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Poloniex Users Threaten to Sue After Losing $13.5M in CLAM Flash Crash

By CCN: U.S.-based cryptocurrency exchange Poloniex has revealed that its lenders lost $13.5 million in a sudden CLAM price crash. To cover its losses, the exchange slashed the principal of active BTC loans by approximately 16%. Now outraged Poloniex users are calling the move a “theft” and considering launching a lawsuit against the exchange. An […]

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Study: Over 74% of Bitcoin Mining is Powered by Renewable Energy

Bitcoin mining’s energy mix is 74.1% renewable energy, according to cryptocurrency investment products and research firm CoinShares Source: https://cointelegraph.com/rss

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Tesla Bear Slams Elon Musk’s Cars as Poorly Made with Limited Popularity

By CCN: Short seller Jim Chanos has criticized the quality of the cars leaving Tesla plants, reportedly saying they are “poorly made.” The Tesla bear, who profited handsomely from shorting Enron in 2001, also claimed the electric vehicle company’s products are mainly popular with those living on the U.S. coasts, according to Yahoo Finance. In […]

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Russia to start blocking major VPNs after censorship refusal

Russia's hatred for censorship-dodging VPNs is well-known, and it's now prepared to follow through on its . Telecoms oversight chief Alexander Zharov told Interfax that he expected to block nine major VPNs, including ExpressVPN and NordVPN, for refu… Source: engadget

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‘The War Has Begun’: McAfee Begs Hackers to Fight India’s Bitcoin Ban

By CCN: “The war has begun.” Thus thundered enigmatic crypto celebrity John McAfee as he issued an all-caps rebuke to India’s bombshell proposal to ban bitcoin ownership and slap offenders with draconian 10-year prison sentences. John McAfee: Anonymous Must Step Up to Fight India’s Draconian Bitcoin Ban Bill Ranting at the proposal in two now-deleted […]