Crypto Pirates
1,024 episodes - English - Latest episode: over 1 year ago -Crypto Pirates YouTube Channel is home to a variety of content, including daily videos covering the newest cryptocurrency news, opinions, rumours, sentiments, interviews and information. We undertake the legwork of locating the day's most significant issues and studying numerous articles so that you may still acquire the knowledge you need without having to do it all yourself.
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Episodes
Jack Dorsey Is Skeptical About Ethereum‘s Ability To Dominate The Traditional Market In The Same Way That Bitcoin Did
August 15, 2021 06:52 - 4 minutes - 8.57 MBJack Dorsey, the billionaire internet entrepreneur and CEO of Square and Twitter, is well-known in the cryptocurrency field as a Bitcoin maximalist and has declared as much publicly. He is a Bitcoin maximalist who disregards all other blockchain networks in favour of Bitcoin. His latest comment on Ethereum, the second-largest cryptocurrency by market capitalisation, reaffirmed this. However, one cannot deny that the Ethereum network is a significant player in the cryptocurrency market. The...
Cardano‘s ADA coin price is increasing in anticipation of the Alonzo upgrade to the blockchain platform
August 15, 2021 06:50 - 4 minutes - 8.36 MBOn Friday, the Cardano (ADA) token crossed the $2 mark, nearly matching the digital asset's all-time high price from a few months ago. This is in advance of the platform's upgrade, which will boost the project's smart contract solutions, making them more advanced and fully functional by the time it goes live. The meteoric rise in the price of Cardano's ADA At approximately 9:00 a.m. on Friday, Cardano's ADA rallied to $2.08 ($2.12 as of press). As recently as May, the coin reached a high o...
China is forging its own path in the cryptocurrency world
August 15, 2021 06:47 - 13 minutes - 25.7 MBThe successful implementation of the Chinese digital currency model would limit the United States' ability to impose sanctions and blockades. People all over the world witnessed a significant drop in the market for Bitcoin and other cryptocurrencies in mid-May 2021. This precipitous drop was interpreted as a reaction to China's most recent crackdown. The People's Bank of China (PBOC) has taken this step to emphasise the importance of orienting its actions towards financial and investment st...
Police in the United Kingdom Seize a USB Stick Containing 9.5 Million Dollars in Ethereum
August 15, 2021 06:42 - 3 minutes - 7.11 MBBritish investigators have apprehended the operators of an international cryptocurrency scam for $22.25 million. Among the confiscated items was a $9.5 million USB stick containing ethereum. The police are currently attempting to contact victims of this scam in order to recover their funds. Police in the United Kingdom Seize Cryptocurrency on a USB Flash Drive The Greater Manchester Police Department in the United Kingdom announced Wednesday that its Economic Crime Unit seized a USB stick ...
50 years after Nixon ended the dollar‘s gold bundle, Crypto revamped the world economy
August 15, 2021 06:40 - 7 minutes - 13.7 MBWill the global economy head for the digital currency age of Bretton Woods? Sunday marks the 50th anniversary of the description of a "monetary bombshell" on the world financial system by announcing that the US dollar is no longer tied to the gold that effectively yanks America out of an international currency regime set up by the Bretton Woods Accord. In the 1940s in the fight against fascism and global economic instability, the international monetary system was forged. The Bretton Woods ...
All investors of cryptocurrency should avoid these five taxation mistakes
August 15, 2021 06:36 - 7 minutes - 14.7 MBBecause of its substantial volatility in equity and forex markets, cryptocurrency has become increasingly popular among aggressive dealers. Because of its large volatility of equity and forex markets, cryptocurrency or crypto has become more popular among aggressive traders. While there are numerous differing techniques for technical analysis, cryptographic and traditional financial markets differ, mainly in tax calculation and payment. It could be a frustrating, difficult procedure for yo...
Spend your crypto with new card that converts up to 30 cryptocurrencies to Australian dollars
August 14, 2021 10:17 - 5 minutes - 10.1 MBCryptocurrency exchanges are pleading with the government for regulation as the sector moves closer to mainstream acceptance, with one Australian exchange releasing a new Mastercard that enables consumers to spend their holdings at any retailer that takes credit cards. Customers may now spend 30 different cryptocurrencies on the new CoinJar Card, which is issued by cryptocurrency exchange CoinJar and immediately converts cryptocurrency funds to Australian dollar amounts depending on current...
