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| October 19, 2018

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Here are the winning numbers in tonight’s $667M Mega Millions drawing

October 17, 2018 |

The Mega Millions prize was already giant, but now it’s even bigger.
FOX News

Trump is still losing millions at his golf resorts in Scotland

October 8, 2018 |

After sinking more than $ 196 million into his Scottish golf courses, President Trump has yet to make a profit.

His two resorts posted a combined loss of $ 6.07 million in 2017, according to the latest filings in the United Kingdom. Of that, Trump’s flagship Turnberry 800-acre resort on Scotland’s…


L.A. Times – Business

Did an L.A. real estate broker shortchange the citizens of an African nation out of millions?

September 30, 2018 |

When the bluff-top mansion at the end of Malibu’s Sweetwater Mesa Road sold for more than $ 30 million in 2016, it looked like the end of a years-long intrigue involving the playboy son of the president of an oil-rich African nation.

Instead, the sale and a quick flip of the property for nearly…


L.A. Times – Business

TMZ

United Nations General Assembly Events Cost U.S. Taxpayers Millions

September 27, 2018 |

The United States paid millions to host the United Nations’ General Assembly this year … ironic since President Trump became the butt of the meeting’s biggest joke. We obtained federal docs outlining costs associated with the Lotte Hotel in…

TMZ.com

Heir Found Guilty of Killing Father for His Millions

September 25, 2018 |

A Toronto man has been found guilty of murdering his father whose 2012 death was originally ruled a suicide. Per the BBC , Dellen Millard told authorities his father, businessman Wayne Millard, suffered from alcoholism and depression as they investigated the death. After investigators concluded the gunshot wound that killed 71-year-old…
Newser

They Spent Millions on a Hat That Could Be Worth Nothing

September 24, 2018 |

It could be a $ 6.5 million hat—but it might also not be. WBEZ reports that the crown jewel of the Abraham Lincoln Presidential Library and Museum’s collection, Lincoln’s stovepipe hat, one of just three thought to still exist, may not have belonged to the 16th president after all….
Newser

CNN

Super Typhoon Mangkhut threatens millions

September 15, 2018 |

The Philippines is evacuating thousands of people, deploying soldiers and positioning emergency provisions as Super Typhoon Mangkhut threatens more than four million people in the north of the country.
CNN.com – RSS Channel – World

Hurricane Florence puts millions in crosshairs for historic surge; makes move toward Carolinas

September 13, 2018 |

Catastrophic flash floods, life-threatening storm surge, tropical storm-force winds – and even tornadoes – are expected as Hurricane Florence barrels toward the United States east coast Thursday, even as the massive storm was downgraded to a still-deadly Category 2 hurricane.
FOX News

$800M BTC Wallet Reactivates: Tens of Millions to Exchanges

September 5, 2018 |

$  800M BTC Wallet Reactivates: Tens of Millions to Exchanges

Speculation has been swirling around a BTC wallet held dormant for over four years that is suddenly showing movement. That it contains something on the order of nearly one billion dollars worth of bitcoin core (BTC) has the ecosystem in both investigative mode and panic, as it could signal a giant dump at the very time the broader market appears to be recovering.

Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning Plug

$ 800 Million BTC Wallet Moves After Over 4 Years

“The original wallet owned 111,114.62 $ BTC / $ BCH , which is currently valuated ~ $ 844M (without taking in account other #Bitcoin forks),” reads the beginning of a crypto saga posted over three days. “Last movements on these subwallets are 4 years and 5 months old (March 9th, 2014). The chunks have been divided over time to 60,000 coins then to 30,000 / 20,000 / 10,000 / 5,000 / 500 and now 100 coins.”

$  800Mil Bitcoin BTC Wallet Reactivates: Tens of $  Millions to Exchanges
Rare photograph of DPR

Simply delicious imaginings by Reddit poster sick_silk touch upon all the hot button, notorious BTC bagholders of yore: could it be Satoshi Nakamoto herself, back to take profits? How about the real Dread Pirate Roberts of Silk Road fame, busting an old stash open now that coasts have cleared? Or is it those dastardly Mt. Gox sorts, out to cash their lucre?

Theories abound as to just who or what moved bitcoin core from a four-year dormant virtual wallet containing more than 111,000 BTC, a value of right around $ 800 million at current prices. The movement was indeed uncovered by sub-reddit user sick_silk, and in a series of posts, attempts are made by both the poster and commentators to divine the wallet’s owner and motive(s).

$  800Mil Bitcoin BTC Wallet Reactivates: Tens of $  Millions to Exchanges

Dread Pirate Roberts, Satoshi, Gox

The wallet’s creation dates back to just before summer of 2014, and is now active or moving, and funds are heading to at least two exchanges. Over 11k BTC, about $ 80 million, made its way from the mysterious wallet to Bitfinex. A cool $ 32 million found its way to Binance.

By themselves, they’re not earth-shattering amounts. However, in an extended bear market, one lingering since late 2017, enthusiasts are wary of any news that might even hint at a potential glut or dump of BTC. For better or worse, as BTC moves, so does the crypto market as a whole.  

$  800Mil Bitcoin BTC Wallet Reactivates: Tens of $  Millions to Exchanges

In fact, many investors continue to smart after the Gox trustee sold off heavy amounts of BTC and BCH not too long ago, effectively tanking prices (a practice he’s since sworn off). In the background too is evergreen speculation about Satoshi’s real personage, with new allegations extending to the likelihood of it being more of a group: three men, and of the principals only one is alive with access to keys enabling him to claim the giant prize by around 2020.   

