• Coronavirus hits darknet revenues
    Bitcoin

    Even drug dealers are hurting as coronavirus hits darknet revenues

    Blockchain intelligence firm Chainalysis finds bitcoin spending is dropping on darknet markets and gambling sites, but not legitimate merchants; crypto scammers are stepping up

    The pandemic's economic destruction is so bad that even retailers of what may be the most recession-proof product there is—illegal narcotics—are feeling the pinch as coronavirus hits darknet revenues.

  • Huobi Perpetual swaps ‘exploit market volatility’
    Bitcoin

    Huobi perpetual swaps ‘exploit market volatility’

    Huobi DM pitches new perpetual swaps futures contracts as a way to profit from extreme price swings

    In the wake of Black Thursday, Huobi Group’s derivatives platform launched a perpetual swaps product it says can help cryptocurrency traders profit from market volatility, and also hedge against it.

  • The Case against Craig Wright as Satoshi Nakamoto
    Bitcoin,  Commentary,  People

    The Case against Craig Wright, Part I (2009-2011)

    A #Faketoshi hobbyist walks us through the details behind accusations that Craig Wright lied and forged proofs that he is Bitcoin creator Satoshi Nakamoto

    The problem is that people who claim Craig Wright is a fraud are mostly disorganized. So today we are just going to put it all out on the table. For that we look to Arthur van Pelt, a Dutch "bitcoin entrepreneur" who spends his free time digging for information that will debunk Wright's claim to be Bitcoin creator Satoshi Nakamoto.

  • growling bear bitcoin market panic
    Bitcoin,  Cryptocurrencies

    Bitcoin too efficient for its own good

    Facing a cash crunch after the stock market tanked today, investors sold off cryptocurrency holdings that settle in seconds to protect securities investments that take two days

    It isn’t entirely fair to claim that bitcoin’s reputation as a hedge against bad times fell short on a day in which the word 'panic' was used to describe the markets.