How Investors Can Participate in Crypto Without Purchasing Any
August 14, 2021 08:12 - 12 minutes - 23.4 MBThe learning curve for cryptocurrency investing is considerable. Suze Orman, a personal finance expert, found it "aggravating" when she first tried to invest using a bitcoin exchange. She recently told us, "It was just too complicated for me." And, as a volatile, highly speculative investment, many investors are understandably wary. However, for people who are interested in cryptocurrency but do not wish to purchase and hold actual cryptocurrencies, there are still methods to invest, albei...
Ethereum‘s hard fork update EIP-1559 fuels a massive crypto comeback
August 14, 2021 02:12 - 5 minutes - 9.7 MBThe upgrade's primary objective is to increase the predictability of Ethereum transaction costs. Crypto asset values have soared in recent weeks, led by a near-doubling of ether prices in response to a critical upgrade to the Ethereum network. Prices of ether, the Ethereum blockchain's native cryptocurrency, increased by more than 85 percent from a low of roughly $1,700 on July 20 to a high of $3,200 on 10 August. Bitcoin increased by 60% during the same period, from less than $29,000 to m...
A crypto company is offering a hacker $500,000 in exchange for ‘assisting in the enhancement of its security‘
August 14, 2021 01:09 - 3 minutes - 7.14 MBPoly Network suffered a $610 million loss as a result of the 'Mr White Hat' attack, however the majority of it has been recovered. Poly Network, the cryptocurrency network that was hacked earlier this week and lost $610 million (€517 million), stated on Friday that it offered a $500,000 (€424,000) "bug bounty" to the hacker or hackers. It hailed the hacker – termed a "white hat" in industry lingo for an ethical hacker who normally seeks to uncover cyber flaws – for returning the majority o...
Square‘s cryptocurrency drive creates a fresh opportunity for ASX investors
August 14, 2021 00:28 - 5 minutes - 10.8 MBThe exchange has a history of rejecting crypto firms, but Square's local listing following its acquisition of Afterpay will give it a greater market cap than CBA. Along with generating a thousand headlines, the union of Square and Afterpay merged two distinct defining principles of the modern fintech era: buy now, pay later and cryptocurrency. Square will now dual-list on the ASX with a market capitalisation of more than $US150 billion; a fintech with a greater market capitalisation than A...
Crypto NFT Games Are Popular—Here Are Some Upcoming Titles for Crypto Enthusiasts to Watch
August 12, 2021 23:08 - 4 minutes - 8.3 MBWhile cryptocurrencies and NFTs have staged a comeback, one segment of the crypto realm has thrived. NFT games enable users to interact with digital worlds through the use of blockchain technology, which is backed by a variety of digital currencies. Certain NFT games, such as Decentraland and Axie Infinity, have already established themselves. However, just as with traditional games, NFT fans are constantly on the lookout for future titles to get their hands on first. What are non-linear ti...
Hackers returned the majority of the US$600 million in stolen cryptocurrency to Poly Network
August 12, 2021 22:23 - 3 minutes - 7.29 MBFollowing the world's largest heist. The hackers responsible for one of the largest digital coin heists in history have already returned virtually all of the approximately US$610 million they took, Poly Network, the cryptocurrency platform targeted earlier this week by the attack, announced on Thursday. Following the return of the funds, the site, which was little known prior to Tuesday's crime, described the hacker on Twitter as a "white hat," referring to ethical hackers who normally see...
Why do individuals pay real money for virtual garments in crypto fashion?
August 12, 2021 21:50 - 6 minutes - 12.4 MBPeople are concerned with what their avatars are wearing. Hiroto Kai remained up all night developing Japanese-inspired outfits after the virtual world Decentraland announced in June that users could manufacture and sell their own clothing for avatars to wear on the site. He claimed to have made $15,000-$20,000 in three weeks by selling kimonos for roughly $140 each. While many individuals find it difficult to spend real money on clothes that does not physically exist, virtual assets crea...
What the US Securities and Exchange Commission can learn from the German regulator
August 12, 2021 21:02 - 8 minutesWhile the public awaits the SEC's decision on how to regulate the DeFi industry, Germany's BaFin has already found a solution. The chairman of the United States Securities and Exchange Commission, Gary Gensler, stated earlier this month that the crypto industry should not be exempt from the regulator's jurisdiction. He emphasised that when it comes to investor protections, decentralised finance (DeFi) trading and lending protocols require special attention. Regulation can include a variety...
Which cryptocurrency platform is superior, BlockFi or Celsius?
