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Thursday, June 1, 2023
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Nick Marinoff

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Elderly Woman Loses Lots of Money to Crypto Scam

An elderly woman – who’s choosing not to be named at the time of writing – has been scammed out of $20K through the illicit use of a bitcoin ATM. Woman Loses $20K to Bitcoin Fraud The woman recalled in an interview how the situation came about. She received a call from someone claiming to... The post Elderly Woman Loses Lots of Money to Crypto Scam appeared first on Live Bitcoin News.
Nick Marinoff -
Security

Durham Couple Violently Robbed; $250K in Crypto Stolen

Two men broke into a home in Durham, North Carolina with guns and forced the couple living there to transfer hundreds of thousands of dollars in crypto to them. The men were armed handguns and allegedly used zip ties to restrain the pair. Durham Is the Focus in New Crypto Crime The man and the... The post Durham Couple Violently Robbed; $250K in Crypto Stolen appeared first on Live Bitcoin News.
Nick Marinoff -
News

Hong Kong Set to Tax Crypto as Property

Hong Kong is looking to implement digital currency regulations. It recently took its first step in doing so by deciding (and taking a page out of the U.S. taxation book) that all crypto will be taxed as property and not money. Hong Kong Changes Its Thoughts on Crypto This is very similar to how crypto... The post Hong Kong Set to Tax Crypto as Property appeared first on Live Bitcoin News.
Nick Marinoff -
News

Texas’ Electricity Grid on the Brink: The Dark Side of Bitcoin Mining

Is bitcoin mining running the state of Texas into the ground? Texas Could Wind Up on the Wrong Side Texas declared itself open for bitcoin mining about two years ago. During that time, the nation of China said the practice would be declared illegal, meaning those taking part in crypto mining within its borders had... The post Report: Texas Is Suffering from too Much BTC Mining appeared first on Live Bitcoin News.
Nick Marinoff -
News

New York Town Takes a Stand: Cryptocurrency Mining Halted for 6 Months!

Right when we thought New York was going to become a more crypto-friendly state, the region of Brasher announced it is implementing a six-month cryptocurrency moratorium on all digital currency mining and related activities. Brasher Ain’t Too Keen on Crypto Mining The moratorium is set to go into effect on April 30 and will expire... The post New York Town of Brasher Implements Crypto Moratorium appeared first on Live Bitcoin News.
Nick Marinoff -
Security

Calgary, Canada Cracks Down on Crypto Crime

Calgary, Canada is setting up a new training and investigations hub hosted by local police authorities. The purpose is to deal with rising crypto crime that residents have reported. The goal is to keep crime numbers down and make sure people know how to avoid digital scams in the future. Calgary Gets Serious About Crypto-Related... The post Calgary, Canada Cracks Down on Crypto Crime appeared first on Live Bitcoin News.
Nick Marinoff -
News

New York to Allow Crypto Mining Firm Block Fusion to Set Up Shop

The Niagara Falls Planning Board in New York is permitting a crypto mining facility known as Block Fusion to move forward with its blockchain and crypto extraction plans following a long legal battle. The company recently applied to set up quarters in the Empire State, and those on the planning board heard no objections to... The post New York to Allow Crypto Mining Firm Block Fusion to Set Up Shop appeared first on Live Bitcoin News.
Nick Marinoff -
News

The Next BTC Halving Is a Year Away; What’s Going to Happen?

2024 is set to be a big year for several reasons. A big one is that Americans can finally vote Joe Biden out of office and spare their nation more incompetency, but a different reason is because the next bitcoin halving is set to occur. The Halving Is on Its Way Bitcoin halving events take... The post The Next BTC Halving Is a Year Away; What’s Going to Happen? appeared first on Live Bitcoin News.
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