CoinPot, the incredibly popular cryptocurrency microwallet and faucet provider, has announced that it’s shutting up shop after more than three years.
The service, which attracted hundreds of thousands of users, offered a way for people claiming free Bitcoin and other cryptos from faucets, to gather their coins in one place.
AN IT worker who disposed of a hard drive containing $300 Million worth of Bitcoin is offering a huge reward to help recover it.
James Howells, from Wales, UK, mistakenly threw away 7,500 Bitcoins contained on the hard drive in 2013 when he was clearing out some old equipment.
MORE people than ever now hold Bitcoin and Ethereum, judging by the number of ‘non-zero’ addresses that now exist.
According to Decrypt, there are now more than 32, 925,000 Bitcoin and 50,476,000 Ethereum addresses that hold some balance of cryptocurrency.
Nearly $1 billion worth of Bitcoins linked to the notorious Silk Road website has been moved after seven years of staying dormant.
The 70,000 coins – believed to be part of a £5.5 billion fortune missing since the site was shut by the FBI – has led to widespread speculation about who has access to the funds.
Cuba is now a Bitcoin hotspot with residents embracing the cryptocurrency in record numbers, trailing only Nigeria in terms of adoption.
According to Google Trends data, the former Spanish colony has seen a surge of Bitcoin-related searches in the past few months.
Digital payment giant PayPal is to allow customers to use cryptocurrency – including Bitcoin – across its global platform.
The move means that many of PayPal’s 340 million active users will soon be able to buy and sell Bitcoin, Ethereum, Bitcoin Cash and Litecoin through their accounts.
Nigeria leads the world when it comes to Bitcoin adoption, with 32% of the population using or owning cryptocurrency in 2020.
The inhabitants of ‘Naija’ should rightly feel proud of this statistic as it places them at the forefront of the brave new world of decentralised finance.
Youngsters will be raiding their pocket money jars to buy Bitcoin if commentators reacting to a TikTok star’s posting are correct.
Bryce Hall, who claims to have around 25 million followers on the popular video sharing app, has posted about BTC and launched a podcast with Anthony ‘Pomp’ Pompilano, a well-known crypto evangelist.
Bitcoin has long been associated with nefarious activity and the murky world of the dark web.
Yet despite multiple studies showing that most Bitcoin transactions do not involve illegal activity it has been unable to shake this reputation.
It’s now even easier than ever to get involved in cryptocurrency after it was revealed the number of Bitcoin ATMs worldwide has grown to more than 10,000.
The increase represents an 87% leap over the past year, according to Norwegian financial services firm AksjeBloggen.
Gene Simmons, the bassist and co-leader singer of Kiss, has come out and apparently publicly backed Bitcoin.
The legendary rocker, 71, famed for his wild on-stage performances and extra-long tongue, revealed his cryptocurrency predilections in a tweet earlier this week.
People have been fascinated by treasure hunts and the promise of untold riches waiting to be discovered since time began.
Up until now though, most of these have involved troves of gold, precious stones and other glittering, physical prizes.
Reports that Gordon Ramsay, the celebrity chef known for his fiery temper, has invested in Bitcoin are unfounded and part of scam marketeering, Freecoyn can report.
Rumours began circulating this week that the cook, famous for his Michelin starred cuisine and appearances on Hell’s Kitchen and Ramsay’s Kitchen Nightmares, had been buying cryptocurrency through a website called Bitcoin Revolution.
Pornhub, one of the world’s largest adult entertainment sites, is now accepting Bitcoin and Litecoin as payment from users.
The announcement that the porn site would be accepting cryptocurrency in addition to credit cards was announced in a Tweet on Wednesday.
The world’s largest cryptocurrency exchange by trade volume has targeted Londoners with a new advertising campaign ahead of its UK launch.
Binance, which was found in 2017 in China by Changpeng Zhao and later headquartered in Malta, has arranged for 17 bus stops in key locations around England’s capital city to advertise its Bitcoin trading platform.
The scourge of cryptojacking has reared its ugly head again, and the surge in Bitcoin’s value is thought to be to blame.
