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Almost 1 Million Bitcoin Is Held by Darknet Markets, Crypto Scammers and Hackers

  Almost 1 Million Bitcoin Is Held by Darknet Markets, Crypto Scammers and Hackers : | Hacking | Cryptocurrency |   Scammers | Darknet | Bitcoin | The latest analyses conducted by notable blockchain intelligence firms have intimated the status of Bitcoin holdings within the darknet and cybercriminal circles. The findings, as interesting as they were, showed that almost 1 million Bitcoin was being held by bad actors. It also turned out that crypto exchanges serve the majority of darknet users by helping them conduct bitcoin-to-fiat conversions. In addition, experts discovered that a host of bad actors depend on crypto mixing services to obscure the origins of their bitcoins. According to data collected by blockchain analytics firm Chainalysis about 4.81 percent of the global Bitcoin supply is in the hands of bad actors - its  new Market Intel Report  places the figure at 891,781 BTC. The above figure represents $9.7 billion worth of funds that reportedly accounts for the amount of crypt

Will Quantum Computing Break Bitcoin & Cryptocurrencies?

Will Quantum Computing Break Bitcoin & Crypto? : A close in-depth look at the effects of quantum computing on cryptography, blockchains, and cryptocurrencies. Over the past few years, top computing companies including Google and IBM have been working on quantum computers – the most advanced and most powerful computers. These computers are built using the science of quantum physics allowing them to solve complex mathematical equations faster than normal computers and even the best of supercomputers today. The advancement of quantum computers makes all encrypted data vulnerable to hacking and theft. In this article, we discuss the development of quantum computers and why “quantum supremacy” might be the end of cryptography, blockchain technology, and cryptocurrencies as we know them. Hint: It has to do with security. So, what is quantum computing and how do supercomputers work? What does crypto have to do with them? Continue reading in the  NOWPayments blog.

This Is Not 2018 - It's Time To Buy The Dip!

 This Is Not 2018 - It's Time To Buy The Dip! : Buy The Dip! We have been seeing this meme over the last few years, constantly encouraging buyers to buy the dip! I guess over the long-term there is never really a bad time to buy Bitcoin but there definitely is a better time to buy Bitcoin! Buying dips in a bear market defeats all rationality, especially over the medium-term. Sure, in the short-term you can trade and secure profits but it makes more sense to allow the bear market to reach exhaustion and then to await a trend reversal and then begin buying the dips in a technical bull market. Furthermore, trading long in a bear market can get you wrecked even if you are scalping. Bitcoin is known to drop significantly in minutes, even seconds. Buying dips in a bear market is quite simply, not the best strategy as in a few weeks or months the price will be even lower than the previous dip! Get Your Bull On! Technically, we are now in a bull market despite the current price drop in BTC

Paying Taxes in Bitcoin and Ethereum Possible in Switzerland Canton of Zug from 2021

Paying Taxes in Bitcoin and Ethereum Possible in Switzerland Canton of Zug from 2021 : Citizens and businesses in the Swiss canton of Zug will be able to pay taxes in Bitcoin (BTC) and  Ethereum (ETH)  from 2021, following a partnership between authorities and Zug-based crypto broker and custodian Bitcoin Suisse, according to a  report  published on September 3. Citizens and companies of Zug will be able to pay up to 100,000 CHF (~$110,000) with either Bitcoin or Ethereum; partial payments in cryptocurrency will not be accepted The tax scheme will be piloted in the upcoming weeks, with the launch planned for February 2021 Bitcoin Suisse will convert cryptocurrency payments into Swiss Francs before transferring the payment to authorities Zug is known as “Crypto Valley” for its crypto-friendly regulation and the presence of several cryptocurrency startups

BITCOIN Fights Back: Is This The Start Of Something Great?

  BITCOIN Fights Back: Is This The Start Of Something Great? : BTC Fights Back: Is This The Start Of Something Great? Back in August,  Forbes reported  that George Ball, a big name in the investment world, put forward an interesting prediction. George Ball, CEO of the billion dollar financial services firm Sanders Morris Harris, advocated that a potential turning point for Bitcoin would begin on Labor Day, September 7th. The prediction came in an interview with Reuters you can watch  here . George Ball made the comments in the context of investors dealing with a summer dull and the effects of COVID. In a context of a stock market heavily inflated and held up solely by the BRRR money printer of fiat and stock buy-backs, the danger of a turning point becomes greater and greater. A looming threat hangs over the market when that market is held up by liquidity and only liquidity. As investors and traders await a new spark, which may never come, they begin to get more and more shaky and unce

Crypto News Today 14/08/2020 🗞

  Crypto News Daily, August, 14th🗞 Stuck at $11.5K, Bitcoin Surpasses 25K Locked in DeFi; Ethereum Hits 2-Year High, ETH Fees at All-Time High, Bitcoin Dominance Slips; Is Chainlink Poised for a Sell Off After Reaching New ATH? ; How DeFi ‘Degens’ Are Gaming Ethereum’s Money Legos; Four of the Top Five South Korean Banks to Offer Crypto Services ; 🗞 Daily Crypto Calendar, August, 14th 💰 Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy! 🗞 Stuck at $11.5K, Bitcoin Surpasses 25K Locked in DeFi The spot bitcoin market was fairly dull Thursday. That doesn’t mean it’s not moving: Holders of the cryptocurrency are increasingly plowing it into decentralized finance. Bitcoin (BTC) trading around $11,543 as of 20:00 UTC (4 p.m. ET). Slipping 0.50% over the previous 24 hours. Bitcoin’s 24-hour range: $11,274-$11,661 BTC slightly above its 10-day and 50-day moving averages, a bullish to sideways signal for market technicians. However, the sta

Satoshi Nakamoto: Interesting Facts you Need to Know

Photo by Dmitry Demidko on Unsplash Satoshi Nakamoto: Interesting Facts you Need to Know: Satoshi Nakamoto is the creator of Bitcoin and therefore of all cryptocurrencies. Bitcoin was the first cryptocurrency and after that many more appeared in the crypto space. Yet, Satoshi identity remains a mystery until that day, and there is a high possibility that we will never learn for sure who created Bitcoin. Used to be very active on  BitcoinTalk.org  in the early days of Bitcoin, , before disappearing in 2011. Inevitably there are some very cool facts about Satoshi who started the multi-billion dollar industry of cryptocurrencies, that you probably don't know. Interesting Facts you Need to Know about Satoshi Nakamoto:  Satoshi Nakamoto is a pseudonym Despite many people have come forward and admitted that they are Satoshi Nakamoto, there is no evidence who could be behind that pseudonym. It could be a man, a woman, a group of people, many possibilites. There are e

Crypto News Today 05/08/2020 🗞

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