Bitcoin 

U.S. Gov’t Extradites Alleged Fraudster for Selling Fake Securities for $11 M in BTC

The United States has extradited a Swedish national from Thailand for allegedly selling fraudulent securities to investors online, garnering over $11 million worth of Bitcoin (BTC). Per a press release from the U.S. Department of Justice (DoJ) published on Nov. 18, Roger Nils-Jonas Karlsson is on his way to the U.S. to stand trial on behalf of himself and his company, Eastern Metal Securities. The indictment According to the DoJ, Karlsson was arrested on June 17. On July 25, a U.S. federal grand jury indicted Karlsson on charges of alleged…

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Bitcoin 

Hacker Offers $100K in BTC as Bounty for Hacking Halliburton

Anonymous hacker Phineas Fisher will pay up to $100,000 in crypto to hackers for leaking some damaging information about global high-profile firms. The bounty, called the “Hacktivist Bug Hunting Program” was published on Nov. 15 and targets big companies including Israeli spyware vendor NSO Group and American oil company Halliburton, as Vice reported on Nov. 17. The idea of the new bounty is to pay other hackers who carry out politically motivated hacks against firms, which would lead to the disclosure of documents in the public interest, according to Vice.…

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Ethereum 

Ether and BTC Didn’t Face Regulations Unlike New Projects

Ethereum and Bitcoin (BTC) did not have to comply with regulation, admitted Ethereum co-founder Joseph Lubin in an interview with industry news outlet Forkast published on Nov. 18. During the interview — which took place at the Hong Kong FinTech Week — Lubin noted that new projects need to comply with regulations, and explained the impact of the application of security law to the cryptocurrency space. You can’t sell a utility token, it’s not one Lubin said that — to attract investors — any project has to promise that its…

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Ethereum 

Crypto Markets Showing Signs of Recovery, While BTC Stalls Above $8500

Sunday, Nov. 17 — Crypto markets are showing mild signs of recovery, while Bitcoin (BTC) stumbles above the $8,500 price mark. Cryptocurrency market daily overview. Source: Coin360 For the better part of the day, the world’s largest cryptocurrency has been trading within a tight range between $8,500 and $8,600, while slowly finding its way towards the $8,700 price mark in recent hours. Bitcoin is currently trading at a price of $8,515, showing limited gains of .32% on the day. Bitcoin daily price chart. Source: Coin360 Slow bleed to $8,200 possible?…

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Ethereum 

Crypto Markets Turn Red While BTC Fails to Impress Below $8,500

Friday, Nov. 15 — Crypto markets are mostly showing red candlesticks, while Bitcoin (BTC) fails to impress as it crawls its way below the $8,500 price point. Cryptocurrency market daily overview. Source: Coin360 For most of the day, the world’s largest cryptocurrency has been trading within a tight range between $8,700 and $8,600, while taking a sudden swing below the $8,500 price mark during recent hours. Bitcoin is currently trading at a price of $8,480, showing a loss of 1.85% on the day. Bitcoin daily price chart. Source: Coin360 Despite…

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Bitcoin 

Like FAANG Stocks, BTC Will Hit $25K Due to ‘Network Value’

Fundstrat’s Tom Lee believes Bitcoin (BTC) will accrue price value following a similar logic to the Silicon Valley tech titans. During an interview for CNBC’s Street Signs Asia on show on Nov. 15, Lee argued that cryptocurrencies “are network value assets” — and share this with the world’s most successful tech stocks. “Network value assets” Lee — a renowned Bitcoin bull, co-founder and Wall Street strategist at Fundstrat Global Advisors — made his argument when asked about the logic behind Fundstrat’s $25,000 by 2022 forecast for Bitcoin.  Noting that the…

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Bitcoin 

Grin Receives Anonymous 50 BTC Donation, Sparking Satoshi Rumors

Privacy-centric coin Grin received an anonymous 50 Bitcoin (BTC) donation to its General Fund on Nov. 11, sparking a bizarre rumor that the generous soul behind it was Satoshi. The donation, announced the same day by Grin on Twitter, was made via crypto exchange Coinbase by a donor who expressly wished to remain anonymous, according to a Nov. 11 forum post by Grin dev Daniel Lehnberg.  “Work freely” without dependency Lehnberg has revealed that he briefly interacted with the donor. While upholding his/her/their desired anonymity, he nonetheless shared some of…

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