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Japan’s Largest Bank Is Preparing For A Bitcoin Exchange Collapse

The February 2014 collapse of Tokyo-based bitcoin exchange Mt. Gox was, for more than 24,000 investors around the world, a traumatic event. It also ushered in a two-year crypto bear market that saw the price of a single bitcoin plunge from a peak of $1,200 to a low of around $200 before the torrid bull […]


Bitcoin: Gold Rush in the Wild Wild Math Game

By EconMatters   Bitcoin has become a buzz word in the investing community, not as an alternate currency unit replacing the fiat money, but as an asset class with a spectacular 1,600%+ return this year, valuation almost doubled just in the December month alone. Bitcoin was heading towards $20,000 before pulling back to $15,000 level on […]


North Korea-Linked Hackers Stole Bitcoins From Seoul-Based Exchange

As we pointed out yesterday, bitcoin and other tokens across the crypto space sold off following reports that South-Korea based exchange YouBit had been hacked, forcing its owner into bankruptcy. The exchange reported that hackers had stolen 17% of assets held in the exchange’s digital wallet. However, Yapian, YouBit’s owner, didn’t specify the value of […]


As Bitcoin Surges To New Record Highs, 5 Lessons For Every Crypto Investor

Once again the stories of the death of Bitcoin appear to greatly exaggerated. image courtesy of CoinTelegraph Overnight Asian demand sent the cyrptocurrency to a new record high at $17,934 (Bitstamp). Ethereum is off from its $750 highs, but rallying again today… Today's preice action in ETH and BTC show the ususual trade-off… And while […]


Concerned About Bitcoin Security? Try This…

Authored by Simon Black via SovereignMan.com, It happened again. Last week, hackers stole 4,700 Bitcoins (over $80 million at today’s price) from mining marketplace NiceHash. (The company pairs up people with spare computing power with others who are willing to pay to use that capacity to mine Bitcoin– and then announced they would reimburse users […]


Bitcoin Futures Tumble As Spot-Arbitrage Collapses

Update: The Bitcoin Futures-Spot arb spread has collapsed to around $600 in the early evening trading (led by Futures selling more than spot buying)… From a premium of over 13% last night, Futures now trade at just 4.5% above spot as the arb-spread tumbles. On a side note, we se that the Bitcoin Trust premium […]


Largest Crypto-Mining Exchange Confirms It Was Hacked, Over $50 Million In Bitcoin Stolen

As Bitcoin explodes higher on what now appears to be constant demand out of South Korea, there were unconfirmed (at least until recently) reports that Nice Hash, the largest crypto-mining marketplace, has been hacked with over 4,000 bitcoins worth over $50 million stolen. NiceHash has suffered a completely unpredictable and unforeshadowed cut and run^W^W^Whack, so […]


Largest Crypto-Mining Exchange Confirms It Was Hacked, $62 Million In Bitcoin Stolen

Update: as @MillionsBitcoin points out…. NiceHash wondering where your stolen bitcoins are? Here they are4736 $btc stolen$usd Value: 62,729,994#bitcoin #BTC #NiceHash #bitcoinmining #Hacked pic.twitter.com/1Ajh7lDAo0 — Bitcoin Millionaire (@MillionsBitcoin) December 6, 2017 … the total amount of bitcoins stolen from Nice Hash is 4736, or just over $62 million, and they have ended up at the […]


Kunstler: Bitcoin Is The High-Point Of Techno-Narcissism

Authored by James Howard Kunstler via Kunstler.com, Shoeshine boys in airports ‘round the world must be whispering about Bitcoin as the crypto-currency coils upward to tickle the $10,000 line. Ethereum’s roaring up, too, along with most other cryptos, from Byteball Bytes to Tattoocoin (Limited Edition). Whatever else you think about it, this action is sending […]


5 Tips For New Bitcoin Investors

Authored by Darryn Pollock via CoinTelegraph.com, Taking the plunge and entering the crypto space can be daunting. There is no centralized authority to hold your hand, and the rumors and stories circulating around digital currencies can be fear-inducing. image courtesy of CoinTelegraph However, with a few straightforward tips, negotiating that first Bitcoin transaction or trade […]


Bitcoin Tumbles Then Rebounds After Hackers Steal $31 Million Tethers

The rise in Bitcoin’s price was approaching "warp speed" above $8,200 overnight when, as so often happens, it went into another sharp reversal. After hitting an intra-day high of almost $8,265 in early trading on Tuesday, the price crashed more than $400 to $7,827, its biggest drop since November 13. This time it wasn’t another […]


As Bitcoin Nears $8000, American Investors Plan To ‘HODL’ Until It Hits $196,000

Overnight saw the price of Bitcoin surge to $7997 following Zimbabwe chaos and defaults in Venezuela, rebounding from 'the world is ending' $5555 last weekend. However, if American investors are to be believed, the cryptocurrency has a long way to go before they are selling… As CoinTelegraph reports, a new survey among Americans indicates that […]


The World’s Largest ICO Is Imploding After Just 3 Months

Earlier this summer, Tezos smashed existing sales records in the white-hot IPO market after the company’s pitch to build a better blockchain for cryptocurrencies made it one of the buzziest ICOs in the world. As we noted at the time, the company capitalized on that buzz by courting VC firms and other institutional investors with […]


A Look Inside The Secret Swiss Bunker Where The Ultra Rich Hide Their Bitcoins

Somewhere in the mountains near Switzerland’s Lake Lucerne lies a hidden underground vault containing a vast fortune. It’s no ordinary vault, according to Quartz. Built inside a decommissioned Swiss military bunker dug into a granite mountain, it’s precise location is a closely guarded secret, and access is limited by myriad security precautions. But instead of […]