Blog: FullyCrypto

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Author Ale_lux, Alexander Bowring, Alex Meears, Fully Crypto, Jinia Shawdagor, Mark Hunter, Motiur Rahman, The Insider, Will Gambit,
Stats Has published 861 posts about cryptocurrency

Jun 19 2021

How China Became a Mecca for Crypto Mining

Jun 19 2021 Published at FullyCrypto under tags  bitcoin china crypto guides mining

Reading Time: 3 minutes China has been the home of crypto mining for over a decade The recent ban by the Chinese government is threatening that dominance Why did China become a Mecca for crypto mining in the first place?...

Jun 18 2021

IRON Finance Blames Whales for TITAN Collapse

Reading Time: 2 minutes IRON Finance has outlined the “bank run” that caused its TITAN governance token to crash from $64 to $0 earlier this week IRON Finance cited that whales redeeming their IRON tokens incorrectly was the catalyst for the crash Holders panic sold...

Sichuan Tells Energy Companies to Stop Serving Crypto Miners

Reading Time: 2 minutes The local government of Sichuan has told power companies to immediately stop supplying crypto mining operations in the region. Crypto mining was said to be continuing as normal despite the nationwide ban imposed last month Hydroelectric miners...

2.3 Million Brits Hold Cryptocurrencies Says FCA

Reading Time: 2 minutes The number of Brits owning cryptocurrencies has grown 21% in the past year The median holding has also grown, as has the perception of cryptocurrencies as an investment rather than a gamble However, understanding of cryptocurrencies among...

Fake Ledger Devices Sent to Data Breach Victims

Jun 18 2021 Published at FullyCrypto under tags  cryptocurrency news hack ledger scam wallet

Reading Time: 2 minutes Compromised Ledger Nano devices are being sent to Ledger hack victims The wallets purport to come from the company as an apology for the massive data leak last year The wallets contain a flash drive which allows any funds on them to go straight...

Jun 17 2021

Bitcoin Rent-a-FUD Critic Showcases Ignorance

Reading Time: 4 minutes A Bitcoin critic loved by anti-Bitcoin mainstream media outlets has illustrated his ignorance with his latest piece Pete Howson was discussing El Salvador’s Bitcoin plans but ignored several key aspects The prejudiced piece is symptomatic of the...

World Bank Refuses to Help El Salvador Implement Bitcoin

Reading Time: 2 minutes The World Bank has said that it has refused a request to help El Salvador implement Bitcoin The World Bank cited Bitcoin’s “environmental and transparency shortcomings” as reasons to withhold assistance The Central American Bank for Economic...

TITAN Token Crashes to $0 After “Bank Run”

Jun 17 2021 Published at FullyCrypto under tags  cryptocurrency cryptocurrency news defi

Reading Time: 2 minutes IRON Finance’s TITAN token has crashed from $64 to $0 following a “bank run” It is suspected that huge sells followed by whales taking advantage of an arbitrage opportunity were to blame TITAN holder Mark Cuban was also hit by the sudden crash...

Jun 16 2021

Swiss Bank Sygnum to Allow Trading of Leading DeFi Tokens

Jun 16 2021 Published at FullyCrypto under tags  cryptocurrency news defi

Reading Time: 2 minutes In a historic move, Switzerland’s Sygnum bank aims to allow institutional investors to get into DeFi in a regulated manner. The bank will provide regulated banking services for a number of leading DeFi tokens. Sygnum aims to add more DeFi...

Bitcoin To Be Taught to British Cub Scouts

Reading Time: 2 minutes British Cub Scouts are to learn about Bitcoin as part of a new Money Skills Activity Badge HSBC are backing the project, which means that Bitcoin will be getting short shrift An initial report suggested that children were “sceptical” about...

Bitcoin Celebrity Scam Tricked Retiree Out of $170,000

Jun 16 2021 Published at FullyCrypto under tags  bitcoin bitcoin news cryptocurrency scam

Reading Time: 2 minutes A Bitcoin investment advert featuring a celebrity has led to a retired British teacher losing her life savings Theresa Jackson lost £120,000 to the Bitcoin scammers who used the image of TV star Bear Grylls to lure her in The celebrity Bitcoin...

SEC Leaves Crypto Out of Spring 2021 Agenda

Reading Time: 2 minutes The SEC recently published its spring 2021 agenda, but cryptocurrency reform was not on it The agenda outlined the agency’s revised short- and long-term goals which were varied but did not mention the cryptocurrency markets New SEC boss Gary...

Jun 15 2021

Microstrategy to Sell $1B in Stock to Purchase Additional BTC

Jun 15 2021 Published at FullyCrypto under tags  bitcoin bitcoin news microstrategy

Reading Time: 2 minutes Microstrategy has revealed its intentions to sell up to $1 billion in stock to acquire more Bitcoin. Just today, the company completed the sale of $500 million in bonds and will use its proceeds to buy Bitcoin. Microstrategy has gained around...

Carlos Ghosn Accomplices Admit Helping Him Flee

Jun 15 2021 Published at FullyCrypto under tags  bitcoin bitcoin news crime

Reading Time: 2 minutes Two of the three accomplices who helped former head of Nissan Carlos Ghosn flee Japan have admitted their role Michael and Peter Taylor helped Ghosn flee Japan and received over $500,000 in bitcoin shortly after the job was done Ghosn maintains...

ForUsAll Crypto 401(k) Retirement Plan is a Big First

Reading Time: 2 minutes The news that pension provider ForUsAll is launching a 401(k) with cryptocurrency exposure is huge for the space The news went under the radar following the El Savador excitement, but it is an equally big development $22 trillion is locked up in...

Cryptocurrency Mining Gets Creative in Eco Push

Reading Time: 2 minutes Cryptocurrency mining has become public enemy number one in recent weeks Fossil fuel-powered cryptocurrency mining operations have been criticized heavily in the press and further afield There are some innovative ways in which the crypto...

Bitcoin at Critical Point as Sentiment Turns Bullish

Reading Time: 2 minutes Bitcoin is at a crucial point in its recovery, hovering just below $41,000 The bounce off $30,000 has been met with strong buy volume The sentiment around Bitcoin has shifted once again in the past week or so to be bullish...

Jun 14 2021

Will Crypto Take Over the World? Bitstamp CEO Thinks Different

Reading Time: 2 minutes El Salvador's move to adopt Bitcoin as legal tender has prompted discussions on whether Bitcoin can replace the dollar. Bitstamp CEO Julian Sawyer says crypto shortcomings are an obstacle. After El Salvador, a handful of Latin American...

AntChain Goes West with Euro 2020 Sponsorship

Jun 14 2021 Published at FullyCrypto under tags  adoption blockchain blockchain news china

Reading Time: 2 minutes AntChain, the blockchain arm of Ant Group, has signed a deal to provide blockchain solutions to UEFA The company is advertising during the Euro 2020 tournament AntChain will provide blockchain solutions during the tournament and beyond...

What Will Mainstream Media Target When Bitcoin Goes Green?

Reading Time: 3 minutes Mainstream media outlets have taken Bitcoin to task over its environmental impact in 2021 This switch has come about after other arguments have been proved wrong in the past 18 months Bitcoin’s part in ransomware attacks will be the final straw...