Bitcoin Email Scams 2020: Threatening Blackmail Tactics Used to Demand BTC
The number of bitcoin email scams has been growing in 2020 and the authorities in several countries have warned of new blackmail tactics used in threatening email scams asking for bitcoin. As the world scrambles to cope with the coronavirus pandemic and economic crisis, email scams are taking advantage of people’s fear to extort bitcoin. Bitcoin Email Scams 2020 The coronavirus crisis has caused a lot of panic and scammers are...
Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations
Since the start of the coronavirus outbreak, the U.S. Federal Reserve has created trillions of dollars in order to keep the central bank’s private partners’ liquidity strong during the economic downturn. These moves have caused a number of sound money advocates and economists to explain that the Fed’s monetary policies will lead to hyperinflation in the U.S. Now that the petro-dollar is on its last leg, market...
Dydx Processed $1.1 Billion Cryptocurrency Loans in 12 Months — 70% in Just 60 Days
Cryptocurrency lender Dydx advanced a total of $1.14 billion in digital asset loans over the past 12 months. But about 70% of the money was borrowed in just two months, February and March, as coronavirus-linked volatility triggered a frenzy of borrowing among investors. Monthly volume remained below $100 million in the nine months to January but rose sharply between February and March to about $300 million and $400 million,...
Bitcoin to Be Digital Gold in 2020, Says Bloomberg Report
Bitcoin will mature into a gold-like store of value this year, according to the latest projections by Bloomberg. The financial magazine’s report, “Bitcoin Maturation Leap,” notes that the cryptocurrency is poised for a bull run, after being temporarily dragged by the coronavirus-induced stock market tailspin. With its correlation to gold jumping to all-time highs, BTC is poised to transition from a risk-on...
General Bytes ATM Developers Add Two-Way Support for Bitcoin Cash-Based SLP Tokens
The Simple Ledger Protocol (SLP) has been extremely popular among Bitcoin Cash (BCH) advocates and the SLP token universe has grown quite large. SLP tokens have seen a myriad of applications built around them and a slew of unique tokens have gained real-world value after being listed on exchanges. Now the cryptocurrency automatic teller machine (ATM) manufacturer, General Bytes, announced the team has recently implemented two-way...
