Paxful, the peer-to-peer alternative to LocalBitcoins, has reported to CCN that over 17,000 peer-to-peer trades per day take place in Africa using their platform. The majority of these trades take place with iTunes and Amazon gift cards as the paymen
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(+) Tron Price Analysis: Momentum Slows Despite Strong Fundamental Activity
The post (+) Tron Price Analysis: Momentum Slows Despite Strong Fundamental Activity appeared first on CCN
Prominent YouTuber Claims Brave’s BAT Payments System Violates GDPR
Prominent YouTube personality Tom Scott has accused Brave, the adblock browser, of unethical and possibly illegal behavior by collecting BAT donations on his behalf from viewers without his knowledge or consent. Writing in a Twitter thread posted on
Despite Taking Down 90 Crypto Scams, US Regulators Recovered Just $36 Million for Victims
Regulators in the United States have filed over 90 cryptocurrency fraud cases in the last two years, the Wall Street Journal reports. While it is difficult to determine the amount that investors have lost, regulators at both the federal and state lev
Bitcoin: Developer Explains Why a Multi-Asset Lightning Network Might Not Work
A contributor to the Lightning Network codebase who goes by the name ZmnSCPxj recently wrote a reasoned post to the Lightning Development mailing list detailing what he views as a limitation of the network, which is considered by many to represent th
Bitcoin Wallet Malware Scam Targets Electrum Users And Garners Over 200BTC
An attack on the Electrum bitcoin wallet has so far netted hackers over 200 bitcoin worth around $750,000. The attack began on December 21, 2018. Though it has victimized some unsuspecting users, it can be avoided. Electrum is a Bitcoin wallet which
The Big Long: Faith in Underwater Mortgages Nets Hedge Fund $2.6 Billion Payday
The film “The Big Short” is about how Michael Burry's Scion Capital and others famously uncovered the housing bubble and sought to profit from it. Fir Tree Capital Management was part of this story as well, except they were on the oth
Australia: Crypto Startup Power Ledger Takes Flak for Rewarding Rogue Bounty Hunters
An Australian blockchain-based peer-to-peer electricity trading startup is on the receiving end of criticism for rewarding bounty hunters who used unscrupulous means to drive interest in its crypto token. According to the Financial Review, Power Ledg
Why Amazon is En Route to End Q4 as Worst Quarter Since 2008 Recession
Amazon is now the fourth largest company in the world behind Apple, Microsoft, and Alphabet (Google) after suffering its worst quarter since the 2008 recession. Merely three months ago, at the start of the fourth quarter of this year, Amazon was valu
Bitcoin Miner Raked in $14.5 Million in Crypto Using $3 Million in Stolen Electricity: Police
A bitcoin miner in Taiwan was arrested and charged for mining 100 million yuan (roughly $14.5 million) in crypto using NT$100 million (or $3.2 million) in stolen electricity. The man, whose surname is Yang, is accused of operating 17 illegal cryptocu