Business/Financial

Kleiman v Wright: Court Adds Interest to $100M Judgment, Bringing Total to $143M

Judge Beth Bloom has granted a request by Ira Kleiman’s attorneys to add pre-judgment interest to the $100 million awarded to W&K in last year’s Kleiman v Wright lawsuit.  Wright's attorneys had not objected to the addition of prejudgment interest.

Submitted by Aaron Goldstein on, Mar/09/2022

BitConnect Founder Indicted Over $2.4B Ponzi Scheme Has Vanished

BitConnect Founder Indicted Over $2.4B Ponzi Scheme Has Vanished

Satish Kumbhani, the indicted founder of BitConnect, has vanished.   US authorities have no idea where he might be.

Submitted by Aaron Goldstein on, Mar/08/2022

Biden Executive Order on Cryptocurrency Expected This Week

Biden Executive Order on Cryptocurrency Expected This Week

President Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded.

Submitted by Associated Press on, Mar/07/2022

Who is Trying to Control, Manipulate or Destroy Bitcoin?

Who is Trying to Control, Manipulate or Destroy Bitcoin?

Bitcoin could be in trouble down the road with a number of bad actors and government influences standing in the way.  Our colleagues over at CoinGeek illustrate a few examples.  These include criminals, political regimes, Ideologues and ‘Rent’ Seekers / Privilege Seekers, to name a few.

Submitted by Aaron Goldstein on, Mar/03/2022

Ira Kleiman Denied a New Trial in Bitcoin Craig "Satoshi" Wright Case

Kleiman claimed that the defence violated certain pre-trial orders over the course of the trial, necessitating a new one.

Submitted by Aaron Goldstein on, Mar/01/2022

Crypto Exchange Binance Blocks Some Russian Users: Bitcoin Price Surges

While Binance says it plans to block users targetted by sanctions, the cryptocurrency exchange insists it cannot "unilaterally freeze millions of innocent users’ accounts.”

Submitted by Aaron Goldstein on, Feb/28/2022

The Case for Bitcoin as ‘Digital Gold’ is Falling Apart

The Case for Bitcoin as ‘Digital Gold’ is Falling Apart

Some of the recent downward spiral is tied to the Russian invasion of Ukraine but Calvin Ayre continues to insist "Bitcoin is a ponzi scheme".

Submitted by Gilbert Horowitz on, Feb/23/2022

The BSV Blockchain Has Outgrown Its Early Stages: Now What?

With monumental growth comes necessary change. The BSV Blockchain witnessed 2GB blocks, millions of daily transactions and amazing blockchain product innovation.

Submitted by Aaron Goldstein on, Feb/16/2022

McCormack Will Now Have to Face Satoshi Defamation Trial in May

McCormack Will Now Have to Face Satoshi Defamation Trial in May

At least one blogger is finding out the hard way he can't just post untruths without facing potential consequences.

Submitted by Jagajeet Chiba on, Feb/02/2022

CoinGeek Conference is evolving into the Global Blockchain Convention

CoinGeek Conference is evolving into the Global Blockchain Convention

The team behind the globally recognized CoinGeek Conferences, the biggest BSV Blockchain events in the world, is unveiling its newest incarnation entitled the BSV GLOBAL BLOCKCHAIN CONVENTION.

Submitted by Press Release on, Jan/31/2022

Facebook’s Crypto Demise is a Missed Opportunity

Facebook’s Crypto Demise is a Missed Opportunity

WASHINGTON (Reuters Breakingviews) - Facebook’s cryptocurrency experiment is a tale of what could have been. Diem Association is winding down under regulatory pressure, the Wall Street Journal https://www.wsj.com/articles/facebooks-cryptocurrency-venture-to-wind-down-sell-assets-11643248799?mod=hp_lead_pos4 reported on Wednesday, less than three years after the digital asset group’s splashy launch. The involvement of the social network, whose parent was renamed Meta Platforms, proved toxic.

Submitted by Reuters on, Jan/28/2022

El Salvador President Trades Bitcoin Naked and Now Country is Left Exposed

El Salvador President Trades Bitcoin Naked and Now Country is Left Exposed

“El Salvador now has the most distressed sovereign debt in the world, and it’s because of the Bitcoin folly,” economist Steve Hanke told Fortune. “The markets think that Bukele’s gone mad, and he has.”

Submitted by Jagajeet Chiba on, Jan/26/2022

Cryptocurrency to be Spotlighted on Dr. Phil Tuesday: Scam or Not?

Cryptocurrency to be Spotlighted on Dr. Phil Tuesday: Scam or Not?

Dr. Phil tackles the controversial topic of cryptocurrency: digital currencies that are being hailed as the future of finance by some and a scam by others. This show airs on Tuesday in most markets.

Submitted by Aaron Goldstein on, Jan/25/2022

Bitcoin Skids to Six-Month Low as Fears of Ukraine Conflict Shake Markets

Bitcoin Skids to Six-Month Low as Fears of Ukraine Conflict Shake Markets

Bitcoin tumbled almost 9% on Monday to its lowest in six months as fears of a Russian attack on Ukraine saw riskier assets worldwide extend their sell-off.

Submitted by Reuters on, Jan/24/2022

Bookie Agent App for Paying and Collecting Money Without Having to Meet Face to Face

Bookies: You Don't Have to Meet Your Players to Pay Them Any More With This App

Introducing Agent Payment 4K.  It's a complete player payment control app only available at Power Pay Per Head. 

Submitted by Aaron Goldstein on, Jan/20/2022

The Fed May Create a US Digital Currency

The Fed May Create a US Digital Currency

The central bank just released a 40-page study on the benefits and risks of a central bank digital currency (CBDC).  The agency avoided taking any type of stance on the matter.

