In Poland, Central Bankers Pay for Cryptocurrency Bashing on YouTube, Hackers Are Mining Crypto On Government Websites and more!
Cryptocurrency shills, meet anti-cryptocurrency shills. Paid trolls may be the new reality in the 2018 cryptoverse, as the Central Bank of Poland has reportedly been outed as paying thousands of dollars to popular Polish YouTubers to bash the viability of cryptocurrencies.
Rob Joyce — the Trump administration’s top cybersecurity coordinator — just declared at the Munich Security Conference that the U.S. government doesn’t have any intention of regulating bitcoin anytime soon. Joyce noted the need for officials to continue studying the fledgling space of cryptocurrencies before regulators could fairly consider how to proceed.
Hackers hijacked software intended to help people with disabilities to mine cryptocurrency, affecting more than 4,000 websites around the world.
Western Union is the latest financial institution to experiment with using Ripple for money transfers and more. The relationship is expected to boost Ripple's overall appeal and could help the crypto supplant Bitcoin as the market leader.
The company behind iconic video games such as Pac-Man and Pong is planning to launch its own cryptocurrency, dubbed "Atari Token," according to an announcement last week.
The U.S. Federal Communications Commission (FCC) warned a New York City resident this week that his bitcoin mining hardware was interfering with a broadband network operated by T-Mobile.
Software giant Microsoft has said it sees potential for public blockchains in supporting decentralized identities and will explore the possibilities within its Microsoft Authenticator app.
Criminals are laundering “billions” using bitcoin and other cryptocurrencies, according to E.U. law enforcement agency Europol. Although director Rob Wainwright used the statistics to call for more industry and regulatory action to combat it, some commentators noted the amount is tiny compared to that passing through the heavily-regulated banking system.
After a relatively low start to the month in the crypto market, the total market cap of all cryptocurrencies has again broken $500 bln today, Feb. 17, according to CoinMarketCap. The total market cap is currently around $502 bln at press time.
An anonymous cryptocurrency trader just purchased a whopping $400 million USD in bitcoin. It’s a sign that serious and experienced traders are watching the market, and are prepared to leap in when they sense an undervalued asset rather than turn their backs.