According to new research published by cybersecurity experts Symantec, there was a 163% increase in browser cryptojacking in the second quarter of 2020.
Bitcoin is “a Ponzi scheme that should be avoided like the plague”, the boss of Ryanair has said after his image was used for a scam advert.
Michael O’Leary, CEO of the budget airline, joined other well-known figures such as Simon Cowell, Sir Philip Green, Holly Willoughby, Lord Sugar and Jeremy Clarkson when his image was used for the ‘Bitcoin Lifestyle’ scam.
The laboratory that created the atomic bomb has developed an Artificial Intelligence (AI) system to stop crypto miners illegally harnessing the power of supercomputers.
Researchers at Los Alamos National Laboratory, in New Mexico, USA, say their ‘software watchdog’ will soon play a crucial role in protecting high-performing computing facilities.
A leading Bitcoin investment firm has started using TV advertising to raise awareness amongst the wider public about the investment possibilities that cryptocurrency offers in what is thought to be a world first.
Grayscale Investments is running the campaign across several major US cable networks, such as MSNBC, Fox and CNBC, focusing on its brand and products.
THE ex-CEO of insurance giant Prudential has performed a U-turn and appeared to back Bitcoin.
George Ball, now chairman at investment firm Sanders Morris Harris, implied in an interview with Reuters, that Bitcoin is a safe bet for big investors.
Russia is developing a state-backed tool to track all Bitcoin transactions in the country.
The state financial monitoring service Rosfinmonitoring is working with the Physics Institute at Moscow University to build an AI tool that will develop a ‘transparent blockchain’.
Bitcoin has moved a little bit closer to The White House after Kamala Harris was chosen by presidential hopeful Joe Biden as his Democratic running mate.
Ms Harris, 55, has appointed Ryan Montoya to her campaign team – a man who was previously the chief technology officer of the National Basketball Association’s Sacramento Kings.
The world’s largest business intelligence firm has bought more than 21,000 Bitcoins to store as its primary reserve asset.
MicroStrategy, based in Virginia, USA, purchased the 21,454 Bitcoins for around $250 million as a reflection of the companies “belief in Bitcoin”.
Crypto traders looking for an easy win may have to start going to bed a little later on Sundays.
New data shows that Sunday nights are the best time to buy Bitcoin during ‘the dip’ when it’s at a discount.
Cryptocurrency is now legal in Russia, but it cannot be used for payments, according to reports emerging from the country.
Russian President Vladimir Putin has apparently signed a bill recognising cryptocurrency as a type of property and therefore legal in the country from January 1, 2021.
Baby boomers are turning to Bitcoin as a way of diversifying their portfolio as they hunt returns during an extended period of historically low interest rates.
According to Coinfloor, one of the UK’s oldest crypto exchanges, those born between 1946-1964 are seeing Bitcoin as an increasingly attractive investment proposition.
A teenager from Bognor Regis, England, is one of three people charged over a Twitter hack which targeted the accounts of several high-profile US figures.
The US Department of Justice confirmed that Californian authorities had filed felony charges against Mason Sheppard, 19, also known as ‘Chaewon’.
Power plants in Iran have been given the green light to mine Bitcoin and other cryptocurrencies.
There’s one proviso though – they’re not allowed to use subsidized fuel to do so.
Bitcoin is an “aspirational store of value” according to a new report from global investment powerhouse Fidelity.
Fidelity Digital Assets, a subsidiary of Fidelity, says that as the cryptocurrency matures is may serve many functions, “either foundationally or through incremental layers”.
When hackers stole nearly 120,000 Bitcoins from the Bitfinex exchange it was one of the world’s largest Bitcoin thefts, second only to the infamous Mt Gox heist.
Now, in a new twist to the 2016 hack which has been shrouded in mystery ever since, some of the coins have been moved.
The characters of children’s favourite Dr Seuss are entering the digital world as crypto collections thanks to a new collaboration.
Dr Seuss Enterprises has teamed up with Dapper Labs, the company behind Crypokitties and NBA Top Shot, to add iconic characters including The Cat in the Hat, The Lorax, The Grinch and Thing One and Thing Two to the Flow blockchain.
