About Georgi Georgiev

Kraken Received 3 Times More Law Enforcement Requests in 2018

Cryptocurrency exchange Kraken has revealed that it has received three times more law enforcement requests in 2018 compared to 2017. The overwhelming majority of requesting authorities is in the US.  A Chokepoint for Law Enforcement San Francisco-based cryptocurrency exchange Kraken...

Apple Loses Almost As Much As Bitcoin’s Entire Market Cap in One Day

Apple stock (APPL) has seen upwards of $60 billion erased from its valuation, an amount close to Bitcoin’s entire market capitalization, suggesting that Bitcoin and cryptocurrency are still in the early stages of mass adoption.  Worst Daily Plunge Since 2013...

Fred Wilson: 2019 Will Find the Bottom and ‘Slowly’ Enter a Bull-Run

Fred Wilson, the co-founder of Union Square Ventures, holds that 2019 will see the cryptocurrency market bottom out and ‘slowly’ enter a new bull run. However, he’s also concerned by actions of ‘misguided’ regulators.  2019: Finding the Bottom Venture capitalist...

EXCLUSIVE: Mystery ‘8 Whale’ Moves 5% of Total Bitcoin Supply in the Past Month

A new Bitcoin mystery has emerged. 848,000 BTC or almost 5 percent of the total supply, is contained within 106 addresses, each one holding exactly 8,000 BTC. What’s more, all were recently created as bitcoin reached the lowest price in over...

Ethereum ICO Treasury Withdrawals Hit 2018 High in December

Projects which had their initial coin offerings (ICOs) on the blockchain of Ethereum have quickly liquidated their ETH holdings since June of 2018. Treasury withdrawals hit a year-high in December with more than 420,000 ETH being liquidated. 420,000 Ethereum Sold...

Lightning Network Milestone: ‘Micro-Auction’ Art Piece Sells for $0.000000037

A ‘Black Swan’ art piece by Cryptograffiti has auctioned to the lowest bidder for a milli-satoshi or just $0.000000037 thanks to the Bitcoin Lightning Network, making the winning likely the world’s cheapest auction.  The ‘Black Swan’ A Reddit user going by the...