Call of Duty Players Suspected of Swiping More Than $3 Million in Crypto

A group of Call of Duty players are suspected by authorities of masterminding a scheme to steal more than $3 million in cryptocurrency. The group allegedly hacked into cryptocurrency wallets after gaining access to a victim’s cell phone. Today, Chicago Sun-Times revealed details about a cryptocurrency hacking scheme a group of Call of Duty players allegedly carried …

Tiger Global’s $500 Million Investment in Coinbase Could be a Part of its $3.75 Billion Fund

Tiger Global has successfully raised $3.75 billion in its latest venture capital fund, and the crypto-sphere is speculating if its $500 million Coinbase investment could be a part of it. Tiger Global’s multi-billion dollar fund, which has been named Private Investment Partners XI, is aimed at consumer internet, cloud and industry-specific software, and direct-to-consumer companies …

Marco Santori on Airdrops and the “Complete Picture” of SAFT Regulation

Ever since the U.S. Securities and Exchange Commission (SEC) issued a stern warning about initial coin offerings (ICOs) in February 2018, cryptocurrency projects have had to consider different options for distributing their tokens — and funding their development. One alternative for dispersing a token is an airdrop, where tokens are given out (for free) to …

Japanese Consortium to Research Direct Trading of Electricity with Blockchain

A Japanese consortium is to research the use of blockchain technology to determine the price of surplus electricity generated by photovoltaic power generation, and a new system capable of direct trading. Japan Unisys to Build Blockchain Platform to Facilitate Trading of Electricity A partnership between the University of Tokyo, IT company Japan Unisys, electric utility Kansai …

The ‘Hodlers of Last Resort’ Saviors of Bitcoin

We have all listened to no-coiner acquaintances reasoning that, “Bitcoin is purely virtual, so the price could crash to nothing”. But why are they wrong? Who are the heroes that stop the drop in a bear market cycle? These, my friend, are Bitcoin’s Buyers of Last Resort. What Goes Up… The rise of bitcoin has depended …

Major Nordic Bank Bans Bitcoin, Gets Caught For Money Laundering

Nordea Bank, the largest financial group in the Nordic countries, which banned Bitcoin in January, has been caught in a major money laundering scandal for allegedly receiving dirty money from two banks in the Baltics. Yle, a state-owned publication in Finland with over 3,500 employees, reported that finance authorities in Sweden received a report with …

Bitcoin Price Watch: BTC/USD Remains Vulnerable Below $6,450

Key Points Bitcoin price extended losses and declined below the $6,450 support level against the US Dollar. Yesterday’s highlighted key bullish trend line was broken with support at $6,435 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price declined below the $6,400 support and the 100 hourly simple moving average. …

New BitConnect Class Action Combines All Former Suits — And Targets Youtube

According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U.S. District Court for the Southern District of Florida against BitConnect. The new suit combines all the lawsuits previously filed against the now-defunct pyramid scheme. The new class action names the law firm Silver Miller as the “Class Counsel” …