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Bitcoin Bomb Threats, Romanian Fraud Arrests, Bitcoin Cash Continues to Plummet, Coinbase Integrates Paypal and More: This Week in Crypto

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Several Notches Above Ransomware An extortion scheme which sought to terrorize people into paying over BTC made global headlines over the course of the week. The threats happened worldwide, at a minimum being reported in the US, New Zealand, and Australia. The bomb threats demanded $ 20,000 in BTC in exchange for the terrorists to “give

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No, the Price of Bitcoin Didn’t Drop Because of Bomb Threats

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On Friday, as the Bitcoin price fell by around six percent against the U.S. dollar, several reports claimed that the dominant cryptocurrency dropped in value due to bomb threats. One report from Business Insider Australia, for instance, stated that following an email blast of bomb threats in New York, the price of the crypto asset

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Bitcoin Bomb Threats Target Educational Institutions, Businesses and Govt. Buildings in US, Canada

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Hundreds of government buildings, schools and businesses in the United States and Canada were on Thursday targets of extortionists who threatened to detonate explosives unless they were paid thousands of dollars in bitcoin. In most of the emailed bomb threats, the sender claimed that they had an associate who had planted an explosive device at

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Teenage Bomb Hoaxer Jailed after Banking $800,000 in Bitcoin

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An American-Israeli teenager who made bomb threats for a living has been sentenced to a decade in prison by a Tel Aviv court after making a small fortune in bitcoin. According to prosecutors, 19-year old Michael Kadar was responsible for around 2,000 bomb hoaxes between 2015 and 2017, threats which earned him the nickname the

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Bitcoin Bomber: Disgruntled Swede Jailed for Mailing Bomb to London Crypto Firm

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A Swedish man has been found guilty of attempted murder after sending a mail bomb to a bitcoin firm based in London. According to detectives from London’s Metropolitan Police Service, 43-year old Jermu Michael Salonen sent the mail bomb following a refusal by Hackney-based Cryptopay to change his password. As initially reported by the City

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Is Bitcoin Still Ticking Time Bomb?

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Is Bitcoin Still Ticking Time Bomb?

Within the last week in the crypto markets, Bitcoin has been surprisingly stable[ish] and has been juggling between $ 6,450 and $ 6,600. Some investors have come to the conclusion that the markets are becoming boring and it is even getting to the point where they can’t make quick trades on BitMex using Bitcoin.

After looking at the Bitcoin charts, we can see that the last Bitcoin was this stable was during the Spring of last year!

Continue reading Is Bitcoin Still Ticking Time Bomb? at Crypto Daily™.

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Ethereum (ETH) Core Developers Will Delay Difficulty Bomb

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The core developers of the Ethereum (ETH) project revealed Friday that they plan to delay the upcoming “Difficulty Bomb,” which would promote the transition from the blockchain’s Proof-of-Work (PoW) consensus algorithm to Proof-of-Stake (PoS). In the recent YouTube meeting, the team confirmed that it has accepted the EIP-1234 scenario to delay the Difficulty Bomb 12 months and […]
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Ethereum Developers Strike Deal to Delay Difficulty Bomb, Reduce Block Reward by 33%

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A proposal that is expected to change how much ether enters the cryptocurrency economy was finalized on Friday, Aug. 31, as developers agreed to include the code for such a change into Ethereum’s next hard fork, Constantinople. Constantinople is designed to increase efficiency and lower transaction fees on the blockchain. It’s a protocol upgrade that

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Norwegian Bitcoin Mining Firm Hit with Bomb Threat Risks Being Shut Down

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Barely a week after receiving bomb threats, Kryptovault now has to contend with another threat — forced closure by local authorities. According to the Norwegian edition of The Local, one of the bitcoin mining facilities that Kryptovault runs in Norway is at risk of being shut down by the local municipality following noise pollution complaints

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Bitcoin Mining Farm in Norway Receives Bomb Threat as Noise Complaints Mount

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It appears that the cryptocurrency revolution is not all that welcome in Norway, with a bitcoin mining facility in a remote part of the country receiving a bomb threat. According to the Vakdalposten newspaper, the mining company, which is called Kryptovault and operates in the cities of Follum, Honefuss, and Dale, received the bomb threats

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Presidential Candidate Adam Kokesh Launches Crypto-Fueled ‘Book Bomb’

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Presidential Candidate Adam Kokesh Launches Crypto-Fueled 'Book Bomb'

The American libertarian and anti-war political activist, Adam Kokesh, is running for the 59th quadrennial U.S. presidential election in 2020. Kokesh says his platform is simple, because as soon as he is elected, he plans to sign one executive order to dissolve the entire federal government. In order to spread his message, Kokesh is raising money to deliver a copy of his 2014 book ‘Freedom!’ in every single residential mailbox in New Orleans right before the Libertarian National Convention.

Also Read: Coinbase Launches Cryptocurrency Trading Tax Calculator  Read more...

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