Mt. Gox Could Have Been “Trillion-Dollar Company”, According to CoinLab Co-Founder

Alex Dovbnya The value of the now-defunct Mt. Gox exchange could exceed a trillion dollars, according to Peter Vessenes Contents A $47.8 million plane ticket More future projects CoinLab co-founder Peter Vessenes is convinced that the defunct Mt. Gox exchange could have been a trillion-dollar company if it had been properly managed, according to his recent interview with Bloomberg. …
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Massive Inflows of Stablecoins Waiting on Sidelines as Bitcoin Hovers Above $33,000

Alex Dovbnya USDC tokens are getting sent to exchanges at a rapid pace amid Bitcoin’s choppy trading streak Contents Record-breaking stablecoin inflows A short-lived Elon Musk pump Glassnode CTO Rafael Schultze-Kraft has spotted “massive” inflows of USD Coin (USDC) to major cryptocurrency exchanges over the past month.       …
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Number of Americans Who Own Crypto Might Be Much Higher Than You Think

Alex Dovbnya Here’s how many Americans own cryptocurrencies, according to Coinbase co-founder Fred Ehrsam Contents Coinbase surpasses 40 million users   The U.K. is ahead in terms of crypto ownership       According to a recent tweet posted by Coinbase co-founder Fred Ehrsam, a whopping 10 percent of people now own cryptocurrencies in the United States.  …
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State of The Dark Web: Insights From The Underground

Lately, dark web actors have one more worry: getting caught by law enforcement. Tracking dark web illegal activities has been a cat-and-mouse game for authorities, but in the end, they often catch their adversaries and seize the dodgy money. On the night of the 2020 presidential election, for example, US government officials managed to empty out a $1 billion Bitcoin wallet recovering funds linked to Silk Road, seven years after the market’s closure.…
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Status of dark web: Insights from shady net

The rise of criminal gangs, malware-as-a-service and enhanced infrastructure for carrying out criminal actions are changing the dark web. Here’s what that means for business security Recently, dark web actors have additional stress: getting caught by law enforcement. Tracking dark web illegal actions has become a cat-and-mouse game for governments, but ultimately, they frequently catch their adversaries and grab the dodgy money.…
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Silk Road was founded 10 years ago, The first Dark Web market that accept Bitcoin

Key facts: Silk Road closed in October 2013 after being intervened by the FBI. Ross Ulbricht, the founder of the market, is sentenced to two life sentences. It’s been roughly ten years since January 2011, when Silk Road was set up, a site that has already closed and served as a market for illegal goods, accepting bitcoin (BTC) as a payment method.…
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Security News This Week: Update Your iPhone and iPad Now If You Haven’t Recently

Believe it or not, GameStop stock wasn’t the world’s only story this week. The last few days have been tumultuous for cybersecurity as well, especially after revelations that North Korean hackers targeted security pros with a campaign of convincing DMs. Lots of folks shared screenshots of how they dodged the bullet, but it’s still unclear how many more fell for the ruse. …
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John Bollinger Tweets About “Perfect W Bottom” as Bitcoin Struggles to Hold Gains

Alex Dovbnya Veteran trader John Bollinger has taken notice of Bitcoin’s “perfect” double bottom Contents Front-running Elon Musk’s Bitcoin embrace Bitcoin is plunging with stocks In his latest tweet, veteran trader John Bollinger has commented on the predictive power of his indicator that ostensibly foresaw Bitcoin’s latest upward move long before Elon Musk took to Twitter: It seems that Bollinger Bands have feelings.…
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Coinbase Infuriates Its Users by Disabling Purchases

Alex Dovbnya Cryptocurrency exchange Coinbase has disabled purchases of some cryptocurrency assets Cryptocurrency exchange Coinbase has halted USD purchases on its platform, with a plethora of users complaining about not being able to buy anything.  Anthony Pompliano of Morgan Creek Digital suggests that the issue might be caused by the ongoing liquidity crisis:  It could be a liquidity crisis where the exchanges don’t have enough supply to fulfill demand.          …
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