US Government offers bounty in Bitcoin to fight cybercrimes
    24 Jul 2021
    596 Views

    The U.S. Department of State is first offering to pay a bounty in crypto worth up to $10 million (315 BTC) in exchange for relevant intelligence regarding cyberattacks organized by foreign governments. The Rewards for Justice program operated by the Diplomatic Security Service was announced in a July 15 statement. The payment would be provided…

    Bitcoin: post-dollar and post-gold?
    24 Jul 2021
    449 Views

    Every once in a while it helps to stop, get away from the hustle and bustle of exchange rates and new tokens, look around and try to understand the role of cryptocurrencies in the world today and what it will be in 10 or 20 years. After all, everyone seems to have already realized that…

    Californian nuclear power plant bets on Bitcoin mining
    22 Jul 2021
    487 Views

    Californian nuclear energy provider Oklo announced its 20-year partnership with the Bitcoin mining firm Compass. According to a release, the first phase of the partnership will start in the early 2020s providing Compass 150MW of nuclear-generated energy for crypto mining. “Cryptocurrency mining offers promising pathways to accelerate the deployment of clean energy technologies, and Oklo…

    US Treasury Secretary urges federal agencies to quickly introduce stablecoin regulations
    22 Jul 2021
    459 Views

    Treasury Secretary Janet Yellen told regulators Monday that the U.S. government must move quickly to establish a regulatory framework for stablecoins, a rapidly growing class of digital currencies. The President’s Working Group on Financial Markets expects to deliver regulatory recommendations for stablecoins in the coming months. According to Reuters, Treasury Secretary Janet Yellen held a…

    Bitcoin falls below $30,000 as global markets worries over pandemic

    Bitcoin price fell Tuesday below $30,000 for the first time since last month, which drags down other digital currencies as investors worldwide fret about the Delta variant and the next stage of the COVID-19 pandemic. According to CoinMarketCap data, the whole cryptocurrency market lost about $89 billion in 24 hours. However, Glassnode’s report indicates large…

    Dubai Coin: a story of cryptocurrency fraud in the Gulf countries
    22 Jul 2021
    546 Views

    DubaiCoin positioned itself as a regular cryptocurrency, specialized for the UAE market. Its DBIX tokens were traded on various exchanges, and the roadmap looked quite attractive. But it was all a scam. In May of this year, the attention of the cryptocurrency community was drawn to the DubaiCoin digital currency (DBIX token). As stated in…