Please share if you find this article interesting. US ISIS Supporter Caught Sending $150k In Laundered Crypto To Syria Long Island, New York: a woman is facing up to 110 years in jail after trying to send $150,000 in Bitcoin and altcoins to ISIS. The New York Post reported how Zoobia Shahnaz fooled banks into giving her loans and credit cards, which she then used to purchase cryptocurrencies. The loan Shahnaz secured amounted to $22,500, while several credit cards contributed to a further $62,000 in cryptocurrency sent abroad to support the terrorist organization. Shahnaz, a US citizen, previously worked as a lab technician in a Manhattan hospital. Last year she traveled to Jordan to work with the Syrian American Medical Society as a volunteer medic in Syrian refugee camps where,...
Please share if you find this article interesting. ICOs Against the World Economy Bubble? Miko Matsumura, the founder of Evercoin cryptocurrency exchange, was one of the pioneers of the first wave of internet boom as a Chief Evangelist for the Java Language and Platform. He has been active in the Silicon Valley for over 25 years and has raised $50 mln in capital for open source startups. As a board member of the Liberation Institute, which is known for providing scale and donation based clinical mental health counseling and services to underserved populations, he also has his philanthropic side. Miko has been active in his support for the crypto community and acts as an advisor to several initial coin offerings (ICOs) including the ICO of NAGA, which ends on Dec. 15, 2017. We ask...
Please share if you find this article interesting. Korean Regulation Fails to Shake Bitcoin Market But Could Wipe Out Some Exchanges - Bitcoin News Regulation After South Korea’s regulators announced their emergency measures for cryptocurrencies, the bitcoin market breathes a sigh of relief. While a blanket ban was not adopted, other smaller bans remain and a clampdown on virtual bank accounts is presenting a serious challenge to exchanges. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions Bitcoin Market Relieved South Korean prime minister. The South Korean government held an emergency meeting on Thursday to adopt some measures to regulate the cryptocurrency market. The measures were announced to the public on the same day. T
Please share if you find this article interesting. More to Come? Bitcoin Sets Record High Near $18k Having successfully defended $16,000 earlier this week, bitcoin regained bid tone today and clocked a fresh record valuation above $17,800. The cryptocurrency rose to a new lifetime high of $17,801.94 at 10:30 UTC, erasing the previous record high of $17,631.42 set on Dec. 12, as per CoinDesk's Bitcoin Price Index (BPI). Bitcoin (BTC) has spent a better part of the last week trading sideways amid sharp gains in alternative cryptocurrencies, falling to $16,000 at points, before rising 8 percent in the last 24 hours. Still, the repeated rebounds from $16,000 levels are likely evidence of a strong "buy the dip" mentality among traders. That said, the price chart analysis shows that bi...
Please share if you find this article interesting. US Fed Chair Speaks Out On Bitcoin and National Crypto The outgoing US Federal Reserve (the Fed) chair, Janet Yellen, commented on Bitcoin and the Fed’s relationship to the digital currency at a press conference in Washington on Wednesday. During the meeting, Yellen addressed three areas relating to cryptocurrency -- speculation, regulation and government-issued digital currencies. On the nature of Bitcoin, she commented that though the cryptocurrency has seen a remarkable growth in recent months, it is still a “highly speculative asset” and “not a stable source of value." She also noted that Bitcoin remains a very small part of the overall payment system. Yellen also commented on the Fed’s relationship to Bitcoin. She reiterated
Please share if you find this article interesting. An Anonymous Early Adopter Is Donating 5,057 BTC ($86M) to Charity - Bitcoin News News This week an early bitcoin adopter announced on the forum Reddit that he had so much bitcoin he plans to donate 5,057 BTC (US$86Mn) to charitable causes. So far the anonymous donor created a website called the ‘Pineapple Fund,’ and has already donated $5M in bitcoins to some well known nonprofit organizations. Also read: ‘Decentralized Uber’ App Delivers 1,000 Meals in Austin, Texas $86 Million to Charity: This Early Adopter Says ‘Money Doesn’t Matter’ Cryptocurrencies are worth a lot of money these days, and this holiday season one bitcoin whale is donating quite a bit of BTC to charitable organizations. The anonymous donor says he saw th
Please share if you find this article interesting. Bitcoin Price Watch; Priming For A Spike? And that’s pretty much the week over in the bitcoin space, with things about to kick off for the early European session and calling for our penultimate intraday analysis. Overnight action in the bitcoin price was pretty strong, with BTC jumping to as high as 17,750 on some of the major exchanges before dipping slightly towards current levels. It was this time last week (well, in a little while) that we saw price run towards 20,000, so we’d love to see something similar as this week draws to a close. Whether we will, is anyone’s guess. All we can do is play the primary levels so let’s jump into action and see what we can put together. As ever, take a quick look at the chart below before we
Please share if you find this article interesting. New York Credit Card Scammer Allegedly Sent Bitcoin to ISIS - Bitcoin News News A Long Island woman has been charged with sending tens of thousands of dollars to ISIS fighters in Syria. As has been widely reported, the woman allegedly used bitcoin to transfer the funds overseas. Headlines have glossed over the way the money was obtained in the first place though: by good old-fashioned credit card fraud. Also read: Putin Aide Says Bitcoin Can Help Russia Bypass Financial Sanctions From the Eastside to the Middle East The suspect at the center of the case, Zoobi Shahnaz, supposedly stole tens of thousands of dollars from American Express Bank, Chase Bank, Discover Bank and TD Bank before forwarding her ill-gotten gains to Syri
Please share if you find this article interesting. Ethereum, Ripple and Litecoin Boom As Bloomberg Adds Them To Terminal Ripple (XRP) has hit huge new all-time highs as the altcoin joins Ethereum (ETH) and Litecoin (LTC) in debuting on Bloomberg Terminals. News that Bloomberg had added the three cryptocurrency assets to its benchmark price tracker sent XRP soaring to almost $0.90 per coin - an increase of almost 300 percent in just three days. The publication’s journalist Lily Katz confirmed the additions Thursday. Come one, come all -- @TheTerminal has officially added ether, litecoin and ripple pricing pic.twitter.com/RDGchH5QEP — Lily Katz (@LilyKatz) December 14, 2017 This week has seen altcoins broadly return to form after several weeks of intense investor attention on Bitc
Please share if you find this article interesting. Waves 1.0 Release Sees Culmination Of 18-Month Development Blockchain platform Waves is gearing up to release its “totally redesigned” version 1.0 Wednesday after an 18-month development phase. A press release issued Wednesday gives extensive details of the token launcher and wallet’s redesign, something Waves alleges places greater emphasis on user-friendliness. Preparations surrounding the release began last month after a stress test of the forthcoming new technology called Waves NG was completed. Waves NG aims to address the issue of Blockchain reliability under heavy loads, occurring during events such as token distribution. Waves has made advances in its native jurisdiction this year, achieving regulatory advantages through