buying and selling app

Users of U.S.-based cryptocurrency exchange Gemini can now trade on the go with a new mobile app, launched for iOS and Android on Tuesday.  The app lets you buy and sell cryptocurrencies, including bitcoin, ether, litecoin, bitcoin cash and Zcash.  SEE ALSO: Crypto’s black Wednesday: Where do we go from here? Besides buying, selling, sending,...CONTINUE READING

Overstock is officially pivoting to blockchain

Overstock is getting out of ecommerce. One of the internet’s earliest online retailers, Overstock, is preparing to sell off its entire ecommerce business in February according to its founder and CEO Patrick Byrne.  Overstock’s future? Cryptocurrency and blockchain startups. Speaking to the Wall Street Journal, Byrne detailed his Overstock sale plans and discussed the company’s...CONTINUE READING

Crypto’s black Wednesday: Where do we go from here?

Cryptocurrencies are notoriously volatile, but even seasoned traders were taken aback by the price action on Wednesday and Thursday.  Bitcoin is down roughly 15% compared to the day before and is trading at $5,380 on Coinbase at writing time. Ethereum fared even worse, dropping roughly 17% to $171 and losing the position of the second...CONTINUE READING

Bitcoin Cash is set to hard fork, and people are losing their cool

Nothing says the future of finance like a good old-fashioned meltdown, and the upcoming bitcoin cash hard fork has that in spades. This is thanks, in no small part, to a man named Craig Wright.  Wright, derisively known as “Faketoshi” for his dubious claim that he is in fact Bitcoin creator Satoshi Nakamoto, has gone...CONTINUE READING

Hublot’s new watch is a perfect fit for Bitcoin millionaires

Here’s something you can proudly wear to you next cryptocurrency yacht cruise.  Swiss luxury watch maker Hublot is celebrating the 10th birthday of Satoshi Nakamoto’s Bitcoin whitepaper with a watch that screams “Bitcoin.”  SEE ALSO: Satoshi Nakamoto’s Bitcoin whitepaper turns 10 The Hublot Big Bang Meca-10 P2P, as it’s unironically called, is a 45mm wristwatch...CONTINUE READING

Satoshi Nakamoto’s Bitcoin whitepaper turns 10

On Oct. 31, 2008 an unknown person or group of people known by the pseudonym Satoshi Nakamoto published a paper called “Bitcoin: A Peer-to-Peer Electronic Cash System.”  Ten years later, we still don’t know the true identity of Satoshi Nakamoto, but pretty much everyone knows about Bitcoin.  SEE ALSO: China is capable of destabilizing or...CONTINUE READING
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