scams
New Bitcoin Scam Takes You To A Fake BBC News Page

Quite a crafty one, this – someone was expecting an invoice from their building company, and received a blank email from them. The email had been coded to only show a 'display message' button, which the person unthinkingly clicked to see the invoice. Read More >>

cryptocurrency
Report: Wall Street Is Getting Cold Feet on Bitcoin as Crash Continues

The crypto crash has continued, with about $700 billion (£552 billion) wiped off the market since its peak at around $800 billion (£631 billion) at the start of the year, and leaving a trail of destroyed startups behind it. Bitcoin at one point closed in on the $3,000 (£2,367) price mark, well below both its peak of nearly $20,000 (£15,779) in 2017 and a so-called “floor” of $6,000 (£4,734). And now major Wall Street firms once rumoured to be preparing entries to the cryptocurrency market—particularly bitcoin futures—appear to have gotten cold feet after a brutal beatdown in crypto prices this year, Bloomberg reported on Sunday. Read More >>

cryptocurrency
Razer Wants You to Mine Cryptocurrency For Them

Gaming hardware manufacturer Razer has launched a cryptocurrency mining program named Razer SoftMiner to put spare graphics card capacity to work – for them, not for you. Read More >>

bitcoin
Bitcoin, and Cryptocurrency in General, Had a Terrible November

Bitcoin, as well as smaller cryptocurrencies like XRP and ether, had a terrible November that saw $70 billion in value wiped off the market, CNBC reported on Friday. Read More >>

cryptocurrency
High School Principal in China Fired for Running Secret Cryptocurrency Mining Operation

Eight cryptocurrency machines reportedly drained electricity from a Chinese high school for nearly a year before the principal was busted, and later fired, for running an Ethereum-mining operation. Read More >>

wearables
Hublot’s £19,000 Bitcoin Watch Is Perfectly Designed to Help Me Spot Terrible Jabronis

There are lots of annoying telltales of a blowhard, but none quite so insufferable as Hublot’s Big Bang Meca-10 P2P watch. It costs an absurd $25,000 (£19,000), but even if you have all that cash in your bank account, you’re out of luck—this is a watch that can only be bought with cold, hard Bitcoin. Read More >>

cryptocurrency
Mining Bitcoin Can Be More of an Energy Drain Than Actual Mining

Cryptocurrency and precious metals share some similarities. Libertarians love them. Their values are social constructs. They’re mined. And accomplishing said mining takes a tonne of energy. Read More >>

money
Government’s Crypto Taskforce Warns of Valueless Money Traps

A particularly nerdy part of the government whose members' business cards say "Crypto Assets Taskforce" has been pondering what to do about the appearance of virtual money types, including the cryptocurrencies that every corner shop is now encouraging people to subscribe to and pay with. In short, current advice is be careful, and don't expect any money you put in to ever come out again in a recognisable, spendable form. Read More >>

cryptocurrency
Cryptocurrencies Just Plummeted £9.8 Billion in Value Over the Course of a Few Hours

The cryptocurrency markets saw a significant crash on Wednesday (Eastern local time), with just short of £10 billion in value wiped out over the course of just three hours, CNBC reported. Read More >>

cryptocurrency
Starbucks: Sorry, Your Bitcoin Is Still No Good Here

Starbucks wants to be crystal clear: Despite recent stories about their involvement in some sort of blockchain project, they are not going to be accepting bitcoin as a form of payment for coffee. Read More >>

business
‘Long Blockchain’ Maybe Not as Smart as It Thought

Remember “Long Blockchain,” or rather, the company formerly known as Long Island Iced Tea Corp. that saw its stock skyrocket after it changed its name to refer to the foundational technology behind the cryptocurrency boom and made a vague pivot to “globally scalable blockchain technology solutions”? Turns out that might not have been so smart! Read More >>

cryptocurrency
‘Bitcoin Maven’ Jailed for Multi-Million Dollar Bitcoin-for-Cash Money Laundering Operation

Bitcoin has lost most of its (likely inflated) value in the last few months, but it still has plenty of value for law enforcement agencies looking for financial crimes to punish. The latest cryptocurrency criminal to get the book thrown at them is “Bitcoin Maven,” a 50-year-old woman who ran a bitcoin-for-cash exchange operation. Read More >>

bitcoin
Researchers Reach Obvious Conclusion That Bitcoin’s Price Was Artificially Inflated

Bitcoin now hovers around £4,700, but not long ago it had spiked to nearly £15,000 per coin. Sceptics have wondered how such a rise was even possible, and a paper authored at the University of Texas suggests a fairly reasonable answer: price manipulation! Read More >>