Business/Financial

El Salvador's Bitcoin City Lacks Sewage Treatment Plan

It's already been determined there will be no tax on income, capital gains, payroll or property.  What could possibly go wrong?

Submitted by Jagajeet Chiba on, Nov/25/2021

First "Bitcoin City" is Coming to El Salvador

First "Bitcoin City" is Coming to El Salvador

El Salvador would initially issue a $1 billion bond backed by bitcoin to begin raising funds for the planned city.

Submitted by Jagajeet Chiba on, Nov/21/2021

Bitcoin Bloodbath as the Big Reveal is Almost Here

Bitcoin Bloodbath as the Big Reveal is Almost Here

Bitcoin has crashed to $56,770 as of Thursday evening, representing a greater than 12% loss on the week, down from just over $66,000.  Meanwhile a Miami jury is set to decide once and for all the true identity of Bitcoin's founder in just a matter of days.

Submitted by Jagajeet Chiba on, Nov/18/2021

Royal Australian Air Force (RAAF) Wing Commander Donald Lynam: Wright is Satoshi

Royal Australian Air Force (RAAF) Wing Commander Donald Lynam: Wright is Satoshi

And he claims Wright ‘was the sole author of the Bitcoin white paper’ as he testifies in the Kleiman-Wright trial Thursday.

Submitted by Aaron Goldstein on, Nov/18/2021

Kleiman vs. Wright Case: Defense to Call Expert Witness Likely to Show Hard Drives Tampered With

Kleiman vs. Wright Case: Defense to Call Expert Witness Likely to Show Hard Drives Tampered With

On Tuesday, the plaintiffs concluded their presentation as to why the jury should believe Ira Kleiman when he says he is entitled to what he says is his late brother Dave Kleiman's share of Dr. Craig Wright’s $74 billion fortune.

Submitted by Aaron Goldstein on, Nov/16/2021

Bitcoin Slips Below $60,000 First Time in More Than Two Weeks

Bitcoin Slips Below $60,000 First Time in More Than Two Weeks

Bitcoin, the world's biggest and best-known cryptocurrency, slipped below $60,000 on Tuesday, taking losses from a record high of $69,000 struck on Nov. 10 to more than 12%.

Submitted by Reuters on, Nov/16/2021

Kyle Bass Says The Big Money Already Made in Bitcoin: Where to Put Your Cash Now

Kyle Bass Says The Big Money Already Made in Bitcoin: Where to Put Your Cash Now

Forget bitcoin as the “perfect substitute or a great substitute for gold and/or an inflation protector," Kyle Bass, chief investment officer of Hayman Capital Management, told Market Watch over the weekend.

Submitted by Aaron Goldstein on, Nov/15/2021

CoinBase Hit With Lawsuit Over Hacked Accounts

CoinBase Hit With Lawsuit Over Hacked Accounts

Hackers stole from the accounts of at least 6,000 customers of Coinbase Global Inc (COIN.O), according to a breach notification letter sent by the cryptocurrency exchange to affected customers.

Submitted by Aaron Goldstein on, Nov/13/2021

Could Taproot’s ‘Privacy’ Features Make BTC Illegal?

Could Taproot’s ‘Privacy’ Features Make BTC Illegal?

Bitcoin (CCC:BTC-USD) crypto is set to undergo a major upgrade on Nov. 16 called Taproot and our colleagues over at CoinGeek suggest their could be consequences even if an initial boost in price is realized.

Submitted by Aaron Goldstein on, Nov/12/2021

Wright Attorneys Warn Exchanges They May Not Be Able to Use Bitcoin Name

Wright Attorneys Warn Exchanges They May Not Be Able to Use Bitcoin Name

Coinbase reportedly fails to notify investors of potential legal action according to a report filed by our colleagues CoinGeek.

Submitted by Jagajeet Chiba on, Nov/11/2021

Trial of the Century: Dr. Craig Wright Says Starting Bitcoin "Basically Ended My Marriage"

Trial of the Century: Dr. Craig Wright Says Starting Bitcoin "Basically Ended My Marriage"

Wright described the relationship between himself and Dave Kleiman, including the role Dave played in his decision to embark upon the Bitcoin project—against the wishes of his own wife at the time.

Submitted by Aaron Goldstein on, Nov/10/2021

The Crypto Gambling Market Continues to Boom During the Pandemic

Cryptocurrency gambling is an activity that looks to have gone past the stage of being a fad and one that will be here to remain for a very, very long time to come.

Submitted by Payton on, Nov/10/2021

Kurt Wuckert Jr Breaks Down What Transpired in the Kleiman-Wright Trial Tuesday

The Ira Kleiman vs Dr. Craig S. Wright trial continued Tuesday.  Why it matters:  A Miami jury is ultimately tasked with determining the legal identity of Satoshi Nakamoto, author of the Bitcoin white paper and the legal owner of nearly $69 billion in Bitcoin.  Whomever gets that $69 billion in Bitcoin will automatically become one of the twenty richest men in the world.

Submitted by Aaron Goldstein on, Nov/09/2021

Bitcoin, Ether Scale New Peaks as Enthusiasm for Cryptocurrency Adoption Drives Flows Into Asset Class

Bitcoin and ether made record peaks in Asia trade on Tuesday, with enthusiasm for cryptocurrency adoption and worry about inflation driving momentum and flows into the asset class.

Submitted by Reuters on, Nov/09/2021

A Jury Set to Determine Identity of Bitcoin Founder Satoshi

We should be learning the true identity of Bitcoin's founder and who will ultimately possess a BTC wallet that will make that individual the 15th richest person in the world.

