Crypto fans witnessed another episode of Billions featuring a plot focused on a Bitcoin mining operation. The world of cryptocurrencies figured prominently in the newest episode of the Showtime series Billions, which was broadcast on Sunday. The story revolved around a crypto mining scheme in a preparatory school. Notably, the episode was written by Ben Mezrich,…
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Huobi Group rebranded its derivatives trading platform as Huobi Futures in a bid to attract more investors to cryptocurrency derivates trading. Huobi Group has rebranded its cryptocurrency derivatives exchange platform Huobi DM to Huobi Futures. According to the announcement from the company’s spokesperson and head of Huobi global business, Ciara Sun, the new name of…
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Top venture capital firm Andreessen Horowitz looked at four key metrics for three cycles of cryptocurrency showing consistent growth. Venture capital firm Andreessen Horowitz thinks the past growth of social media, developers, prices, and startups among cryptocurrencies could mean a crypto cycle favorable to investors in the future. The United States-based company released a report…
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The U.S. is printing dollars and slashing interest rates to help the people, but will it affect the crypto market? Policymakers around the world have committed unprecedented amounts of fresh money in a bid to stave off an impending recession, or worse: a total depression. In the United States, the Senate approved a $2 trillion…
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Check out this week’s Bad Crypto News. The halving came and the halving went, which means that miners now only get 6.25 Bitcoins for each block and we only have about 1450 days to wait until the next one. That’s something to look forward to, especially as this halving didn’t seem to do much harm.…
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ErisX rolls out CFTC-regulated, physically-settled ETH futures contracts to U.S. traders, but positive spot price action is not a certainty. Crypto exchange platform ErisX is bringing Ether (ETH) futures trading to the United States, becoming the second cryptocurrency derivatives product on offer in the country. The announcement came only a few days after the Chicago-based,…
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There is no denying that you should be paying taxes on your income from crypto, but how can you ensure that you are not paying more taxes than you owe? Many crypto holders are reporting their crypto transactions for the first time as a result of the United States Internal Revenue Service’s question about “virtual…
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Despite a correlation between crypto hedge funds and traditional public markets, crypto assets have more benefits in a time of crisis. The first thing to note is that despite the safe-haven characterization of crypto, the asset class itself in March appeared to be closely correlated with traditional public markets. Additionally, there were some notable crypto…
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Scammers impersonating a Michael Bloomberg BTC giveaway on YouTube want your Bitcoins. Scammers are streaming Michael Bloomberg speeches on YouTube, claiming that the former presidential candidate is giving away free Bitcoin (BTC). Michael Bloomberg BTC Giveaway On May 14, there were at least two such incidents with an apparent combined audience of almost 60,000. The…
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A crypto exchange from Mexico has launched an initiative to gather COVID-19-related donations through cryptocurrencies. Mexican cryptocurrency exchange Bitso joined forces with the crowdfunding platform Donadora to launch a crypto-based donation system. The platform will help gather funds to buy food for the most vulnerable families affected by the COVID-19 crisis. According to a report published by El Heraldo…
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