BlockFi Review: Is BlockFi Safe, Legit, and Worth Your Time? 

With a 6.2% APY on BTC, the BlockFi Interest Account seems like a ray of sunshine for digital asset holders that have grown used to having their holdings slosh around with market volatility. Let’s explore in our BlockFi review.  The BlockFi Interest Account: It allows users to earn competitive compound interest rates on their cryptocurrency …

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White House Market Wants to Become the Darknet’s Toughest DNM

White House Market (WHM) is an ultra-secure darknet market (DNM). It disallows Javascript, enforces PGP throughout, admins key sign every 72 hours, and only accepts monero (XMR). It might be the darknet’s most private market. But do its vendors deliver? News.Bitcoin.com dusted down some XMR and decided to find out. Also read: How to Encrypt …

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What Triggered the Recent BTC Price Surge, Beyond the Iranian Crisis

Tensions between the U.S. and Iranian administrations are believed to have triggered the most recent BTC price surge. Bitcoin prices surged monetarily on January 7 in anticipation of a situational escalation. It led to some investors seeking refuge in safe-haven financial assets to hedge against an imminent calamity. Bitcoin rates spiked to $8,168, a new …

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Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance

During the first month of the new year, the research firm Tokeninsight published its “Mining Industry Annual Research Report,” which covers the competitive bitcoin mining sector. Tokeninsight’s study highlights the fact that BTC’s hashrate increased by 80% in 2019, even though BTC’s year-over-year average price dipped by 1.9%. Tokeninsight’s report also notes that more than …

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Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone

South Korean cryptocurrency exchange Bithumb has pledged to invest roughly $8 million into the Busan blockchain zone. The region was recently declared “regulation-free” by the national government and modeled after the Switzerland town of Zug. Bithumb’s subsidiary GCX Alliance will discuss the preliminary plans with the Financial Services Commission (FSC) this month. Also read: Mining …

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How Dropgangs and Dead Drops Are Transforming Darknet Practices

Since the creation of the Silk Road, authorities have waged a war against the online drug trade with a wave of surveillance and enforcement. However, crypto-anarchists are developing new ways to evade the state’s tentacles as the next technological phase started to emerge in late 2017. On Monday, the Cypherpunk Bitstream podcast discussed the evolution …

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Turkey Prepares to Increase Oversight in the Crypto Space

Turkish authorities, alarmed by the spread of cryptocurrencies in the country, are reportedly ramping up efforts to introduce greater oversight into the sector. Local media revealed that regulators are under pressure to increase supervision in 2020 because of the growing popularity of decentralized crypto assets among Turks. Also read: Uzbekistan Bans Citizens From Buying Crypto, …

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Donald Trump’s Senior Economic Advisor Is Working on a Stablecoin

There’s at least one blockchain bull in Washington D.C.  Stephen Moore currently serves as Donald Trump’s senior economic adviser. Moore played an instrumental role in the writing and passage of the Tax Cuts and Jobs Act (2017) and briefly entertained a Trump nomination to serve as a governor of the Federal Reserve and help manage …

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