Ignatova was the leader and public face of the OneCoin project, which was started in Bulgaria in 2014. Ignatova told investors that the OneCoin cryptocurrency could be mined and had actual value. In reality, however, OneCoin did not exist on a blockchain and Ignatova and her team manipulated its perceived value through the automatic generation of new coins. Source
Month: June 2022
Could an Earnings Recession Lead to More Pain for Crypto? – Blockchain News, Opinion, TV and Jobs
By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin fell further this morning to $19,000, as it trades below the 200-weekly SMA. So far, Bitcoin has not retested this level as resistance, but if it does and rejects back down, this would be a very bearish signal. This is because it would be the first time that this level has been broken on a long-time frame and could suggest an extended bear market is on the horizon. There is a “risk off” tone in European markets this morning which…
Integrating blockchain-based digital IDs into daily life
The last 13 years have seen blockchain technology evolve into numerous use cases — finance, data, logistics and security, among others. However, the idea of using blockchain’s immutable capabilities to ID humans got new life when Changpeng “CZ” Zhao visited the island country of Palau to kick off its digital residency program. The blockchain identity management market is estimated to grow by $3.58 billion in the span of five years from 2021 to 2025. Key factors include the rising demand for digitalization and privacy-respecting identity solutions. As a result, a…
FTX Passed on Deal to Purchase Celsius Due to Deficient Balance Sheet: Report
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Bitcoin Mining Worth It? Bitmain Antminer S19 Review
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin Mining Worth It? Bitmain Antminer S19 Review Bitcoin mining is crazy profitable so let’s review the best Bitcoin miners you can buy, specifically the Bitmain Antminer S19 and S19xp! Earning passive income mining Bitcoin is profitable! Subscribe to VoskCoin – Buy a BTC miner from Mining Syndicate here – Get 3% off your Bitcoin miner using code VOSKCOIN3 Onemizer street artist drops NFT collection! It’s better to buy a Helium miner than a Bitcoin miner – The Bobcat Miner 300 is…
What’s Protocol Monetary Trade Policy, and Why Is it Such a Big Deal?
Innovations that push boundaries tend to generate buzz before they’re fully adopted by the broader DeFi community. Protocol Monetary Trade Policy is the newest one on the horizon. It’s already considered by some as the evolution of liquidity mining, despite being relatively new in the space. The policy’s proponents say it will greatly benefit the DeFi ecosystem, but it’s worth examining exactly what Protocol Monetary Trade Policy is, how it compares to traditional DeFi economics, and whether it truly has the potential to revolutionize the crypto-economic space. What is Protocol…
Thailand’s Crypto Utopia — ‘90% of a cult, without all the weird stuff’ – Cointelegraph Magazine
The story of how a Bitcoin OG set up a Libertarian crypto community and commune for digital nomads on beautiful islands in Thailand three times — and why he hasn’t yet given up on the dream. It’s a wild tale involving “unchecked merrymaking,” crypto-influencers, police grillings, seasteading, a reported $20,000-a-month burn rate, rumors about shamans and drugs — and a major collision between idealism and reality. It was also, by all accounts, a whole lot of fun. Cryptopia became the House of DAO, and a new version is…
Bitcoin cae a $19K tras nuevas advertencias de inflación por parte de la Fed
El mercado de valores de EE. UU. cayó tras los comentarios de Powell, con los futuros de S&P 500 perdiendo 1,59% y los de tecnología pesada de Nasdaq 100 disminuyendo 1,9%. Los mercados asiáticos fueron a rojo: el Nikkei de Japón a la cayó 1,54% y el índice Asian Dow, 1,14%. Source
Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection – Finance Bitcoin News
Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging the securities regulator’s decision to reject its application to convert the Grayscale Bitcoin Trust to a spot bitcoin exchange-traded fund (ETF). Grayscale Takes SEC to Court Over Spot Bitcoin ETF Application Grayscale Investments filed a “petition for review” Wednesday challenging the decision by the U.S. Securities and Exchange Commission (SEC) to deny the company’s application to convert the Grayscale Bitcoin Trust (GBTC) to a spot bitcoin exchange-traded fund…
First Mover Americas: BTC Down 40% in June, SEC Rejects Grayscale’s BTC ETF Application
The latest price moves in bitcoin ($BTC) and crypto markets in context, for June 30, 2022. Source