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Alex Dovbnya
The value of the now-defunct Mt. Gox exchange could exceed a trillion dollars, according to Peter Vessenes
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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. …
Alex Dovbnya
USDC tokens are getting sent to exchanges at a rapid pace amid Bitcoin’s choppy trading streak
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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. …
Alex Dovbnya
Here’s how many Americans own cryptocurrencies, according to Coinbase co-founder Fred Ehrsam
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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. …
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.…
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.…
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.…
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. …
Alex Dovbnya
Veteran trader John Bollinger has taken notice of Bitcoin’s “perfect” double bottom
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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.…
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. …
Alex Dovbnya
A potentially iconic tweet posted by centibillionaire Elon Musk has been recorded on the Bitcoin blockchain
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How history gets recorded on the blockchain
Elon Musk finally embraces Bitcoin
A tweet posted earlier today by Tesla CEO Elon Musk has been immortalized on the Bitcoin blockchain.…
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