Less read crypto news outlets have widely settled on the rumor the wallet belongs to the long defunct Silk Road website in some fantastic way. They, and many others in the space, claim the US government is the wallet’s subsequent, post-conviction owner, and it is merely taking advantage of a small spike in prices.

Whatever the actual truth, and the posts themselves could be a major troll, it does make for some pretty interesting reading.     

What’s your theory about this wallet’s sudden activity? Share your thoughts in the comments section below!


Images courtesy of Shutterstock.


At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

The post $ 800M BTC Wallet Reactivates: Tens of Millions to Exchanges appeared first on Bitcoin News.

Bitcoin News

The Daily: Cboe Close to Ether Futures, Brave Boasts Millions of Downloads

August 31, 2018 |

The Daily: Cboe Close to Ether Futures, Brave Boasts Millions of Downloads

Cboe is getting closer to launching ether futures and we’ve covered the report in The Daily. Also, Brave has reported 10 million downloads of the Android version of its privacy-oriented browser, the Russian telecom regulator says it would unban Telegram if the messenger follows court orders, and IOTA Foundation has released its Trinity desktop wallet app in beta.

Also read: Huobi Nears Backdoor Listing, Musk Still Loves Scambots

Report: Cboe to Launch Ether Futures in 2018

The Daily: Cboe Close to Ether Futures, Brave Boasts Millions of DownloadsThe US-based exchange behind the first bitcoin (BTC) futures, Cboe Global Markets, is now getting close to launching futures for ether, Business Insider UK reports quoting knowledgeable sources. The report further details this could happen as early as this year. The outlet notes that the announcement of the new products could create conditions for the wider trading in the second-largest cryptocurrency by market cap and possibly open the door for an ETF. Danny Kim, head of growth at the crypto trading firm SFOX commented:

Cboe’s offering will enable crypto traders to take both long and short positions in ether and it’s another step forward to a new accepted asset class. With this, I think the new investment opportunity will take crypto out of the bearish market and reverse to a new bull.

Cboe is now reportedly waiting for a decision from the Commodities Futures Trading Commission (CFTC) before launching the product. According to people familiar with the matter, Cboe would be basing its futures on the underlying market of Gemini, the NY-headquartered cryptocurrency exchange operated by the Winklevoss brothers. Cboe’s bitcoin futures are also based on its platform. A representative of the Securities and Exchange Commission (SEC) stated in June that SEC didn’t view the trading of ether as a violation of the US securities law.

Brave Browser With 10 Million Android Downloads

The Android version of Brave browser, the open-source web browser boasting enhanced privacy features, has recorded more than 10 million downloads, its publisher announced in a tweet. “Thank you to our users for choosing to browse faster and safer, and for valuing privacy protection!” Brave Software added in its post. According to media reports, the browser has been ranked among the top 10 “Free Communication Apps” on Google Play Store in a couple of dozen markets already.

Brave is a privacy-oriented browser supporting opt-in ads and crypto payments between users and website publishers. To take advantage of the tipping system, which uses Brave’s ethereum-based basic attention token (BAT), users have to enable the payments in the browser. Used by Twitchers and Youtubers, the service may soon be available to Twitter and Reddit users as well. Earlier this month, the company behind it announced plans to introduce support for the two platforms in the fourth quarter of this year.

Roskomnadzor May Consider Unblocking Telegram

The Daily: Cboe Close to Ether Futures, Brave Boasts Millions of DownloadsRussia’s telecommunications watchdog now says it’s ready to consider lifting the ban on the popular messaging app Telegram in case its operator agrees to follow a court order to provide Russian law enforcement agencies with access to its encrypted messages, RT reported. Roskomnadzor attempted to block the messenger, used by many in the crypto community, after it did not comply with last year’s request to share its decryption keys.

Last week, Roskomnadzor reiterated its position saying the ban may be lifted if Telegram provides assurances it will abide by the court’s decision. The announcement comes after the agency faced difficulties in its attempts to effectively restrict the service in Russia. At the same time, Telegram has not indicated it intends to change its stance on the matter. A lawyer representing the company said the messaging service can only share limited data on individual users, provided a court deems it necessary.

IOTA Announces Beta Version of Trinity Desktop Wallet

The Daily: Cboe Close to Ether Futures, Brave Boasts Millions of DownloadsThe IOTA Foundation has recently announced the release of the Trinity desktop wallet app in beta. The launch comes after an earlier release of the Trinity Mobile wallet which has now been optimized for desktop application. Both versions can be downloaded from links published on the Trinity website. IOTA is open sourcing the code for the two wallets and hopes to work with the developer community to improve them further.

According to a published statement: “Trinity Desktop on Windows is signed with the IOTA Foundation code-signing certificate, which needs to have a positive reputation in order to pass the Smart Screen filter… Since Trinity Desktop has just been released, the Smart Screen will continue to flag the wallet.” Users can manually check the certificate by right-clicking the application icon and opening “Properties”. The information about the “IOTA Stiftung” signature can be found under the “Digital Signatures” tab.

What are your thoughts on today’s news tidbits? Tell us in the comments section below.


Images courtesy of Shutterstock.


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The post The Daily: Cboe Close to Ether Futures, Brave Boasts Millions of Downloads appeared first on Bitcoin News.

Bitcoin News