Submitted by Aaron Goldstein on, Jan/20/2022

Russia Proposes Ban on Use and Mining of Cryptocurrencies

Russia Proposes Ban on Use and Mining of Cryptocurrencies

Russia's central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability, citizens' wellbeing and its monetary policy sovereignty.

Submitted by Aaron Goldstein on, Jan/20/2022

Custom Bookie Websites: Get Yours for Free

You do not have to go back all that far to remember the days when a sports bookmaker conducted the majority of their business with a pen and a pad of paper.

Submitted by Matt Skinner on, Jan/17/2022

Costa Rica Hydro Plant Gets New Lease on Life From Crypto Mining

Costa Rica Hydro Plant Gets New Lease on Life From Crypto Mining

A small river in the middle of coffee plantations, sugar cane fields and a forest provides energy to a hydroelectric power plant in Costa Rica that feeds hundreds of computers wired up to the cryptocurrency mining business.

Submitted by Reuters on, Jan/14/2022

Ayre Tells Market Watch: "For Sure Bitcoin is a Ponzi Scheme"

Ayre Tells Market Watch: "For Sure Bitcoin is a Ponzi Scheme"

Calvin Ayre says Bitcoin SV is powered by a revolutionary technology that has many useful applications, while the digital currency most people know as Bitcoin is useless and a fraud.

Submitted by Aaron Goldstein on, Jan/12/2022

Bloomberg: Bitcoin Death Cross Is Staring Down Bulls After a Painful Retreat

Bloomberg: Bitcoin Death Cross Is Staring Down Bulls After a Painful Retreat

Bloomberg warned of crypto being mired in a drawdown as the Fed readies a stimulus withdrawal and the IMF issued its latest warning on crypto risk to financial markets.

Submitted by Aaron Goldstein on, Jan/11/2022

Pay Per Head Sportsbook Demo

Pay Per Head Sportsbook Demo

A pay per head sportsbook service allows people to become bookies and accept action on various sports.

Submitted by Guest on, Jan/09/2022

BSV Blockchain Makes Lasting Impression at CES 2022: Who Knew Blockchains Could Scale

CES has always been a window into what the world of technology will look like down the line.  With this in mind, it shouldn't come as a big surprise that our friends representing the BSV Blockchain would make their way to Vegas this week to take full advantage of those seeking to incorporate blockchain technology into their own business platforms.

Submitted by Aaron Goldstein on, Jan/07/2022

Kazakhstan Crackdown Hits Crypto Miners

Kazakhstan Crackdown Hits Crypto Miners

The price of Bitcoin has fallen more than 15% in the last month and that trend continued Thursday with the digital coin price coming in just under 43,000.

Submitted by Aaron Goldstein on, Jan/06/2022

Ira Kleiman Attorneys Beg Court for New Trial Following Landmark Bitcoin Case

Ira Kleiman Attorneys Beg Court for New Trial Following Landmark Bitcoin Case

In the filing, Ira’s attorneys complain that the defendants violated an earlier court order during the trial which prohibited them from introducing evidence as to the relationship between Ira and his late brother.

Submitted by Aaron Goldstein on, Jan/05/2022

A Year of Regulations for Bitcoin, Other Digital Currencies

A Year of Regulations for Bitcoin, Other Digital Currencies

Gavin Lucas of CoinGeek writes that savvy entrepreneurs in the space are positioning themselves to be in good standing with the SEC and not run afoul of the law.

Submitted by Aaron Goldstein on, Jan/04/2022

Power Pay Per Head Offers Local Bookies Premium Sport Gambling Software Online

The Pay Per Head industry continues to evolve in an ever-changing technological environment where what was all the rage last year is already obsolete.

Submitted by Guest on, Jan/03/2022

6 Influential Digital Currency Trends That Emerged in 2021

6 Influential Digital Currency Trends That Emerged in 2021

For anyone that's even been casually following the space, the top talk of 2021 was undoubtably centered around NFTs.  But there was much more.

Submitted by Aaron Goldstein on, Dec/27/2021

COPA Case is Bigger Than Kleiman v Wright

COPA Case is Bigger Than Kleiman v Wright

“This will be the ultimate ‘put up or shut up’ case regarding the creation of Bitcoin," Director of Entrepreneurial Education T.K. Coleman points out. 

Submitted by Aaron Goldstein on, Dec/21/2021

Tesla Will Accept Dogecoin as Payment for Some of Merchandise

Tesla Will Accept Dogecoin as Payment for Some of Merchandise

Dogecoin went from being worth just a fraction of a penny at the start of 2021 to notching a record-high price above 74 cents in May. It now sits at just below 20 cents a coin.

Submitted by Aaron Goldstein on, Dec/14/2021

Breaking News

Police ID Man Held in Calif. After Allegedly Mowing Down Casino Manager With SUV

Police ID Man Held in Calif. After Allegedly Mowing Down Casino Manager With SUV

Las Vegas police have identified a man with a criminal history who was arrested in Southern California in the death of a Las Vegas slot machine parlor manager trying to stop a purse snatching.

When Will Sports Betting Apps Be Available in the State of Ohio?

When Will Sports Betting Apps Be Available in the State of Ohio? 3000 Licensing Apps Expected?

Sports bettors in Ohio will continue to use 'ol reliable sites like BetOnline to place their wagers as the state announced its own apps will not be available until at least January 2023.

Dow Jones Betting Total Closing Day June 30 Now 32250.5 Points

Dow Jones Betting Total Closing Day June 30 Now 32250.5 Points

The Dow sank 1,000 points on Wednesday, or 3.2%, as dismal results from Target renew fears that inflation is battering companies.