Russian chess legend Garry Kasparov has backed Bitcoin as a way for people to gain more control over their money.
The grandmaster and political activist told Forbes that Bitcoin’s strength was that “you known exactly the number – the magic number of 21 million,” referring to the maximum number of coins that can ever be mined.
Satoshi Nakamoto, the mysterious and enigmatic Bitcoin founder, probably mined some 1,125,150 coins worth £8.3 billion ($10.5 billion) at today’s prices.
The latest estimate of Satoshi’s treasure has been revealed in a Whale Alert report, which suggests that he/they mined up to block 54,316 to protect the network and blockchain.
The world of Bitcoin and cryptocurrency is often seen as a male-dominated arena.
But this is changing rapidly, according to a report by CoinMarketCap, which suggests the number of women involved in the cryptocurrency sphere – particularly investing – is surging.
Brazilian Jiu-Jitsu (BJJ) champion Craig Jones has revealed his own tale of Bitcoin regret as he announced a new partnership with CoinJar.
In an interview with the digital currency exchange Jones admitted that he had once bought some Bitcoin with some friends for “shits and giggles” back in 2015.
Mystery surrounds the identity of a Bitcoin scammer who hacked the Twitter accounts of multiple high-profile figures from the world of showbiz, politics and business.
Internet sleuths have been racing to discover the culprit behind the hack, which saw the accounts of former US President Barack Obama, Amazon boss Jeff Bezos and reality TV star Kim Kardashian targeted among others.
When Bitcoin originally popped into existence it was billed as a completely untraceable decentralised digital currency for the masses.
The same has been said of the many altcoins that followed, but it’s becoming more apparent as the years roll by that the untraceable part is not entirely true.
The Bank of England (BoE) is considering create a new digital currency because of the “huge implications” of cryptocurrency in the future.
Governor Andrew Bailey announced the news of the potentially ground-breaking move to students at a Speakers for Schools webinar event.
THE UK-based cryptocurrency exchange Cashaa, which lost more than $3 million worth of Bitcoins to hackers, says exchanges around the globe have offered to help catch the culprit.
At the time of writing the company, based in London, had ceased all trades while it investigates the theft.
An artist has been coining it to the tune of more than 1.3 Bitcoins after adorning his work with QR codes asking for donations in crypto.
Pascal Boyart’s latest piece of street art, a mural titled ‘Confessions of a Red Jester’ in Paris, earned him more than 0.05 BTC in first five days of it being produced.
Anyone ‘hodling’ Bitcoin (BTC) can rest easy in their beds tonight – their investment will never be worth absolutely nothing.
British entrepreneur and Bitcoin Bull Alistair Milne has placed a huge buy order for the current circulating total of 18.52 million Bitcoins, currently worth around $18.5 billion, to prevent it from ever reaching $0.
Nearly 90% of cryptocurrency holders are concerned about what will happen to their assets after they die, a new study has found.
Despite this high level of concern, just 23% of investors have created a documented plan for their loved ones, according to The Cremation Institute.
The personal data of hundreds of thousands of people – the majority from the UK – has been exposed in a complex Bitcoin scam.
Some 248,926 sets of personally identifiable details from users around the world, including phone numbers, names and email address, were used to create personalised URLs directing users to malicious websites masquerading as legitimate news outlets.
American rapper and entrepreneur Kayne West’s announcement that he may run for president of the United States has been welcomed by Bitcoin fans across the globe.
Mr West, also known as “Yeezy”, stunned his 30-million Twitter followers on Sunday by announcing his intention to seek office in 2020.
Nearly two million Brits hold cryptocurrency assets, according to new research by the Financial Conduct Authority (FCA).
Some 3.86% of the population own cryptocurrencies, assuming there’s around 50 million adults in the UK, double the number who held the assets last year.
In what could be a huge boost for Bitcoin, global payments giant PayPal has started recruiting blockchain experts to develop crypto products.
According to various sources online, PayPal is planning to allow direct cryptocurrency purchases on its platform, potentially opening up the world of bitcoin and other coins to its 300+ million users.