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Elon Musk Says Holding Bitcoin Is Less Dumb Than Cash, Disputes Peter Schiff’s Claims About Money and BTC

Elon Musk Says Holding Bitcoin Is Less Dumb Than Cash, Disputes Peter Schiff's Claims About Money and BTCTesla and Spacex CEO Elon Musk has clarified his position on bitcoin. Emphasizing that he is an engineer, not an investor, Musk says that bitcoin “is simply a less dumb form of liquidity than cash.” Musk also disputed gold bug Peter Schiff’s claims about bitcoin and commented on the price of the cryptocurrency. What Elon […]


February 21, 2021 0

Elon Musk Uncovers Facts Behind Robinhood Restricting Trades on Hot Stocks Like Gamestop

Elon Musk Uncovers Facts Behind Robinhood Restricting Trades on Hot Stocks Like GamestopSpacex and Tesla CEO Elon Musk has been trying to get to the bottom of what happened with the popular trading app Robinhood when it stopped people from buying shares of hot stocks, like Gamestop. The shares of these stocks became popular due to the Wallstreetbets movement. Elon Musk Says People Want the Truth From […]


February 2, 2021 0

Network-Attached Storage (NAS) Devices Infected by Bitcoin-Mining Malware

Taiwanese File Storage Provider Warns of a Cryptojacking Campaign Against Their DevicesA Taiwanese hardware company has warned its clients about a targeted crypto mining attack against their storage devices. The malware infects NAS devices connected to the internet by installing a crypto-miner named Dovecat. Threat Actors Install Malware That Illicitly Mines Bitcoin According to the advisory revealed by Bleeping Computer, the malware mines bitcoin (BTC) on […]


January 28, 2021 0

Genesis Mining Is Converting Excess Bitcoin Datacenter Heat Into Greenhouse Power in Sweden

Genesis Mining Is Converting Excess Bitcoin Datacenter Heat Into Greenhouse Power in SwedenOne of the largest bitcoin mining operations in the world, Genesis Mining, has been working on an experiment with Systemair, Lulea Technical University, Research Institute of Sweden, and the local Boden municipality. The teams in Sweden are developing a system that converts excess heat from Genesis’s bitcoin mining to power greenhouse operations. Bitcoin mining is […]

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December 20, 2020 0

Venezuelan Army Starts Mining Bitcoin for ‘Unblockable Income’

Venezuelan Army Starts Mining Bitcoin for 'Unblockable Income'The Venezuelan Army has inaugurated a cryptocurrency mining center with bitcoin mining equipment aimed at generating “unblockable income,” as the country attempts to bypass U.S. sanctions. The crypto mining center has the support of the country’s crypto regulator, Sunacrip. Venezuela’s Army Starts Cryptocurrency Mining The Venezuelan Army’s cryptocurrency mining center was inaugurated on Nov. 19 […]

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November 30, 2020 0

Spain Approves Bill Requiring Cryptocurrency Owners to Disclose Crypto Holdings

Spain’s government has reportedly approved a bill that requires cryptocurrency owners to disclose their crypto holdings and any gains on their assets. Spain’s Finance Minister and the government’s spokesperson, Maria Jesus Montero, said at a press conference following the weekly cabinet meeting that this bill is part of broader legislation to crack down on tax […]

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October 13, 2020 0

Kraken Cryptocurrency Exchange Gets US Banking License, Plans to Be Global Bank

Kraken Cryptocurrency Exchange Gets US Banking License, Plans to Be Global BankCryptocurrency trading platform Kraken has received a banking license recognized under federal law to operate as a bank in the U.S. The company has outlined its plans to offer a number of cryptocurrency-focused financial services locally and globally. Kraken Now a US Bank Kraken announced Wednesday that it has received a U.S. bank charter. “The […]

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September 17, 2020 0

Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified

Ethereum Classic Suffers 51% Attack Again: Delisting Risk AmplifiedBeleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caused the reorganization of over 7,000 blocks and this corresponds to approximately two days of mining. At the time of reporting, it was not clear if there had been any double-spending as was the case in the last attack. […]

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August 30, 2020 0

305 Venezuelan Municipalities to Collect Tax in Cryptocurrency Petro

305 Venezuelan Municipalities to Collect Tax in Cryptocurrency PetroVenezuela’s national tax harmonization agreement has been signed by the council representing 305 municipalities. They have agreed to use the country’s cryptocurrency, the petro, as the unit of account for tax payments. Taxing in Petro The Bolivarian Council of Mayors signed Venezuela’s National Tax Harmonization Agreement on Sunday, placing the cryptocurrency petro as the unit […]

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August 13, 2020 0

Russia Developing AI System to Monitor Cryptocurrency Transactions — Prototype Already in Use

Russia Developing AI System to Monitor Cryptocurrency Transactions — Prototype Already in UseRussia is reportedly developing a system using artificial intelligence to track and analyze transactions involving cryptocurrencies, such as bitcoin, dash, and monero. The system prototype has already been created and is currently being tested. This news followed the signing of crypto regulation into law by President Vladimir Putin. Russian Crypto Monitoring System The Russian government […]

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August 12, 2020 0