• Bitcoin regulated globally Lagarde
    Bitcoin,  Regulation

    Bitcoin used for ‘funny business’ and must be regulated globally: Lagarde

    The ECB president says Bitcoin is being used for ‘totally reprehensible money laundering activity’ and calls for international efforts to clamp down on crypto

    European Central Bank President Christine Lagarde has called for a global crackdown on the world’s biggest cryptocurrency—and said existing loopholes need to be closed. With the crypto markets surging in recent weeks, this serves as further evidence that central banks are scrutinizing BTC like never before.

  • Markets Report Bitcoin Price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin holds its breath as ‘next bull run’ is due

    A quiet day for Bitcoin markets comes as market participants already prepare themselves for the next big move up; Oaktree Capital’s Howard Marks is the latest bitcoin skeptic coming around

    In a note to clients on Wednesday, Chinese exchange BTCC said that the past few days had laid the foundations for upside to once again take over the market. “Bitcoin remains a strong bullish sentiment as the top 100 richest addresses kept accumulating more than 350,000 BTC in the last 30 days” it noted.

  • ransomware hackers demand bitcoin for sex toy
    adblock,  Bitcoin,  Technology

    Hackers demand $700 bitcoin ransom for man’s “family jewels”

    Hackers took control of an app-controlled, internet-of-things connected male chastity device in an attempt to obtain a ransom, according to a report

    According to a Jan. 11 report, hackers took advantage of a known cybersecurity vulnerability in the software of a “smart” sex toy, hoping to effectively hold the man who used the device hostage, by locking him in the chastity device.

  • markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin sees record rebound after halting dip at $30,000

    No sooner had sellers driven the market to $30,000 support did Bitcoin stage a miraculous recovery, climbing over $6,000 in hours. Did Coinbase/Kraken outages contribute to Monday’s drop?

    Bitcoin saw a dramatic rebound on January 12 as a bearish dive to $30,000 came to an abrupt end. Data from CoinMarketCap and TradingView showed BTC/USD attacking levels it had lost in the previous day’s trading on Tuesday, reaching local highs of $36,600. At press time, $33,000 was in play as a potential support level as ranging behavior returned to the market.