|
|
February 5 · Issue #163 · View online
Kyle Torpey has been a full-time Bitcoin writer and researcher since early 2014. Currently, he contributes regularly to Forbes and CoinJournal. His work has also appeared in Business Insider, VICE Motherboard, Nasdaq, and many other media outlets. Additionally, Kyle goes over the day's top Bitcoin stories in a daily YouTube show and podcast, which can be found at http://kyletorpey.com.
|
|
|
Note: This week will be ad-free as I search for new sponsors. Feel free to shoot an email to email@kyletorpey.com if you know anyone interested.
|
|
Cryptos Not Like Gold as a Haven During Stock Rout - Bloomberg
Bitcoin declined for a fifth day, breaking below $7,000 for the first time since November and leading other digital tokens lower, as Lloyds Banking Group Plc joined a growing number of big credit-card issuers halting purchases of cryptocurrencies on their cards.
|
Virgin Money joins ban on buying Bitcoin on credit cards - BBC News
The bank will not allow customers to purchase digital currencies on their credit cards.
|
Canada's Banks Allow Credit-Card Crypto Purchases -- For Now - Bloomberg
Canada’s biggest banks still allow customers to buy Bitcoin and other cryptocurrencies with debit and credit cards, even as some U.S. lenders move to block such transactions.
|
China to stamp out cryptocurrency trading completely with ban on foreign platforms | South China Morning Post
Offshore platforms targeted after recent efforts to shut down domestic exchanges failed to eradicate trading
|
India to bar cryptocurrencies from its payments system: finance ministry official | Reuters
India is planning steps to ensure cryptocurrencies are illegal within its payments system, while at the same time appointing a regulator to oversee unregulated exchanges that trade in “crypto assets,” a finance ministry official said on Monday.
|
U.S. regulators to back more oversight of virtual currencies: testimony | Reuters
Digital currencies such as bitcoin demand increased oversight and may require a new federal regulatory framework, the top U.S. markets regulators will tell lawmakers at a hotly anticipated congressional hearing on Tuesday.
|
SEC chairman: We're not undermining bitcoin, just warning about its risks
Regulators have been warning investors to think twice about putting money into cryptocurrencies because they might run afoul of U.S. securit…
|
The Cost of Crypto Is Turning Miners Towards Green Power - Bloomberg
Vakhtang Gogokhia’s plan to extract cryptocurrencies from the netherworld of cyberspace relies on a strategy familiar to many old-school manufacturers who use a lot of energy – the cheaper the fuel, the better.
|
Excited for Schnorr signatures – Murch – Medium
If you’re keeping a finger on the pulse of Bitcoin development, you’ve probably already heard about Schnorr signatures and you probably won’t find much new here. You might rather want to check out…
|
Seele ICO Investors Stung in $2 Million Telegram Group Scam - Bitsonline
Potential investors in the upcoming Seele ICO claim they have been robbed of over $2 million in ETH, by members of a trusted project group or those impersonating them. Two accounts listed as approved admins in the project’s Telegram group, “SeeleSupport” and “nicsmith”, allegedly
|
Hackers Breached BeeToken’s Email List And Stole $1M Worth Of Ethereum - Information Security Buzz
It appears cryptocurrency startup BeeToken, which promised to disrupt the home sharing industry by putting its service on the blockchain, has been hacked. The attackers are actively targeting its initial coin offering (ICO) with phishing attacks and have already duped gullible investors for over $1 million worth of Ethereum. Ilia Kolochenko, CEO at High-Tech Bridge commented below.
|
North stole cryptocurrency from South Korea worth billions of won last year: NIS
North Korea last year stole cryptocurrency from South Korea worth billions of won, said Seoul’s top spy agency Monday, accusing the reclusive regime of trying to hack into exchanges by sending emails with customer information. The National Intelligence Service also confirmed that Hwang Pyong-so and Kim Won-hong, former head and vice chief of the General Political Bureau, respectively, were removed from their posts f… Kyle’s note: These North Korea stories are important to watch because they can enable political backlash against bitcoin.
