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Bitcoin & Cryptocurrency

Dutch Crypto Firm Libereum Acquires Spanish Soccer Club Elche CF

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Dutch crypto firm Libereum has acquired Spanish soccer club Elche CF for $4.9 million, according to a press release published to the Libereum website Dec. 26. The acquisition marks the first step in the crypto company’s ambitions to purchase a set of international soccer clubs and make its ERC20 token, …

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Silver Miller Files Lawsuit Against Creator of Alleged Crypto Ponzi Scheme

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United States crypto-focused law firm Silver Miller has filed a lawsuit against a purported crypto hedge fund manager who was allegedly operating a fraudulent Ponzi scheme. The court documents were published to the Silver Miller website Dec. 26. The case — which has been filed at the Court of the …

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Jordan Peterson Now Accepts Bitcoin and Working on a Patreon Competitor

Canadian psychologist Jordan Peterson has made $800 in five days after choosing to begin accepting Bitcoin (BTC) donations for his work. Jordan Peterson Gets 63 BTC Donations So Far An analysis of Peterson’s public Bitcoin address reveals an accrued balance of 0.213 BTC since it became active December 22. Peterson, …

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12 Real-Deal Markets Crypto Decentralization Can Actually Improve

Kyle Samani is a Managing Partner at Multicoin Capital, a thesis-driven cryptofund that invests in tokens reshaping entire sectors of the global economy. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  Over the last 20 years, a lot of companies have built large online marketplaces to connect …

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Ex Mt. Gox CEO Says He’s Not Guilty of Stealing Customers’ Bitcoin

Mark Karpelès, the former CEO of defunct Bitcoin exchange platform, Mt. Gox says he is innocent of the charges against him. Meanwhile, prosecutors say the 33-year old of French descent should face ten years imprisonment for his alleged crimes. Karpelès Maintains Innocence Quoting local media sources in Japan, the South China …

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Phishing Attack on Electrum Wallet Nets Hacker Almost $1 Million in Hours, Report

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A reportedly ongoing hack against cryptocurrency wallet Electrum has seen a malicious party steal almost 250 Bitcoin (BTC) (about $937,000), commentators reported on social media Dec. 27. Subsequently confirmed by Electrum itself, the attack consists of creating a fake version of the wallet that fools users into providing password information. …

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US Defense Dept. Wants to Use Blockchain to Improve Disaster Relief

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Blockchain could make its way into disaster relief operations from the United States Department of Defense, the organization revealed in a press release Dec. 21. During a presentation hosted by the Defense Logistics Agency Troop Support’s Continuous Process Improvement (CPI) office in Philadelphia earlier this month, officials reviewed how blockchain …

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Suspect Arrested for Stealing $3+ Mln of Electricity to Mine Crypto

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A Taiwanese man suspected of stealing electricity worth over $3 million to mine Bitcoin (BTC) and Ethereum (ETH) has been arrested, according to a report from local news channel EBC Dongsen News Dec. 26. The suspect, whose surname has been given as Yang, has been accused of allegedly stealing the …

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Venezuela Sees Biggest Increase in Bitcoin Volume to Date

Venezuela has experienced its biggest jump in bitcoin volume over the past week with 1,974 BTC traded on LocalBitcoins. Venezuela Sees Biggest Jump in Bitcoin Volume to Date As the word spreads about the worsening humanitarian crisis in Latin America’s most oil-rich country, peer-to-peer purchases of bitcoin are on the …

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