All posts tagged with bitcoin
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-(Natural News) South Korean police have seized Coinbit, one of the country’s largest cryptocurrency exchanges, following allegations that it was involved in fraud and wash trading. According to a report by the Seoul Shinmum, the Seoul Metropolitan Investigation Department searched and seized several of the company’s premises, including its headquarters in Seoul’s Gangnam district. This came […] -
-(Natural News) The University of California San Francisco paid $1.14 million in bitcoin to hackers following a ransomware attack that took place earlier this month. The attack encrypted data on the university’s School of Medicine servers, rendering it inaccessible. The hackers initially demanded $3 million, but the university got them to agree to a lower […] -
-(Natural News) Once the darling of daring young investors looking to get into trading on the cheap, cryptocurrency hasn’t really recovered since the 2018 crash. Now, these same investors seem to have found something new to put their money into – Robinhood. With its innovative “zero-cost” trading model, Robinhood has quickly gained a following among young, […] -
-(Natural News) On a topic like Bitcoin, it’s important to start with a disclaimer: I own zero Bitcoin. I used to mine Bitcoin using excess solar energy that I had installed on our offices in Arizona, and I later sold that Bitcoin for physical gold. Thus, I actually turned sunlight into gold, via Bitcoin. But […] -
-(Natural News) Did you know that in the state of New York there’s a natural gas power plant currently in operation that has its own bitcoin mining rig? It’s known as Greenidge Generation, and about $50,000 dollars’ worth of the virtual cryptocurrency is “mined” there daily using gobs of fossil fuel energy. Located in New […] -
-(Natural News) Federal Reserve officials are afraid that digital currencies will take power away from the central banking system. Central bankers are afraid that private financial transactions and human freedom will weaken currencies and potentially destroy banking procedures that currently dictate the economy and hold the general population back. This is why the central bankers […] -
-(Natural News) There was a time when John McAfee of antivirus fame predicted that Bitcoin would reach $1 million by 2020. But he’s since changed his mind and decided that Bitcoin will eventually reach $0 because the cryptocurrency is based on “ancient” technology. Part of McAfee’s former $1 million claim included a personal promise; if it didn’t […] -
-(Natural News) For several years, I’ve repeatedly warned people to steer clear of crypto schemes. The crypto space seems to attract some of the most unscrupulous promoters, and people who are looking for quick gains often get suckered into costly arrangements that may not be legit. Now, an FBI investigation has led to the DOJ […] -
-(Natural News) Over the last 24 hours, Natural News and NewsWars have spearheaded the reporting on the implications of Google’s “quantum supremacy” announcement from Friday. What’s astonishing is how few independent media publishers and mainstream media outlets are covering this story, considering it’s the biggest computing milestone in the history of humanity, with game-changing implications […] -
-(Natural News) Preliminary report. More detailed analysis coming in 24 hours at this site. According to a report published at Fortune.com, Google has achieved “quantum supremacy” with a 53-qubit quantum computer. From reading the report, it is obvious that Fortune.com editors, who should be applauded for covering this story, really have little clue about the […]
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