Day: April 9, 2020

Bitcoin Mining Hardware Maker Reports $148M Net Loss in 2019

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Nasdaq-listed Bitcoin mining equipment manufacturer, Canaan, reported a net loss of $148 million for 2019, according to the latest financial results filed with the Securities and Exchange Commission (SEC). The latest unaudited Q4 and 2019 financial results from the China-based company said that its total 2019 net revenue was $204.3 million. This represents approximately half of the $384 million the company generated in 2018. Total net revenue increased in Q4 2019 In the same quarter, the companyโ€™s total net revenue increased by 66.8%, representing $66.5 million. This was more than…

Pomp and Kiyosaki Question the Fedโ€™s Actual Role

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Morgan Creek Digital co-founder and partner, Anthony Pompliano, expressed his view that the U.S. Federal Reserve may not quite be what it seems. His statement came in response to Robert Kiyosakiโ€™s own claims about the Federal Reserve.ย  โ€œRobert’s belief that the Federal Reserve is not a bank, not federal, and has no reserve is directionally correct,โ€ Pomp told Cointelegraph when asked of his own opinions on Kiyosakiโ€™s claims about the Fed. โ€œThis is an important point to make sure that people understand as they pursue a deeper understanding of how…

Hundreds of Darknet Listings Are Selling Masks and PPE Products for Bitcoin

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According to a recent research report written by the blockchain surveillance firm Elliptic, thereโ€™s been a massive influx of darknet market (DNM) vendors selling personal protective equipment (PPE) like masks and coronavirus test kits. The spike in medical equipment sales on the invisible web during the month of March, follows Ebay and Amazonโ€™s decision to remove all third-party PPE suppliers who sell masks and disinfection products on the websites. Also read: Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency Spending Report Shows Hundreds of Personal Protective Equipment Listings Can…

Anthony Pompliano Discloses His Investment Strategy in Times of Crisis

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In an exclusive interview with Cointelegraph, Anthony โ€œPompโ€ Pompliano explained why Bitcoin is the best asset to preserve wealth in the upcoming future.ย  Pompliano reconfirmed his bullishness on Bitcoin, revealing he bought more if it right after the latest market crash, when most investors sought refuge in the U.S. dollar.ย  When asked whether there may be more investment-worthy cryptocurrencies on the market, Pomp pointed out that โ€œmoney is a belief system, and until now the market believes that Bitcoin is more valuable than everything elseโ€. The halving canโ€™t be priced-inย …

HOW I LOST MY BITCOIN INVESTMENTS

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Original Upload Date: February 9th, 2018 Original URL: Original Description: THOROUGHLY RESEARCH … โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

Facebook Sues User for Cloaking Ads for Fake COVID-19 News and Crypto Scams

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Facebook and Instagram filed suit against a user who, they allege, operated a cloaking service that allowed ads for a range of scams to slip through the advertisement reviews for both platforms. Facebookโ€™s accusations and request for relief In a civil complaint filed with a federal court in San Francisco on April 9, the social media giants accuse Bassant Gaijar of operating LeadCloak, a software provider specializing in cloaking ads.ย  Per the complaint, Gaijarโ€™s: โ€œcloaking services were used to promote, among other things, deceptive diet pills and pharmaceuticals, cryptocurrency investment…

Bitcoin Cash (BCH) Climbs Higher After Halving Event

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HomeNewsBitcoin Cash NewsBitcoin Cash (BCH) Climbs Higher After Halving Event One of the most crucial events in the lifetime of most cryptocurrencies is its halving event. Bitcoin Cash (BCH) had its much-anticipated halving on Wednesday. BCH had its first block reward halving yesterday, and the event resulted in a rally in the cryptocurrency. After the halving, BCH soared by 15% over the past 24 hours, and it will likely be in focus over the course of the coming days. Is Halving a Bullish Sign? A halving measure generally involves providing…