Bitcoin OTC Trade in Hong Kong Goes Wrong: $500,000 Stolen – Decrypt

In brief

A group of men reportedly stole over $500,000 from a woman trading cryptocurrency in Hong Kong.
This is the first of two cryptocurrency related robberies in Hong Kong since the start of the year.
In the past, sometimes traders themselves have been kidnapped.

Over 3.

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Kraken Latest Exchange to Suspend XRP Trading – Decrypt

Kraken will suspend XRP trading for US residents on January 29, the San Francisco-based cryptocurrency exchange announced on Friday.
While US users will still be able to deposit or withdraw XRP after that date, they have just two weeks to continue trading the beleaguered digital asset.

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Bitcoin Mining Revenue Hits $20 Billion, Doubling in Two Years – Decrypt

Bitcoin miners have earned as much as they have in the past two years as they did in the first decade of Bitcoin’s existence.
The impressive factoid, pointed out by Rafael Schultze-Kraft, CTO of data metrics site Glassnode, draws on Glassnode’s data for cumulative Bitcoin miner revenue.

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‘Elon Musk’ Twitter Scams Rake in $580,000 of Bitcoin – Decrypt

In brief

A scam impersonating a crypto giveaway run by fake Elon Musk profiles has increased in the past weeks.
These scams have raked in over $580,000 in Bitcoin so far.
Twitter has been criticized for its failure to control the huge amount of bad actors operating on the platform.

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