|
Secure Your Crypto Wallet Against $5 wrench attacks
I once had 90% of my life belongings stolen from storage while I was away traveling. Family pictures. Most of my clothes. A bottle of porto wine given to me at birth. Brand new kitesurfing gear. It…
|
|
Your brain and Bitcoin: The fear of missing out is real - The Globe and Mail
The cryptocurrency frenzy has less to do with intelligence, risk-tolerance or experience and more to do with human psychology
|
As Bitcoin Bubble Loses Air, Frauds and Flaws Rise to Surface - The New York Times
Hackers draining online exchanges. Ponzi schemes. Regulators unable to keep up with heightened interest in virtual currencies. A young industry’s problems have become clearer in recent weeks.
|
Bitcoin student buy-up prompts Brisbane school to issue 'caution' - ABC News (Australian Broadcasting Corporation)
A Brisbane school is planning to hold an information night to educate parents and students about the cryptocurrency amid concerns about student investors who may not be fully aware of the risks.
|
ECB looking at risk to banks from digital currencies | Reuters
The European Central Bank is working to identify any financial stability risk from digital currencies but banks so far seem to be showing little appetite to invest in Bitcoin, ECB President Mario Draghi said on Monday.
|
SEC drags feet on approving bitcoin ETFs
The US watchdog has set its face against cryptocurrency vehicles for now
|
|
In Puerto Rico, dozens of entrepreneurs are making a cryptocurrency utopia | Pittsburgh Post-Gazette
SAN JUAN, Puerto Rico — They call what they are building Puertopia. But then someone told them, apparently in all seriousness, that it translates to …
|
US$1 billion down, why is Japan still in love with bitcoin? | This Week In Asia | South China Morning Post
Even as other Asian nations pull back, the world’s two largest cryptocurrency thefts haven’t turned Tokyo off the blockchain phenomenon
|
This European royal family might invest in cryptocurrencies
The Crown Prince of Liechtenstein has told CNBC that blockchain and cryptocurrencies like bitcoin could be one way to help his family restore its wealth.
|
Students Pay Tuition through Cryptocurrency Investments – Washington Square News
Less than a year after investing a $5,000 principal in cryptocurrencies, like Bitcoin and Ethereum, SPS senior Konig Chen has made enough to pay four years worth of NYU tuition, and then some.
|
A 24 year-old became a bitcoin millionaire at age 24 — here's how - Business Insider
Bitcoin millionaire Kingsley Advani made a fortune after investing his savings into bitcoin and other cryptocurrencies.
|
Riding the bitcoin wave in search of a golden shore - Chicago Tribune
He had invested in bitcoin almost two years earlier, so now Jacob Melin had a new house, a new truck, a new consulting business and a line of people coming into
|
US: Super Bowl Ad Uses Singer Lionel Richie To Adverti... | News | Cointelegraph
One of the Super Bowl ads this year featured singer Lionel Richie promoting Bitcoin futures for a US brokerage firm | News | Cointelegraph
|
Dig at BTC in Superbowl commercial : Bitcoin
reddit: the front page of the internet
|
Japanese Airline Confirms Future BTC Payment Option In... | News | Cointelegraph
Peach Aviation denied rumors that they were rethinking accepting Bitcoin payments, confirming they had simply postponed adding thi… | News | Cointelegraph
|
|
AntPool are now mining transactions with a fee of less than 5 sat/byte : Bitcoin
Until last night AntPool were not mining transactions with a fee of less than 5 sat/byte. But it looks like they have changed their settings….
|
Biggest problem facing bitcoin exchanges has nothing to do with price - Business Insider
BI Prime: Bitcoin is experiencing a rough start to 2018, but that’s not the biggest concern for a developer at one of the world’s oldest crypto exchanges.
|
Major Cryptocurrency Exchange Bittrex To Add USD Tradi... | News | Cointelegraph
CEO of the Bittrex exchange said that they would be adding USD trading for “sophisticated traders” and reopening user signups afte… | News | Cointelegraph
|
Bread launches international bitcoin purchases with credit card: High limits. Same-day delivery.
Starting this week, Bread customers around the world will have the ability to use a credit card to purchase bitcoin and have it deposited directly into their Bread. This new feature builds on a partner integration with Simplex to allow high limits and near-instant delivery.
|
Blockstream Devs Depart for New World Computer Project - CoinDesk
Not just fodder for TV jokes, it’s a goal that continues to capture the imaginations of developers in the blockchain sphere, and Ben Gorlick and Johnny Dilley are no exception.
|
Blockchain Welcomes Marco Santori as new President
Today we’re thrilled to announce that Marco Santori is joining Blockchain as our President & Chief Legal Officer. Previously, Marco was a partner at the law firm Cooley LLP, where he led the global financial technology practice and built the most acclaimed digital assets-focused legal practice in the industry.
