$850 Million Bitfinex Bombshell Disproves Crazy Bitcoin Conspiracy

$850 Million Bitfinex Bombshell Disproves Crazy Bitcoin Conspiracy 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: ShapeShift CEO Erik Voorhees made a valid observation on Twitter today, pointing out that there’s some degree of irony in the charges potentially facing embattled Bitcoin exchange Bitfinex: Tether had the cash reserves, despite wide speculation that the company had issued far more crypto tokens than it could settle. Ironically, this latest Bitfinex drama may be the one thing that disproves the “Bitfinex’ed” conspiracy theory. If USD in that amount was seized/stolen/held by Crypto Capital, then the USD backing Tether DID actually exist after all. @Bitfinexed claim was…

Yelp

Yelp 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: As bitcoin’s price experienced a surge this week, it seems merchants and consumers are more interested in crypto than ever. Local-search company Yelp has joined the pact by reportedly adding a filter to help users find merchants that accept cryptocurrency. No matter if you’re looking for a burger bar, dog groomer, or any other kind of business listed on its site, you can now zero in on those that let you pay with crypto. Yelp’s move is reflective of a larger move that the crypto space has craved…

North Korean Hackers Don’t Give a $#%! about Crypto Winter

North Korean Hackers Don’t Give a $#%! about Crypto Winter 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

North Korean Hackers Don’t Give a $#%! about Crypto Winter The cryptocurrency sector may still be in a bearish phase, but the state-sponsored North Korean hacking group Lazarus remains absurdly bullish on the bitcoin industry – at least if its continued focus on the sector is anything to go by. For Lazarus, Crypto Exchanges are the Geese that lay Golden Eggs Per cybersecurity firm Kaspersky Lab, both Mac and Windows OS users remain vulnerable to the group’s ongoing hacking effort. Lazarus is understood to have launched the operation in November…

Ex-NATO Secretary General Bullish on Blockchain as He Partners With Swiss Startup

Ex-NATO Secretary General Bullish on Blockchain as He Partners With Swiss Startup 5  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  Swiss blockchain identity network Concordium has hired former Danish prime minister and NATO secretary general Anders Fogh Rasmussen as a strategic advisor, the company confirmed in a press release on March 20. The Concordium Foundation, the controlling entity behind the Concordium Network that launched a proof of concept in January, aims to tackle blockchain deployment in certain fields with Rasmussen’s expertise. The former politician currently heads Rasmussen Global, a consultancy firm active in diverse fields including democracy, transatlantic relations and security policy. “Given the enormous scope and far-reaching potential…

Security Tokens – Not Bitcoin – is MakerDAO’s Most Exciting New Feature

Security Tokens – Not Bitcoin – is MakerDAO’s Most Exciting New Feature 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Security Tokens – Not Bitcoin – is MakerDAO’s Most Exciting New Feature Rune Christensen, the CEO and founder of MakerDAO, came to the United States this week to visit the MIT Bitcoin Expo, among other things. Christensen took some time to talk to CCN about the status of MakerDAO’s full release. Any Real Value Asset Can Potentially Back a Dai He says the multi-collateral Dai release will have two major features, but the most important is, well, the addition of other types of collateral. Join CCN for $9.99 per month…

Crypto Winter Freezes New York Bitcoin Mining Industry

Crypto Winter Freezes New York Bitcoin Mining Industry 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  A unique characteristic of many upstate New York cities is their low energy rates. Hydroelectric dams along the St. Lawrence river give residents electricity so cheap that many even heat their homes with it. The region made perfect sense for crypto miners during the “gold rush” days of 2017 and early 2018, and the increased demand from the Bitcoin mining industry created the problem of increased electricity demand driving up the costs. Mining Premiums & Government Action + Crypto Winter = Toxic Environment for Bitcoin Miners Some municipalities like…

Binance’s Trust Wallet Adds Support for XRP, Credit Card Payments

Binance's Trust Wallet Adds Support for XRP, Credit Card Payments 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Binance’s Trust Wallet Adds Support for XRP, Credit Card Payments Cryptocurrency exchange Binance’s official wallet, Trust Wallet, now lets users buy cryptos with credit cards. The new payment option is being offered in partnership with Israel-based payments processor Simplex, according to an announcement from Binance on Tuesday. At the same time, the exchange said, Trust Wallet is adding support for XRP, the third largest cryptocurrency by market capitalization. Trust Wallet users can now, therefore, purchase XRP, bitcoin (BTC), bitcoin cash (BCH), litecoin (LTC) and ether (ETH) with “major” credit and…

Every Airline That Has Stopped Flying 737 MAX 8 Planes after Boeing Crash

Every Airline That Has Stopped Flying 737 MAX 8 Planes after Boeing Crash 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  In the aftermath of the tragedy that befell the passengers on Ethiopian Airlines flight ET302, several airlines around the world have grounded the Boeing 737 MAX 8 aircraft that has now been involved in two crashes in less than six months. China and Indonesia Ground All 737 MAX 8 Flights The most wide-ranging responses to the latest accident have come from China and Indonesia where the aviation authorities of both countries announced a unilateral grounding of the 737 MAX 8, meaning that any airline with the plane in its…

Cash

Cash 10  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Cash A new report claims that cash is “on the verge of collapse” in the UK, with cash transactions expected to almost vanish in the next decade. Meanwhile, bitcoin transaction volume is surging towards an all-time high and mainstream vendors like Starbucks and Krogers are considering methods of cryptocurrency payments. The outdated cash infrastructure is set to be eclipsed. And bitcoin is positioning itself to replace it. The Access to Cash Review says that the current rate of decline would mean cash use in the UK would end in 2026.…

Crypto Futures Provider Volumes Increase 500 Percent After Acquisition by Kraken

Crypto Futures Provider Volumes Increase 500 Percent After Acquisition by Kraken 11  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Crypto Futures Provider Volumes Increase 500 Percent After Acquisition by Kraken United Kingdom-based crypto exchange and futures provider Crypto Facilities has significantly increased its trading volumes after being acquired by crypto exchange Kraken, according to the information shared with Cointelegraph Tuesday, Mar. 5. Cointelegraph spoke to Sui Chung, head of cryptocurrency pricing products at Crypto Facilities, according to whom the platform’s trading volumes have increased more than 500 percent. Chung said that company’s average daily trading volume was around $7 million per day in January. However, following the acquisition announcement,…