A new security report by Microsoft says nation-state hacker group Bismuth is now deploying cryptocurrency-mining malware alongside its regular cyber-espionage toolkits. According to the report, the deployment by Bismuth of Monero coin miners in recent campaigns has provided another way for the attackers to monetize compromised networks. Bismuth is reportedly backed by the Vietnamese government. […] The post Microsoft Report says Nation-State Hacker Group is Leveraging Cryptocurrency Techniques to Stay Under the Radar appeared first on Bitcoin News. https://news.bitcoin.com/microsoft-report-says-nation-state-hacker-group-is-leveraging-cryptocurrency-techniques-to-stay-under-the-radar/

The US government says it has extradited Gutemberg Dos Santos, the co-founder of the Airbit Club Ponzi scheme from Panama and he now awaits his trial in a Manhattan court. Dos Santos is facing charges relating to his role in perpetuating a “cryptocurrency” scam which defrauded victims of “tens of millions of dollars.” Fraudulent Claims […] The post Mastermind of Bitcoin Mining Ponzi Scheme Extradited to the US: $20 Million in Victims’ Funds Laundered appeared first on Bitcoin News. https://news.bitcoin.com/mastermind-of-bitcoin-mining-ponzi-scheme-extradited-to-the-us-20-million-in-victims-funds-laundered/

The DeFi ecosystem has been growing faster than anyone can keep up with recently. Billions of dollars in digital assets are invested, despite all the problems the current services suffer from. Buggy code, security vulnerabilities and shady anonymous developers are just some of the issues that can make the DeFi space too risky right now. […] The post xSigma DeFi Is a Game Changing Protocol Backed by a NASDAQ Listed Company appeared first on Bitcoin News. https://news.bitcoin.com/xsigma-defi-is-a-game-changing-protocol-backed-by-a-nasdaq-listed-company/

Crypto asset broker Voyager Digital Ltd reported Monday that revenue for the fiscal first quarter soared 186% to $2 million from $700,000 in the previous quarter, as more users utilized the platform. ● Voyager co-founder and chief executive officer Stephen Ehrlich said the number of people using their brokerage to invest in cryptocurrencies such as […] The post Crypto Broker Voyager’s Q1 Revenue Soars 186%, Assets Under Management Jump to $150 Million appeared first on Bitcoin News. https://news.bitcoin.com/crypto-broker-voyagers-q1-revenue-soars-186-assets-under-management-jump-to-150-million/

As bitcoin surpassed its 2017 all-time high on Monday morning, a few hours later 5,045 BTC or $97 million worth of bitcoin from the 2016 Bitfinex hack was transferred. The hackers that stole the funds four years ago have moved the bitcoins numerous times this year. The hackers that stole 119,756 BTC from the cryptocurrency […] The post Over 5,000 Bitcoin Worth $97 Million from the 2016 Bitfinex Hack Spring Into Action appeared first on Bitcoin News. https://news.bitcoin.com/over-5000-bitcoin-worth-97-million-from-the-2016-bitfinex-hack-spring-into-action/

PRESS RELEASE. The term “ecosystem” flies on the radar within the blockchain and business development industries nowadays. There must be a great need for a productive, digital, and self-sustaining environment with all the essential ingredients for investing, business development, and career growth. Ideaology saw the need for such a platform and developed the Active IDEA […] The post Ideaology’s IDEA Token – Uniting Freelancers and Startup Innovators appeared first on Bitcoin News. https://news.bitcoin.com/ideaologys-idea-token-uniting-freelancers-and-startup-innovators/

As Americans wait to hear if they will receive second stimulus checks, lawmakers are scrambling to avert the looming government shutdown. A spending bill, which could include some stimulus measures, must be passed before the Dec. 11 deadline to avoid the shutdown. Stimulus Payments Affected by Government Shutdown As U.S. lawmakers continue their stimulus negotiations, […] The post Status of Second Stimulus Checks as Deadline for Government Shutdown Draws Near appeared first on Bitcoin News. https://news.bitcoin.com/second-stimulus-checks-status-deadline-government-shutdown/

ECB President Christine Lagarde downplays any risks bitcoin and other cryptocurrencies could pose to financial stability and monetary sovereignty. In contrast, she sees stablecoins, such as Facebook-backed libra, as posing “serious risks.” Christine Lagarde, Bitcoin, and Facebook’s Libra The president of the European Central Bank (ECB), Christine Lagarde, shared her view on the future of […] The post ECB Chief Christine Lagarde Downplays Bitcoin’s Risks to Financial Stability, Troubled by Stablecoins appeared first on Bitcoin News. https://news.bitcoin.com/ecb-christine-lagarde-downplays-bitcoin-risks-financial-stability/

PRESS RELEASE. What is yield farming? Yield farming, also referred to as liquidity mining, is a way to generate rewards with cryptocurrency holdings. In simple terms, it means locking up cryptocurrencies and getting rewards. In some sense, yield farming can be paralleled with staking. However, there’s a lot of complexity going on in the background. […] The post Earnfinance Is a Powerful DeFi Platform for Staking, Farming and Borrowing – YFE Presale Is Live appeared first on Bitcoin News. https://news.bitcoin.com/earnfinance-is-a-powerful-defi-platform-for-staking-farming-and-borrowing-yfe-presale-is-live/

Gold investors are getting anxious, as the precious metal’s prices have slid a great deal since a number of vaccine companies have revealed medicines to combat the coronavirus. The price of one ounce of fine gold is valued at $1,770 per unit after the precious metal registered the third straight weekly loss in a row. […] The post Gold Sees Largest Weekly Outflow Ever, Metal Prices Spiral Lower, Analysts Expect Flows Into Bitcoin appeared first on Bitcoin News. https://news.bitcoin.com/gold-sees-largest-weekly-outflow-ever-metal-prices-spiral-lower-analysts-expect-flows-into-bitcoin/

