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The $258 billion lawsuit filed against Elon Musk, Tesla, and Spacex over their dogecoin promotion has expanded with new defendants and DOGE investors added. The plaintiffs allege that the meme cryptocurrency dogecoin is a Ponzi scheme, emphasizing that Musk and his companies “falsely and deceptively claim that dogecoin is a legitimate investment when it has …

Elon Musk’s $258 Billion Dogecoin Lawsuit Grows as New Defendants, DOGE Investors Join Leggi altro »

Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth $30 million from North Korean hackers. “This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and we’re confident it won’t be the last,” the firm’s director of investigations said. $30 Million in …

US Seizes Cryptocurrency Worth $30 Million From North Korean Hackers Leggi altro »

PRESS RELEASE. Crypto E-commerce giant, Shopping.io is streamlining its operations. On September 9th 2022, Shopping.io will be airdropping its new native utility token – $SHOP to the holders of $SPI and $GSPI. To celebrate the launch, Shopping.io is hosting multiple events offering major benefits including 20% $SHOP back rewards and exciting giveaways! Shop Online Using …

Crypto E-Commerce – Shopping․io Introduces $SHOP Back Leggi altro »

While decentralized finance (defi) has created a plethora of protocols that make it so crypto assets can gather a yield, ten and a half years ago a bitcoin exchange called Bitcoinica introduced the first interest accruing system for bitcoin deposits. Despite being the first to test the waters, Bitcoinica eventually went bust after a series …

Bitcoin Interest-Bearing Accounts Were Conceived Over 10 Years Ago, but the Idea Took 8 Years to Catch On Leggi altro »

The Biden administration is concerned about digital currency mining operations affecting climate change, after the U.S. Office of Science and Technology Policy published a report that says politicians should take action against crypto mining. The federal government’s entity recommends the Biden administration should encourage more research about mining’s electricity consumption and codify public policy for …

Bitcoin Mining Threatens America’s Climate Change Efforts, White House Science and Tech Department Says Leggi altro »

A sovereign debt crisis is brewing in Europe, and it will likely perpetuate the euro’s devaluation and pave the path for Bitcoin. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis …

Europe’s Sovereign Debt Bubble Is A Domino In Hyperbitcoinization Leggi altro »

As a Bitcoiner, being aware of all the ways technology is used to spy on you is paramount to good opsec. This is an opinion editorial by Anthony Feliciano, a Bitcoin event organizer and consultant. It’s no secret we live in a mass surveillance state. The technology created to help us be a more energy …

How Our Smartphones Spy On Us, And What You Can Do To Avoid It Leggi altro »

The on-the-ground projects of El Salvador’s Bitcoin adoption show how the citizens of the country seek financial education. This is an opinion editorial by Renata Rodrigues, global community and education lead at Paxful. El Salvador made history last year when the country adopted Bitcoin as legal tender. The decision gave legitimacy to what many of …

El Salvador: One Year Of Bitcoin And Counting Leggi altro »

The report discusses bitcoin’s energy use and its negative effects on the environment while suggesting possible executive action in the future. Per President Biden’s executive order, the White House Office of Science and Technology submitted its report on bitcoin mining’s climate impact. The report alludes to possible executive orders and legislation from congress to “limit” …

White House Suggests Banning Proof-of-Work Mining Used By Bitcoin Leggi altro »

A senior analyst for Bloomberg shared the organization’s Crypto Outlook report explaining why bitcoin will outperform other assets over time. Senior commodity analyst for Bloomberg expects bitcoin to bottom around $20,000. The Bloomberg Crypto Outlook Report explains changes in the Fed’s tight monetary policy can result in rising prices for bitcoin. The report cites bitcoin’s …

Bloomberg Analyst: Bitcoin Is A ‘Wild Card’ Set To Outperform Leggi altro »