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Tag Archives: bitcoin

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Bitcoin Mining – Is It Still Profitable?

The best answer for this question would be “it all comes down to how much you will invest.” However, to get a more meaningful answer, there are multiple factors to be considered: 1. The price of bitcoin is constantly changing and the volatility is currently extremely high. One bitcoin is currently worth more than $11,000, and less than a month ... Read More »

Platforms with Bitcoin and Co. are to register their users in a central database, according to the EU Council.

Bitcoin news roundup, December 10, 2017

This week’s summary of various cryptocurrency news and developments: New developments: CBOE to launch Bitcoin futures on December 10 Last week, DeepDotWeb reported on the Chicago Board Options Exchange (CBOE) receiving approval from the U.S: Commodity Futures Trading Commission (CFTC) to trade Bitcoin futures on its platform. At the time, the date in which the regulated exchange would list Bitcoin ... Read More »

Justice does not know what to do with bitcoins

Bitcoin News Roundup 3.12.17

This week’s summary of various cryptocurrency news and developments: New developments: Nasdaq to launch bitcoin futures by mid-2018 According to reports, Nasdaq Inc, the world’s second largest stock market, is set to enable bitcoin futures trading by mid-2018. The financial institution, along with major financial firm Cantor Fitzgerald & Co., is rushing to integrate the cryptocurrency given its recent all-time ... Read More »

Day Trader Used Bitcoin to Hide Earnings from the SEC

A 42-year-old day trader named Joseph P. Willner caught charges relating to illegal broker account usage and market manipulation through a scheme involving Bitcoin and private messaging applications. According to a Securities and Exchange Commission press release, Willner and an accomplice collected more than $700,000 through their “after hours” scheme. Willner’s partner had access to more than 100 brokerage accounts ... Read More »

Bitcoin News Roundup 26.11.17

This week’s summary of various cryptocurrency news and developments: New developments: Mark Karpeles hints at MtGox revival through an ICO According to former MtGox CEO Mark Karpeles, the complexity of the company’s bankruptcy makes it hard for creditors to recover their losses, and a revival of the company may be the way to solve the problem. MtGox’s bankruptcy claims are ... Read More »

Bitcoin news roundup, November 19, 2017

This week’s summary of various cryptocurrency news and developments: New developments: SegWit adoption set to increase as Blockchain wallet, Bitfinex add support SegWit activated on the Bitcoin network back in August and so far, various companies haven’t yet upgraded their systems to adopt it. Recently, Bitcoin’s biggest wallet provider, Blockchain, announced through a blog post that it will add full ... Read More »

Arkansas Sheriff’s Bitcoin Mining Program Sparks Controversy

An Arkansas sheriff’s office launched a bitcoin mining pilot program in its Cyber Crimes Division in hopes that the mined bitcoin will help investigators in future crimes on the darknet. In a statement to the press, detective Olin Rankin said the Cyber Crimes Division plans to use bitcoin in the same ways that criminals use bitcoin in undercover operations on ... Read More »

Bitcoin News Roundup 12.11.17

This week’s summary of various cryptocurrency news and developments: New developments: Bitcoin Gold will launch on November 12, following replay protection implementation The team behind the controversial Bitcoin Gold project recently announced that it will release a software client for the cryptocurrency on November 12, after being able to implement various new features to the cryptocurrency, in an attempt to ... Read More »

New DEA Report Covers Bitcoin Money Laundering and Darknet Drug Trade

The United States Drug Enforcement Administration (DEA) and the United States Department of Justice recently jointly released their National Drug Threat Assessment for this year. In the new report, the DEA mentions the use of bitcoin and other cryptocurrencies for money laundering, as well as drug trafficking through darknet markets. The DEA’s Strategic Intelligence Section creates a new drug threat ... Read More »

Bitcoin Money Laundering Lands Six in Court

Six men are facing charges in the Netherlands after being accused of laundering hundreds of thousands of euros with the aid of the online cryptocurrency, Bitcoin. They allegedly laundered the money by reselling bitcoins paid for by illicit drug sales. The men appeared in a Dutch court on Wednesday and are now facing a potential jail term ranging from 6 ... Read More »

Bitcoin News Roundup 5.11.17

This week’s summary of various cryptocurrency news and developments. New developments: CME Group, the world’s largest derivatives exchange, aims to launch Bitcoin futures This week, the CME Group, the world’s largest derivatives exchange, announced that it plans on launching Bitcoin futures during the fourth quarter of 2017. According to an announcement on the group’s website, the futures will be cash-settled ... Read More »

US Attorney General Says Use of Bitcoin on the Darknet is a Big Problem

During a recent Department of Justice oversight hearing before the United States Senate Committee on the Judiciary, Attorney General Jeff Sessions testified about the concerns federal law enforcement have about the use of cryptocurrency on the darknet. The Attorney General’s remarks on the darknet were in response to a question from Democratic Senator Dianne Feinstein of California. Senator Feinstein’s question ... Read More »

Bitcoin News Roundup 29.10.17

This week’s summary of various cryptocurrency news and developments: New developments: Bitcoin Gold’s website hit with a DDoS attack after it separated from the Bitcoin blockchain This week, another hard fork created Bitcoin Gold (BTG) a new cryptocurrency that aims to solve Bitcoin’s mining problems by creating an ASIC-resilient mining ecosystem, where the gap between GPU/CPU and ASIC mining is ... Read More »

Justice does not know what to do with bitcoins

Bitcoin News Roundup 22.10.17

This week’s summary of various cryptocurrency news and developments: New developments: Wikileaks founder thanked the U.S. government for the 50,000% ROI it had on Bitcoin Wikileaks founder Julian Assange recently published a tweet thanking the U.S. government for, starting in 2010, erecting an illegal banking blockade against the non-profit whistleblower organization that led companies such as PayPal and American Express ... Read More »

Bitcoin news roundup, October 15 2017

This week’s summary of various cryptocurrency news and developments: New developments: Various companies are announcing their position on the SegWit2x hard fork Last week, DeepDotWeb covered Bitcoin.org’s plans to denounce SegWit2x supporting companies, who could be putting users at risk. Bitcoin.org’s list has been published, and it includes several well-known companies such as Blockchain.info, Xapo, Jaxx, Coinbase, and Circle. Now, ... Read More »