A serving military captain and the operator of a cryptocurrency exchange were recently arrested in South Korea on suspicion of espionage for a North Korean hacker. The two South Koreans were allegedly paid a total of $637,789 in bitcoins in exchange for their espionage activities.
Elon Musk, the CEO of Tesla and SpaceX, has persistently backed dogecoin, a cryptocurrency based on memes. He indicated in October that he had invested in it, as well as bitcoin and ether.
If this real estate listing is any indication, Connecticut's Gold Coast will soon become the Crypto Coast.
Allowing a competitive currency market to emerge would strengthen the dollar now while also ensuring its future role as the world's reserve currency.
Three Nigerian citizens are accused of buying bitcoin worth more than $43 million through cryptocurrency trading platforms including Binance and Busha with money laundering profits. Between October and November 2020, the trio is accused of transferring approximately $215 million from Nigeria to Kenya.
The digital currency markets have been volatile in recent months, with bitcoin losing 15.43% and ethereum losing 17.49% versus the US dollar. Furthermore, crypto spot sales are down 18.95 percent from the previous month, while futures and options volumes were also down in April. Lower-than-average transaction volumes usually indicate a drop in general interest, and investors may be waiting for lower prices.
Brent Whitehead and Matt Lohstroh decided to start mining bitcoin in the oil fields of East Texas when they were sophomores at Texas A&M University. The year was 2019, and the concept of oil and gas firms partnering with bitcoin miners was considered both radical and controversial at the time.
At Berkshire Hathaway's annual shareholder meeting on Saturday in Omaha, Nebraska, CEO Warren Buffett and vice chairman Charlie Munger took turns slamming bitcoin.
'The one thing I’m pretty sure of is that it doesn’t produce anything.'
Hackers may utilize the text prediction tool to drain a user's cash just by being able to guess the first word from the BIP 39 list, according to Redditor Andre.