MicroStrategy CEO Michael Saylor Invest $10M More In Bitcoin, Buy the Dip
MicroStrategy, the business intelligence firm, bought another 314 more Bitcoin worth $10 million today. The Bitcoin market plummets closer to 15% earlier today, bringing the price of Bitcoin (BTC) to $28,810. The CEO Michael Saylor, mentioned in a tweet that the bought Bitcoin cost an…
‘Forgotten’ $750 Million in BNB Tokens Unlocked and Allocated to Binance Staff
Changpeng Zhao today said that Binance just unlocked a large amount of Binance coin (BNB) for their staff. He further said that the tokens were supposed to be released six months ago and, the exchange overlooked to execute this process before. Binance ran its ICO…
Elon Musk to Accept Payments in Bitcoin?
Elon Reeve Musk, the founder and CEO of SpaceX, Tesla Inc has just surpassed Amazon’s Jeff Bezos as the world’s richest person. Musk’s net worth hit $186 billion on Wednesday. The Amazon CEO Jeff Bezos held the world’s richest person title since October 2017 and,…
Bitcoin To Hit $100,000 in Five Years – Bloomberg
Mike McGlone, an analyst of Bloomberg, is predicting that Bitcoin will achieve the price target of US$ 100,000 by 2025. His predictions are based on historical data and trends of Bitcoin. He is also considering the four years of the price range in which Bitcoin…
John McAfee Arrested in Spain on Allegations of Tax Evasion
John McAfee, the 74-year-old cybersecurity millionaire, and former presidential candidate has been arrested in Spain on allegations of tax evasion and awaiting extradition to the U.S. If convicted he will have to spend up to five years behind bars for charges of tax evasion and…
How Many Big Macs Can a Bitcoin Buy You?
The Economist invented the Big Mac Index in 1986, which acts as a guideline whether currencies are at their “correct” level. The index is based on the theory of purchasing-power parity (PPP.) The idea is that in the long run, currency exchange rates should move…
Satoshi -era Bitcoins Worth Half a Million Dollars Just Transferred to Bitfinex
BTCparser, a Telegram bot, picked up a 50 Satoshi -era Bitcoin move which, is worth US$527,120 as of today. The transferred coins are now with a hot wallet belong to the cryptocurrency exchange Bitfinex. Those 50 BTC mined back in 2010 when it was introduced…
Darknet Bust Leads to Seizure of Millions in Crypto, and Drugs
The US Department of Justice published the insights of a recent darknet marketplace seizure. The authorities have managed to apprehend so far 179 people that have connections with the marketplace. They have also seized close to US$ 6.5 million in cryptocurrency and cash. The inventory…
Tether ‘s Centralized Power Helped to Refund $1 Million in USDT
$1 Million worth of stablecoins mistakenly sent to the wrong address, recovered with the help of Tether. Due to the centralized nature of the USDT platform, the recovery was possible. Many crypto enthusiasts criticized the centralized design of the Tether cryptocurrency. With the recovery of…
Bitcoin Ransom of $4M demand refused by Argentina Government – Hackers Paralysised Country’s Borders
A $4 million worth of Bitcoin ransom demanded by hackers who hijacked the country’s immigration network was refused by the government of Argentina. The hack crippled the country’s immigration system leading temporary hold of border movements. Cybercriminals who identified themselves as Netwalker – hacked Argentina’s…
