Greek Supreme Court is Violating Alleged Bitcoin Launderer’s Rights, Lawyer Argues

Greek Supreme Court is Violating Alleged Bitcoin Launderer’s Rights, Lawyer Argues The lawyer representing the alleged former operator of now-defunct crypto exchange BTC-e, Alexander Vinnik, has accused the Greek Supreme Court of “grossly violating” his rights, major Russian state-owned news agency TASS reported Nov. 19.39-year old Russian national Vinnik, a.k.a “Mr. Bitcoin,” was indicted by U.S.authorities and detained in Greece on July 25, 2017 on criminal charges…

Bitcoin Smart Contract Startup RSK Unveils New Infrastructure Project

Bitcoin Smart Contract Startup RSK Unveils New Infrastructure Project RSK Labs, the startup working on smart contract functionality for bitcoin by way of sidechains, is operating under a new banner as part of a wider reimagining of its development ecosystem. The newly-dubbed Root Infrastructure Framework (RIF) Labs is headed by many of the same individuals that…

BTC/USD Price Analysis: Hash Rate and Difficulty Drop, Bottoms Near

BTC/USD Price Analysis: Hash Rate and Difficulty Drop, Bottoms Near Latest Bitcoin News For the first time this year, Bitcoin prices did print below the $5,000 mark at CoinBase as reported and affirmed by statistics from CMC. While the losses were across the board, the marked drop in Bitcoin prices did shave the overall security and efficiency…

Bitcoin Smart Contract Protocol Rootstock Acquired by Spin-off Project RIF Labs

Bitcoin Smart Contract Protocol Rootstock Acquired by Spin-off Project RIF Labs Bitcoin-based smart contract protocol Rootstock (RSK) is integrating with spin-off project RIF OS to expand its scope of operations, the parties confirmed in twoseparate blog posts Nov. 18. As part of the deal, RIF Labs, the structure behind off-chain infrastructure layer RIF OS, will acquire RSK’s counterpart RSK Labs. RIF…

50% Favor Bitcoin as Long-Term Investment in Former US Rep Ron Paul’s Twitter Survey

50% Favor Bitcoin as Long-Term Investment in Former US Rep Ron Paul’s Twitter Survey Former U.S. Congressman Ron Paul has asked Twitter users Nov. 15 how they would prefer to receive $10,000 if they had to keep it in this form for a decade, with the majority picking Bitcoin (BTC) . Of the respondents, 50 percent answered that they…

Bitcoin Puzzle Artist’s Crypto Gaming Startup Now Valued at $13 Million

Bitcoin Puzzle Artist’s Crypto Gaming Startup Now Valued at $13 Million One of the bitcoin community’s best-known artists is gearing up to launch a blockchain-powered video game aimed at mainstream audiences. Revealed exclusively to CoinDesk, Marguerite deCourcelle’s startup Blockade Games Inc. raised a $833,000 seed equity round the first week of November from investors including BlockTower…

Report: Bitcoin Scam Compromising Google and Target Accounts Came from Third Party App

Report: Bitcoin Scam Compromising Google and Target Accounts Came from Third Party App A recent Bitcoin scam on Twitter that compromised several major companies verified accounts came from a third-party app, tech news outlet the Next Web (TNW) reports Friday, Nov. 16, citing social media officials. Speaking to TNW, a Twitter spokesperson confirmed that the attack came from an outside software provider…

This Bitcoin Skeptic Wants to Make ‘Stable’ Cryptos for Venezuela

This Bitcoin Skeptic Wants to Make ‘Stable’ Cryptos for Venezuela Economist Steve Hanke often scoffs that bitcoin isn’t “a real currency.” The Johns Hopkins University professor has also compared the cryptocurrency market to the Dutch tulip bubble, and even went so far once as to claim crypto exchange hacks prove these assets are “unstable and…

Bitcoin Price Analysis: BTC/USD Must Dump before Bulls Reign in 2019

Bitcoin Price Analysis: BTC/USD Must Dump before Bulls Reign in 2019 The Bitcoin FUD It’s a capitulation. It’s the end of Bitcoin. It’s a Bitcoin Sell-off. And it’s true; a typical Bitcoin investor is bleeding right now. But a critical look at price action and historical price movement paints a rosy picture: Prices will most…

Australia: Tax Regulator Warns of Fraudulent Requests for Tax Payment via BTC ATMs

Australia: Tax Regulator Warns of Fraudulent Requests for Tax Payment via BTC ATMs The Australian Taxation Office (ATO) has published a warning Nov. 14 about scammers demanding tax payments through Bitcoin ATMs. The post notes that the number of scammers who request payment through BTC has now exceeded those who ask for iTunes giftcards. Kath Anderson, the Assistant Commissioner at the ATO, said…

Markets See Massive Sell-Off, Bitcoin Dips Below $5,600 for the First Time in 2018

Markets See Massive Sell-Off, Bitcoin Dips Below $5,600 for the First Time in 2018 Nov. 14: Crypto markets have suffered sharp losses over the past several hours. The major market drop off took place between 10:30 a.m. (UTC -5) and 12:00 p.m., with some of the top 20 cryptocurrencies dropping by as much as 18…