August 11, 2021 22:50 - 6 minutesDue to the efficiency with which blockchain technology facilitates value exchange, users can earn significantly greater interest rates on their digital assets. Depending on the asset you offer, you may be able to earn annual returns of more than 10%, paid in cryptocurrency. If you intend to invest in cryptocurrencies over the long term, an interest-bearing account is a need. Both BlockFi and Celsius offer high-interest bitcoin savings accounts. They accomplish this by lending cryptocurrenc...
ShareMine AI encourages environmentally friendly and secure cryptocurrency mining
August 11, 2021 21:58 - 3 minutesOne trend that has enveloped crypto mining at the moment is Elon Musk's ecological approach. Recently, Tesla CEO Elon Musk and Twitter co-founder Jack Dorsey discussed bitcoin mining and its impact on the environment. The Bitcoin Mining Council was established out of these conversations about BTC mining. The dangers associated with BTC mining motivated several cryptocurrency enthusiasts to design the ShareMine AI. This business has a capitalisation of more than ten million dollars. ShareMin...
After a major theft, hackers returned $260 million to the cryptocurrency platform
August 11, 2021 21:10 - 5 minutesThe hackers responsible for one of the largest cryptocurrency heists in history have returned more than a third of the almost $600 million in digital tokens they stole, blockchain researchers reported Wednesday. Poly Network, a decentralised finance network that enables peer-to-peer transactions, reported the hack on Twitter, including the digital wallet addresses to which the tokens were sent. According to blockchain researchers, the value of the currencies in the wallets was just over $6...
The attacker of Poly Network has begun returning the $611 million in stolen bitcoin
August 11, 2021 11:09 - 3 minutesA Brief Summary * The attacker for Poly Network has begun restoring monies stolen in the largest DeFi hack to date. * The move came less than a day after blockchain security firm Slowmist apparently received the attacker's identification information... Support us!
The crypto markets are rocketing as a result of the short squeeze
August 11, 2021 09:12 - 4 minutesA jump in cryptocurrency markets that has lasted into August is being ascribed in part to a short squeeze driven by errant bets placed by bears in response to last month's rapid rally. Between July 21 and July 30, as bitcoin surged 30%, over $US2.4 billion ($3.2 billion) in short positions across crypto markets were liquidated on global derivatives exchanges, according to statistics collated by Australian cryptocurrency exchange Swyftx. Over the last three weeks, the prices of the two main...
The Australian government should redirect its attention away from the ‘Wild West‘ crypto narrative
August 11, 2021 07:38 - 5 minutesThe CEO of Blockchain Australia, Steve Vallas, has urged for more regulatory engagement in the Australian crypto industry, while rejecting the overarching notion of crypto in Australia being the "Wild West." Vallas was one of several famous speakers invited to an online debate sponsored by Senator Andrew Bragg, Chair of the Select Committee on Australia as a Technology and Financial Centre, on Friday. While the CEO of Blockchain Australia believes Australia's crypto and blockchain scene is...
Cardano‘s Creator to Organize a Pro-Crypto Rally in Washington, D.C.
August 10, 2021 23:06 - 3 minutesFollowing a significant setback in the United States Senate, the Cardano developer urges his fans not to quit up. Following the Senate's rejection of the cryptocurrency business in the United States, IOHK CEO Charles Hoskinson is prepared to take to the streets. The creator of Cardano recently tweeted about making phone calls to coordinate a rally in Washington, D.C. According to a report acquired by USA Today, Senators Richard Shelby and Bernie Sanders obstructed the amendment due to their...
The DeFi platform is pleading with hackers to return $600 million worth of stolen cryptocurrency
August 10, 2021 22:16 - 3 minutesAround $600 million worth of cryptocurrencies was stolen by hackers. It doesn't hurt to ask. Ploy Network, a decentralised financial network (DeFi), pleaded with hackers Tuesday morning for the recovery of about $600 million in cryptocurrencies it said was stolen earlier that day. If true, the heist, which Poly Network stated includes wrapped bitcoin (WBTC) and wrapped ether (WETH), among other cryptocurrencies, would be one of the largest — if not the greatest — in the volatile history of...
The Middle East‘s Unstable Nations Will Drive Crypto Adoption
August 10, 2021 21:33 - 6 minutesThe region's next wave of crypto adoption is likely to come from people of unstable autocracies or those living in nations like Iran and Lebanon who are experiencing crippling inflation... Support us!