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Cryptocurrency Markets Surge Tuesday, Politician Implicated in Crypto Extortion Case, Interview With the Troll Slayer

Written by:
Guest
Published on:
Jun/19/2018

The Cryptocurrency market added $12 Billion in just a 24 hour period heading into Tuesday and the surge continued.

From CCN:

The Bitcoin price rebounded from $6,300 to $6,700, breaking a descending trendline since May 3, when BTC achieved $10,000. While it is too early to conclude that BTC has entered into a mid-term rally given that it is still likely for BTC to fall below the $6,000 mark in the short-term, the cryptocurrency market has gained a breathing room from the recent major correction that began in early May.

Former Indian Politician Declared ‘Offender’ in $1.3 Million Bitcoin Extortion Case

According to a report by the Indian Express on Monday, a local sessions court in Ahmedabad, a city in western India, has allowed a request by the Criminal Investigation Department (CID) to declare Nalin Kotadiya an absconder from the law.  Read More

Troll Slayer: Derek Magill Defends Peer-to-Peer Electronic Cash Against Defamation

What is a proud college dropout, world traveler, Ayn Rand devotee, and son of an international arms dealer doing artfully, doggedly defending bitcoin as a form of cash? Not even out of his 20s, Derek Magill is many times wiser than his chronological age lets on. In fact, he’s arguably the most important apologist around when it comes to bitcoin cash (BCH). Through rational arguments, funny retorts, solid philosophical foundations, he’s developed quite a following. He’s even started his own think tank, The Nakamoto Studies Institute, to document BCH’s importance in monetary history. News.Bitcoin.com caught up with the troll slayer for an exclusive interview.

- Aaron Goldstein, Gambling911.com

Business/Financial News

California Fintech, Founders Settle SEC Crypto Fraud Claims

California Fintech, Founders Settle SEC Crypto Fraud Claims

The SEC said in filings in Los Angeles federal court on Wednesday that Uulala Inc and founders Oscar Garcia and Matthew Loughran raised $9 million from investors between 2017 and 2019 through an unregistered initial coin offering.

Bitcoin Ecosystem Rallies to Repel Doomed Re-Org Attacks

Bitcoin Ecosystem Rallies to Repel Doomed Re-Org Attacks

The attacks work like this: a miner accumulates hash power and creates a chain of competing BSV blocks in secret, which contain transactions written to benefit the attacker, such as by double-spending BSV by appearing to deposit it into an exchange wallet.

What Do Broken Down McDonald's Milkshake Machines Have to Do With a Bitcoin Mastercard Conspiracy?

If franchisees want to switch solutions, the only option that the parent corporation allows is to switch to a software “upgrade” called “Powerhouse Dynamics,” which is owned by the parent company of Taylor, so you can't really escape the system.  Enter Mastercard's similar setup with Bitcoin.

The Crypto Beat - July 28, 2021: Bitcoin Crosses Over $40K Again

The Crypto Beat - July 28, 2021: Bitcoin Crosses Over $40K Again

Plus EU’s ban on anonymous digital currency transfers—a deep dive....cryptocurrency won't be so anonymous any more. 

Bloomberg: DOJ Probing Tether of Bank Fraud

Bloomberg: DOJ Probing Tether of Bank Fraud

A U.S. probe into Tether, a digital token widely used to trade Bitcoin, is looking into whether executives behind the digital token committed bank fraud, a potential criminal case that would have broad implications for the cryptocurrency market, according to a report filed by Bloomberg News Monday morning.

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