Day: December 2, 2021

10 WORST Cryptocurrency Investing Mistakes

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In 2013, Wired destroyed the key to 13 BTC now worth $760K… to make a point

There has been no shortage of people and institutions that woefully underestimated the potential of cryptocurrency. Among the ranks of once-were Bitcoin naysayers is Wired, which destroyed the private key to a Bitcoin (BTC) wallet holding 13.34623579 BTC back in 2013 in order to make the point the cryptocurrency was nothing more than an “abstraction”. The Bitcoin in the now inaccessible address is now worth $761,000. Author Robert McMillan (who now is a reporter with the Wall Street Journal) set up a Butterfy Labs Bitcoin mining rig in the corner…

Founder of Coin Signals Funds Pleads Guilty in Crypto Scam — Faces up to 10 Years in Prison – News Bitcoin News

The founder and manager of several cryptocurrency funds has pleaded guilty to luring investors to his crypto investment scam. His funds consistently lost money and his scam left investors with a $5 million loss, according to the U.S. Department of Justice (DOJ). Investors Scammed Into Investing in Coin Signals’ Funds The U.S. Department of Justice (DOJ) announced Tuesday that Jeremy Spence (aka Coin Signals) has pleaded guilty in a fraudulent cryptocurrency investment scheme. Spence “solicited over $5 million from more than 170 individual investors for various cryptocurrency funds that he…

$106M worth of Metaverse land sold last week: DappRadar

Four blockchain-based Metaverse projects generated more than $100 million worth of virtual land NFT sales last week according to data from DappRadar. A Nov. 30 post from the decentralized application (DApp) analytics firm reported that between Nov. 22 and Nov. 28 activity was “booming” on The Sandbox, Decentraland, CryptoVoxels and Somnium Space with a combined $105.8 million worth of trading volume between them from more than 6,000 traders: “Undoubtedly, Metaverse land is the next big hit in the NFT space. Outputting record sales numbers and constantly increasing NFT prices, virtual…

How to make bitcoin | no deposit | SL Manawaya

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David Marcus, The Latest Top Executive To Leave Meta/ Facebook’s Crypto Project

Another one bites the dust. David Marcus stepped down as the head of Novi, Meta/ Facebook’s fintech division. The company’s first order of business was to create a cryptocurrency, but regulators around the world were not keen on the idea. After a few missteps and name changes, they finally released a wallet called Novi to little fanfare. The coin, now named Diem, is still in development and unreleased. Related Reading | What Zuckerberg’s Meta Means for the Metaverse David Marcus Says Goodbye This is not the first time this happens,…

Bitcoin Shows Bearish Signs, Risk of Breakdown Below $56K

Bitcoin failed again to clear the $58,500 resistance against the US Dollar. BTC is declining and it might accelerate lower below the $56,000 support in the near term. Bitcoin is struggling to move above the $58,000 and $58,500 levels. The price is just trading above $57,000 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $57,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate lower if there is a clear break…

Crorepati बना देंगे आपको ये 5 Coins 🔥 Crypto News Today 💯

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Jury in Craig Wright lawsuit ‘cannot all agree on a verdict’

The court case between Australian Craig Wright and the estate of his now deceased friend David Kleiman over legal rights to tens of billions of dollars worth of Bitcoin mined by Satoshi Nakamoto could end in a mistrial if jurors remain deadlocked. Wright claims he used the pseudonym Satoshi Nakamoto when he invented Bitcoin. The case being deliberated began in 2018 when the estate of his associate Kleiman sued him on the grounds the pair were partners who’d invented and mined Bitcoin together By about 5PM UTC on Nov. 2,…

Global Crypto Market Cap Falls 7% in Past 24 Hours

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrencies fell on Tuesday, with Bitcoin sliding toward the $60,000 level and Ether close to its lowest levels this month. The global crypto market cap has dropped some 7% in the past 24 hours to $2.8 trillion, according tracker CoinGecko. Joanna Ossinger reports on “Bloomberg Surveillance: Early Edition.” ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version