Category Archives: Crypto Daily

Lawyers Discuss Challenges Posed by Cryptocurrencies During Divorce

Several lawyers have discussed some of the challenges that arise from cryptocurrency ownership during divorce. The anonymous nature of cryptocurrencies creates the possibility for spouses to accumulate wealth that is concealed from their partner. However, this often can lead to parties searching for “pots of gold” that don’t exist. Also Read: Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange Cryptocurrency Holdings Complicate Divorce Proceedings Several lawyers specializing in divorce have shared some of the issues that are now arising during the judicial separation process as […]

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Report: Crypto Miners Bought 3 Million GPUs Last Year

More than 3 million graphics cards have been sold to cryptocurrency miners in 2017, with sales reaching $776 million, a new report revealed. According to a major manufacturer, prices of GPUs will continue to increase in 2018, despite expectations of decreasing demand in the mining sector.   Also read: AMD Increases GPU Production to Match Crypto Mining Demand Rising Mining Costs to Slow Down Demand Over three million Graphics Processing Units (GPUs) have been sold to cryptocurrency miners last year, Jon Peddie Research announced in its latest […]

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Digital Currency Group Welcomes Bitcoin-Friendly Bank to the ‘DCG Family’

This week the ‘bitcoin-friendly’ financial institution Silvergate Bank sold 9.5 million shares that raised a sum of $114Mn USD during the common stock sale. Some of the capital injection was provided by the venture capital firm Digital Currency Group who welcomed Silvergate Bank into the company’s growing list of partners and subsidiaries. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten ‘Bitcoin-Friendly’ Bank Raises $114 Million in Private Placement Silvergate Bank is a financial institution that has bolstered bitcoin-based companies for quite some time. Silvergate was […]

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Bill Gates Says Crypto Has Caused Deaths in a Fairly Direct Way

One of the world’s most affluent persons, Bill Gates, appears to have bought in to the rhetoric of popular media and government law enforcement accounts. Recently, Mr. Gates and his wife submitted to a Reddit Ask-Me-Anything (AMA), and Mr. Gates gave some unusual views on cryptocurrency.   Also read: How To Regain Control From Nanny Zuck Bill Gates Was Once Pro Crypto The popular social media billboard platform, Reddit, is famous for its innovative feature, Ask-Me-Anything (AMA). It’s a freewheeling, open (mostly) question and response thread placing constituents […]

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British Man in Amsterdam Allegedly Laundered €11.5m in Bitcoin Drug Money

A UK man living in Amsterdam is facing up to five years in prison for allegedly helping people by exchanging fiat cash for bitcoin which was used to buy drugs. He supposedly started by growing cannabis himself but soon found the bitcoin business to be more profitable by itself.   Also Read: US Navy Investigators Bust Bitcoin Drug Ring at Naval Academy Amsterdam Bitcoin Mule The Dutch Public Prosecutor has demanded that the court give a 38-year-old British man five years in prison for allegedly laundering about […]

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Swiss Stock Exchange Chairman Advocates National Cryptocurrency

The chairman of Switzerland’s stock exchange, Romeo Lacher, has spoken in favor of developing a Swiss national cryptocurrency. Mr. Lacher suggested that the proposed “e-franc” would provide a boost to the Swiss economy, in addition to comprising a payment system offering benefits over traditional systems. Also Read: Chinese Entrepreneur Warns Against Mining and ICO Bans  Swiss Stock Exchange Head Advocates Development of “E-Franc” Robert Lacher, the head of Switzerland’s stock exchange, has spoken in favor of the development of a Swiss national cryptocurrency backed by the country’s central […]

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Forking Today: Bittrex’ Stance on Bitcoin Private Angers Zclassic Bagholders

In less than six hours, zclassic will fork to create bitcoin private, a new privacy-oriented coin that uses zk-snarks to obfuscate transactions. Holders of bitcoin and zclassic will both be eligible to receive bitcoin private (BTCP) on a 1:1 basis. There’s just one problem: 93% of all zlcassic (ZCL) is on Bittrex exchange, which until today had neglected to pass comment on whether it would support the fork. As the price of ZCL has dropped sharply, bagholders have expressed their anger at Bittrex’ slowness to act. Also […]

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PR: Brahma OS Is the Decentralized Value Operating System Based on Revolutionary Blockchain Technology

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. SINGAPORE – The advent of blockchain technology is provoking a revolution of the Internet of Value. In the blockchain world, Ethereum, NEO, EOS and other blockchain-based computing platforms exploit land to run applications. On this land, a variety of application chain of […]

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Scammers Are Ruining Crypto Twitter and Twitter Is to Blame

You’ve heard of the scheme, seen the tweets, and been smart enough not to send cryptocurrency in the promise of receiving more back. The Twitter crypto scam, in which fraudsters impersonate the accounts of exchanges and influencers, is as simple as it is pernicious. While the odds of anyone falling for these scams is remote, they’re spoiling crypto Twitter for everyone – and Twitter is to blame. Also read: If You’ve Been Scammed Out of Cryptocurrency It’s Probably Your Fault Did You Hear the One About the Special […]

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Craig “Satoshi” Wright Sued for Billions

Forget the debate about whether bitcoin is a store of value or a currency. What everyone can agree upon is that it is a store of drama. And where there is drama in bitcoin over the last couple of years, Australian computer guru Craig Wright is often in the thick of it. Filed on Valentine’s Day and released yesterday, Mr. Wright is being sued for upwards of 5 billion dollars by the estate of his former business partner, now deceased David Kleiman. At issue are hundreds of […]

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