News 

Dutch Authorities Shut Down Bestmixer

The Dutch Financial Intelligence and Investigation Service (FIOD) has shut down cryptomixing site Bestmixer.io. According to local media, Dutch authorities moved to shut down the site on May 22, 2019, as part of a joint operation with police agencies from several European nations, including France, Latvia and Luxembourg. Following concerns originally raised by the online security company McAfee in 2018, the FIOD has claimed that the service was used for money laundering. As Dutch media reported, no arrests have yet been made in the Bestmixer case, as Europol officials attempt…

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Altcoin News Altcoin Price Analysis Crypto litecoin 

Why Litecoin Will Skyrocket 140% in Less Than 3 Months & Hit $220

By CCN: The Litecoin price has enjoyed a breakneck bull run in 2019, launching the cryptocurrency nearly 200 percent higher in less than six months. But while cautious investors might be tempted to take their profits and run, a crucial upcoming event could send Litecoin another 140% higher over the next three months, enabling LTC to eclipse the $220 mark for the first time in more than a year. The trigger from this mammoth ascent? Litecoin’s long-awaited “halvening,” which will slash block rewards by 50%, from 25 LTC to 12.5…

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News 

7,000 BTC Lost in Hangzhou Scam

This article was originally published by 8btc and written by Vincent He. Nearly 100 victims from various parts of China have reported to the Hangzhou police bureau, claiming that they were deceived by two young men, named Zhou Yi and Li Xiang, who allegedly stole nearly 7,000 bitcoin through exchanging or borrowing. According to the victims, Zhou and Xiang had claimed on the internet that they could exchange bitcoin as futures and provide interest. The victims trusted them, as some preliminary orders in small amounts were delivered on time. As…

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News 

Bitcoin OTM in Beijing Lasted Less Than a Week Under Regulatory Pressure

This article was originally published by 8btc and written by Lylian Teng. Bitcoin ATM services in China have once again proved to be hopeless, after the first Bitcoin OTM (OTC Teller Machine) in Beijing was removed shortly after its installation. As Bitcoin ATMs are gaining traction throughout the world, the first Bitcoin OTM appearing in Beijing seemed like a giant leap forward for the country, who often holds a hostile approach toward bitcoin. However, the machine, which stood in a Beijing courtyard, was taken down within a week. What Is…

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Bitcoin Crime Crypto russia Sberbank 

Russia’s KGB Successor Warns Terrorists are Turning to Cryptocurrencies

By CCN: Terrorist organizations getting support in the form of cryptocurrency are becoming the norm, according to Russia’s FSB director Alexander Bortnikov. As per local news portal RBC, citing media agency Tass, the chief of Russia’s Federal Security Service (the FSB’s successor) reported on the latest updates in the international terrorist networks at a meeting of the heads of security agencies of Commonwealth of Independent States (CIS) member states. “Electronic payment systems and cryptocurrencies are increasingly being used by terrorists to move money received from some states and organizations that…

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News 

Dutch Man Arrested for $111 Million Fake Mining Scheme

On March 21, 2019, Dutch news outlet NL Times reported that “Berry van M.,” a 33-year-old Dutch businessman and the operator of now-defunct trading platform Koinz Trading, has been arrested on charges of deceiving investors with a bogus bitcoin mining scheme. The report claims that van M. was the director of companies that sold “computers for mining Bitcoin” since 2017 and that he “managed the computers in a so-called ‘mining farm.’” He convinced investors that they would receive returns of 0.3 BTC per month. But when the investors did not…

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bitcoin Bitcoin SV calvin ayre Craig Wright Crypto Opinion satoshi nakamoto 

Bitcoin SV Pumps 125% as Calvin Ayre Runs Satoshi Victory Lap

By CCN: Bitcoin SV (BSV) more than doubled in price on Tuesday fresh off the back of confirmation that Craig S. Wright had registered Bitcoin copyright claims with the U.S. government. The 125% pump in BSV’s value may have been helped along (not a legal term) by Bitcoin SV cheerleader Calvin Ayre. The billionaire owner of Coingeek appeared to ‘inflate’ the importance of Craig Wright’s purely cosmetic copyright claim, suggesting it confirmed his status as Bitcoin founder Satoshi Nakamoto. Calvin Ayre: Convert Your ‘Sh** Coins’ to Bitcoin SV Ayre started…

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