All posts by techfans

“Bitcoin can collapse completely,” says Agustín Carstens, former Secretary of the Treasury

The current manager of the Bank for International Settlements, ensures that central banks must control Bitcoin and all digital money. January 30, 2021 2 min read This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. At the height of the cryptocurrency boom, the manager of the […]

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Market Wrap: Bitcoin Bumps to $38.6K While DeFi Exchanges Hit $50B

Analysts believe Elon Musk’s shout-out to crypto pushed bitcoin’s price upwards at a time when decentralized exchanges are experiencing record amounts of trading volume on the Ethereum network. Excessive fees could damp that, however.  Bitcoin (BTC) trading around $34,616 as of 21:00 UTC (4 p.m. ET). Climbing 5.9% over the previous 24 hours. Bitcoin’s 24-hour […]

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What We Don’t Know About Bitcoin — and Why It’s a Problem

The price of Bitcoin has reached record highs over the past few months, prompting the CEO of Galaxy Digital to call the cryptocurrency a “digital gold story.â€� However, the comparison is a flawed one. While gold has shown time and time again that it is a resilient form of money, the price of Bitcoin saw the biggest single crash […]

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8 Other Ways to Buy Bitcoin

When Elon Musk adds #Bitcoin to his Twitter bio, you know buying bitcoin is in vogue again.  The cryptocurrency is pumping, perhaps not-too-coincidentally, as investing app Robinhood faces criticism for censoring stock and crypto trading in response to the Wall Street Bets saga.  With Robinhood taking heat, Coinbase is basking in the glow. Related: Market […]

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Deanonymization Through Correlation; What Chainalysis Revelations Of Bitcoin Financing Of Capitol Rioters Mean For All Of Us

There was a clash between the suits and the bitcoiners last week- already forgotten, due to the events rapidly overtaking everyone this week. Last week, both Christine Lagarde and Janet Yellen were taken to task for comments suggesting that bitcoin is a vehicle for money laundering, payments for ransomware, for pedophilia, for all manner of […]

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Ontario Man Agrees to Plead Guilty to Federal Charges of Illegally Operating Bitcoin-Cash Exchange Business and Money Laundering | USAO-CDCA

          LOS ANGELES – A San Bernardino County man was charged today with running an unlicensed company that exchanged tens of millions of dollars in Bitcoin and cash.           Hugo Sergio Mejia, 49, of Ontario, was charged in a two-count information with operating an unlicensed money transmitting business and money laundering. In a plea agreement […]

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Bitcoin Miners Strain Under Semiconductor Supply Crunch, Second-Hand Mining Rig Prices Soar – Mining Bitcoin News

Bitcoin mining rig manufacturers are dealing with a semiconductor supply crunch according to regional reports stemming from China. There’s been a global semiconductor supply shortage and it’s affecting nearly every type of business in the supply chain that manufactures cars, PCs, laptops, smartphones, and cryptocurrency mining devices. Moreover, the recent shortage has invoked the demand […]

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Two bars for bitcoins: owner in New York’s Hell’s Kitchen selling out for cryptocurrency

NEW YORK (Reuters) – Patrick Hughes has put his two side-by-side bars in New York’s Hell’s Kitchen, Hellcat Annie’s and Scruffy Duffy’s, up for sale – for 25 bitcoins or 800 Ethereum tokens, now worth up to $1.12 million. He listed the bars in the western Manhattan neighborhood – which like other eating and drinking […]

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