|
Fun fact: Slush, the creator of TREZOR and Slushpool got hacked in 2012 and lost ~3000BTC. This prompted him to create the world's first hardware wallet : Bitcoin
reddit: the front page of the internet
|
|
Understanding Payment Channels – Chainside
Off-chain transactions seem to be the best option for Bitcoin scaling, while multiple companies are building and testing off-chain transaction infrastructures, few people have ever experienced how…
|
Friendly reminder to use custom fees! Block 507,744, average fee/size 156 sat/B while 1 sat/B TXs are being mined. : Bitcoin
reddit: the front page of the internet
|
[bitcoin-dev] Graftroot: Private and efficient surrogate scripts under the taproot assumption
|
|
Bitcoin gunpoint theft-bid suspects' e-fits issued - BBC News
Police release images after four men entered an Oxfordshire house to try to steal the crypto-currency.
|
Texas Hits Another Crypto Lending Platform with Cease-and-Desist - CoinDesk
Texas’ securities agency has issued another cryptocurrency-focused emergency cease-and-desist order, this time against a lending scheme called DavorCoin.
|
Fake Adobe Flash Update Sites Pushing CPU Miners
Sites telling you that Flash Player is out dated and then offering an update are installing CPU Miners are unsuspecting visitors.
|
Read ad used by dark web dealer Kyle Enos to sell fentanyl for bitcoin - Business Insider
The 25-year-old from Newport, South Wales, admitted supplying dark web customers with Class-A drugs. Police released the full text of his sales pitch.
|
Iowa man charged with selling drugs to Athens students on Dark Web using Bitcoin
An Iowa man faces drug charges for allegedly selling narcotics to college students in Athens over the Dark Web using Bitcoin.
|
Feds Split Up Stolen Sheep Market Funds - Deep Dot Web
In Jacksonville, Florida, United States Attorney Maria Chapa Lopez announced that three law enforcement agencies would be “awarded” with the funds stolen by the Sheep Marketplace hackers between 2013 and 2014. The announcement took place at a Homeland Security Investigations Office in Jacksonville. And even though the ICE-HSI Special Agent in Charge, James Spero, helped make the announcement, and neither Homeland Security nor Immigration and Customs Enforcement received a piece of the $1.7 million in seized Bitcoin.
|
|
Rippleâs XRP is down 80% from its January peak | Markets Insider
XRP reached a high of $3.31 on January 4, and has declined 80% to $0.67 since.
You can track the price of XRP in real-time here>>
Ripple&rsq…
|
Search Giant Baidu Launches CryptoKitties Knock-off - CoinDesk
Baidu, China’s search engine giant, has launched a new CryptoKitties-like service as part of its wider work with blockchain.
|
Ethereum game "CryptoKitties" is launching on mobile and in China — Quartz
The global crypto community is obsessed with collecting virtual cats, and it’s about to get even more so. Since the game CryptoKitties was launched in late November, players have spent more than $19 million trading cartoon kittens living on the ethereum network, and so far nearly 50,000 cats have been bred or released, according to…
|
|
Cryptocurrencies are far from unregulated | American Banker
Despite panicked cries to the contrary on social media and cable news, federal authorities are keeping a careful eye on evolving digital currency markets, as regulators are likely to tell Congress on Tuesday.
|
Italian Crypto Businesses to Register Under Proposed New Rules - CoinDesk
The Italian government is seeking feedback on proposed cryptocurrency regulations intended to clarify the technology’s use within the country.
|
US Commodities Regulator Warns on Crypto Retirement Scams - CoinDesk
Consumers should be wary of cryptocurrency retirement accounts claiming to be approved by the Internal Revenue Service, the Commodity Futures Trading Commission (CFTC) has warned.
|
UAE Financial Watchdog Warns Investors Over ICO Risks - CoinDesk
A financial regulator in the United Arab Emirates has issued a warning to residents on the risk of initial coin offerings (ICO).
|
New York Lawmaker Proposes Study of State-Backed Cryptocurrency - CoinDesk
A New York lawmaker who previously filed several bills related to blockchain has submitted new legislation that calls for studying the creation of a state-backed cryptocurrency.
|
Did you enjoy this issue?
|
|
|
|
In order to unsubscribe, click here.
If you were forwarded this newsletter and you like it, you can subscribe here.
|
|
|