Criptos News

Latest news about blockchain and cryptocurrencies

Cuban Central Bank Issues Warning on the Rising Number of Crypto-Related Ponzi Cases

Cuba has witnessed some exciting times in the last few months as far as nationwide digital currency acceptance, but the road toward this goal is still under construction. The country’s central bank recently issued a warning about the rising number of cryptocurrency-related scam cases across the island. Alleged Crypto Scams Are Mentioned in the Alert […]…

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Elon Musk Impersonators Rake in $2 Million: Regulator Warns of Fake Giveaway Cryptocurrency Scams

The U.S. Federal Trade Commission (FTC) says reports of cryptocurrency scams have skyrocketed. In particular, people have reported sending more than $2 million in cryptocurrency to Elon Musk impersonators within the past six months. Elon Musk Impersonators and Other Cryptocurrency Scams The FTC published “Consumer Protection Data Spotlight” Monday. FTC analyst Emma Fletcher wrote, “Reports […]…

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Ark Invest: Bitcoin Mining Net Positive to Environment, Concerns of BTC’s Energy Consumption Are Misguided

Following concerns raised by Tesla CEO Elon Musk about Bitcoin’s energy consumption, global asset manager Ark Investment Management explained that the concerns are “misguided.” Referring to its research using real-world data, the investment firm emphasized that “the impact of bitcoin mining could become a net positive to the environment.” Bitcoin Mining Could Help the Environment […]…

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Elongate: Market Rereads Bitcoin FUD Playbook & Waits For The Next Tweet

Source: a screenshot of a tweet by Elon Musk on April 1, 2018. The Cryptoverse is hard at work debunking Tesla chief Elon Musk’s Bitcoin (BTC) criticism, with many accusing him of narcissism and market manipulation, while some trying to guess what else might be used from the BTC FUD (fear, uncertainty, doubt) playbook. It’s not news by now that the business magnate wields great power through his…

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Elon Musk Dumping Bitcoin? Will Bitcoin Drop Below 40,000 USD?

The text below is an advertorial article that was not written by Cryptonews.com journalists.

Bitcoin, the biggest cryptocurrency by market cap, had a couple of bad weeks already. After the big crash caused by Elon Musk’s announcement that Tesla would suspend accepting bitcoin. Bitcoin declined from 60,000 USD to 43,00 USD within one week, while many altcoins have recovered from the loss. Has the…

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Elon Musk Discloses ‘Tesla Has Not Sold Any Bitcoin’

Amid speculation over the weekend that Tesla may have sold its bitcoins, CEO Elon Musk has clarified that the electric car company “has not sold any bitcoin.” The Technoking of Tesla got into a heated debate with the bitcoin community Sunday after he announced that Tesla has suspended accepting bitcoin for payments due to environmental […]…

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