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Crypto News
Justice Department seizes millions of dollars in cryptocurrency allegedly linked with terrorism
Crypto News
BitBurg August 17, 2020 0 Comments

Justice Department seizes millions of dollars in cryptocurrency allegedly linked with terrorism

DOJ has seized millions of dollars in cryptocurrency that it alleges is linked with terrorism campaigns. Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images The Department o…

Crypto News
With a new general partner and without Alexis Ohanian, Initialized Capital garners $230 million for fund five
Crypto News
BitBurg August 16, 2020 0 Comments

With a new general partner and without Alexis Ohanian, Initialized Capital garners $230 million for fund five

Initialized Capital, the early-stage venture firm that got its start inside of Y Combinator almost a decade ago and spun out of the organization roughly five years later, has closed its newest fund w…

Crypto News
Cyber-enabled financing campaigns involving Islamist militant groups dismantled: Justice Department
Crypto News
BitBurg August 15, 2020 0 Comments

Cyber-enabled financing campaigns involving Islamist militant groups dismantled: Justice Department

WASHINGTON (Reuters) – The U.S. Justice Department on Thursday announced the dismantling of cyber-enabled financing campaigns involving the military wing of Hamas, al Qaeda and Islamic State. “Thes…

Crypto News
Dave Portnoy Buys $200,000 in Bitcoin
Crypto News
BitBurg August 14, 2020 0 Comments

Dave Portnoy Buys $200,000 in Bitcoin

Dave Portnoy has bought $200,000 in bitcoin and $50,000 in chainlink in a video with the Winklevoss twins.Portnoy bought the crypto despite understanding almost nothing about Bitcoin…

Crypto News
Single-line Software Bug Causes Fledgling YAM Cryptocurrency To Implode Just Two Days After Launch
Crypto News
BitBurg August 14, 2020 0 Comments

Single-line Software Bug Causes Fledgling YAM Cryptocurrency To Implode Just Two Days After Launch

“At approximately 6PM UTC, on Wednesday, August 12, we discovered a bug in the YAM rebasing contract that would mint far more YAM than intended to sell to the Uniswap YAM/yCRV pool, sending a large a…

Crypto News
Garbage Crypto Product Dies Immediately After Launch
Crypto News
BitBurg August 14, 2020 0 Comments

Garbage Crypto Product Dies Immediately After Launch

What happens when you mix esoteric financial instruments with poor coding practices? You get decentralized finance (DeFi), a new buzzword popular with crypto fans who see it as a way to invest in new…

Crypto News
U.S. says takes down militant groups’ cryptocurrency fundraising effort
Crypto News
BitBurg August 14, 2020 0 Comments

U.S. says takes down militant groups’ cryptocurrency fundraising effort

WASHINGTON (Reuters) – The U.S. Justice Department on Thursday said it took down efforts by the military wing of Hamas, al Qaeda and Islamic State to raise funds via cryptocurrency through schemes th…

Crypto News
Facebook forms financial group to focus on payments
Crypto News
BitBurg August 13, 2020 0 Comments

Facebook forms financial group to focus on payments

The company believes that enabling such purchases makes advertising becomes more valuable. CEO Mark Zuckerberg has said that he’s quite keen on growing in-app transactions. “As payments grow across M…

Crypto News
Revolut losses tripled before heading into COVID-19 pandemic
Crypto News
BitBurg August 12, 2020 0 Comments

Revolut losses tripled before heading into COVID-19 pandemic

LONDON, Aug 11 (Reuters) – Britain’s Revolut saw its losses more than triple in 2019, providing further evidence of strain on financial technology firms even before the COVID-19 pandemic. Revolut, …

Crypto News
Revolut losses tripled before heading into COVID-19 pandemic
Crypto News
BitBurg August 12, 2020 0 Comments

Revolut losses tripled before heading into COVID-19 pandemic

LONDON, Aug 11 (Reuters) – Britain’s Revolut saw its losses more than triple in 2019, providing further evidence of strain on financial technology firms even before the COVID-19 pandemic. Revolut, …

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Recent Posts
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    Recent Posts
    • Disney succession, SBF speaks, and tech billionaires’ California dream: Leadership news roundup
      April 23, 2024
    • Bitcoin is bleeding. Why it’s dropped below $65,000
      April 22, 2024
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      April 22, 2024
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