The Venezuelan Army has inaugurated a cryptocurrency mining center with bitcoin mining equipment aimed at generating “unblockable income,” as the country attempts to bypass U.S. sanctions. The crypto mining center has the support of the country’s crypto regulator, Sunacrip. Venezuela’s Army Starts Cryptocurrency Mining The Venezuelan Army’s cryptocurrency mining center was inaugurated on Nov. 19 […] The post Venezuelan Army Starts Mining Bitcoin for ‘Unblockable Income’ appeared first on Bitcoin News. https://news.bitcoin.com/venezuela-army-mining-bitcoin-for-unblockable-income/

Digital currency markets are on a tear this week, as a myriad of crypto assets have seen enormous gains during the last two days. Then finally, on November 30, 2020, the largest blockchain in terms of market cap, bitcoin (BTC) surpassed the crypto asset’s 2017 all-time highs (ATH) after crossing the highly anticipated $19,860 zone […] The post Bitcoin Crushes Previous All-Time Price Highs Surpassing 2017’s Bull Run appeared first on Bitcoin News. https://news.bitcoin.com/bitcoin-crushes-previous-all-time-price-highs-surpassing-2017s-bull-run/

Guggenheim’s billion-dollar Marco Opportunities Fund (MOF) may seek indirect exposure to BTC through the investment of 10% of its net asset value into Grayscale’s BTC Trust (GBTC). The investment (when complete) means MOF will have committed as much as $497 million into the GBTC. In a November 27 amended prospectus filing with the U.S. SEC, […] The post Guggenheim Investment Fund to Invest $497 Million in Grayscale’s GBTC Seeking Bitcoin Exposure appeared first on Bitcoin News. https://news.bitcoin.com/guggenheim-investment-fund-to-invest-497-million-in-grayscales-gbtc-seeking-bitcoin-exposure/

The Great Reset agenda is trending once again on social media, numerous news outlets, and a variety of online forums. During the last few months, the Great Reset proposal has been pushed worldwide, as it allegedly seeks to create a sustainable economy following the coronavirus pandemic. Meanwhile, a great number of people are skeptical of […] The post Fighting Definancialization: Cryptologic Methods Like Bitcoin Could Protect Wealth From the Great Reset appeared first on Bitcoin News. https://news.bitcoin.com/fighting-definancialization-cryptologic-methods-like-bitcoin-could-protect-wealth-from-the-great-reset/

SINOVATE’s Incorruptible Data Storage (IDS) dCloud network is providing game-changing decentralised cloud storage to the market – and to do that, the network needs reliable, distributed hardware and dedicated servers which will provide it with the stability and longevity needed to run this ground-breaking service. 2020 – What a Year for Crypto From rampant COVID-19 […] The post Better than DeFi: SINOVATE’s New Infinity Nodes Provide Up to 130% Returns appeared first on Bitcoin News. https://news.bitcoin.com/better-than-defi-sinovates-new-infinity-nodes-provide-up-130-returns/

The Russian prime minister has outlined the government’s plans to amend existing laws to recognize cryptocurrency as property. This means bitcoin owners will have the legal rights to defend and recoup their cryptocurrencies in court. Russia to Recognize Bitcoin as Property During the government meeting on Thursday, Russian Prime Minister Mikhail Mishustin talked about Russia’s […] The post Russia to Recognize Bitcoin as Property With Legal Protection appeared first on Bitcoin News. https://news.bitcoin.com/russia-recognize-bitcoin-property-legal-protection/

A Canadian publicly held company has liquidated all of its ethereum and monero holdings and put all of the proceeds into bitcoin. The company is led by a well-known poker player and former member of the European Parliament. Cypherpunk Dumps Monero and Ethereum for Bitcoin Cypherpunk Holdings, a Toronto-headquartered company listed on the Canadian Securities […] The post Canadian Public Company Dumps Ethereum and Monero for Bitcoin appeared first on Bitcoin News. https://news.bitcoin.com/canadian-public-company-cypherpunk-dumps-ethereum-monero-for-bitcoin/

PRESS RELEASE. Centralized exchanges have been the backbone of the cryptocurrency market for years. They offer fast settlement times, high trading volume, and continually improving liquidity. However, there’s a parallel world being built in the form of trustless protocols. Decentralized exchanges (DEX) require no middlemen or custodians to facilitate trading. Due to the inherent limitations […] The post Introducing MoonDeFi, a New Part of Decentralized Finance appeared first on Bitcoin News. https://news.bitcoin.com/introducing-moondefi-a-new-part-of-decentralized-finance/

Ripple Labs Inc. is selling 4 million of its shares in Moneygram, or about a third of its total shareholding in the company. The decision seems in part to be motivated by the surging Moneygram share price and Ripple’s desire to cash out after buying the shares at a premium of $4.10 in 2019. At […] The post Ripple Is Selling 33% of Its Stake in Moneygram appeared first on Bitcoin News. https://news.bitcoin.com/ripple-selling-33-stake-in-moneygram/

Digital asset markets have recaptured some of the losses taken three days ago, as a great majority of the crypto economy has started to rebound after the market rout. Bitcoin has climbed above the $18k handle once again and a myriad of crypto assets are up between 1-6% during the last 24 hours. After dropping […] The post Market Update: Bull Trap Warnings After Bitcoin Shoots Above $18k Handle appeared first on Bitcoin News. https://news.bitcoin.com/market-update-bull-trap-warnings-after-bitcoin-shoots-above-18k-handle/