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Elizabeth Gail

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Elizabeth Gail

Hacking Bitcoin: Report Says China Can Attack the Bitcoin Mining Network

According to a recent research report compiled by researchers from the Florida International University and Princeton University, China has tremendous influence over the bitcoin network largely due to its monopolization…

Bitcoin Mining: Chinese Man Gets 3.5 Year Sentence for Stealing Power to Mine Bitcoin

A Chinese man has been handed a three and a half year sentence for illegally tapping power from a train station in China for crypto mining purposes. According to a…

Silk Road Admin Indicted for Involvement in Money Laundering and Drug Trafficking Network

Former Silk Road administrator Gary Davis, also known as Libertas, has pled guilty to drug distribution charges related to the dark web operation.

Institutional Investors Using OTC Markets to Enter the Bitcoin Market

Institutional investors are getting into the Bitcoin market via OTC trading platforms. Currently, the OTC trading market is said to be over two times the size of regulated exchanges with…

Crypto Market Tumbler Services and Exchanges Used to Launder over $80 Million

A crypto market investigation launched by the Wall Street Journal has revealed that almost $90 million worth of cryptocurrencies has been laundered through cryptocurrency exchanges based in the United States…

Inflated Success: Cryptocurrency Exchange Trading Secrets Revealed

The cryptocurrency market is a high-octane playground for day Lambo dreamers and investors. It has made some super-rich, almost overnight and reduced others to the brink of bankruptcy. And of…

North Korea Can Use Hot Virtual Wallets to Circumvent U.S. Sanctions

North Korea is a country that has been hit hard by U.S. sanctions in recent years, as the international community, and specifically the United States government attempts to push its…

Why Major U.S. Financial Companies Avoid the Crypto Market

Major U.S. companies have been avoiding the crypto market for a long time. And now, according to Mike Novogratz, a prominent investor and former hedge fund manager at Fortress Investment…

Bitcoin Mining Giants Woo Miners with Next-Generation Chips

Bitcoin mining, hardware maker, Bitmain, has announced a new next-gen mining ASIC chip dubbed the BM1391. Bitmain’s co-founder, Jihan Wu, recently made the announcement at the Digital Mining Summit in…

NSA Tools Used to Unleash Crypto Mining Malware by Hackers

Hackers are now using software developed by the US National Security Agency (NSA) to illicitly mine cryptocurrencies. According to a recent report released by the Cyber Threat Alliance (CTA), compiled…