PayPal is said to be in the process of buying Curv, a technology firm that powers the secure storage of cryptocurrency, news outlet CoinDesk reported Tuesday, citing three sources familiar with the situation. From the report: Israeli news outlet Calcalist reported Tuesday that Curv was being sold for between $200 million and $300 million, without naming the buyer. “PayPal is buying…
Tag: crypto
Google Finance Adds Crypto Data Tab For Bitcoin, Ether, Litecoin and Bitcoin Cash
Google Finance now has a dedicated “crypto” field for bitcoin, ether, litecoin and bitcoin cash. CoinDesk reports: Right at the top of the page, where users can “compare markets,” crypto is listed among the five default markets, which also includes U.S., Europe, Asia and “Currencies.” At the moment, it appears Google Finance only tracks a limited number of cryptocurrencies. Bitcoin, ethereum,…
Bill Gates, Elon Musk Both Warn ‘Don’t Go Too Far with Crypto Speculation’
From a report:
Microsoft CEO Bill Gates has an interesting take on who should buy Bitcoins. He being the third richest man in the world said that Bitcoins are not for him because he has less money than Tesla CEO Elon Musk. So basically anybody who has less money than Musk should not invest in Bitcoin… Gates during an interview with Bloomberg…
Dropping Nearly 20%, Bitcoin Suffers Worst Weekly Drop in a Year
“Bitcoin’s rally this year has hit a speed bump, putting it on track for the worst weekly slide in almost a year amid wider losses in risk assets,” reports Fortune: The largest cryptocurrency slumped as much as 20% this week, the most since March, and was holding at about $46,925 as of 10:22 a.m. in Hong Kong. The wider Bloomberg Galaxy…
Coinbase Says Entire Crypto Market Could Destabilize if Bitcoin’s Creator is Ever Revealed or Sells Their $30 Billion Stake
Coinbase on Thursday released documents for its public debut on the Nasdaq stock exchange via a direct listing. In the filing, the digital trading platform cited as a risk factor Bitcoin’s creator, Satoshi Nakamoto — the pseudonym used by the person or group of people who created bitcoin. From a report: If the identity of the creator was revealed, it could…
NVIDIA Limits RTX 3060 Crypto Speeds As it Introduces Mining Cards
Worried that the GeForce RTX 3060 will be sold out as cryptocurrency miners snap up every GPU in sight? NVIDIA thinks it has a simple way to help: make the new card unattractive to the crypto crowd. From a report: The company has revealed that it’s cutting the hash rate (mining efficiency) of the RTX 3060 in half for Ethereum miners….
New York Sues To Shut Down ‘Fraudulent’ Coinseed Crypto Platform
New York’s attorney general filed a lawsuit on Wednesday to shut down the cryptocurrency platform Coinseed for allegedly defrauding thousands of investors, including by charging hidden trading fees and selling “worthless” digital tokens. From a report: Attorney General Letitia James said Coinseed traded cryptocurrencies such as bitcoin without registering as a broker-dealer, and sold “CSD” tokens without authorization to raise money…
Bitcoin Jumps To $50,000 as Record-Breaking Rally Accelerates
Bitcoin blew through another milestone, surging past $50,000 for the first time as the blistering rally in the largest cryptocurrency continues to captivate investors worldwide. From a report: The world’s largest cryptocurrency jumped as much as 4.9% to $50,548 and is now up about 70% so far this year. Bitcoin pared its gain after setting the record high. Ether, a rival…
270 Addresses Are Responsible for 55% of All Cryptocurrency Money Laundering
Criminals who keep their funds in cryptocurrency tend to launder funds through a small cluster of online services, blockchain investigations firm Chainalysis said in a report last week. From a report: This includes services like high-risk (low-reputation) crypto-exchange portals, online gambling platforms, cryptocurrency mixing services, and financial services that support cryptocurrency operations headquartered in high-risk jurisdictions. Criminal activity studied in this…
How the NSA-led US Cyber Command Wishes You a Happy Valentine’s Day
Slashdot reader DevNull127 writes: The U.S. Cyber Command, headed by the National Security Agency’s director, has been a part of America’s Department of Defense since 2009. Today this unified combatant command wished its followers on Twitter a happy Valentine’s Day, adding “As our gift to you, we present 12 crypto challenges designed by the information security community. “Love is in the…