Man allegedly tries to ‘recover’ losses from BitConnect, kidnapping two
Indian authorities have arrested a man for allegedly kidnapping two employees of BitConnect creator Satish Kumbhani and extorting $125 million in crypto.
Related Posts


Bitcoin price briefly loses $20K on ‘bunch of nothing’ Powell speech
Bitcoin (BTC) analysts were keen to draw fresh price targets on Aug. 27 after the largest cryptocurrency briefly fell below $20,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSub-$20,000 BTC price targets stay in placeData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $19,945 on Bitstamp the night after hawkish comments from the United States Federal Reserve. Intraday…

New Bitcoin ETFs filed: One for bears, the other with ‘leverage for ants’
ETF issuers are getting creative with two new filings for inverse and leveraged funds. 1054 Total views 17 Total shares Exchange-traded fund issuer Direxion has filed for a product that would enable speculators to buy contracts that short the price of Bitcoin.In a filing made to the U.S. Securities and Exchange Commission on Oct. 26,…

Spot Ethereum ETFs are coming, but ETH derivatives markets are flat
Ether futures show little confidence in the chance of ETH breaking above $4,000 in the near term.

Canadian regulator explains stance on crypto staking, lending for investment funds
Staking is still allowed, while the lending opportunities are limited and the proportion of “illiquid” assets is restricted. The Canadian Securities Administrators (CSA) — Canada’s chief financial authority — has confirmed its trust in the regulated futures market for crypto, which “promotes greater price discovery.” Apart from the United States, the Canadian market hosts several…

Chinese Economist Says 2020 Is the Tipping Point for Blockchain
Chinese economist says signs have shown 2020 is an important year for integrating blockchain within all industries. 1442 Total views 26 Total shares The Tencent blockchain accelerator entry contest was held recently in Shenzhen China. Its theme concerned “blockchain industry and ecological co construction".According to the local news on July 2, Professor Zhu Jiaming, former…

BTC traders brace for $30K loss — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week above $30,000 but heading nowhere as the multi-month trading range refuses to shift.BTC price action is giving traders little more than a frustrating sense of deja vu — and they are now wondering what it could take to change the trend.It may in fact be more accurate to say…

Arkham CEO rebuts claims of ‘snitch-to-earn’ program, says it’s to find bad actors
Arkham CEO Miguel Morel said public blockchains are "probably the worst possible way of keeping one's private information private.” The chief of the startup blockchain intelligence platform Arkham has refuted claims by the crypto community that its new “Intel Exchange” is a “snitch-to-earn” or “dox-to-earn” system.On a July 11 Twitter Space, Arkham CEO Miguel Morel…

China Bitcoin reserves: What happens if it follows the US playbook?
Update March 7, 11:32 am UTC: This article has been updated to add Jan3 CEO Samson Mow’s X post. As the United States moves forward with its Strategic Bitcoin Reserve, speculation is growing over whether China will respond with its own national crypto strategy. On March 7, US President Donald Trump signed an executive order