Billionaire Demands Facebook Reveal Who Placed Scam Bitcoin Ads About Him

Janet Jackson’s billionaire ex husband, Wissam Al Mana, has demanded that Facebook reveal who was behind ads on the platform that used his image to promote a crypto scam.  The case stems from late February when Al Mana filed a lawsuit against the social media giant about a cryptocurrency scam using his name to promote itself in the Middle East. Al Mana claimed defamation, malicious falsehood and false advertising from the purported cryptocurrency firm ‘Bitcoin Trader’. One man to sue them all Facebook has since deleted the offending ads, but…

Mt. Gox Trustee Reveals Draft Rehabilitation Plan

The trustee for the defunct Mt. Gox cryptocurrency exchange has drafted a rehabilitation plan for creditors. The plan will see claims for fiat currencies, Bitcoin (BTC), and Bitcoin Cash (BCH) honored in their requested form, while all other crypto assets “will be liquidated into cash to the extent possible.” Mt. Gox trustee to liquidate all crypto excluding BTC and BCH Funds will be allocated toward the rehabilitation proceedings first, with creditors receiving funds thereafter. Priority payments will be made to secure the interests of fiat currency claims, followed by small…

VR World Somnium Space Sells 110 ETH of Virtual Land

Somnium Space sold 110 Ethereum (ETH) worth of virtual land plots during the first seven days of its multi-week affair.  “During the first week of Road to SLO we have sold a total of 25 parcels for 110 ETH,” a Somnium representative told Cointelegraph. “Moreover we have seen a record high sale of a Bundle of 10 parcels from one user to another for whooping 100 ETH.” Last week, blockchain-based VR game, Somnium Space, completed the first week of its Road to Secondary Land Offering, a March 13 statement detailed.…

Olympic Committee Has No Right to Blame Africa For Its Postponement Decision

IOC president Thomas Bach is blaming Africa for his decision to postpone the Olympic games amid the coronavirus pandemic. Africa is by far the least affected continent on earth, outside of Antarctica. It’s time to stop freaking out about Africa and give its nations props for handling the crisis so far. Historically known for famine, poverty, and infectious disease, Africa has a bad reputation. And IOC President Thomas Bach dealt the continent another blow by blaming it for his decision to postpone the 2020 Olympics. Bach’s remarks are bizarre. The…

What Your ‘Coronavirus Party’ Reaction Says About You

A group of 20-something millennials in Kentucky threw a “coronavirus party.” One of them actually contracted COVID-19. But there’s more to this story than the pandemic itself. People couldn’t believe what they were reading when “coronavirus party” started trending on Twitter. A group of young adults in their 20s threw what they call a shindig in Kentucky, and they named it a “coronavirus party.” Then one of them actually came down with a case of COVID-19. The most-liked response on Twitter was: Source: Twitter Kentucky’s Governor Misses the Point (And…

Just Like Bitcoin Before It, Cardano Is Banned From Wikipedia

On March 24, Cardano (ADA) founder, Charles Hoskinson, streamed a YouTube video titled “On Wikipedia,” in which he berated Wikipedia for applying arbitrary commercial censorship against Cardano. Wikipedia’s censorship of Bitcoin may have led to Satoshi’s disappearance Censorship of cryptocurrency projects is as old as the industry itself. Back in 2010, even Satoshi Nakamoto was frustrated with Wikipedia’s editors for removing Bitcoin’s wiki entry several times.  After PayPal severed ties with WikiLeaks, one of Bitcoin’s supporters suggested that becoming the site’s new source of donations would generate enough publicity to…

Zayn Malik Quit One Direction 5 Years Ago and Saved Music Forever

Five years ago, Zayn Malik quit One Direction. Thanks to his heroic decision, the world was saved from years of terrible music. He broke the boy band cycle that has plagued the world for decades, and we should celebrate him. Zayn Malik is back in the headlines today as the world celebrates the day he quit One Direction. Five years ago today, Malik left the boy band to live the life of a normal 22-year-old young man, and we are forever indebted to him. This guy gets it. | Source:…

The Role of Cryptocurrencies in the Rise of Ransomware

Cryptocurrency and ransomware have had a long history together. They are so closely intertwined, in fact, that many have blamed the rise of cryptocurrency for a parallel rise in ransomware attacks. Ransomware attacks are certainly increasing — they rose by 118% in 2018 — but it’s not clear that this is due to cryptocurrency. While the vast majority of ransoms are paid in crypto, the transparent nature of these currencies actually means that they are a pretty bad place to hide stolen funds. In this article, we’ll take a look…

Bitcoin Price Facing New ‘Death Cross’ Suggests No $10K BTC Before May

Bitcoin (BTC) is trading at $6,670 representing a 1% gain in the last 24 hours but a gain of 14.66% off the weekly open at $5,815. Looking at performance relative to its peers, Ether (ETH) and XRP both underperformed versus Bitcoin last week against the U.S. dollar and have continued to do so.  As a result, Bitcoin dominance is up 1.5% and pushing to reclaim 68% as there has been a general flight to safety in Bitcoin, although dominance is still down some 4% for the highs of the year…

The Unlikely Coronavirus Treatment No One Talks About

New York hospitals have had success using vitamin C to treat coronavirus. Similar results were seen in Wuhan. Data show that healthy lifestyle choices could be the best way to avoid severe coronavirus cases. As New York’s hospitals become overrun with coronavirus patients, the race to find a successful treatment is on. So far, no vaccine or treatment has been proven effective for Covid-19, but there have been several promising candidates which are now under review. Vitamin C Used as Coronavirus Treatment One treatment being trialed by New York health…