Submitted by Aaron Goldstein on, Nov/05/2021

Ethereum Hits Record Price Tuesday

Ethereum Hits Record Price Tuesday

The price of cryptocurrency Ethereum hit an all-time high Tuesday as a result of the buzz surrounding the metaverse and NFTs.

Submitted by Aaron Goldstein on, Nov/02/2021

Kleiman v Wright 2021 Bitcoin Court Case Begins November 1

Kleiman v Wright 2021 Bitcoin Court Case Begins November 1

As the crypto world continues to see record pricing (Bitcoin for the first time shot above $60,000) there is a court case that is about to kick off Monday that could ulltimately shake the sector to its core.

Submitted by Aaron Goldstein on, Oct/29/2021

CoinList CEO Sees Bitcoin Hitting $100K By Start of Next Year But Supply Chain Backup Stands in Way

CoinList CEO Sees Bitcoin Hitting $100K By Start of Next Year But Supply Chain Backup Stands in Way

The digital currency hit a record high of $66,000 on October 20 following the launch of a hotly-anticipated U.S. Bitcoin futures ETF.

Submitted by Aaron Goldstein on, Oct/28/2021

Critics Question Utility’s Bitcoin-Mining Data Center

Missouri’s largest utility has set up a data center at the site of one of its coal-fired power plants that it is using to mine the Internet for bitcoins.

Submitted by Associated Press on, Oct/27/2021

Mastercard Expands Cryptocurrency Services With Wallets, Loyalty Rewards

Mastercard Expands Cryptocurrency Services With Wallets, Loyalty Rewards

Mastercard Inc said on Monday it would allow partners on its network to enable their consumers to buy, sell and hold cryptocurrency using a digital wallet, as well as reward them with digital currencies under loyalty programs.

Submitted by Reuters on, Oct/26/2021

Bitcoin Bull Mark Yusko Sees Trouble at $60,000

Bitcoin Bull Mark Yusko Sees Trouble at $60,000

Speaking to CNBC this week, hedge fund manager Mark Yusko believes investors will take profits due to the cryptocurrency’s sharp rally over the last few weeks.

Submitted by Aaron Goldstein on, Oct/17/2021

U.S. Becomes Largest Bitcoin Mining Centre After China Crackdown

U.S. Becomes Largest Bitcoin Mining Centre After China Crackdown

The United States has overtaken China to account for the largest share of the world's bitcoin mining, data published on Wednesday by Britain's Cambridge Centre for Alternative Finance showed.

Submitted by Reuters on, Oct/14/2021

Fake News: How an Elaborate Hoax in the Crypto Space Led to Death Threats

Fake New: How an Elaborate Hoax in the Crypto Space Led to Death Threats

We can probably speak on behalf of CoinGeek when we say, near and dear to our hearts was today's panel on Media Influence: How News Reporting Affects the Digital Asset Market.  Like Gambling911.com, CoinGeek we know strives to report fair and balanced news.  But not every story out there in the digital assets space proves to be factual. 

Submitted by Jagajeet Chiba on, Oct/06/2021

Bitcoin SV as Turing Complete System

Bitcoin SV as Turing Complete System

There is a controversy that's been emerging in the cryptocurrency community that claims Bitcoin cannot be used as a turing complete system.  In computability theory, a system of data-manipulation rules is said to be Turing-complete or computationally universal if it can be used to simulate any Turing machine, meaning the ability to recognize or decide other data-manipulation rule sets.

Submitted by Aaron Goldstein on, Sep/29/2021

CoinGeek NYC Live or Virtual: One Week to Go

CoinGeek NYC Live or Virtugal: One Week to Go

There’s only a week left until the CoinGeek Conference in New York City. And as a proud association partner, Bitcoin Association is inviting you to watch the final round of the 4th BSV Hackathon during the conference!

Submitted by Aaron Goldstein on, Sep/28/2021

China's Top Regulators Ban Crypto Trading and Mining, Sending Bitcoin Tumbling

China's Top Regulators Ban Crypto Trading and Mining, Sending Bitcoin Tumbling

China's most powerful regulators on Friday intensified a crackdown on cryptocurrencies with a blanket ban on all crypto transactions and mining, hitting bitcoin and other major coins and pressuring crypto and blockchain-related stocks.

Submitted by Reuters on, Sep/25/2021

Oregon Ducks Star Kayvon Thibodeaux Launches Own Cryptocurrency

Oregon Ducks Star Kayvon Thibodeaux Launches Own Cryptocurrency

Oregon defensive end Kayvon Thibodeaux announced Thursday the launch of his own cryptocurrency.  The news comes following changes to the NCAA's name, image and likeness rules made in July.

Submitted by Aaron Goldstein on, Sep/23/2021

Businesses That Have Survived Rough Times

Businesses That Have Survived Rough Times

If you have an online iGaming project and you also want to expand it with sports betting, then it’s important to have high-functioning sportsbook software. Well, the aim of any gambling or betting site is to attract as many players as possible by providing them the best experience possible.

Submitted by C Costigan on, Sep/23/2021

Bitcoin Site Goes Dark After Apparent Hacking

Bitcoin Site Goes Dark After Apparent Hacking

Bitcoin.org, the website that was once the main landing portal for all things Bitcoin, today suffered an embarrassing hack that has already cost naive BTC users money.

Submitted by Aaron Goldstein on, Sep/23/2021

Bitcoin, Ether Slump as Market Selloff Widens

Bitcoin, Ether Slump as Market Selloff Widens

Cryptocurrency prices sank on Monday as concerns over the spillover risk to the global economy from Chinese property group Evergrande's (3333.HK) troubles spread across financial markets.

Submitted by Reuters on, Sep/21/2021

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