All posts tagged with crypto
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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) 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) 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) 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) The second richest man in Japan recently lost a boatload of cash after deciding to sell his Bitcoin holdings, which he purchased at just about the worst possible time back in late 2017 when Bitcoin had reached all-time highs. Masayoshi Son, the billionaire founder of Softbank Group Corp., had experienced what many were […] -
-(Natural News) The creator of the popular peer-to-peer file transfer system known as BitTorrent is developing a brand new cryptocurrency that’s already being hailed as the eco-friendly alternative to Bitcoin. Set to be released this summer, “Chia” will rely on what are known as “proofs of time” that use far less energy than Bitcoin’s “proofs […] -
-(Natural News) In case you missed it, a major Canadian cryptocurrency exchange went belly-up earlier this year after its CEO was reported to have “died,” supposedly taking with him “to the grave” nearly $200 million worth of other people’s crypto assets. QuadrigaCX, as the exchange was once called, had, at one point, been the largest […] -
-(Natural News) The great bitcoin bull market of 2017 wasn’t the first bubble in the pioneering digital currency’s brief lifespan, and it might not be the last, but to this day, these losses still hurt, and what’s worse, for many of those who had chosen to hold on, coins have been stolen or lost thanks […] -
-(Natural News) The massive power outage that occurred throughout most of Venezuela earlier this month once again brought to light the important fact that, during a major “grid-down” event in which electricity is no longer available, cryptocurrencies like Bitcoin instantly become non-existent. Venezuela’s rolling blackout event reportedly left most of the socialist country in the […] -
-(Natural News) As the price of Bitcoin continues to hover substantially below $4,000 per coin, after reaching earlier all-time highs of around $20,000 per coin, venture capitalists appear to now be swooping in for the kill as they launch brand new crypto schemes using people’s pension funds as financial backing. According to reports, a previously […]
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