Romanian Programmer Admits Conspiring to Create $722M Bitclub Ponzi Scheme

A Romanian man admitted Thursday to conspiring to engage in wire fraud and selling unregistered securities linked to Bitclub Network, a cryptocurrency mining Ponzi scheme worth at least $722 миллиона. Silviu Catalin Balaci, 35, a Romanian citizen appeared before US District Judge Claire C. Cecchi. Balaci pleaded guilty to a superseding information charging him with one count of a dual-object conspiracy to commit wire fraud and to offer...

Bitcoin’s Famous Volatility Has Taken a Backseat for the Last 2 Months: Почему?

This has been quite a year for Bitcoin. After beginning the year on a fairly steady course towards the $10k mark, Bitcoin–along with the rest of the economy–tanked. At the end of the second week of Marchcrypto markets fell so sharply that March 12th came to be colloquially known as “Crypto’s Black Thursday. Between Wednesday, … ContinuedWant to know more on Bitcoin’s Famous Volatility Has Taken a Backseat...

The Federal Reserve’s Declining Balance Sheet Is Bearish for Bitcoin. Or Is It?

The Fed’s balance sheet just dropped the most in 11 лет, but despite popular opinion, that is not necessarily bad news for bitcoin.Want to know more on The Federal Reserve’s Declining Balance Sheet Is Bearish for Bitcoin. Or Is It? click here go to Cryptocurrency news source. Сводка новостей о криптовалюте от Coindesk News. Автор криптовалюты: Омкар Годболе

Shariah Council Permits Cryptocurrency Investing and Trading

The Shariah Advisory Council of Malaysia’s securities commission has advised that it is permissible to invest and trade cryptocurrencies on registered crypto exchanges. About 60% of the country’s population are Muslims, many of whom have been reluctant to trade crypto in fear that it might not be Sharia-compliant. Shariah-Compliant Crypto Trading The Shariah Advisory Council of the Securities Commission Malaysia (SC) reportedly revealed its position on cryptocurrency trading...

Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police Extortion

The Venezuelan military has seized 315 Bitmain Antminer S9 bitcoin mining rigs it claims are not properly registered to operate in the country. Although cryptocurrency mining is legal in Venezuela, miners say they have been unfairly treated, citing illegal seizures of mining equipment and police extortion. Venezuela Seizes Bitcoin Mining Equipment The Bolivarian National Guard of Venezuela (GNB) announced via Twitter Monday that it has seized 315 Antminer...

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