Hawk Tuah’s crypto launch is the latest celebrity investment disaster | Mashable

December 6, 2024December 5, 2024 ~ knjohn ~ 1 Comment

Bitcoin has just hit $100,000.

Buoyed by Donald Trump’s reelection and the promise of a pro-cryptocurrency administration, crypto investors are going all in on the digital currency. With the price of Bitcoin rising high, cryptocurrency is seemingly seeping back into the public consciousness after the crypto crashes of 2022.

And, it appears the memecoin fad is having a resurgence right now too. On the same day Bitcoin hit its new six-figure record high, the viral “Hawk Tuah” girl Hailey Welch launched her own cryptocurrency token $HAWK.

AT&T paid $370K to hacker to delete stolen data, report says | Digital Trends

July 15, 2024July 14, 2024 ~ knjohn ~ Leave a comment

Following AT&T’s admission on Friday that a security breach had impacted tens of millions of its customers, a new report claims that the carrier paid around $370,000 to the hacker to delete all of the stolen data.

The payment was made in cryptocurrency in May, and as part of the deal the hacker had to provide a video that proved the data had been deleted, Wired reported on Sunday.

The news site carried out its own investigations into the payment and concluded that the transaction did indeed take place.

10 Things To Know Before You Buy Bitcoin | The Startup Magazine

August 29, 2022 ~ knjohn ~ Leave a comment

What to remember before buying bitcoin (BTC)?

The increasing popularity of cryptocurrency may indicate that folks are more interested in learning some basics about this new investment opportunity. Unfortunately, surveys have shown that 96% of American respondents failed to answer simple questions regarding bitcoin. That’s why future investors must boost their crypto-related know-how before they start investing in the BTC bubble. The recent market crash, in essence, serves as a warning to those who consider bitcoin a make-money-fast method without learning some essentials about cryptocurrency. Since bitcoin remains the most popular form of virtual money, we’re describing some of the most important factors people should remember before buying it.

Best 5 Crypto Apps to Buy Bitcoin in 2022 | AllBusiness.com

July 25, 2022July 25, 2022 ~ knjohn ~ Leave a comment

Cryptocurrency trading has become more accessible than ever, driven by iterative upgrades to the services offered by leading crypto exchanges and brokers. In fact, the global cryptocurrency trading market is forecast to reach $4.94 billion by 2030. Nowadays, crypto apps are one of the most popular ways for investors to operate within the market, allowing for a seamless trading experience while on the go.

5 best crypto apps to trade with in 2022

The following are five of the best crypto trading apps available to investors. We will review all the elements investors must consider before deciding which to choose.

Making Sense of Crypto | The Startup Magazine

July 8, 2022July 6, 2022 ~ knjohn ~ Leave a comment

One of the hottest topics in the investment world today is cryptocurrency. It’s also one of the most misunderstood and with the current negative headlines about plunging value, easy to dismiss. However, like most headlines on the evening news, there is more to understand about this digital currency than a quick two-minute newscast can cover.

What is crypto?

To understand what cryptocurrency is, you need to start with the Blockchain. In its simplest form, the Blockchain is just computer programs that perform specific functions. They are decentralized, meaning they are not owned by a specific entity. Blockchain is essentially a records-keeper, much like your favorite accounting software. Where it differs, however, is that any additions or changes to its files are recorded permanently on its digital “log” and visible for all to see. This makes Blockchain both a privacy-favoring transaction recording platform and one that is designed for trust, as any actions are visible and permanently recorded on the Blockchain.

Millions in Bitcoin pouring into Ukraine from donors | BBC News

February 28, 2022February 27, 2022 ~ knjohn ~ Leave a comment

Cryptocurrency analysts say at least $13.7m (£10.2m) has so far been donated to the Ukrainian war effort through anonymous Bitcoin donations.

Researchers at Elliptic, a blockchain analysis company, say the Ukrainian government, NGOs and volunteer groups have raised the money by advertising their Bitcoin wallet addresses online.

More than 4,000 donations have been made so far, with one unknown donor gifting Bitcoin worth $3m to an NGO.

The median donation is $95.

Should Your Small Business Accept Cryptocurrency? | businessnewsdaily.com

February 10, 2022February 9, 2022 ~ knjohn ~ Leave a comment

Before you start accepting cryptocurrency, take a look at some technical and pragmatic considerations.

Cryptocurrency is a digital medium of exchange that allows direct transactions without third-party processors.
Cryptocurrencies aren’t regulated or backed by any government.
Accepting crypto as payment at your business can lower transaction fees but also introduce security concerns.
This article is for entrepreneurs and small business owners interested in learning about cryptocurrency as a customer payment method.

Goldman Sachs predicts bitcoin could hit $100,000 | CNN

January 6, 2022January 5, 2022 ~ knjohn ~ Leave a comment

Bitcoin prices have pulled back lately — but Goldman Sachs still sees strong gains ahead in the coming years.

The world’s most valuable cryptocurrency has fallen to about $46,000 after surging to a record high near $69,000 in November. Yet Goldman Sachs (GS) said in a report this week that bitcoin (XBT) could more than double, to a little over $100,000 per coin, within the next five years.

“We think that bitcoin’s market share will most likely rise over time as a byproduct of broader adoption of digital assets,” Zach Pandl, the co-head of global foreign exchange, rates and emerging market strategy for Goldman Sachs, said in the report.

How to Accept Crypto Payments as a Small Business | Small Business Trends

January 3, 2022January 2, 2022 ~ knjohn ~ Leave a comment

It took only four months within the first half of 2021 for the global cryptocurrency usage to double to over 200 million. In this article, we’ll show you how to accept crypto payments as a small business.

As more people continue to warm up to crypto, a good number of small businesses are way ahead of the news, positioning themselves to serve the increasing number of crypto-paying customers.

Accepting Cryptocurrency Payments

According to a January 2020 HSB nationwide survey, 36% of small businesses accept cryptocurrency payments. If you’re among the enterprises left out of the crypto payments bracket, it’s probably time to start figuring out how to accept crypto payments to keep pace with the competition.

Cryptocurrency Options in Employee 401(k) Plans | business.com

September 15, 2021September 14, 2021 ~ knjohn ~ Leave a comment

87 percent of full-time employees expressed interest in diversifying their retirement investments with cryptocurrency

While major cryptocurrencies such as Bitcoin are now household names, most Americans haven’t bought into this fast-growing asset class. One reason for this discrepancy is because the average American’s exposure to the broader investment market takes place through their employer-sponsored 401(k) plans.

And with so much volatility and so little regulation in cryptocurrency markets, traditionally risk-averse retirement managers have generally shied away from cryptocurrency investments. But fresh data suggest the handful of companies already offering cryptocurrency retirement options are ahead of the curve.

New research on full-time employees preferences suggests that workers are interested in this new retirement savings option. These data suggest there is an untapped well of enthusiasm for cryptocurrency investments through a 401(k) plan; however, there remain variations in attitudes towards cryptocurrency investments depending on one’s age and current investments.